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Transcripts For FOXNEWS FOX and Friends 20240707

president biden continues to blame russia inflation continues to sore near a 40 year high. this is no laughing matter. every i do life is less affordable under joe biden. multi million dollars mansion burning to the ground as a fast moving wildfire rangetion the coast line. not looking good. every other house is on fire. he scores! it s a power play goal and the rangers lead. working for a living working working for a living living and working i m taking what they re giving because i m working for a living. brian: rays were 25 minutes away from starting vacation. they went game 6 tomorrow night. looking at frederick maryland everyone there is alive for the most part. steve: for the most part. brian: brian get a lot of history there. local breweries and a lot of wineries. a lot of drinking to be done there and a lot of partying with a wonderful landscape. steve: 1 minute after 6:00 a.m. and already talking about quitting time. ainsley: tomorrow

Transcripts for FOXNEWS FOX and Friends 20240604 10:36:00

debilitating, additionally you look at how much of our food production is now owned by foreign entities. one of our largest hog producers in the united states and processors is owned by the chinese. this is all in biden s lap and he can t pass it off to anyone else. steve: you know what, ed? joe biden is like a lot of people in washington, d.c. is he a career politician who never ran anything. he never had to make a paycheck. you know, pay people for doing a job and so now he is relying on his advisers who are pushing their agenda despite the fact that the inflation is so high. they would rather talk about abortion than inflation right now. well, it s all about deflection at this point. i do a lot of work with small business people since i left mcdonald s. i can tell you these small business people whether it s a hair salon, a car wash or small restaurants independently owned are in a crisis situation. they can t meet payrolls.

Transcripts for FOXNEWS FOX and Friends 20240604 11:07:00

administration inflation was. steve: may he was blaming everything on donald trump. there are the numbers right there. ainsley: look at that. steve: we re going to play a soundbite from ed renzi who used to run mcdonald s in a moment or two. he said the president owns this. when the numbers are that bleak that is why the administration is using things like ultra maga king and they want to talk about abortion to motivate their base. they don t want to talk about inflation. do you know what else? every time you go and you buy gas. i have seen these things about a dozen times. the little stickers that show joe biden pointing up at the number that say i did that. well, you know what? there is one gas station owner in wisconsin, her name is pat coy pam coy. for the longest time they would go out with a razor blade and scrape those off. but after the price went up and up and up, you know what they

Transcripts for FOXNEWS FOX and Friends 20240604 11:03:00

the white house this morning with the numbers and they are not good. pete: the arc of inflation easy to trace. begins with the president swearing. in january 2021. inflation was at 1.4%. then he signs the $1.9 trillion covid relief 2.6%. then he signs the infrastructure package up to 6.8%. then the ukraine invasion happens it s up to 7.9%. last month, rather a month and a half ago march 2022 it gets up to 8.5%. right now holding high. but a little bit lower at 8.3%. that means the sufficient to is costing on average 8.3% more now than it did this time last year. it s led by increases in energy up 30%. fuel oil up 80%. food at home up 10.8%. and used cars up 22.7. and it s about to cost a lot more to ship anything. the cost of diesel today $5.55

Transcripts for FOXNEWS FOX and Friends 20240604 11:04:00

per gallon a week ago it was 5.47. a month ago it was 5.02. and then a year ago it was all the way down at 3.13. so the white house is looking for somebody to blame. my republican colleagues say these programs help the working class and middle class people they say that s why we have inflation. they are dead wrong. under my predecessor, the great maga king, the deficit increased every single year he was president. pete: what we have there is a new talking point about inflation from the head of the federal government just a few hours after we found out how bad inflation is from the federal government. back to you. steve: peter, i have got a question for you. we refer to the president as the great maga king. last week it was ultra maga extremist and stuff like that. before that putin price hike. these are their little slogans,

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