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Transcripts for FOXNEWS America Reports 20240604 17:07:00

we look forward to it. i think the record is not a good record. to wrap himself in bidenomics is to play ship battle because there is no commitment to strong growth or recession, which is still quite likely and the second half of this year. they inherited an economy that was growing very rapidly, 6.3%. it is now growing much, much more slowly 2% over the last few quarters. and inflation, we have larger inflation that will take years. so people understand that. sandra: lets deal with facts because we can hear alternate reality for the president and a moment. to your point, doug was my real gdp growth founder of the president 6.3% in 2021 to 2% in 2023, okay. we are talking real wages in real wage growth. it is getting cobbled up by inflation with this president. it is down 3% the wages pier the president was deepening. listen, standby with us. president biden: you know,

Transcripts for FOXNEWS America Reports 20240604 17:06:00

straight months, gdp outperformed the labor markets. wages are doing better than inflation. we are gaining purchases of power. we are at an inflection point and not a time to spike the football. i m glad he s telling his story, we have $500 billion coming in for manufacturing and infrastructure. sandra: let s be clear, he is spiking the football. his use of by denial ma bidenoms economic success and economic policies. jerry baker from the wall street journal writes this, how to think about bidenomics, the legacy of bidenomics is clear of searching public debt, degradation of the nation s energy capacity. bidenomics should be judged not on inflation and unemployment rate in a year s time but economies potential in a decade. what exactly is that? i like jerry, but his facts are wrong. sandra: we will take that on with douglas.

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