many of whom might be struggling in this economy, some of whom i spoke to in kentucky, that they have the answers to turn the economy around? that is their chael eng and i think it comes back to where we started this year. this is the reason why the white house usually has such a tough time in these midterm elections after an incoming president is because it is much easier to be the other side to make that insurgent argument, that kind of challenge or pitch rather than to say the current state does point back to democrats. we have seen voter confidence level in the party basically trimmed with gas prices, trimmed with the other economic pinches that are looming on voters pocketbooks and wallets. the white house is trying to say those are things outside of their control. that might be true. the issue is that when voters have a chance to express their frustration that is only going to point at the party in power. as you said from the congressional actions to the white house that is al
percent, whilst the figure for average earnings is just below 5.5%. joining me now is dan kemp global chief investment officer at morningstar investment management. this investment management. will be a real concern foi many this will be a real concern for many pensioners, this trust when asked about the triple lot can my colleague asked her she said she was committed to that? you are correct, it will be of great concern to pensioners, content pinches in a difficult situation because their wages aren t going to rise because they are not working anymore they don t have that ability to increase savings or new savings after this time, a difficult time for pensioners and for all consumers at the moment, we know that with the cost of living continuing to rise, and seeing inflation numbers out
In an unmissable vocal explosion, New Brighton-born national Afropop star Vusi Nova will headline Night of Voices at the Mandela Bay Theatre Complex at the weekend.
welcome back. with americans piling into cars to see family for the holidays president biden made a move today to tackle rising gas prices. the white house announced 50 million barrels of oil from the strategic pa petroleum reserve available at lower price to smooth a mismatch in supply and demand. the decision was made in concert with other countries including india, japan and south korea in response to oil rich nations rejecting calls to increase production as the global economy recovers from the covid pandemic. president biden is scheduled to give remarks on the economy this afternoon from the white house as the rise in gas prices and inflation across the board have weighed down his efforts to sell this two-track domestic agenda to congress and the american people. while the white house would rather talk about remedies for america s long-term economic health they re grappling with short-term economic pinches too. joining me from the white house my nbc news colleague mike memoli. mik