Edward lawrence in washington, Hillary Vaughn and hershey pennsylvania and gerri willis. We will start with edward and the latest from the president. Right now the president is on his way to a high dollar fundraiser in southern florida, the ceo is holding a fundraiser at his house, the president making a lot of news today the president will not go to New Hampshire tomorrow, his rally has been postponed because of hurricane or Tropical Storm fay there concerned with the wind in the president on air force one also talking about china, he says he is very concerned, the damage in the relationship has been severely damaged according to the president between the u. S. And china because of their actions that led to the spread of the coronavirus. He believes that the president has too many other things on his mind to worry about even talking about a phase two trade deal with china, he is moved on from that in the president did address the economy. We will have a great third quarter, thirdquarter will be tremendous numbers in your next year economically will be one of the best years weve ever had. Connell the president taking shots and former Vice President joe biden on a june 4 speech, the president said that he urged people to buy american and higher american yesterday and unveiling his plan, biden did the same leading to this response. He plagiarized from me, but he can never pull it off, he likes plagiarizing, it is a plan that is very radical left but he said the right things because these copying what ive done it cant be the same because these raising taxes way too much, hes raising everybody taxes and putting tremendous amount of regulation back on. The president will be at the white house later tonight, quickly white house Economic Advisor larry kudlow told me within the last hour of the direct stimulus checks in the next round of the cares for will be less than 1200 is what the administration is pushing and also more targeted to the lower income and those without jobs. Back to you. Jackie Edward Lawrence in washington. Thank you. Now were going to Hillary Vaughn in hershey pennsylvania speaking to Small Business owners about who they want to see the white house this november. Joe biden is pitching himself as the man who will be looking out for main street and says President Trump is only watching out for wall street. But we talk to Small Business owners in hershey, pennsylvania about bidens visit and Vice President pence is visit here yesterday and they had a different take on this contrast between main street and wall street. Trump is not going to cure everybody and neither is biden. It is a natural situation, a pandemic, a virus and you cannot politicize a virus. We are trying to do the best we can to be focused on business and to be focused on wall street, i think its a great thing. The pandemic has become embedded in president ial politics but some momandpop shops we talked to today said his local leadership the hudson biggest impact on their business. I take it from the governor level down, my concern truly has been with how Governor Wolf has handled things. I think there were guidelines that had they looked at closer, we couldve avoided the delay in getting us open. Joe biden spent his childhood here in pennsylvania and he is fighting hard for his home state support but so is President Trump, both campaign dropped local tv ads yesterday, biden pitching himself as a job creator but trump pitching biden is actually a job loser for the area for his support of nasdaq. Jackie thank you so much, connell . Connell steve forbes joins us now, happy to be out of the northeast rain for Hillary Vaughn in pennsylvania today but she did a good job in setting up what joe biden economically wants to make the race about an main street versus wall street, when they spoke yesterday and talked about ending the era of shareholder capitalism, maybe that scared us and folks, what did you think of that . The real contrast is the obama years where you had the worst recovery from the shock downturn in American History because of higher taxes and more regulation, what a great boom we had before the kobe crisis and we set unemployment with record lows including minority communities and wages were rising especially for lowincome workers. So joe biden what hes proposing is what doctors used to do 200 years ago when a patient got sick, they would believe him, this would take a recovering economy and put them back in intensive care unit, higher taxes, more regulation, it does not work and it does not work overseas. Its a loser formula, you may use trumps rhetoric by golly he is using the snake oil that is not worked in history, not here or anywhere else. Connell let me pick up on the last point, you may use the president s rhetoric, you heard Edward Lawrence report, the president s response to that today but making america the tax president , its obvious that he is trying to target voters and we talked about this a little yesterday in these trying to talk to voters who voted obama and turn around and vote trump, but your point he is not doing it with substance, he is doing and from the way he praises things or name things. I think voters are beyond slogans and stuff like that, they want to know what is the substance and for people want vegetarian, wheres the beef, you find out that his version of it is sending the economy backwards to destroy Capital Creation which is essential for moving this economy forward or job creation, making people more expensive, and again, this stuff has not worked before, i just dont understand, maybe it is our schools or something, i dont understand why they dont get, and economy which is people work, remove barriers and people do great things, put barriers in the way and get less get things done. Connell let me ask you this, if all is true, theres an interesting phenomenon, every poll that we have, all the Prediction Market that we look at, whatever data point you wanted point to says that joe biden is more likely to be president in january of 2021 then donald trump, he is leading right now but the market has been going on, the nasdaq three records in a row, thats overreporting on the top of the show and if investors are so scared of biden, they are not really showing are they . I think you have to take all of this pulling with a huge grain of salt, this country has been through two massive crisis this year end i think people are turning inward, the pulling itself is often skewed in the terms of republicans that they have in there. I dont think people made their mind up in terms of convictions and in terms of some of the investors when they talk about it biden gets in it does these bad things, the Federal Reserve will. More money and all will be well, they need a wakeup call. In terms of the market, i would be a bit cautious because of biden gets in the Federal Reserve can do all at once but those higher taxes and higher regulation will mean stagnation, we saw that in the 1970s before you were born and we saw in the last ten years when we had the miserable recovery, again snake oil does not work, where is the fda, we data economic version to keep the bad medicines off the market. Connell i only caught the tail end of the 70s, it is funny how all of this works, the other thing ive talked to wall Street Investors about this as well and you said they need a wakeup call, one thing that ive heard you wont actually go through with this if biden is president , he wont raise taxes if the economy has not recovered, you are saying be careful, he might actually do it. Joe biden has never been the moderate hes been portrayed, hes always been the man to the left and ease very happily being pushed left now, when you have elizabeth warren, Bernie Sanders devout socialism people advising you putting your policies together, bad things will happen and they say they may not all get it through congress, they dont have to they can do a lot of it with the stroke of a pen, we saw the under of Biden Administration and the Trump Administration is undoing the damage but they can do a lot of harm without the concurrence of congress, lets hope that joe will stand in the way of the radicals, he is going right in their direction and quite comfortable doing it. Connell good to see you as always. Steve forbes with us. Jackie we will try to stay dry. The u. S. Reporting another recordbreaking day with more than 60000 new coronavirus cases, fox news jonathan is in atlanta with the latest. Covid19 continues to search across the sunbelt with 11433 new cases, florida reported it second highest oneday increase among 93 newly confirmed deaths and 11yearold Broward County girl, we are told that she had numerous underlying conditions, citing an uptick in new cases in Michigan Governor Gretchen Whitmer signed an executive order with businesses to refuse entry to people who will not wear Face Covering, it also imposes a 500 fine for people who feel to wear facemasks in indoor public spaces as well as crowded outdoor settings, the order take effect on monday, ahead of the tuesday primary alabamas top election official is warning counties that they cannot require voters to wear a Face Covering at the polls because the state constitution forbid restrictions on eligible voters, in a letter to county Elections Officials alabama secretary of state john merrill writes it can be strongly recommended that the individual wear a mask, it cannot be required. At the urging of a group of international scientists, the World Health Organization has updated its guidance on how covid19 spreads to include the possibility of the virus which may remain infectious in the air for long period of time and poorly ventilated indoor spaces. The double ho since further research is needed on that and the w. H. O. Now acknowledges infected individuals can spread the virus even if they are not showing any symptoms. Finally, South CarolinaGovernor Henry Mcmaster has issued an order requiring restaurants and bars starting saturday to stop serving alcohol after 11 00 p. M. , the idea this will discourage young people from latenight gathering, they are concerned that asymptomatic young people are for the spreading of the virus. Jackie thank you so much. Connell in the midst of all this, we do have a sign of optimism in the fight against the pandemic, gilly insane the experimental virus is experiencing risk and people have severe covid19. We will talk to a doctor about that, what the breakthrough could mean in a fight for a cure, unlikely boost to business how farmers are going against the grain while profiting amidst the pandemic. And then bracing for a boycott, Major Food Company facing backlash after ceo praised President Trump, the details on that story later in the hour. I should get a quote. Do it. Only pay for what you need. Liberty. Liberty. Liberty. Liberty. Me too. Me too. And if youre a Small Business, were with you. Standing by you every step of the way. Bye bye. I geh. Common bird. E. Ooh look over here something much better. There it is. Peacock, included with xfinity x1. Remarkable. Fascinating. Very. It streams tons of your favorite shows and movies, plus the latest in sports news and. Huh run the newest streaming app has landed on xfinity x1. Now thats. Simple. Easy. Awesome. Xfinity x1 just got even better with peacock premium included at no additional cost. No strings attached. Just say peacock into your voice remote to start watching today. Jackie and breakthrough in the race for treatment, new data from gilead shows antiviral drug remdesivirs reduces the risk of death in severely ill covid19 patients, here now is family emergency medicine physician and fox news medical contributor doctor jenness, always great to see you on the program, i want to talk about this treatment coming out from gilead because not only does the stock move but wall street gets very excited anytime there is news of a possible treatment in the pipeline and that of a vaccine as well. It means that we can get back to business and life can get back to normal, the question is gileads drug, how quickly a patient that is severely ill start to receive the therapy. Thats a great question because there is a shortage of the drug globally but fortunately our president actually secured 100 of remdesivir for the month of july in 90 of the supply for august and september, this drug is used for those who are hospitalized, those who are ill either on ventilators can you hear me okay . Those were on ventilators require oxygen, what the drug remdesivir does, used to help stop and block the virus from locating, stopping them from invading our bodies so we dont become ill and hospitalized in the latest data suggest that 74 of patients who received the medication and iv form had recovery by day 14 versus 59 who did not receive the drug, they did not recover by day 14, they just received the standard of care, it was shown to have a reduction in mortality but further studies are required, we need more test to determine is this truly beneficial versus what we call placebo effect, it is also being used with other drugs, decadron which is an antiinflammatory and Rheumatoid Arthritis information as well. There is good outcome so far from the limited data that we have and also it is not the only drug that is being tested and investigated prewe have the steroid, we also have the convalescent plasma and also antibodies which are being investigated. Ultimo drugs being tested instantly encouraging news moving into the weekend. I went and brought another conversation a little bit and looking stats from the cdc, the first one i want to pull out shows the rate of covid19 as we know, it is going pretty much straight up there with respect to the spiking cases that we have seen in the administration will argue while we are testing more, that is whites going up, others would argue that we are seeing more transmission of this across the country but the mortality rate while everybody talks about how its being decreased, i want to show you the figures from the cdc in week 266. 9 in week 27 it has come down to 5. 5 , that is the 11th straight week that the mortality rate has come down, when you look at the virus with respect to how it spreading across the country the administration has said every life lost is valuable in the goal is to get that to come down even further so we can manage this and we dont destroy yourselves in the process with Everything Else that is happening with the economy. Your thoughts on how quickly we can do that with the drugs that we are watching. You are absolutely right, were having a percentage on the country but its only in certain states, california, arizona, texas and youre absolutely right, the effects of keeping economy shutdown can be detrimental for patients and people in this country than the lockdown itself because we have to remember 600,000 people die every year from Heart Disease and cancers and not getting their vaccinations are not getting their preventative followups with their doctors, it is very important that we take a closer look at the mortality rate in figure what that tells us, less than 1 , but we still need to make sure that we dont continue to have the surges in outbreaks because even though its only in a few states right now, it is putting a huge burden on the hospitals and icus, some of these states are reaching icy Hospital Capacity and stretching the doctors and nurses thin, having these medications sooner than later are detrimental, they are all still under study, under investigation, we cannot rush them by having multiple tools, the remdesivir, plasma, certain autoimmune drugs are being investigated, in addition to the vaccine which hopefully we may have by the end of this year end by the end of this year than early next year. Nova vax received 1. 6 billion by our government to produce 100 million doses of vaccine hopefully by the end of this year, all of this together, hopefully will eradicate or control the spread of the virus. We cannot just look at the mortality rate, the mortality rate should not be calculated in the midst of the pandemic rather than afterwards but in the meantime we need to focus on preventative measures of covering your face, handwashing, physical distancing, cleaning and disinfecting and that sort of thing. Jackie thank you so much, we really appreciate it. Connell the other thing were watching is the rather, this is a Tropical Storm, it is soaking millions of people along the east coast, apparently it could get worse, we will have latest on the storm in the hour. Walt disney world is begetting the phase three opening tomorrow, even with the surgery seen in florida, it will look a little bit different and we are live on the scene next. Led to be your motivational coach . 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