democrat senator joe manchin, squashing a vote for the bill back better plan. before the senate went on holiday break hoping to strike some sort of deal would bring inflation down center manchin republican say it would drive prices up even more. too who's got it right? here to discuss it democrat strategist laura fink, frances newton stacy. let's start with american things according to new 46% said biden social spending bill are the 46%. >> it's a little more complex than that. all this additional spending both on the fiscal and the monetary side purchasing assets on the balance sheet has created a lot of money and circulating of the money against is exacerbated when creeds. moving forward solution is not to cut off all additional money. while few people know this there are mechanical things they're not political debt service we have to service a record amount of debt takes money out the circulation we pay off the principal of that debt that comes off the ledger. i threw the money supply goes off for that money supply. there is a magical number pre-want to keep spending. unfortunately this is so politicized will not reduce inflation necessarily but will reduce through inflation is the fed is going to taper its asset purchases that's the catalyst. fiscal spending with or without "build back better" and less money coming in over a longer period of time will is a very challenging for the fed is very challenging for lawmakers you want to get rid of this trajectory of inflation but you do not want to cut that money supply office so hard to have a liquidity problem. >> let me bring laura in now. laura clearly what happened is the president did not make the sales using expression business people use. he did not make the sale but the "build back better" plan when actually lower inflation he did not make it to joe manchin i most americans don't believe that either but how does he make that sale in 2022? >> i think it will make itself you'll see inflationary pressures decrease as mcauley would suggest to be pandemic driven. over time they would decrease more than a baker's dozen of nobel prize-winning economist agree with that sentiment and say the bill the back better plan, which joe manchin did reject putting a big lump of west virginia call in all of america stocking, they suggest overtime for two reasons "build back better" it will not contribute to inflation and could reduce it. one is over ten years this is spending over ten years is not a stimulus that is different. and two, it is a paid for by taxes. we want to make sure jeff base no space a tax bill at some point and elon musk. those are the things that essentially make it more of a tax code more fair for americans work pressures like childcare, like prescription drug cross that's extra money in american's pockets that's a good thing. 360 note francis that's it the present he says going to cause zero, zero it's hard for americans to get -- wrap their head around multi- chilean dollars spending plan will cause zero and secondly that it's paid for. something even the cvo which is a nonpartisan organization congress says is not possible. that sale is not made either. >> is not going to cost zero the american rescue plan is not going to cause zero all the money the fed is added to the balance sheet is not going to cause zero. our debt to gdp has now exceeded one 100% which means we owe more than we are growing. that is going to have to result in raising taxes and raising taxes is going to cost more. furthermore inflation is the tax on the middle class. the less you make in the price increases couch the middle class more and more. that is also heavily politicized. >> let me bring laura back in. inflation is a terrible tax it is a it's the middle class and lower class worse they can afford to pay the rich don't much care about even though they are concerned about as well what happens if it doesn't? the facts show something different. was a wholesale prices in november go up by almost double digits 9.6%. the wholesale prices are eventually passed on. that's the price the whole seller pay eventually the retailers but that extra price on the shelves. when consumers go to buy it so that it's going to pass on to consumers. that means inflation is accelerating, laura. >> it also means corporations are charging and marking up over and above the wholesale cost, david, which is also a challenge. why? the going to continue to pay those prices. david: they are paying more, they are paying more and there is competition, laura. that's the wonder of our system it's you do have, excuse me, you do have in a private sector you have a lot of different competitors. they have to compete on price. you're saying that's not happening at all then? >> that's not always true that's not always too busy bottlenecks in the price like all of the meatpackers. david: what would you do to stop that? parts of >>'s original question the issue with inflation impacting pocketbook spread or long-term structural change taxing the wealthy make it through the middle class gets a tax cut helps. three and half million women early silent out of the economy that's not just economic growth the fact "build back better" cause goldman sach's to reduce the gdp by a full percentage point last year. we need things like human infrastructure to make sure americans can get back to work. david: let me just ask you do you think? let me send it back to francis then. the fact is we have now an economy that's growing at 2.3%. it is a slow growth economy with higher inflation. the worst possible combination of things. that causes low growth with higher inflation. is that what we are looking at in 2022? >> yes and potentially. the thing about it where you are right is -- inflation is probably going to peek at its rate of an when i mentioned earlier the fiscal spending coming in more slowly the monetary asset purchases that is being tapered it's being taken away. when it decelerates which market participants are looking for, it means that grows less fast which mean price increases do continue to go higher for the consumer. that is going to happen for quite some time. you are absolutely right about growth. david: ladies, i'm sorry we literally run out of time. we'll see more of you coming up later in the program. worries about government spending the concern about omicron cases surging with millions of americans gathering for the holidays. what are the best ways to protect ourselves? here's some advice doctor bob. great to see you, happy holidays, merry christmas what are some the best ways to keep safe during the holiday gatherings? >> omicron is seven times more transmissive. if you are at a holiday party or a family dinner today and you have someone who is nonvaccinated, they are either going to get the oma kroner already have the omicron can give to everybody else. so my advice everyone check on vaccination status number one. number two. a christmas party today he to make sure the people you are with ourur vaccinated and hopefully boosted. booster shot works against the omicron variant. fortunately the omicron variant can vary from person to person. we can have people over 65, grandparents who are with you today on christmas day and they may have, they may get omicron and make it very sick. david: the goodness is we have therapeutics we did not have, the monoclonal antibody treatment may work or may not work but we have these new pills one from pfizer one from mark that we were given approval for. if you do get sick we are better prepared to deal with that. >> yes we are. they are not going to be ready yet. there's emergency use authorization there's a lot of production that has happened before i can write a prescription for my patient with those pills. a lot of production has to happen that's probably not going to happen until later on in january maybe even february. so they are christmas gifts to us for sure. those levels are running low. we are really rationing the monoclonal. david: i've heard that. i want to talk about the future. we had an amazing switcheroo in australia which is been very hard to lock down and the mandate. they did an about-face on this. the prime minister didn't he took it very different tact would have his advice might work over here roll tape. >> have got to get past the heavy hand of government we've got to move, from a culture of mandate to a culture of responsibility. that's how we live with this virus in the future. david: doctor you'll have about 15 seconds with that advice work over here? >> i think that is great advice. that is something we should do. we have to rely on the intelligent and common sense of people rather than forcing them to get the vaccine and forcing them to wear masks. they need to be informed that it is dangerous for everyone not to do that. not to follow guidelines. david: that is one thing we learned in this pandemic is freedom works better than mandates. hopefully we will see more of that, freedom, over here. doctor great to see you happy holidays to you. thanks much for being here appreciate it. kentucky residents are searching for help this christmas as they pick up the pieces from those deadly tornadoes that hit the state. one organization is stepping up too help out, that is next. it shortens colds! zicam. zinc that cold! most bladder leak pads were similar. until always discreet invented a pad that protects differently. with two rapiddry layers. for strong protection, that's always discreet. question your protection. try always discreet. i'm here to present the facts. thousands of people and small businesses are trapped paying too much for wireless and still paying off their phone! but when you switch to t-mobile they will pay off your phone so you can keep your current number and your phone! objection! what if you bought your phone at at&t or verizon? t-mobile will pay it off! switch to t-mobile and we'll pay off your phone. now up to a thousand bucks. do you rest? i do - but t-mobile never rests. david: many kentucky residents are spreading this christmas coping with the damage the face of massive tornadoes at her earlier this month for my next guest and his team have been working tirelessly to help with relief efforts for victims there. regional ceo of the american red cross in kentucky, steve joins us now. steve thank you for coming in. that's hard enough to celebrate christmas while covid is in our midst but to celebrate christmas with covid, without your house, that is a special kind of hurt is in it? >> it really is. i have seen a kind of devastation struggling to get back to some sense of normalcy. they have doctors appointments was an unbelievable amount of devastation. as an unbelievable amount of compassionate hope and caring. i've seen the church members served coffee and a destroyed church to members of the community that were helping clean up predicting a father and his teenage son going to the town commons and mayfield, kentucky and cleaning up. i've seen a 7-year-old boy come to us and say he wanted to help. he holds out his hands with three pennies and says this is all i have but will this help? i have seen countless folks say to us as we approach the really significantly damaged houses and say don't help me first, please go help my neighbor. through all of this i really have gotten the meaning of christmas. it is about caring. that is left alive and well and mayfield, kentucky. those folks have been devastated there's hope and they believe. >> you use that one word, hope. if there's ever one word meaning of christmas you defined it with that one word of hope. i am just wondering i mentioned covid. his covid a problem? omicron might not be as devastating to your health as an adult it was but spreads like wildfire to see it spreading their admits the devastation? >> i have not they were taking safety precautions we have folks and non- congregate shelters they are in hotel rooms there in the national parks. we have about 1200 folks now that are displaced from their homes. that is a significant amount. we are taking safety precautions. >> supply chain issues bothers all americans must be of particular significance of the folks trying to rebuild and you cannot get the materials you need to rebuild with, right? >> i see that with things like lumber, things like labor that folks are starting this process. they are looking for guidance. they are looking for help. they are trying to experience some of that. >> how about insurance? i know the federal government is kicking in, the state government and the red cross. but insurance is kicking in as well? >> i see folks are my experience on the ground a lot of people do not have insurance. they really need the help they need the help from a nonprofit perspective. that process is going on right now and they're working through that. david: i know we can help the red cross i have to ask this question, if i give specifically to the red cross before they turn it on victims, you make sure the money is targeted to those victims? >> yes david, there is a designation from a red cross perspective from this set of tornadoes that we had. remember this at least the kentucky standpoint, one set 165 miles. the devastation is pretty significant. david: it is just unbelievable how long do you think is going to take are we talking years or months here? >> it is years i don't even want to put a number on it and as if the whole town is been wiped off the map the economies gone the businesses are gone it's a long time. >> god bless you you're doing great work. thank you so much being there who need it most. have a merry christmas. it is possible even under the circumstances you reminded us thank you very much, steve,. >> david, thank you. david: after 20 years and more our home for the holidays but i was the region up after our chaotic withdrawal? >> things are coming when it comes to financial plan plans we can build on our own, or 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iconic and sad videos of their desperate afghans clinging onto a u.s. military plane as it was trying to leave the kabul airport. lawmakers on both side of the aisle calling at present bite is biggest blunder so far. we're hearing a lot more american citizens were left behind than previously thought bridge or tomatoes former uss cole commander kirk. commander, that image is an iconic image that i show. it is the 13 americans and the hundreds of afghans killed by the suicide bomber that stick in the minds and hearts of so many thousands of american service people who served in afghanistan. i can think of one close to my heart, my own stepson. how do you purge that memory from their souls? >> well david, first merry christmas thank you for having me on, especially on a day like today breed the reality is that type of infliction of pain is never going to go away. it's going to be part of the fabric of the individual lives that were affected by this and the fabric of the nation itself. how we chose to withdrawal from afghanistan is a true tragedy. and while i think many of the troops today are grateful to be home with their families, everyone that serves, does so knowing they make sacrifices that allow them to go out and keep this nation safe. if they were given a choice between serving today over in afghanistan, or being home with their families and there's a we can be attacked again in the future bite terrorist elements like al qaeda, supported by the taliban, supported by pakistan that is going to be the true danger we are facing. i think that for many of these people, be careful what you ask for you might get it. the taliban won a government in afghanistan. they took over the country now unfortunately were seeing people go through abject failure of their inability to run a country. david: and of course they're still americans there. their private groups. in fact one private group, project dynamo a magnificent group of mostly former service people who are getting people out. we had in the past couple of weeks 39 individuals either u.s. citizens or permanent u.s. residents get out of afghanistan despite the promise we had from the president four months ago that u.s. troops would not leave before every american got out. that also sticks in the craw of a lot of service people who were over in afghanistan. >> you are absolutely right. when you look at its a true tragedy we left americans behind and the u.s. government was not exactly straightforward with the american people. once again it's a failure by the by the administration either they didn't know or did not want to know exactly how many americans were there because that would drive home accountability. they are the accountable government right now. and unfortunately with american still there whether by choice or not it's our duty to make sure they have the opportunity to get out and i don't think they did i think we pulled out so quickly we pulled in and collapsed down kabul and then collapsed into the airport when we had an opportunity to have a more orderly withdrawal and chose not too. i think it's going to be incumbent upon us and those americans who served to ensure our government gets those americans out as well as those afghans who risked their lives in that country to ensure our people stayed safe. that is they thousands that. david: thousands of those afghan allies that were left behind. finally how much more dangerous is afghanistan now not only to the afghan people but to the whole world? >> i think right now afghanistan, while it may not be a clearing present danger i guarantee in the future given the government with the taliban that's there, given their ties to al qaeda and given the fact they stoned to strike at the heart of america they are going to be a danger in the future that we are going to have to watch. they went international recognition. with that comes a responsibility to ensure the terrorist operations never come out of that country. that means they do not have safe haven to recruit, to train, to finance, or to conduct terrorist operations anywhere in the world and that is what we need to make sure happens if we give them any kind of recognition in the future. david: commander, only ten seconds. are we going to be forced to send troops back into afghanistan when is your gut tell you, ten seconds. >> my gut tells her not going to send people that back there the taliban once legitimacy were going to keep this nation safe by helping them become a legitimate government even if it's not the style we would like. david: crazy world we live in, commander, i wish you the very best on this holiday season, god bless you thank you for being here appreciated. >> thank you david. david: commander kirk lippold. my next guest at all is closely watching cases prove it's working she's one of my favorites. alvina king's message to unite us all is next. ♪ for me and you ♪ ♪ and i think to myself ♪ ♪ what a wonderful world ♪ a rich life is about more than just money. that's why at vanguard, you're more than just an investor, you're an owner so you can build a future for those you love. vanguard. become an owner. ♪♪ the only thing a disaster can't destroy is hope. ♪♪ donate now at redcross.org your plain aspirin could be hurting your stomach. vazalore... is the first liquid-filled aspirin capsule clinically shown to cause fewer ulcers than plain aspirin. try new vazalore. aspirin made amazing! david: the justice system on full display this year of high profile subjects my next guest says these cases show our system is working. with me now is the niece of doctor martin luther king jr. doctor alveda king. merry christmas great to see a thank you so much for being here appreciated. >> merry christmas david and everybody merry christmas. david: thank you print issue and i know there's my one perfect human being that was the person who we celebrate today. it is an imperfect world nonetheless it seems these court decisions involving racial issues are so hard to negotiate around or with that they are beginning to work and the right direction and my right on that? >> they are. for those families who are grieving at this time with losses and confusion for various reasons including the court cases our love and prayers are with you. comfort anyone around you can offer that please embrace that during the season, merry christmas. david: absolutely. let me start with why the most recent cases with jesse when he came out with this initial charges everyone he was absolutely correct he was the victim here even though the details did not square with each other we found out why of course later on. it's great to find the truth when it appears. it would have been much harder i think to come to the truth when he first announced his case about a year ago, right? >> absolutely and let me say truth to earth will rise again. what makes me so sad about the jussie smollett case is a young man lives in a time he feels he has to do those types of things to gain attention. that is very sad. of course we have consequences and we must pay for our actions. that is were justice has been. it's still a tragedy to me and i want young people all over to learn, you do not have to do theatrical things to get attention. just try to do what is right. i'm a little sad, mixed emotions. we do have to pay for our consequences which is what he has learned, sadly. david: all these cases are sad. either miss justice or death it's very involved it kind of showed you have to look at each case individually. you can't make broad statements about race in america and come to conclusion, right? >> one blood, one human race we have ethnicity determined by her skin color. during a race that so many things is not a good idea. seeing that with kyle, he thought he had to save the world because it seemed to him no one else was really doing it. so we had justice served in this case. in the armory case as well. i am glad justice prevailed. i am praying for all of the families of everyone involved. david: i'm sure you are. pulling back and looking at these various theories and critical race theory, the 1619 project, you have read about all these things and noted the problem with these theories is they do divide more than they bring us together. it doesn't seem now is when a positive thing that happened from the pandemic is a screen had been pulled away a lot of parents are being seen with her kids are being taught to the extent they are divisive rather than bringing people together. they are protesting against it, i think that's healthy we're not going to teach our children to hate each other. critical race theory does divide it wants us to see as separate races. we are not colorblind we could see ethnicity we are one race the parents are pushing back i'm happy to see that. david: the parents are pushing back with the teachers union seemed to be stuck on these theories they've come out and say they are continued to believe in them, want to push them. they have a lot of money through the culvert relief plans. what would you tell parents about how to push back against these teachers unions that want to continue with this? >> do not leave the elephant in the room. critical race theory is what it is, divisive. as over the school board, who is deciding how to help those teachers in the school and not to divide because of skin color. david: he got us our voting and school boards. very quickly, it is the day we will remember jesus and his message. your uncle and your father were big on focusing on the message of jesus christ. on this christmas day what are the lessons you live by? >> merry christmas i learned my parents, grandparents, and i thunk about that on my new show on fox nation season to love each other repents, forgive, if we do those things we can learn to live together as brothers and sisters and we will not perish together. merry christmas. david: merry christmas to you great to see you and your family as well. santa's trip might be over but with travel bouncing back this holiday season what can you expect your journey home? all the tips you need to navigate a hectic holiday travel rush. that is next. ♪ is struggling to manage your type 2 diabetes knocking you out of your zone? lowering your a1c with once-weekly ozempic® can help you get back in it. oh, oh, oh, ozempic®! my zone... lowering my a1c, cv risk, and losing some weight... now, back to the game! ozempic® is proven to lower a1c. most people who took ozempic® reached an a1c under 7 and maintained it. and you may lose weight. adults lost on average up to 12 pounds. in adults also with known heart disease, ozempic® lowers the risk of major cardiovascular events such as heart attack, stroke, or death. ozempic® helped me get back in my type 2 diabetes zone. ozempic® isn't for people with type 1 diabetes. don't share needles or pens, or reuse needles. don't take ozempic® if you or your family ever had medullary thyroid 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murphy. thanks are being here. first off, with all the new comic-con restrictions every state is different. i am just wondering if the same is true for airports and airlines? did they have different rules and regulations about omicron? >> they're pretty much following the protocol that's in place if you're inside, in an airport, on a plane you have to wear a mask. what's interesting the ceo southwest over a week ago in a senate hearing was saying that masks are kind of useless because of the air filtration system which is akin to an operating room with a filtration for there's no way to really get infected mask or no mask while you are flying. david: abbott car rentals? a lot of people out there like myself still have to rent cars. do they have mandates either vaccine mandates or mask mandates or are you free in the car that you rented? >> have confidence there are no issues we know the surface spread is something they did away with about a year ago when it comes to the cdc. the doctors in south africa. mild that could be the end of the pandemic. >> from your lips to god's ears. cruise lines, to little late to make cruise reservations for the holidays. they were hit hard first when the pandemic began. are they at finally getting back on their feet or are they still struggling? >> they are struggling their stock prices reflect that. if they are following this mandate which now come generally for many cruise lines will say you have to vaccinate a 5-year-old on up if you want to take a cruise. for many reasons people i would be hesitant to do that. after about five and half weeks of that being available to five -- 11 year old only about one in six kids have been vaccinated. it's pretty much come to a standstill. if the crusades are happy with 83% of the potential passengers never really cared. i went back to airlines and travel tips dealing with the airlines go and give them to us. >> if you are really lucky and planned it right you've got a great fare and are traveling today, christmas day per that's were the best times to travel throughout less crowds and all that and you're concerned that the a great day to travel which is today. shop at the counter and grab something is traveling overseas going to have global entry for there's a pent-up demand for travel destinations like mexico the been open for business without restrictions are doing phenomenally well. but the probably going to have you come back to the u.s. as people return job staffing issues and other things related to that. the challenger going to reenter standing in these long lines. they bypass the immigration lines, go to the kiosk, check myself and walked her special guide will take my declarations for customs i'm literally on the way before these folks have even moved 10 feet in the line for that's when the best tips you can have its cheap 85 bucks i believe for a five year pass. >> physics at the great suggestion mark murphy thanks are being have a wonderful holiday season. appreciated. more than 50 years at the first astronaut stepped on the mood there is an exciting new space race. more on that coming next. david: it is called the billionaire space race. elon musk was first and sir richard branson and basis would fill their dream of man watching a manned rocket into space. before the billionaires there were the pioneers and nearly spoke with just about all them over the years, take a listen. >> that is one small step for man and one giant leap for mankind free. >> you get annoyed unnerving congratulate the white house today with the hero label. >> i guess we don't think of it that way. people were given extraordinary opportunity in extraordinary times we are very, very grateful to have that. >> would like to dedicate the first step of apollo 17 to all of those who made it possible. >> your kids, your grandkids. last human being to touch that. how did that make you feel? >> humble. i don't look up at the moon in saint man what a great guy you are. and yet when you asked me ♪ ♪ i was strolling on the moon one day ♪ ♪ in the month of december ♪ ♪ >> i don't know why you lead off with my rendition of strolling in the park. >> i hold you high esteem who started that by the way? what happened? >> i started it because in those days had this very bad habit of any time i heard a line find and like a song i start singing that song for the conspiracy theorists that you guys you guys never got to the moon this was all a sham. it was all a show. i know your colleague had that issue. does it bug you on that conspiracy guys in the 35th anniversary of this very day that was the case? >> i just do not know how to answer that. or they saw the gigantic's saturn rocket go off from cape canaveral and went somewhere. they saw the picture of a small earth they were taught taken from some great distance. they sought neil and buzz did not see any cigarette or anything lying around there. i am convinced we went. but how you convince someone is not i have no idea. who we were in a race with, did not have very adequate radars to tell whether we were faking something when they be the very first ones to pull something over on the world? >> you decked a guy who questioned your whole intent, right? >> yes, i did. >> all of you guys did the superhuman feet. literally out of this world. >> never seemed to seek out profit off of your success unlike a shallow person like me he would look for every opportunity. that was our job at the time. we really did not expect to profit off of that. although life magazine was knocking on her door to have exclusive interviews. it was strange to me why they would want to do that. i would go someplace to give a talk before flight, and they were saying things that i haven't made a flight yet why does everybody want to hear me? >> the crude dragon, go at nasa, go spacex. godspeed. >> you both had sons about 60 years old, he made a stuffed dinosaur famous. they have sold out of these things on amazon just because of that. so any message you want to relate to your son first saw commander to you about what you're seeing what you're doing? >> it's actually really nice up here. once a week we get a private family conference at the video it's pretty nice to be able to share the experience albeit my wife spent six months up here in 2013. our son has a pretty good idea of what it's like. he really enjoyed seeing all of the different modules. you can float around and show your family what's going on. all i would add for my son is i hope he can be on extra good behavior to make mommy's job easier while i am out of town. >> is this the way it's going to be? in other words guys like you may be working in partnership, working with some of these others working with boeing what have you, is this the future now? >> and they cost an enormous amount of money to achieve what a private company achieves. >> are you a tad anxious? >> i am not i'm excited but not anxious but we'll see how i feel that i'm strapped in my seat. i'm very excited we are ready. the vehicle is ready the team is amazing. i felt very good about it. think my fellow crewmates feel good about it too. >> best day ever. >> as we american summon the collective will to achieve it, even the sky is not the limits. >> wasn't that wonderful? a big in space for sure. neil has been on top of it all back here on earth the president's poll numbers plummeting as prices soaring. with midterms approaching should democrats be worried? and 11 million jobs still open in america getting people back to work in the new year that is coming up. feel stuck with student loan debt? ♪ move your student loan debt to sofi. .. fine, no one leaves the table until your finished. fine, we'll sleep here. ♪♪ it's the easiest because it's the cheesiest. kraft. for the win win. david: it looks like a lot of americans putting president biden on their not list. the poll numbers are not good. there are other numbers that show further behind. what does it mean for the president and his agenda in the new year? great to see you. we have a lot of holes, looking at the list of issues, the really key issues in people's lives and what they vote on and look at this from 69% disapproval to the best he does is 57% disapproval. have you ever seen a president with so many down on so many different issues? >> know, it is not just such a high disapproval rating which it is very high, it is the fall that has happened in the last year. he used to have a 60%, 70% approval rating on some issues, drop 20 to 30 points and the thing that is most staggering to me as his drop-in support among independents. he had 60% support when he took office, now it is sitting at 29%. that is worse by context than donald trump's approval ratings as of january 6th among independents where he had a 36% approval rating among independents. david: we have a breakdown how people vote. the independents comprise the largest number of voters, republicans go from 26 to 31 but independents stay above 41%. if you are losing two thirds of independents there is no way you can win. lee:the independents are the key to any election. more people are identifying as independents, more disillusioned with government. this is a base you have to appeal to end this president isn't doing it. considering what is important to americans and the economy, the approval rating of the president on the economy is the worst we have seen since jimmy carter in 1977. david: even traditional strongholds of democrats like hispanics this is an extraordinary number, the number of hispanic the disapprove of president biden, 54%, the hispanic vote has historically been the democrats failsafe. they knew they couldn't lose that. they just did. lee:every constituency he was counting on, suburban women, minorities, one after another lost support and that is in large part because 20% of americans feel the president biden has done anything to help them personally. that means 80% of americans feel he hasn't done anything to help them and 50% of americans feel like he has made things worse. david: despite these poll numbers president biden says don't worry about the midterm elections. >> president biden: i believe we are going to win in 2022. david: is the president right? joining us is gop strategist noel nickpoor and gop strategist laura think. how does the president turn these numbers around? >> you have three factors looking ahead to 2022. one of them is the type of candidate that is running, 2 is the timing. a lot of these are things that could improve simply because it is the environment ofs, americans are tied of the pandemic. there are vaccines, getting distributed and will make it through this. is this changes, the omicron virus proceeds, improve those numbers in a staggering way. the second thing i would say is the specter of donald trump, he has an impact on elections in a negative way for republicans whether it is the candidates he is picking a republican primaries or his appearance on the stump which remains repellent to swing voters. all of those are factors we are looking at going into next year. all of those opportunities to improve those numbers between now and next november. >> look at these numbers and another fox news us poll if congressional elections were held today. and 45% a democrat, 43% republican. they have a long way to go. >> and a lot of national mentone, people expect to take the house. it is truly a threat as well and one of the first things americans are concerned about, putting the pandemic aside is inflation. the economy. this is the strong suit. these are the issues republicans clean house. david: what about the pandemic. president biden did come in largely on his basis of the critique of the way the pandemic was handled by the trump administration despite warp speed etc. and now it looks like he is losing on that as well, the pandemic issue. >> no doubt about that. when he went into office people were optimistic, his policies and plans will make things better, almost a 70% approval rating is he took office and today, dropped 20 points and it will continue to be in a freefall as we are looking at a dark winter, many people expected at this point the holiday season for things to be feeling better. it feels worse again. his message to americans, it is going to be hard, it is going to be tough. he announced his plan to battle covenant is nothing novel in it, nothing new, nothing giving optimism about the future and people are concerned, are we going backwards and this is hurting. david: by his own definition of success or failure with regard to the pandemic he has failed. he said during the debate he challenge donald trump saying any president who has 220,000 people die on his watch doesn't deserve to be president. many more americans have died on president biden's watch, close to 400,000 if not beyond. >> we are talking about a president with a 0 vaccines in arms when he came into office and now north of 70% of americans are vaccinated and climbing every single day. we saw hospitals overrun prior to president biden taking office and schools closed, schools are open. all of this stuff to the point of the colleagues on the panel and that is the job in the first year. bipartisan infrastructure bill, to talk about these things. it is about the frustration with the global pandemic, look at any country and they are seeing the same challenges. david: challenges all over the place but the point is president biden himself when he was running for president said if any president has 220,000 people die on his watch during this pandemic he doesn't deserve to be president. he has lost a lot more on his watch. >> absolutely, if we go to the beginning, it was donald trump that actually lowered regulations to get the fda approval, to get these vaccines out. he deserves a little bit more credit than he is getting about the vaccine because there was for him less regulation. of this vaccine. nobody mentions that. >> let's run them again. david: it may happen. we may have a rematch of those two. we will see what happens. it is a good thing santa doesn't have to fill up his sleigh with gas. i'm sure millions of americans hitting the road this holiday know what i mean. pump prices could get even worse in the new year. we will explain coming next. ♪♪ filled with toys ♪♪ for boys and girls again ♪♪ here those slave bells jingle jingle ♪♪ what a beautiful site ♪♪ jumping because santa claus comes tonight ♪♪ here comes santa claus ♪♪ here comes santa claus note that right down santa claus lane ♪♪ he doesn't care ♪♪ i may have moderate to severe rheumatoid arthritis. or psoriatic arthritis. but we are so much more. we're team players and artists. designers and do-it-yourselfers. parents and friends. if joint pain is getting in the way of who you are, it's time to talk to your doctor about enbrel. enbrel helps relieve joint pain, and helps stop permanent joint damage. plus enbrel helps skin get clearer in psoriatic arthritis. ask your doctor about enbrel, so you can get back to your true self. play ball! enbrel may lower your ability to fight infections. serious, sometimes fatal events including infections, tuberculosis, lymphoma, other cancers, nervous system and blood disorders and allergic reactions have occurred. tell your doctor if you've been someplace where fungal infections are common. or if you're prone to infections, have cuts or sores, have had hepatitis b, have been treated for heart failure, or if you have persistent fever, bruising, bleeding or paleness. don't start enbrel if you have an infection like the flu. visit enbrel.com to see how your joint damage could progress. enbrel. eligible patients may pay as little as $5 per month. david: you might be experiencing the grinch face as you visit the family today because despite the recent dip in gas prices the national average still near the record high for christmas day. will we see anything in 2022? price futures group senior analyst phil flynn is here to tell us what we can expect. thank you for being here. happy holidays, merry christmas. our prices going to improve and by that i mean come down in 2022? >> the shadows of energy policy pants are not changed i'm afraid next year we will see prices breakthrough record highs and oil prices go as high as $100 a barrel next year. unless the biden administration does an about-face and get off their entire energy policy. david: you say they are anti-energy, it is anti-domestic energy. they are fine with helping russians bill their pipeline between the russian and europe but it is energy here. we lost our energy independence in the past year because of these policies, look at the bbb plan, $550 billion devoted to green energy which would put the screws on us producers. i don't see any signs of that. >> i don't. if you go into next year, i think the prices could spike up a lot higher and it is crazy. look at what is happening in europe, they became more dependent on russia, they went to green energy, their prices are going to record highs but i have on very good authority that the boys and girls got coal in europe this year. those prices hurt so high and using more coal to stay warm. the biden administration will repeat the mistakes made in europe off the quick change off of oil. they are starting to engage in the us energy industry, they haven't done that for the entire administration. maybe that will talk some sense to them and we can get prices cooled off. david: prices came down a couple pennies off the pump and president biden is taking credit for that saying it is because he sold off part of the strategic reserves. any truth to that? >> i'm afraid not. any expert in the world will you that oil isn't even in the market or refineries right now but what brought prices on was the fear of the omicron variant. people were afraid to travel. we saw the fear that demand would drop but i'm afraid that's not going to happen. will be here on early returns on holiday travel is going to be stronger than people think. gasoline prices might go back up after the holidays as opposed to the short-term downtrend we have seen. david: the president has also blamed oil companies for prices going up saying there's price gouging going on. a lot of people are afraid that means he may put price controls on oil which would lead to shortages. what do you make of the price gouging? >> he is trying to point fingers because everyone is blaming him but look over here, look over there, first he was blaming opec, then us energy producers, then a grand conspiracy. the administration has to look at themselves and their own policies, policies they can change. it is not too late. get off the back of the us energy producer. we are going to be consuming a record amount of oil in the next year around the globe and the us should be the biggest producer in the world. let's make sure that happens. only then can we safely move to a green energy transition. david: we know we can have energy independence, we just did a year ago so we know we can do it again. have a wonderful christmas. enjoy your holidays, thank you for being here. >> merry christmas to you. david: you might have whiplash watching stocks website lately but don't worry, we have a 2022 prediction about your investments that will help calm down as we count down to the new year. ♪♪ ♪♪ the final countdown ♪♪ ng tons of polygons here! what's going on? where's regina? hi, i'm ladonna. i invest in invesco qqq, a fund that gives me access to the nasdaq-100 innovations, like real time cgi. okay... yeah... oh. don't worry i got it! become an agent of innovation with invesco qqq with directv stream i can get live tv and on demand anywhere. look, serena williams... matrix... serena... matrix... serena... matrix... ♪ ♪ ♪ get your tv together with the best of live and on demand. introducing directv stream. to see my ancestors' photos was just breathtaking. wow, look at all those! what'd you find? lorraine banks, look, county of macomb, michigan? oh my goodness... this whole journey has been such a huge gift for our family. most bladder leak pads were similar. until always discreet invented a pad that protects differently. with two rapiddry layers. for strong protection, that's always discreet. question your protection. try always discreet. mom, hurry! our show's gonna start soon! i promised i wouldn't miss the show and mommy always keeps her promises. oh, no! seriously? hmm! it's not the same if she's not here. oh. -what the. oh my goodness! i don't suppose you can sing, can you? ♪ the snow's comin' down ♪ -mommy? ♪ i'm watching it fall ♪ watch the full story at www.xfinity.com/sing2 david: it is been a december to a remember, stocks seeing wild swings with each bit of good news or inflation, the coronavirus as well but markets are still way up for the year. that was then, this is now. what can we expect in the new year? dan gill fruit, or daniel martino. good to see you all. merry christmas, happy holidays. we talked about this before, markets don't always follow the economy. is this a period where that happened? >> tough to say because it is almost harder to predict with the economy is going to do in 2022 than what the markets are going to do. i will give you a rare one as quickly as possible. originally when i send my thoughts for the segment i said we are going to go down. then i went and looked at the charts again, and the big up moved to august, then almost completely sideways digesting all the things you brought up. inflation, the delta variant, omicron, etc.. it bodes well for having a terrific 2022. i don't know about the economy. david: a lot of people know about inflation. it is tough particularly for the middle class and lower class, they can't avoid it. they have to cut back on other things. the fed, has been printing dollars in order to buy up debt, produced by congress and all that spending and the white house, is that going to stop, to monetizing the debt, the inflationary pressures come down in 2020. >> it remains to be seen, so many different sources inflation that the fed has no control over at this point. the fed has every inflation starting january 1st and it is going to be pulling back double the amount it pulled back in december so markets won't appreciate that per se but right now what used to be called food stamps. suspending by 30% at the beginning of october, that is flowing into food inflation, the most regressive of all taxes. i don't think we will see that come down, that is problematic and we are seeing inflation in housing which tends to be what economists call sticky inflation, i don't see that coming down either so these are the biggest line items, putting food on the table, roof over your head and right now there's not much the fed can do to tap down that inflation. david: one good thing from peoples perspective about the bbb not passing is we don't necessarily have to worry in the near term about taxes going up. we still have those trump taxes, can we rely on their might there if in fact biden and manchin come to some agreement and work something out could we have taxes go back to 2021? could we have clawback from the government of what we made in 2021 or can we buy on taxes not going up? >> i don't think we will see a situation where taxes go back into 2021. at what point do they actually pass something. halfway through 2022, of course they will institute the tax policy back to january of 2022 but we do have a chance of some people getting caught making decisions and not clearly knowing what the tax implications are going to be and a lot of people made decisions on their investments based upon what the tags effect is going to be so this is still us every slope. will: we have 11 million unfilled jobs in this country. some people think that is good news, so many jobs to choose from. we have a labor shortage, a lot of small businesses going nuts trying to figure out how to fill positions. don't have much time left in this segment but is that going to change in 2022? >> i think so. when propping up all the benefits people gave to people that were not employed. an incentive to not work, when those dry up if they dry up, they have already started stopping, i'm not a little anymore, i have to get a job. the number you just cited being mitigated in 2022. david: only 10 seconds, housing, what happens to our houses in 2022? more expensive or less? >> i'm hoping house prices come down and we started in the beginning of that. i hope it continues because this is a problem the federal reserve cannot handle and fiscal stimulus gone wild and helped create. david: thank you very much. have a wonderful christmas, happy holidays to all of you. appreciate you coming in. why wait for santa to deliver presents when you just take what you want. the latest on the smash and grab crime sweeping the nation. that is next. david: forget christmas gift, some criminals have been stealing their gifts all year long, talking about the spike in smash and grab crime after lenient changes in bail laws. some support of those reforms are telling retailers do more to fight it themselves but is in that like blaming homeowners if your house is burglarized? let's ask katherine kim of code one jewelry, her stores located in national city, california next to san diego. for those who don't know the story i want to show some video. your mom is one tough lady, she is the lady you see in the video. she is being attacked. she brings up a stool and uses it to save her store, hit the attackers, they were two or three of them. how is she doing? what a brave lady. >> she is doing okay. she's processed a lot of it immediately after the incident. she has been shaken up but she didn't get physically hurt. nobody got physically hurt from the incident except the two guys, one of the two guys they got hit by. david: the main thing is thank god she is safe but how much did they get away with? >> we estimate the 6-figure, a couple hundred thousand, 200, 250,000. david: you are not a big conglomerate. every -- how do you afford that. >> absolutely. still in the process of figuring out the insurance and all that. my mom and dad, my mom has some people, a couple friends come out to help out at the store, my mom and dad at the store, a family business, a setback -- >> are you going to continue. must take a lot to go back to work particularly with the loss involved, are your parents going to continue with the story? >> it is not going to close us down. we are going to continue, and a little more inventory, the holiday season. >> this is not the way american are supposed to work. san diego is not san francisco or chicago where they get away with everything but still when you face what you faced. do you have hope america is changing, people are waking up, you can't give criminals more rights than hard-working citizens? >> i'm very hopeful. thanks to the media coverage of this being a spotlight on the crime going on, i hope things change and i hope things will change. david: i think the pendulum is swinging back but please give our best to your mother and father. they are brave people, the entrepreneurial spirit is extraordinary. you come from good stock. thank you very much, merry christmas to you. crime is one of the problems facing businesses in america. finding workers, according to the latest government staff there are 11 million job openings in the us so what will it take to get americans back into the workforce in the new year? my next guest, ed ramsey, former ceo of mcdonald's, great to see you. i've got to start with the last segment which i'm sure you heard. it is hard enough to start and run your own business with covid and crime but the perseverance of these people is extraordinary. they won't give up. >> small business people have entrepreneurial spirit and are not going to give up easily. besides that, the most important asset is running the business and it occupies their time, creates profits and opportunity to buy goods and services. what choices do they have? when you're 65 years old and own a business and suddenly have a smash and grab going on it is hard to get out of bed in the morning and have oxygen about the future. we started in 2019 with this covid thing and it has disrupted businesses across the country. the intrusion into our lives has been unbelievable with schools shutting down, wear masks, don't wear masks and all the rest, puts small business people in a lot of jeopardy and makes them worry what the future is going to look like. you have situations where schools were closed. grandma is retiring from her job, helping younger daughters, homeschooled children, become babysitters. it is a very difficult market today. some big chains handle it and others don't. david: besides the problems of the pandemic and crime, we have this inflation and labor shortage to worry about. they are all related and we can get into that but the bottom line is last time we talked was a couple months ago, we had 10 million unfilled jobs, now we have 11 million unfilled jobs. what will it take to get people back to work? >> there needs to be a realization that the baby boomers are starting to retire and taking early retirement, they can't put up with what is going on. recruiting, training and management is changing radically. i have already seen it the last 12 months for companies like bite ninja, clocked in, and 25 others, platforms for managing people and reaching out but the other trend that is interesting, i don't know if it is good, bad or indifferent, but there's a lot of young people who have taken to to talk, youtube and those platforms and started businesses as influencers and gamers engaging people how to do things. i went to dinner lastly with a fellow who decided to start a t-shirt company doing custom-made t-shirts for people, very inexpensively, settle and $35 and he said it is better than being a graphic artist. there is a great seachange coming in the way people see work and how they go to work and all traditional ways of doing business are over. we've got to get more creative in the business world. david: an optimist way of looking at things. inflation is something, almost impossible to adapt to. that will drive people out of business. how much inflation is a result of the pandemic? and the labor shortages are result of bad policies? >> i lived through this in the 70s and 30s with carter and nixon and the rest of that. it is the same thing. the price of gasoline started it off. when you take $2,500, to $3,000 out of disposable income of a family going to work, that means cut down on a lot of other things. think about this. food away from home was $3,500 of the family's budget, you pay that much additional for gasoline, that causes jobs to deteriorate because we don't need servers in restaurants, don't need them in grocery stores and on top of that this trucking crisis, we don't have stuff to sell every day. amazing what is going on. it is bad policy. don't care what anybody says, bad policy. david: wholesale prices are almost 10%. that's what a lot of restaurants are dealing with so we may have double digit inflation. have a wonderful christmas, thank you for your expertise as always, pleasure to have you here. santa left a lot of gifts for you under the christmas tree but the best gift might be the value of your home. will the house party continue is a bubble about to burst? ♪♪ take me home ♪♪ to the place i belong ♪♪ west virginia ♪♪ take me home ♪♪ country road ♪♪ ♪♪ carl, say hi to nina, our schwab financial consultant. hm... i know how difficult these calls can be. not with schwab. nina made it easier to set up our financial plan. we can check in on it anytime. it changes when our goals change. planning can't be that easy. actually, it can be, carl. look forward to planning with schwab. schwab! ♪♪ david: new and existing home prices have gone through the roof, great news for homeowners, not so much if you are a homebuyer. can we expect more of the same in the new year? founder and luxury real estate specialist katrina campos joined me. have prices hit a ceiling or is there room to grow above that? >> at the beginning of the pandemic, i shared that i believe real estate was going to drive us out of the recession. a lot of people thought i was nuts at the time of the reason i thought that is because people have reevaluated the importance of home, and because we have so much more equity in our home this time around. this has nothing to do, the perfect recession was a perfect storm. this is 100% different. we have low supply, high demand, builders encountering supply chain issues so they can't get products into the market. millennials who have entered the market to a degree that we always -- never expected before. prices skyrocketing. i do believe interest rates will increase into the next year but we have to put things in perspective. interest rates are extremely low. it makes sense to lock in the interest rate, this is the way people have evaluated it. >> david: i want to specific on this. they go up as they do in 2021. >> they will continue to go up, prices will go up. >> supplies of new homes, lumber prices and labor costs are skyhigh, isn't it easier to buy an existing home. >> many sellers want to sell but they have nowhere to go. you do have empty nesters because they will downsize but the biggest challenge becomes where do they go, and the taxes get reassessed when you purchase a new home. if you are buying a new home you gain more taxes. people want to sell and don't know where to go and give and take, but i do believe more sellers put their house on the market in the next year. david: i have to mention a lot of people from blue states are moving to red states. the weather is nicer in texas and florida than new york but is there still room in florida? is there room in these red states that are more attractive tax-wise? >> i was born and raised in florida. i have never seen so many people migrating to florida and i thing it will continue. people have reevaluated the importance but technology allows them to be in florida more so than ever before and texas as you mentioned. the migration will continue and the last point is we haven't seen the corners come in so that will create more demand and we have supply issues. people will migrate to these low tax states, set up a residency and enjoy life and that will continue into next year. david: the weather and low taxes will certainly draw. have a wonderful wonderful christmas. thanks for being here. it has been a tough year but the holiday spirit remains alive and well at fox. we will show you what i mean next. ♪♪ right down santa claus lane ♪♪ he's got a bag filled with toys ♪♪ for boys and girls again ♪♪ here those sleigh bells ♪♪ jingle jangle ♪♪ what a beautiful site ♪♪ santa claus comes tonight ♪♪ just because of this. (woman) wow, that's something. (burke) you get a whole lot of something with farmers policy perks. [echoing] get a quote today. ♪ we are farmers. bum-pa-dum, bum-bum-bum-bum ♪ what do we want for dinner? burger... i want a sugar cookie... wait... i want a bucket of chicken... i want... ♪♪ it's the easiest because it's the cheesiest. kraft. for the win win. xfinity rewards are our way of thanking you just for being with us. enjoy rewards like sing family fun nights! rent sing for $1 then belt out all your favorite tunes from the movie with sing karaoke. plus, see sing 2 in theaters with buy-one-get-one free fandango tickets. join over a million members by signing up for free on the xfinity app. our thanks. your rewards. david: the season to spread holiday cheer, he has been doing that, for 25 years on fox, here's proof. david: absolutely. neil: i am already selling the bird. you remind me of that character in austin powers. omar, you didn't do that. >> let me. >> neil cavuto is the gentleman's name ♪♪ the swinging cocoa cat at the top of his game. neil: looking after evil senators in washington. the world's fastest reader and we are sad to report, confused, we don't know. he is reading the max baucus measure. >> in an uncomfortable chair. here is that look again. >> feel at home and comfortable. >> there is not a hat big enough. >> look how many sins i was forgiven of. i know there is a few you have committed. neil: is it getting hot in here? >> got to demand it. do you give them the business? stop bringing business in. >> if you order tonight, elon will make you dinner. >> to run for president, there will be a pineapple in every pot. everyone, pay no attention to the man behind the curtain, don't pay attention to that. neil: the beautiful part. >> i could understand it. >> people say i don't want them to drag this. he doesn't give simple answers. bill: don't know how you put up this noise. >> both parties and both houses are spending like drunken sailors. bill: how much money did you make sitting down with me? >> it is really that good. >> the relation to my body. >> i lowered when i don't need it as much and it opens my door. it opened my garage door. neil: we interviewed the president of the united states. you got more emails and buzz promoting this interview then he did. >> i feel pretty good about that. i want to see you smiling when your taxes go up. bill: is that the key? these are not easy work outs. when you work out you do it every day. two or three weeks off and every day or every other month. the ring you are holding up, 67 grand. i tried to feel that, i tried to steal it from you. you wouldn't let me. obviously one mad prize. >> how much do you build in these things? that is all you have. you put your name into them. >> the nasdaq has legs. i took my phone and pushed it on the buzzer. bill: you got to be kidding me. >> i heard that in the supermarket. neil: when you hear you are 82 years old i can't believe he is 82. how do you do that? >> it is genetic. keep your self open and find yourself a $1,000 stock. neil: you are talking sports. there is no way you can fit in this. >> i can fit in this car. >> i was surprised myself. bill: like my answering machine. how are you? >> doing well but unfortunately neil cavuto is driving in his rolls-royce along the beaches. neil: i have to win. >> you need to make a music video, make it high-class or something like that. neil: everyone shake their hand. i thought it was because i was here. >> when they wave at me, i do. we have your picture. ♪♪ david: so much cheer over the years and we plan to keep coming up. thanks for joining us today and all year long. we wish all of you a merry christmas. keep it here for all the latest news. ♪♪ may your hearts be light ♪♪ in the year our troubles will be out of site ♪♪ ♪♪ anita: a nationwide covid spike may ruin holiday plans for many as airlines ground flights over christmas weekend. merry christmas, everyone and welcome to fox news live. i am anita vogel. griff: hello. many travel to see loved ones. businesses across the country including broadway shows and sports games are shutting down once again as another