policies on capitol hill this week. telling lawmakers the $1.9 trillion american rescue plan contributed only modestly to higher prices even as she acknowledged inflation levels are unacceptably high. 8% inflation is an unacceptable inflation rate in the united states and it is president biden s number one objected to get that out. paul: let s bring in cabot former chairman of the council of economic advisers at the white house and distinguished visiting fellow at the hoover institution. welcome kevin. so peak inflation. everyone has said it has picked it has picked looks like it is peaking or that peaking keeps going to higher peaks. what is everybody missing in the markets? everybody really isn t everybody. if you look at google searches for inflation then my friend joe sullivan did a really interesting piece where he correlated google search for inflation with the inflation rate. right now americans are searching at the rate they would do if inflation were 9% which is
what is your reaction to the special counsel appointment last week. president biden: i have no comment on any investigations going on. that s up to the justice department. rachel: you can see the smile faded. the standalone summit at camp david, the trilateral agreement was made to fight coercion and threats in the south china sea clearly pointing to north korea and china. are we winning the competition with china? president biden: we are winning all the competitions. rachel: politico is reporting president biden will sign a strategic partnership agreement with vietnam next month. this partnership boosting vietnam s technology sector. the week has ended with heavy work on the international front but according to the latest fox news paul the majority of
they have so much more influence. they are not afraid to do these dangerous tactics, and to scare law enforcement. douglas: the illegal immigration issue has been a massive issue for several elections but the latest fox news paul, since the last election, we ve seen this come to major cities and democrat cities in particular who used to get away with it. all these places said we are a sanctuary city, welcome all migrants, no one is illegal here. those cities are actually now experiencing what people in texas and arizona have been experiencing for years, new yorkers and others ignoring the border, getting a taste of what it is like.
griff: in the latest fox news paul this was an important issue to voters, immigration and the border because with their own eyes as we show on fox news for the last two years, absolutely open out of control border. a cartel that is thriving because of the policies of this administration. last night on friday night the administration put out the latest july numbers, 183,503. it is up 27% from june, but we had month after month after month where you have these migrants coming, caught and released. that s why they keep coming. it s great the rest of the world sees america as the beacon of freedom and land of opportunity. we are not doing it in a legal
republicans. there certainly that nancy pelosi s own pics on the committee. having a guy like adam schiff who is the public face of the trump russia collusion hoax the conservative viewer that looks up on the stage. there s been some of its own behavior breaking a lot of long-standing tradition where the goals of this is to use this to try to reset the narrative and change the topic as they go into the midterms. that just sounds like a political activity. and for those americans who are somewhat skeptical of this given up the makeup of the committee is for the reason for them to tune it out. paul: jason i went actually on donald trump he has responded furiously on his true social