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FOXNEWS FOX and Friends June 4, 2024 10:54:00

Pumping a whole lot of money. those things are not going to go away. they are absolutely insidious. raw material. higher wages, an economy where people don t have to work. they have the luxury of tell employers, small employers particularly no thank you. i will stay at home and make more money. it is insidious and now we toss another 3.5 trillion into this caldron, the irony, of course, the same people are saying no thank you, i will stay at home, they are making more but it doesn t go as far. i want to point one thing out. this year, wages have gone up every month until you factor in inflation. month over month, every single month this year, wages, real wages in real life have gone down. steve: absolutely. during this pandemic and then when you look at something else we were just talking about in the introduction about how top some of america s biggest cities, america s three biggest cities all lag in job recovery whether it comes to l.a., new ....

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FOXNEWS FOX and Friends June 4, 2024 10:53:00

Will continue. steve: well, that s not good. charles payne knows that he is the host of making money on fox business. he joins us now. what he ken langone is talking about the democrats would like to pass $3.5 trillion wish list, he says that would be just like throwing 5-gallon can of gas on a fire. well, he is absolutely right. and we all feel and see that fire. and i guess, listen, the democrats understand this as well as anyone else. let s just talk about inflation, right? you have two types of inflation. i want to help the audience understand what is really happening here. one is what thee they call demand. when demand goes up. economics 201. too much money facing goods. this thing happening with the biden administration is making this worse. government spending is one of the major issues demand. inflation expectations and more money in the system. we know the federal reserve is ....

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FOXNEWS FOX and Friends June 4, 2024 10:52:00

Historic levels. according to gas buddy the average price is $3.16 a gallon. nearly a $4 higher than it was a year ago and the highest price in more than six years. and apple tops another financial list. fortune ranks the tech giant as the most profitable company on global 500 list for the 2020 fiscal year. it brought in a profit of more than 57 billion beating out saudi saudi company held the spot for two years. steve? steve: thanks, jillian. large democrat cities are lagging behind in job recovery. chicago, new york city, and l.a. all hitting hard on that list. and with rising inflation across the country, the co-founder of home depot says this can lead to trouble. i m worried about the little guy right now. the little guy is the guy who is going to get it in the neck. this inflation is not, in my opinion, is not transitory. this inflation is basic and it ....

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FOXNEWS FOX and Friends June 4, 2024 11:08:00

June, the top concerns were jobs and the economy. but, here, they are saying the top concern is covid. that was the most important issue facing our country. pete: steve, you put that in important context. 10% is a big drop in that period of time unless your strength has now been turned into mother of a weakness. steve: bulls eye. border chaos inflation, crime, critical race theory, censorship, there is lots of issues out there. many of which people are already frustrated about. code, the one thing he was supposed to deliver on is chaos and confusion there you have it. 62 to 52. steve: nonetheless, they are already trying to raise money to get democrats elected for the midterms. joe biden had a virtual fundraiser last night for the dnc. i don t quite get how you can have a big fundraiser other than people are looking for a tax write off because the tickets for this zoom call were they had three levels. $36,000 to be on the zoom. $50,000 to be on the zoom. ....

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