we are in a recession. the economy has been tracking all year real wages are at record lows and at the same time inflation is the highest it s been in a lifetime of most americans. so call it whatever you want, but it is a recession and it is scary. and they are ignoring it. we are gonna spend the next hour and festa getting how exactly this have happened and how to they tank the economy so fast and what is it mean? get to the answers we can speak to people who had actual credibility on economics that does not include our most highly credentialed economists. people who like the public health experts we watch the last 20 half years have thoroughly plowed and discredited themselves. a year ago right about the time he told us that vaccines will absolutely prevent you from getting or transmitting covid joe biden was asked hey what happens if we go into a recession? in response as he does joe biden invoked highly credentialed experts watch this. president biden: you know as econ
awhile. great to have you. stocks have been rejoicing. more on that in a second. now on something that is happening that would make you wonder why are they rejoicing? edward lawrence with more. we end a week with more bad economic data for this administration. now, the fed s favorite inflation indicator, if you see inflation, is now at the highest level since january of 1982. in fact, the hit song at that time was let s get physical by olivia newton john. pc inflation year over year after 6.86. core, which is without food and energy costs 4.8% year over year. when you look at this month compared to last month, the increase at 1%. that s the highest increase since march of 1980. now it s a lot of numbers but you get the idea here. republicans will remind you that all of this is because of president biden s policies. they re doubling and tripling down on failure at a time when we may be in recession, at a time when the american people are hurting in so many different ways
we re going to tell you what they learned from the department of homeland security top watchdog. want to welcome the viewers in the united states and around the world. i m wolf blitzer. you re in the situation room. we re live here in jetta, saudi arabia, overlooking the red sea covering talks between president biden and saudi leaders. president biden revealing a short time ago he did confront the saudi crown prince about the murder of jamal khashoggi. senior white house correspondent phil mattingly is here with us in jeddah. no question. look. president biden landed here in jeddah with a series of objectives but white house officials were aware. eyes would be on the first meeting between the president and the crown prince and didn t have to wait to find out what it would look like. reporter: with a fist bump, a pariah no more. a recalibration defined. president biden s highly anticipated and sharply criticized first interaction with saudi crown prince salman. i sai
i m charles payne in for neil cavuto. this is your world to peter doocy on how the white house is dealing with this. peter? communist china still wants taiwan to be part of communist china. that means speaker pelosi s words on the ground have upset them. in terms of governance, we command taiwan for being one of the freest societies in the world. well, the chinese official is writing the u.s. must pay the price for its own mistake and we mean what we say. that has g-7 leaders now saying we re concerned by recent and announced threatening actions by the prc, particularly live fire exercises and economic coercion, which risks unnecessary escalation. even though speaker pelosi s time is done in taiwan and republican leaders have said she was smart to go, the white house won t say what they think of the trip one way or the other. you think it was good that she went? here s the thing. what we re saying is that we cannot dictate and we will not dictate where members of
Mike good evening, Welcome To Washington im mike emanuel in for bret baier. Breaking tonight a pivotal. Eagle pass texas is under a State Of Emergency tonight. The democratic mayor of eagle pass made the declaration as thousands of Illegal Immigrants are crossing into the country in virtually nonstop fashion. We have fox team coverage. Peter doocy at the white house shows us what the president s Press Secretary did when he asked about the crisis. We begin with correspondent bill melugin who has the latest from eagle pass. Hello, bill. Bill mike, illegal crossings here at the Southern Border are back at record high levels. Border patrol agents tell us their morale has never been lower and after two and a half years already, it appears this Border Crisis is show nothing signs of stopping. Illegal crossings into eagle pass, texas surged once again today with fox news cameras catching a nonstop flow of migrants beginning at sunrise and continuing almost nonstop all day long. Neither texas