is going to be a real rising star in the party. and monica, some of these big progressives in missouri got clobbered. he saw thoseho resultses on the democratsul, some bernies sanders characters where they re not going anywhere. people kind of had it now with the progressive left given what s happened in our cities, what we re documenting here inn minneapolis. yeah, dti i think a lot of the american people have seen the truth about these socialistse s who in many cases declare themselves to be open socialist. and i think a lot ofop the american people have now taken full measure of what t they actually stand for and what they re delivering for their communities and for their states, which is just absolute catastrophe in everysts direction, whether it s economic privation, whether it s citizensec labs, whether it s skyrocketing inflation, whether it s a wideflat open bor and the embrace of all of the problems that come with a wide open border. f i thinkk a lot of folks understand that t
listen to this. we are spending 1.9 trillion you may end up heeding the economy and causing inflation server. i hope we don t i don t think we will. again we spread it out we did not do it all at one time. most experts now believe, et cetera, that spending, that bill did spark the skyrocketing inflation but why should they believe you now would you say this new bill will not exacerbate inflation? i m going to make sure i don t make that mistake again. with that, i tried. i was anticipating we could help and do more. and everything you have said here is correct and i am not countering that whatsoever. that is why i was extra cautious right now. for the eight months i have endured being against build back better at all the different things my democratic colleagues wanted to do with that were wrong, definitely could not do anymore and stopped all that from happening. this is a piece of legislation
not buying what he is selling, brooke singman, good morning. senator joe manchin asking americans to trust him with $759 billion bill will not lead to more inflation, even though that s exactly what happened with the american rescue plan passed last year. listen to this. use of the american rescue plan, the covid relief bill would not cause inflation. most believe, senator, that spinning, that bill did spark the skyrocketing inflation. why should americans believe you now? i want to make sure to not make that mistake again, bottom line. carley: jumper also is slimming and said this is democrats trying to pass wish list item before the midterms and november, watch. what joe manchin and the democrats are proposing are the two cardinal sins that you don t want to do when the economy is in such a dire situation.
you may end up heeding the economy and causing inflation server. i hope we don t i don t think we will. again we spread it out we did not do it all at one time. most experts now believe, et cetera, that spending, that bill did spark the skyrocketing inflation but why should they believe you now would you say this new bill will not exacerbate inflation? i m going to make sure i don t make that mistake again. with that, i tried. i was anticipating we could help and do more. and everything you have said here is correct and i am not countering that whatsoever. that is why i was extra cautious right now. for the eight months i have endured being against build back better at all the different things my democratic colleagues wanted to do with that were wrong, definitely could not do anymore and stopped all that from happening. this is a piece of legislation that is an investment. we take $3.5 trillion in
fed operates, the sooner we can get out of this. but it s going to be painful 12 to 15 months, and i want to make this point. the economic slump in the first half of the year is a function of skyrocketing inflation. real wages falling, real retail sales falling, manufacturing falling, consumer confidence, saw yesterday the conference board, consumer confidence crashed again. it s down about 30% from a year ago with inflation forecast of 7.6% for the next 12 months, i happen to agree with that very much. here, they the fed tightening will impact the economy in the next 12 months. what we saw the contraction in the first half the year was because of the inflation problem. sandra: you believe we are in recession today? i do. sandra: the r word, it s controversial now. it s a silly argument, politics from the biden administration, every economist