country. she brought up tax increases on anybody making over $400,000 a year. by the way, that includes households, that could be a couple jointly making that amount, that will see their taxes go up, so that is the discussion you have at the white house right now, but grover, explained to me this. there are still segments of this economy that are just on fire. you ve got the wealthy header doing very well, restaurants are packed, real estate mean heating value in a lot of parts of the country right now. it seems to me, the lower caste getting hurt most by the inflation prices. are they able to rein this in? not doing any of the things biden is either doing our promising to do, as a matter of fact, he is opposing doing all of the things that might free that up. when they had the shutdowns and people stopped working and that a great deal of welfare spending, paying people money, are not working, when they re not working.
Transcripts for FOXNEWS FOX and Friends 20240604 12:52:45 archive.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from archive.org Daily Mail and Mail on Sunday newspapers.
labour market start to weaken more substantially than i think it will be quick to reverse course because then inflation prices are going to cool down and then we can get, you know, some easing and get the recovery back on track.- know, some easing and get the recovery back on track. thank you so much. the headlines. russia has attacked the ukrainian capital, kyiv, overnight with drones, hitting criticial infrastructure. in a separate development, ukraine claims it killed 400 russian soldiers in a missile strike in donetsk on new year s day. a warning over the uk s national health service senior doctors say some emergency departments are in a complete state of crisis . tens of thousands of people are expected to pay their respects to the former pope, benedict, as he lies in state at the vatican. sport and for a full round up from the bbc sport centre, here s holly hamilton. preparations are currently under way in the brazilian city ahead of the funeral of football legend pele.
economy and that is why we i see inflation prices be very high and seeing inflation grow up a lot so there is a need to cool down and thatis there is a need to cool down and that is probably why we are getting into a recession. i think it will be fairly mild. and in europe, the us, but clearly emerging markets are also going to be affected so, yeah, things are going to be a little bit more challenging in the coming quarters for sure. we more challenging in the coming quarters for sure. more challenging in the coming quarters for sure. we were told by the imf that quarters for sure. we were told by the imf that even quarters for sure. we were told by the imf that even countries - quarters for sure. we were told by the imf that even countries that l quarters for sure. we were told by i the imf that even countries that are not in recession, it would feel like a recession for hundreds of millions of people on the big worry here is the knock on impact on the developing world because wh