Transcripts For FOXNEWS Your World With Neil Cavuto 20240710

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Regular gallon of gas. That has drivers fuming. Steve harrigan is at a Gas Station in atlanta with the latest in georgia. Steve . Charles, the pipeline is fully functioning but hasnt made a dent in the problems in georgia and elsewhere, especially the southeast. In georgia, 50 of Gas Stations had no fuel. That was worse in North Carolina. Worse in washington d. C. The White House has come out to say that they expect problems largely to be solved within a matter of days. When you talk to drivers, theres a real mix of anger and confusion. I saw the Gas Pump and i pulled in. You spent a lot of time. Yeah. Its ridiculous. Having our infrastructure completely be unprotected from Cyber Security is ridiculous ander with decades behind most other countries. That woman was looking for gasoline for two days. She saw a Tanker Pull in here and followed it in. Prices average across the nation now 3. 04. That is up more than 10 cents in the past week. Charles, back to you. Charles steve, thanks very much. Sticker shock across the board sending Shock Waves across america. Consumer sentiment is dropping. The main reason, prices are spiking. So should americans start to worry even more . I want the read from scott. Just how concerned are you . Well, i see what Everybody Else sees. The stimulus checks, the amount of money that the government has been throwing at this problem over the pandemic. Could be up to 6 Trillion quickly. Theres another part. Its like the world is a restaurant. You just reopened. Today is your first day to reopen. 6 00 you open your doors. You have 150 seats. They fill up immediately. Everybody orders at once. That is going to be a a difficult thing for the kitchen to handle. The demand on everything you serve, chicken, steak, vegetables is all going to be scarce. Imagine that with everything else. Because hertz doesnt want to keep a lot of cars around during a pandemic and spend money, they get rid of the cars. Now you want a car . They have to find some. So looks like there could be inflation short term demand. Im seeing this. Its just part of Reopening A 28 Trillion economy. Nobody in their lives, nobody on this earth has seen what its like to shut down a 28 Trillion economy. So economist out there knows what its like to start one up. I just think a lot of this stuff is in the wrong places and it will take time until we get these things if Supply Chains fed and watered and doing the things that theyre doing on a timely basis. That could take up to a year. Charles heres the concern though with that, scott. We had the michigan Consumer Sentiment number come in. It was down. The lowest number in three months. It really should have been much better. You have record Households Balance sheets, all of this Money Gushing in to the economy. The main reason, expectations for inflation, 4. 6 the next year. 43 of respondents see 5 inflation the next year. When people feel that lets be honest. The federal reserve for all the work that they do, their main job is to work on psychology. They want the Psychology Of The Average American consumer believe theres not inflation out there. This could change everything about the recovery, couldnt it . Yes, it could. Youre right. They have messaging to get doing and theyve been very bad about messaging forever. Just remember, the fed has never opened up a 28 Trillion economy before. People have bought new houses and were lucky enough to get one. They cant put furniture in there because its 10 weeks out. A friend travelling to the southeast. Theyre not sure that they can get an uber from the airport to where theyre staying because of the gas shortages. Theres so many things out there that well see that will affect the reopening. Its not like we invented new technology. You have the new demand. Were just reopening. I cant stand the idea of the american Rescue Plan. Thats hog wash. Its the american Reopening Plan and theres some really bigtime Growing Pains that go with it because i get it. I see where you can have inflation with the amount of money the government is spending and the amount of money in the system. A lot of the problems were having out there are short term demands, low Supply Problems that will sort themselves over time. I guess thats what you get that word and i hate the word transitory. I want to see what it looks like when things level out. We have to spend 10 Trillion we didnt have, right . Were going back to our gdp of 2. 5 if were lucky under this Guy And Number 3, were going to face a wall of new taxes. So what is that world going to look like in the spring . Charles the pendulum will be wild. When the money dries up and you add taxes to it. At least we have your calming voice, scott. Thanks for our friend. Have a great weekend. I want you to take a look at this, folks. We dont see in the Data Unemployment benefits as a major driver and a bumpy jobs numbers. Charles try telling that to the states ditching the extended benefits in the middle of a Labor Squeeze including ohio. Were glad to have that States Governor with us. Mike dewine joins us. Thanks so much. You have joined now i think the count is 19 states. Youre going to drop the Unemployment Benefits among other things. I was reading headlines from the ohio media. They seem shocked. Youre going to lift all of the Covid Health orders effective in june sometimes. What made you come to this decision . Well, two different decisions you just referenced. You know, as far as the unemployment, we just kept hearing from employers that they could not find work. You know, seemed to us that one of the reasons is that the government has this additional 00 in there. This makes sense. First, it was 600 and then down to 300. People were hurting. Needed the money. People could not did not have the vaccine. It was not available. Were well into this now. Were coming out of this. We need to come out economically very, very strong. People have the ability now to get the vaccine and, you know, we set the date, the 40 some days ahead and said look, you can go get the vaccine and you know, well move forward. Charles now, the most recent data i have for your state in terms of Unemployment Benefits would be 647. You top that with 300. Weekly income of 940, you can see where someone would say, making the same amount of money but without the hassle that comes with having to go to work. So its not an indictment on people, is it . The media is suggesting that these Red State Governors are heartless. How dare they. This is A Billion Dollars that they have taken from people that are desperately needed. You must hear this yourself. Well, look, its not the peoples fault. People are making a economic decision. Its a rationale decision. Some cases, you know, theyre better off economically staying at home. Why shouldnt they stay at home . Were in a different point now. Were well into this. Coming out of it. Ohio is coming out strong. Unemployment is low compared to the national average. We have plenty of vaccine now, plenty of opportunity for people if theyre concerned about their safety and about going back. They can get the vaccine. So, you know, we felt it was time to move ahead. Charles of course. To that point of the 19 states, all but three have a lower Unemployment Rank than the national. Yours is 4. 7. The country is 6. 1. What is the next move in terms of trying to help people out, get them out of the house, get them back to work because we know that each single day its tough on small businesses and its also tough on folks that sit at home. Their appeal as employees doesnt get better. We have plenty of jobs out there, a lot of jobs out there. You know, may can go up to our website and theres a lot of opportunities out there for people. Whatever Skill Set that they have. We have also put a real emphasis since i became governor in upscaling Peoples Skill sets. What we believe, everybody needs to live up to their godgiven potential. What we should stand for is opportunity. Giving them the opportunity, the ability to get the tools that they need to move forward. Thats what were focused on. Charles okay. In the beginning we talked about the introduction. Two things here. Lets talk now about the mask, you know, the Mask Mandate. Youre ditching that. Youre also you have this lottery to try to help or get more folks vaccinated. Tell us about this. Well, the most important thing we can do now to move our economy forward and to protect Human Life and to get back to normal is to get more people vaccinated. Were not going to make anybody get vaccinated. Weve got in ohio about 42, 43 of the total population that has been vaccinated. We have a group that is never growing to get vaccinated. My wife and i have been traveling around. Weve been to 40 some sites with people being vaccinated and talking to people and understand. Its clear that theres some people out there that just kind of ambivalent about it, its not a high priority. They will get it. So i felt that if we put forward this its not technically a lottery under ohio law. Were calling it a drawing. Were going to do it for five weeks. Anybody that has been vaccinated, anybody that has been vaccinated will be eligible to win A Million Dollars and well do that five separate times. Were doing scholarships for those 17 and younger who have been vaccinated. They can get a full scholarship to one of ohios great state colleges. Well pay room, board, tuition, the whole thing. So its a lot of fun. Were already starting to see people walk in to vaccination sites and mention the fact that hey, im here to win the money. Charles A Million Dollars is appealing for sure. Governor dewine, thanks. Good to be with you. Thank you. Charles so if the cdc says its okay to take off the mask, why are some states still not taking part and why now . Peter doocy presses Jen Psaki for answers flex. Did somebody at the biden administration or in the biden Administration Update this guidance for political reasons . No. O give you truly transformative sleep. So, no more tossing and turning. Because only tempurpedic uses a proprietary material. That adapts and responds to your body. So you get deep, uninterrupted sleep. And now save up to 500 on adjustable mattress sets. Its an important time to save. With priceline, you can get up to 60 off amazing hotels. And when you get a big deal. You feel like a big deal. Priceline. Every trip is a big deal. Wealth is breaking ground on your biggest project yet. Worth is giving the people who build it a solid foundation. Wealth is shutting down the office for mikes retirement party. Worth is giving the employee who spent half his life with you, the party of a lifetime. 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Whats been selfevident to a lot of people for a long time now, a naked face is probably okay to be able to walk around and talk to people after youve been vaccinated. So yeah, i think a lot of people are sick of it already. A lot of people said theyve been vaccinated and cdc just put their stamp on it. Charles Oklahoma Republican Senator James Langford telling me yesterday the updated Mask Guidance has been long overdue. To Peter Doocy on the biggest question, why now . Charles this afternoon we had the first white House Press Briefing since biden took over where almost nobody in the room wore a mask because of that updated cdc guidance. Came in the middle of a week where White House officials had been dealing with a lot of bad news. Did somebody at the biden administration or in the biden Administration Update this guidance for political reasons . No. The vaccinated people are less likely to transmit the virus. Thats how they came to the decision. The president had been targeting July 4 when the White House would have small groups of vaccinated people gathering to mark their independence from the virus. That Time Line was moved up. After all, less than 60 of american adults have had one dose of the vaccine. So experts are starting to scratch their heads as to the timing, including former coordinator of Operation Warp speed. There was no knowledge that happened yesterday. When you look at the Cdc Website and you say what is the science that goes behind it, it goes to an April 2 website. Nothing new. Somethinged that the political will to say this is the right thing to do. None of the president s events are open to the public today. He was spotted very briefly taking a photo with an outgoing staffer outside. Somebody shouted out to him to ask how hes if hes enjoying his first day without a mask at work. He said yes. Charles . Charles thanks, peter. You know, so the cdc says its okay, why are some states like New York still keeping their Mask Mandates . Lets ask a Business Owner what to make of it. Desanos is here with us. We called governor cuomo. We didnt hear back from him. Tina marie, your thoughts on green light in certain places and certainly not in New York yet. Hi. Good afternoon. Yep, the Mask Mandate, very confusing. The cdc states no mask with a vaccination. How do you tell in a public place who is vaccinated and who is not . Then you have cuomo, hes saying the Mask Mandate still stands. We were the first state to enact Mask Mandates in April Of 2020 and its looking like well be last. Charles this feels like the Restaurant Industry in New York and california in particular, i dont know why, but theres been such a heavyhanded Handfists Approach to restaurants with respect to capacity, when you can open. You guys spent so much money building these outdoor places to have people six feet apart. You survived through that. What do you make of the way the industry says its been treated more harshly than other industries . The industry, like you said, california and new York City has been treated unfairly. Weve been battling with discrimination against the five boroughs and Westchester And Nassau county. Were blessed to still be open. What i consider this, were in a Rehabilitation Phase right now. Its been hard. Unemployment, were at 11 . Were keeping our staff. Everything has changed like you said the capacity, being that were still at 75 . Our bars just opened last week whereas everywhere else in New York has been open this entire time. Charles i know the industry is pressed hard with the governor. Any indication, any chance that theyll take now guidance from the cdc . We were told initially, all decisions would be based on science. That shifted Big Time a long time ago. I think transmissions in new York State were like 1. 4 from restaurants. That was employee to employee. Very customer to employee. So any chance the governor will hear your plea faster than he has with capacity . I really hope so. I think theres listen, theres a lot of scandal going on. Lots of news going on. I dont think its a coincidence to say that hes going through all of these things and all of a sudden, you know, hes lifting restrictions. What do i know . Im a restaurant girl. I just want us to be open and i want everyone to push forward and i want businesses to prosper and our economy up again. Its interesting this is happening out of nowhere. I hope he listens and he sees at this point between the decrease in the Infection Rates and the vaccine being so available right now, you know, wearing a mask and moving forward should be your own personal choice. People should be able to move forward at this point. Charles i agree with you. Tina marie, thanks for making it through what could be probably had to be hell for you and your yeah. Charles good luck. Thanks so much. Thank you. Charles the tensions in the Middle East still escalating with israels military considering a Ground Operation. Where is this heading . And alaska the latest state to nichl nix the jobless benefits. And Karl Rove said the White House is the far left is. He right or wrong . What does it mean for taxpayers . They said it couldnt be done but you managed to pack a record 1. 1 Trillion transistors into this Chip Whoo yeah oh, hi i invested in Invesco Qqq a fund that invests in the innovators of the nasdaq 100 like you you dont have to be Circuit Design Engineer to help push Progress Forward can i hold the chip . Become an agent of innovation with Invesco Qqq sure, about this . Experience capability, crafted by lexus. Were good. The Remarkable Gx and lx. Get 0. 9 Apr Financing on the 2021 gx 460. Experience amazing, at your lexus dealer. Bipolar depression. Its a dark, lonely place. This is art inspired by real stories of people living with Bipolar Depression. Emptiness. A hopeless struggle. 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Theres still explosions happening inside gaza. The israeli Air Force continuing their Bombing Campaign there. The destruction across the Gaza Strip devastating to many of the communities there. Some parts are completely levelled as you can see in this video leaving thousands homeless. The palestinian Death Toll is more than 120 total people. That number is expected to rise. On the israeli side, Artillery Units will continue. Sirens blaring throughout the day. More than 2,000 rockets have been fired into israel since this began. You mentioned the idea of a possible Ground Operation. Troops are preparing and getting things together. Take a look at what it was like one field over from where were at right now. Earlier today. Israel is slowly but surely preparing for the possibility of a Ground Operation into gaza. The Defense Informations are moving personnel and equipment to the border. Prime Minister Benjamin Netanyahu following a Security Assessment said hamas will continue to pay a heavy price for Rocket Fire into israel. The tension between Israel And Gaza is spreading to other parts of the region. Ten people were killed in the west back and protests on the jordanian and lebanese border. Charles . Charles trey, thanks. Meanwhile, the Colonial Pipeline is back up and running. Why is filling up still a pain . We have the guy tracking the outages. With a companion that powers a digital world, traded with a touch. The gold standard, so to speak ; vo conventional thinking doesnt disrupt the status quo. Which is why tmobile for business uses unconventional thinking to help your business realize new possibilities. Only one 5g Partner offers unmatched network, support, and valuewithout any trade offs. vo jamaica. woman best decision ever. vo feel the sand between your toes, and the gentle waves of the sea on your skin. 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Is still an area that is creeping up in terms of outages but overall, at a peak, the u. S. Was seeing about 16,200 stations without fuel. Most of them are in the southeast. At 3 00 p. M. Central time, now were down to 1,4100. Were seeing improvement but it wont happen overnight. Charles meantime, you have to expect demand to pick up. It was already picking up, the whole Reopening And now with the Mask Mandates. How would that conspire to make this last even longer, this crisis . Full steam ahead. The more demand increases, the longer it will take for stations to replenish. The less Breathing Room that they have to do so. Going into a weekend, motorists are probably not going to see much progress made on the outages this weekend. Maybe a little here and there as america gets out for the weekend. Expect more improvement sunday, monday and tuesday. The outages should start to come down. Keep in mind, this is something that will be pretty slow moving. Motorists in the harder Hit Areas like North Carolina could continue to see outages ahead of memorial day weekend. Charles of course, we know how consumers are, consumer behavior. We saw it last year with Toilet Paper and things like that. We have the Summer Driving Season coming up, fear of inflation, prices going up. A key element has been hoarding. Can that continue . Absolutely. You know, the more you see it, the more it happens. The selffulfilling prophecy. A great example of where weve seen this is in southern florida. An area that has served not ben the Colonial Pipeline but by barge. Miami has gone from 0 of outages two days ago, it continues to shoot up at 44 . This is really indicative of the problem, the mindset poses to this situation. You see a line, you start to develop fomo of gasoline and it feeds itself. Charles patrick, even before the colonial news, i was concerned about gasoline prices. Obviously weve seen Crude Oil up. Up west texas intermediate. From a technical point of view, its ready to break out. Could go much higher as the world comes back online. Where can we see prices toward the peak of the Summer Driving Season . Could they be substantially higher than now . The million Dollar Question you just asked. I think they could be higher. I wouldnt necessarily say substantially. Of course, that runs its own definition of the world. I agree as the economy continues to steam forward, depending on demand this summer, we could see another 20 to 30 increase toward the end of the year. As you mentioned, the biggest caveat, covid19 globally, improvement will drive up Oil Consumption and prices. A lot of Wild Cards at work here if covid rears its ugly head again, prices could sag. Look at the u. S. Being land locked. Many people cannot get out easily to foreign destinations. Could be a very hot summer for demand. Charles going to be a hot staycationtype of summer and maybe higher prices. Patrick, youre the best. Appreciate it. So from Gas Lines to guidelines, the cdc easing up or gas requirements for fully vaccinated americans. Different rules for travelers are keeping the Cruise Industry from smooth sailing. Why Alaskas Governor says its time to rock the boat. Hes next. Ac Dc Back In Black the bowls are back. Applebees irresistabowls all just 8. 99. The Ergo Smart base from tempurpedic responds to snoring, automatically. So no hiding under your pillow. Or opting for the couch. Your best sleep. All night. Every night. And now save up to 500 on adjustable mattress sets. naj at fisher investments, our clients know we have their backs. All night. Every night. other Money Manager how do your clients know that . naj because as a fiduciary, its our responsibility to always put clients first. other Money Manager so you do it because you have to . naj no, we do it because its the right thing to do. We help clients enjoy a comfortable retirement. other Money Manager sounds like a big responsibility. naj one that we dont take lightly. Its why our fees are structured so we do better when our clients do better. Fisher investments is clearly different. Charles the cdc dropping most Mask And Distancing requirements for fully vaccinated people. Keeping the mandate in place for trains, planes and Cruise Ships even if you got the shot. Mike dunleavy says Hes State has taken a hit from the restrictions. I know there was a vote in the Senate Yesterday shepherded in by Senators Murkowski and now i think youre looking to the house. Explain the economic Hit Youve taken because of this. Charles, its been brutal. Alaska has a seasonal Cruise Ship Season from may to september. Last year it was totally wiped out. This year, even if we get things going shortly, we wont see the first cruise until august. Thats a shortened season. But probably about 3 Billion in economic loss last year and going into this year. If theres no Tourist Season or Cruise Ship Season this year, it will be devastating. We dont have a diversified economy. This is a huge economic driver for alaska. Charles again, i mentioned Lisa Murkowski and dan sullivan, they got this through the senate. I think this bill, this Emergency Bill for Alaska Tourism goes to the house now . Thats my understanding. Our congressman Don Young is there. Im sure he will do his best to get this passed as well. Charles hes the dean of the house. We dont think of alaska that much unless youre a cruiser. The cruisers know the routes. We associate this industry with florida. You know, when you saw 3 Billion, what do you make of the way its been handled with respect to that industry anyway . Quite honestly, its been handled poorly. Why . When this Pandemic Hit alaska by the way, we have the best numbers in the country in terms of how we manage the virus. We have the second lowest Death Rates next to vermont and the Vaccination Rate is the highest. When this Pandemic Hit, we worked with oil, gas and fishing. Theyre multibillion Dollar Industries that have workers coming in and out of the state of a alaska. We worked this them. We had a successful year. We wants to do the same thing with the Cruise Ship Industry and hoped the cdc would let us work with them. We could have done the same thing we did with the other industries, had a safe cruise season, brought economic activity to alaska. Its been drown out. What i say to people now, if you believe in the vaccine, theres no need for masks. If you dont believe in the vaccines, then maybe thats why youre wearing masks. So the long story short is, with us, the state of alaska, working with private industry, we can make things work and keep people safe. Charles let me ask about some Breaking News here before the show started. Your State Planning to end the jobless benefits next month. What brought you to this decision . Weve been examining the Employment Situation for the state of alaska. Like other states, what were finding is that our employers are having a harder and harder time finding workers. So if you have job openings, the purpose of these benefits was to help underwrite those that couldnt find a job. Theres a lot of jobs now in alaska. Theres a lot of opportunity for people to go back to work. So this is fitting and timely. This will take place 30 days from now and mid june. So give People Plenty of time to look for work and our Department Of Labor is ready to help folks broker the employer with the employee. Its about time. Charles governor, you mentioned the oil industry. Its huge for your state. Any sense that maybe the colonial Pipeline Situation and the ensuing drag on our economy, were talking multiple states that are now suffering . Could maybe sway the administration to pump the brakes no, pun intended on their war with Fossil Fuels . Im not thinking theyre going to build pipelines but a clear message has been put out there, we want to drive our economy, we need Fossil Fuels and we cant have a day of a hiccup let alone dismantle it overnight. Youre asking if theres hope. Im not optimistic. This is not a policy driven by economics. This is not a policy coming out of washington driven by opportunity. Its a policy to social engineer the country. We know that. Dont get me wrong. Theres plenty of space, plenty of room for renewables. The technology is getting better and the cost is coming down. But makes sense to do both. Not eliminate one and pursue a renewable policy only. Alaska is an Oil And Gas state a mining state. You need to do both. Im not optimistic. Well keep working this. Projects have been put on hold because of the Lease Sans in anwar have been put on hold. We need to fight it. Charles thanks, governor. Good luck with everything you work on. Thank you, charles. Charles folks, may is Asian American and pacific islander heritage month. Were celebrating achievements in the community all month long. Today were highlights yung king, one of the first koreans elected to congress. Susan li has more. Our first profile to celebrate Native American and pacific islander heritage month, an exciting politician, congress woman, Yung Kim, a face in the republican party. Her story is not too far from those chasing the american dream. Hi, im Yung Kim. I represent call. One of the first in congress and one of two americans unseated incumbent democrats from florida. We would like to recognize representative kim. The first time it happened in 27 years. Hopefully my story will be new to other young women and girls. She was born in wartorn South Korea before immigrating to the united states in the 70s. After earn ago degree at usc, she went to work in finance and later started her own clothing retail business. The chance of politics for Yung Kim started when she met congressman ed royce. She spent 20 years at director of asian affairs and ran for the California Assembly in 2014 and then the u. S. Congress in 2018. She lost that race but finally won her seat last year. Representative Michael Mccall says he knew kim was meant to run for public office and a great representative for the gop. Shes a great diplomat. The star quarterback. Kim is up for reelection next year and has every intention to keep her sit. Im here, sitting down. My butt will be glued to the chair a long time. A lot of personality and a lot of energy. She sits on three congressional committees and raising four kids. I asked her if she sleeps. She said she wishes through were 26 hours in a day. Next week well look at the achievements and the trails blazed by Labor Secretary elaine chao. Charles . Charles great stuff. Thanks. So much. Breaking news for you, folks. This just in. Virginia democratic Governor Ralph Northam just ending the Mask Mandate to align with cdc guidance. Karl rove telling me theres a push for socialist policies and its not coming from Bernie Sanders and Alexandria Ocasiocortez. Who he says is supporting this agenda and what it could mean for your wallet. We report, you might want to hide. Piled high with crisp veggies. On freshly baked bread so, lets get out there and get those footlongs. Now at subway®, Buy One Footlong in the app, and get one 50 off. Michael this is The Story of two brothers. David my grandfather, pinchas. Michael my greatgreat grandfather, rachmaiel. Gigi pinky and rocky. Simi there was an uprising in poland. David and then the family broke apart. Michael they scattered around in different places. Gigi they worked hard. Simi and built new lives. Michael but rocky and pinkys families didnt see Each Other again. All . Until now. 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Speak to your doctor before stopping, skipping, or delaying prolia®, as spine and other Bone Fractures have occurred. Prolia® can cause serious side effects, like low blood calcium, serious infections, which could need hospitalization, Skin Problems and severe bone, joint, or muscle pain. Dont wait for a break. Call your doctor now and ask how prolia® can help you. Priceline works with top hotels, to save you up to 60 . These are all great. And when you get a big deal. You feel like a big deal. Priceline. Every trip is a big deal. Here you go, let me help you. Hi mr. Charles, we made you dinner. Ahh, thank you ready to eat . Yes i am beyond think theyre doing this was they want to placate the left, this is what they want to achieve. The White House is not doing this because they think it gains them points with aoc and bernie. Theyre doing it because they want to do it. Charles Karl Rove telling me he thinks the White House supports far left policies and its not just to apiece the progressive lawmakers like Alexandria Ocasiocortez and Bernie Sanders. So if thats the case, are Tax Powers in trouble . Joining me now Kat Timpf and phil wegman. You do wonder why this White House is so much more progressive than they promised on the campaign trail. Right. When you have aoc herself saying openly, oh, look, i thought he was going to be moderate but im thrilled with how hes doing. That is a clear sign. You look at all of these policies, all of this spending. If youre not concerned about this, only one of two things could be true. Either youre not paying attention or youre not paying taxes. Because Everybody Else has to be concerned. When you see, for example, the nearly 2 Trillion that was spent in that Rescue Plan that was supposed to jump start the economy . It didnt do that. It wasnt even just neutral. Its actively been hurting the economy. Paying people more to sit at home than to go to work, a lot of those jobs may never come back. Charles phil . Well, leave it to Karl Rove and others to determine what Joe Biden is in terms of ideology. But its clear and kat is right about this. The one thing that Joe Biden is not is a moderate. Its clear that hes more progressive than Barack Obama on a number of different issues. He sees himself as something of a second f. D. R. Despite what his chief ive staff says, this is a president that believes in big government and thinks that he can make big changes. Well see if he can get it through congress and well also see if they can keep inflation at bay. Because that is something that has created a Speed Bump for spending. Charles he didnt run the characteristics you just rolled out, yeah, you know, he made the nod to the new deal and the great society. He also ran as someone that reaches across the aisle, someone that can do things with the other party and compromise. We havent seen that at all. Its sort of bewildering. People are frustrated. They said we believe youre going to come in and focus on unity. Its been the opposite. Yeah, well see whether or not these meetings between senate republicans and Joe Biden and the Oval Office are just photo opens or if the administration is willing to sit down and compromise. A number of congressional republicans that i have spoken to, that they express that frustration. Yeah, No Doubt about it. Joe biden, he campaigned as a moderate. That got him through the primary. Now Hes President , hes willing to go big because he wants to change things and change them quickly. Charles lets talk about the money, dan. Youre the Cpa Market Expert extraordinaire. Listen, i just got to believe its going to be devastating 2022. We see where Senator Manchin said youve gone too far with the taxes you want to put on corporations. Where do you see it going . I see the biggest impact here, charles, happening with small businesses. I really believe right now with what Joe Bidens plans are, absolutely an assault on small businesses and small businesses employ half of the people in this country. Just look at what is happening. They waived the unemployment and extend Unemployment Benefits so small Businesses Cant find people to work. So what happened . It forces them in effect to have to raise the minimum wage. What they cant afford. Yeah, amazon can. Small Businesses Cant. Thats really what concerns me the most. Small businesses are the Heart And Soul of the economy of this country. Theyre going to be in a lot of trouble in 2022, charles. Charles im worried about the economic side and the messaging. Because you know, to get these sort of things through, you have to portray certain americans as various users, leaches. This is what really hurts me. This is a country where you pull yourself up by the bootstraps and you celebrate it. But now its who wants to be demonized to get some of these things passed . Yeah, that does concern me. Theres this narrative that if youre somebody that believes in small government as i do and youre somebody that says hey, maybe the government isnt the answer to this problem, that you automatically means dont care about the problem. Those dont equate with Each Other. You can believe the government is not the best way to solve out or the most effective, which weve seen time and time again. We have eighth graders building better websites for Vaccine Distribution than governments are. Im sure for a fraction of the cost. Its disgusting people equate those two things because its not the case. Charles so phil, you cover this beat. Can he get this stuff through even with reconciliation . Were going to find out. I think that Joe Biden knows that with 2022 coming up, historically midterm elections favor the party that is not in the White House. Republicans control the State Legislatures which will be doing the redistricting. So its possible that he wakes up at the end of 2022 and doesnt have majority in the house or perhaps the senate as well. Theres certainly a sense of urgency. They want to move as much through as they can right now. Look, Joe Biden sort of closed the circle here. He was very straightforward when he said trickle down economics doesnt work. Thats what he believes and that is what is reflected in his economic policy. Charles all right. Dan, of course, i know youll be busy monday. The new tax day. Thanks. Meanwhile, just now president Joe Biden revoking that 2019 proclamation by former President Donald Trump suspending entry of immigrants with financially burdens the nations healthcare. In a new Proclamation Biden says the suspension does not advance the interests of the united states. Well, tomorrow 10 00 a. M. , big topics, price spikes, pipelines, you name it, they will cover it all. You can catch me 2 p. M. Fox business. Hello, everyone, im Juan Williams along with martha maccallum, kennedy and will cain, it is 5 00 in new York City and this is the five. Did someone update this for political reasons . No, our North Star has been listening to guidance of health and medical experts and teams and that is what were doing in

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