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three republican in the house and karl rove will also weigh in. sandra: big show coming up. first, fox news alert. move to the federal reserve that could impact every american. standing by for a major decision that would be the biggest interest rate hike in nearly 30 years. ok, we are waiting for it. hello, i m sandra smith in new, i don t. trace, great to have you. trace: you as well, i m in for john roberts, and this is america reports. fed decision will be a dramatic attempt to cool down the economy, increasing rates would make everything from a mortgage to a business loan to credit cards much more expensive. all this as president biden continues to deflect on inflation. refusing to take responsibility for the administration s role in skyrocketing prices. sandra: the u.s. has a higher inflation rate than many of the other major economies and the white house is promising a new messaging on the economy strategy with democrats ahead of the midterms. we ll dig ....
We will hear from the girl and her mom this morning at 7 20 eastern. Eric holder is making new announcements. Is he adding fuel to the fire . Log on for his debate. Fox friends starts now. Bye. Good morning. It is tuesday, december 2. Im elisabeth hasselbeck. It was a meeting of the protesting minds. President Obama Holding discussions on the ferguson fallout at the white house all while launching a plan to retrain cops on the taxpayers dime. Thats you. Is this really the answer . We report, you decide. Why is al sharpton there . Meanwhile the president threatens to shut down the federal government if republicans the bad guys do not fund his amnesty action. But how much will that cost us . Were crunching the numbers straight ahead. Moses an inspirational icon in nearly every major faith but hollywood actorChristian Bale wonders if he was more like a terrorist. And if we shoul ....
Corporations and undermining the mom-and-pop shops. he could not wait to publicize his mandate that fast food workers get 20 bucks an hour. he s not quite as motivated to publicize the fact that his mandate has now cost 10,000 jobs. 10,000 workers who would gladly go back to 16 bucks an hour because at least they be working. rubio s tacos, born and bred in california now closing 48 golden state stores. they are closing over money, but hundreds of california businesses have shut down because of crime. but they think now is a good time to cut hundreds of millions from state justice. that s cops, prisons, prosecutors. how did that defunding thing go last time around? now some retail chains wanted their employees to wear body cams to patrol the stores. who needs a cop when you have a camera? maybe instead of going after fox had newsom should watch fox. you might pick up a trace of common sense. ....
Sell 93,000 sandwiches in a month? in a year. i just wanted to correct you. in a year. steve: 16 bucks, it s just bacon, couple of pieces of bacon, some lettuce and tomato. how much does that cost? as it turns out the ingredients are 5 bucks, right? that s correct, yeah. steve: got your rent of a buck 50. let s go to the far side, operational cost 250. operational costs 2.50. the labor, the cost to put that sandwich together costs you almost $5. our labor has gone up 30% in the last three years. steve: all right. over the last three years. brian, it sounds like this all started with covid. it did. when covid hit, of course, everybody quit and got their extended unemployment. it was very hard to get people back. we had to pay more and more and more to get them. we hire people right out at high school at $33,000 starting salary with literally no experience whatsoever. so, it s incredible what we pay in salaries now. ....
With unlimited cellular data and up to 4 hours of battery back-up to keep you online. only from xfinity. home of the xfinity 10g network. steve: all of us are still feeling toasted by the effects of inflation especially when it comes to going out to eat. one atlanta restaurant patrons are looking at the menu and says a bl. it is 16 bucks. looks delicious. our next guest credits rising restaurant costs for the price hike and says he would have to sell 93,000 sandwiches in a month just to start just to starts making a profit. how does he do it? will restaurant s investment group founder brian join us now from atlanta. good morning to you. good morning, guys how is everybody doing this morning? steve: doing okay. my jaw just dropped you have to ....