morning, too. so big picture. walk us through the latest data and the warnings. let s start with that since you brought it up. existing home sales down 24% in september year over year. that means home sales are dramatically slowing down because interest rates are so much higher doubling in the course of a he year because the fed is hiking interest rates to slow the out of control inflation picture. you know that old adage when certain bank talks, people talk and people listen, that s what s happening right now. goldman sachs ceo is talking about the possibility that the next year is going to be a volatile period heading into 2023 when goldman sachs talks, people listen. for the average family, there is less concern about whether we re in a recession right now but how do we get through it? reporter: from main street usa to wall street, americans are still staring down red hot inflation that shows no signs of cooling off.
up, take a look at the polling on the condition of the economy, 18% say it s excellent or good right now, 82% say it is fair or poor, again those numbers have steadily declined since january of 2022. for republicans i suppose that s an opportunity. absolutely, texas 34 the special election last week mayra flores was major focused on a message involving border security and the cost of living the rising cost in the grocery stores, gas prices, the democrat was running ads on spanish television about january 6, clearly these democrats are totally out of touch with main street usa what people are most concerned about today they are concerned about inflation and the economy there concerned about crime in their neighborhoods in this country, there concerned about the border
pronounces it kiss-simi. and the reporter said something is awry here. i know when you walk down main street usa, there s retail on the ground level when you look up there are names of fake businesses and companies and so forth. only now do i know in some of the windows you ll see reedy creek ranch incorporated. bay lake properties incorporated. i-4 incorporation which was apparently a tip of the hat to interstate 4. these are all remembrance, an h homage of what you and i were talking about. right. and there are also names of people up there who are who were instrumental in the early days of disney for being a dentist or do doctor s office, so they do tip to the past. dr. clark, do osceola and orange county want this to take place?