jobs report, signs that inflation is peaking, we learned that last week, i just showed you that chart. these legislative wins, this is something right here that american seniors will start feeling right away with limits on how much they can pay out-of-pocket for insulin, limits on how much they can pay in a year out-of-pocket. the biden administration still considering what to do with student loans. the student loan payment moratorium ends, i think, august 31st so there is a decision that will have to come on student loans soon. a lot happening on the biden agenda here. with gas prices coming down a reprieve for the white house. it will be interesting to see if the less lousy trend less lousy. lousy but less lousy. christine romans, thank you so much. as teacher shortages are continuing across america, one iowa school district is offering a $50,000 incentive to teachers, nurses and administrators to stay on and not to retire. let s bring in cnn correspondent alison kosik on t
government during covid and particularly in the last year. the savings rate rose a little bit but it fell last month to the lowest level in more than a decade. today inflation was down just a tick but for the wrong reasons because economy is slowing down, as well. that s not a good reason for the economy to be losing a little but inflation. dagen: andrea click, the biden white house has done nothing to help the federal reserve s site inflation. in fact, extended the handout on the student loan payment moratorium to august and they extended this handout, this stimulus check, when inflation was running 8.5% and when unemployment was already down to 3.6%. they are part of the problem. there s a little bit of good news. it s more than a little bit. the supreme court decision to cut back on the regulatory power of the administration and energy, energy is so much at the
you have londoño. so the official inflation by definition is the fraction of the actual inflation rate that you experience. but the official one is at o eight point six percent for the twelve ending in may of 2020 two economists now saying it s going to go higher. some are predicting inflation will exceed nine percent very soon. at the same time s the stockke market and the bond markets are tanking simultaneously that rarely happens.ay interest rates up, way up. d what doo we do about all this ? how do you make it better? brian randall is a senioroi fellow at the manhattan institute. on he joins. us today. thanks so much for coming on . how would you rather and justld blaming putin, what would you do to to make this better? i can give you nine things we w can do on inflation right now cut government spending, encourage oil and gas explorationte and the student loan payment moratorium, repeal tariffs, repeal by americaby prevailing provisions repeal
threat to that recovery and there s a caution that we are not quite out of the woods yet. my message today is not one of celebration, it is one to remind us that we have a lot of hard work left to be done. what is indisputable now is this, the biden plan is working, the biden plan is producing results, and the biden plan is moving the country for. the white house is also taking steps to help millions of people with students. the administration announced an extension to the student loan payment moratorium. until january 31st of next year. we re also a former executive of the assistant who accused him of groping her has now filed a criminal complaint with the a county sheriff s office. that county says that it will address the complaint and albany tomorrow. that allegation is one of 11 accounts intern including the attorney general letitia james report that accuses the governor of multiple instances of sexual harassment. cuomo denies all allegations.
make the delta outbreak more severe. there is encouraging news about the economy. added 943,000 net new jobs last month, unemployment rate dropped to 5.4%. economists are watching to see if the current outbreak poses a threat to the recovery and president cautions we re not out of the woods yet. message today is not of celebration. we have a lot of hard work left to be done. what is indisputable now is this, the biden plan is working, the biden plan produces results and is moving the country forward. white house is also taking steps to help millions of people with student loans. administration announced extension of the federal student loan payment moratorium until january 31st of next year. and latest developments with new york s governor andrew