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Transcripts For FOXNEWS The Story With Martha MacCallum 20240707

biden, gene sperling will join us. neil cavuto will also be joining us here. first, the story from hillary clinton live at the white house. hi, hillary. hi, martha. when it comes to the state of the economy, president biden does not think things are that bad. he also does not think that any world leaders believe that america is going down the wrong track. they do not think that. you haven t found one person, one world leader to say america is going backwards. i can understand why the american feel are frustrated because of inflation. inflation is high in almost every other country. a recent poll suggests a lot of americans are not happy. a poll says 69% of people disapprove with how president biden is handling the nation s financials. the u.s. inflation rate is not lower but higher than some major economies in the world including italy, canada, germany, france, japan, saudi arabia and china. republicans say the reason for high prices is not a mystery. we know why we

Transcripts for FOXNEWS The Story With Martha MacCallum 20240604 19:00:00

itself from predators like hermit crabs do with their shells. despite this guy s fuzzy appearance, the hair is more like felt or velvet. we ll have to leave you on that note. you can tweet at us and tell us what you think of that guy. i m rich edson. the story starts right now. martha: thanks, gillian and rich. good afternoon. i m martha maccallum. we are about to speak with the white house team just moments from now. it comes one day after the president tells americans that they can expect to pay high gasses for as long as it takes for ukraine to win. that as the markets hit a grim milestone not seen in over 50 years. it s a decent day today as we head into the weekend and the final hours here. as we head to the biggest american holiday of the year with 80% of americans feeling gloomy about the economy. senior adviser to president

Transcripts for FOXNEWS The Story With Martha MacCallum 20240604 19:12:00

down at least on the ten-year side not to get too wonky about it. the fact that right now there s the effect of trigger the federal reserve to keep hiking rates to slow things down and eventually slow the economy down. we re seeing the first signs of that. the mortgage activity has slowed and that s what s driving it. martha: consumer prices under pressure as well. thanks, neil. it s always a pleasure to have you with us. good to see you. happy fourth to you. neil: you too. martha: as he alluded to with gene sperling, it s a travel nightmare out there these days with millions of americans heading to the airport for the fourth of july. nearly 350 flights were cancelled today. we hope you re not on one of them. more than 3,000 are delayed as

Transcripts for FOXNEWS The Story With Martha MacCallum 20240604 19:05:00

the question isn t it a worthy cause. that s one question. the other question is are americans going to be asked to sacrifice and pay $5 at the pump, you know, and all of the things that go with that. we have regard inflation right now and we have a stock market that is at levels that we haven t seen since the 1970s. the question is, are we going to be asked to sacrifice. sounds like you re saying yes. that s the trade-off. is that what you re saying? no, in the sense that we want to do everything we can to both bring down prices for americans to make it easier on american pocket books. but we want to find ways to do that that do not give a free pass to putin and the unthinkable aggression and torture and murder that they have committed. martha: understood. let s talk about some of those things.

Transcripts for FOXNEWS The Story With Martha MacCallum 20240604 19:54:00

martha: as we head the fourth of july, americans are not as proud of the united states as they used to be. a new fox poll shows 30% of registered voters say they re proud of the country. a drop of 30 points over the past ten years. what is going on? this survey was done by the transformational supreme court decision that we got last month. you know, people debated on those. we ll talk about that as well. an enormous couple of weeks at the supreme court. we bring in former education secretary bill bennett and a fox news contributor. always good to have you with us, sir. we head into this fourth of july weekend primarily. so we take a look at this poll. democrats, are you proud of the country? democrats, 48% say no. 60% of republicans say no. 64% of independents.

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