get gas, like, everything s just more expensive. neil: americans speaking out and freaking out over prices still rising as their 401(k)s keep plummeting and now a new report warning that inflation may be staying and may be much longer than expected. a new fox poll that shows more voters are blaming the guy in the white house. before you run for cover, just know we ve got you covered with lucas tomlinson at the white house as president biden says it s not inevitable we ll have a recession. susan li on the markets indicating we already might be in one. first to susan li, taking stock of stocks just, well, taking a hit and a big hit at that. horrible week. yeah. well, you saw it, neil, the worst week for the stork market in two years stock market and that s after a historic rate hike by the federal reserve, the single sharpest move in 28 years by the central bank, and they re trying to move quickly. as a result, money fast in the markets, the dow jones falling below 30,000
time. carley say, pack a snack and read it. it is worth doing. the market is reacting to the largest federal rate hike in decades. three major indexes taking a beating. the dow closing below 30,000. bill: it signals a bear market taking hold. they shed all their gains since the president took office. dana: adding insult to injury mortgage rates are soaring to their highest level in 13 years. inflation is at a 40-year high forcing nearly 60% of americans to dip into their savings or go into debt. bill: all this putting the white house in crisis mode. good morning. the president has grown increasingly frustrated with his polling and with his media coverage. he sat down with the associated press for the first time, by the way, since taking office with that publication to push back on all this blame saying the economy that he inherited and the pandemic that left psychological scars on the american people have gotten people down. fox news poll this week showed that his ove
blackburn, plus brian kilmeade and more in a jam-packed hour. john: busy friday afternoon. begin with president biden s plunging poll numbers, americans take stock how he is handling or not handling inflation. john roberts in washington, good to be with you as we head into the weekend. sandra: i m sandra smith in new york, and this is america reports. president receiving the highest unfavorable rating to date in the latest fox news polling. 57% of american voters say they have a negative view of the president. the new numbers come as the national average for a price of a gallon of gasoline surges past $5, making record after record in recent weeks. john: it hurts just to put the pump in the car these days. president biden pushing forward with his green agenda, amid political pressure to lower gasoline prices. holding a virtual meeting with some largest economies to discuss climate change. sandra: peter doocy is live from the north lawn, kicks things off for us, hello,
print and spend trillions of dollars, go woke, start implementing environmental social governance, open the borders to millions of illegal immigrants, prioritize criminals over victims and go green before green works? perhaps economic catastrophe? we just recorded the highest inflation reading in 40 years, 40 years. we did it, we did it, joe. jason: yeah, you did it. congratulations. don t believe your eyes or your pocketbook, joe has got this. millions of americans are moving up to better jobs and better pay. since i took office, families are carrying less debt on average in america. they have more savings and they ve had to. because of the progress, america can tackle inflation from a position of strength. jason: position of strength? americans see right through this. consumer sentiment plunged again this week dropping 14% in may to a historic new low. of course the whole inflation thing, that s not biden s fault. today s inflation report confirmed what americans
trillions of dollars? go woke start implementing environmental, social governance esg opened the borders to millions of illegal immigrants, prioritize criminals over victimson and go green before green works. perhaps economic catalyst or c fauci. weat just recorded the highest r inflation readingec in forty years 40 years. we did it down. i yeah yeah you did it. congratulations you two don t believe your eyes or your pocketbook. joe s gotn y this .hi millions of americans are o moving up to better jobs and better pay sincece i took office. families are carrying less debt on average in america. they have more savings than they ve had because of the progress america can tackle inflation from a position off strength, a position of o strength that we re in right now. americans p seef right through consumer sentiment plunged again this week, pp dropping fourteen percent . may to a historic new low but of course the whole inflation thing that s not biden s fault. today s