at the border, power outages said to be coming. and of course the russian invasion of ukraine which just added $40 billion to america s tab. we could debate whether any one of these items is truly the fault of the president. but the reality is they are all unfolding on his watch. and here come the midterms. typically the party in the white house sees the loss of two dozen of its congressional seats. this year democrats seem headed for much worse. there just aren t enough ultra maga doug mastrianos that could allow focus next november to be taken off this national funk. a few an moreent tkweurgzs to be sure, but too few to stop the tidal wave in the forecast. americans are really feeling the pinch with inflation at a 40-year high. until recently, there had pwhrpb some consolation for the 58 million americans in the stock market because it was still doing well. but that s no longer the case. this week the s&p and dow had historic down days. friday the s&p 500 briefly fell into
the politics of perception. i m michael smerconish in philadelphia. if it were still the economy stupid, then joe biden s presidency would be in much better shape. something else is at play here. yes, inflation is souring americans, but by many measures, the economy is booming. the economy is clearly grow ing. the gross domestic product is up 5.2% in the third quarter, even faster than previousliest mated. if gdp is rising, the economy is considered to be in solid shape and the nation moving forward. the dow jones rallied this week to a new high for the year. wages had been losing ground to inflation for two years, but since may, wages have return to outpacing inflation. and unemployment is at an historic low. the u.s. unemployment rate has been below 4% for 21 straight months, the longest stretch since the late 1960s. how about gas prices? they have fallen or remain ed steady for ten weeks. you barely reed about that, but if they were headed in the other direction, it would
[ applause ] thank you. Thank you so much. Good morning everybody. Thank you to entire cap team for putting together this ideas conference. Thank you to the staff here at the four seasons for looking after us so well. Im glad we could bring a little bit of l. A. Weather here for at least a couple of days in washington. Enjoy it while it lasts i hear. Thanks to all of you mostly for coming here and being a part of this most urgent and important conversation. For the last few months commentators have been calling this a big moment for the Democratic Party. And they are right. I believe this is an even bigger moment for the American People, a bigger moment for our country. For practically my entire lifetime and maybe yours we have heard politicians at events like this talking about how we are on the cusp of a technological revolution, one that will forever alter the way we work, the way we learn, the way that we communicate, flying cars, solar energy, robots that will make us breakfast. T
[ applause ] thank you. Thank you so much. Good morning everybody. Thank you to entire cap team for putting together this ideas conference. Thank you to the staff here at the four seasons for looking after us so well. Im glad we could bring a little bit of l. A. Weather here for at least a couple of days in washington. Enjoy it while it lasts i hear. Thanks to all of you mostly for coming here and being a part of this most urgent and important conversation. For the last few months commentators have been calling this a big moment for the Democratic Party. And they are right. I believe this is an even bigger moment for the American People, a bigger moment for our country. For practically my entire lifetime and maybe yours we have heard politicians at events like this talking about how we are on the cusp of a technological revolution, one that will forever alter the way we work, the way we learn, the way that we communicate, flying cars, solar energy, robots that will make us breakfast. T
Will work hard to capture such as the important bird and then consider the North Koreans cetane another american now they do nothing questionable but all of this song the heels of the deal proved that it is of bad deal . To president bush number 41 but this is just the kind of thing that maybe you blink and accounts . In day feel empowered to share information together not working together in dont forget whether iran or the taliban right now they share information how the United States is reacting. North korea has better working together on different projects and coming together against the United States so right now our people all over the of world are in easy target for the enemies. Neil do you agree with that . Theyre always vulnerable to attacks. When you get fiat generals for private is a good deal in my book. No question they have a playbook on president obama just like having gauzy how he fumble ukraine, ukraine, libya, syria, the redlines the North Koreans know we are fools so