So there is no way back for the conservatives? no way back. callaghan s devaluation in 1967 led to a series of crisises. - nine years later, he had to go to the imf for a loan, - which was the most humiliating experience at the time, - and sure enough, the pact with unions did not hold, i it collapsed, and two years i later, margaret thatcher won. same with jimmy carter. famous american malaise speech ofjuly 79, when he seemed - to blame the economic- difficulties on the american lack of spirit and community values and so forth. - the country came back - and showed him where the fork laid, and that was when reagan came, with absolutely - unending glory for him. i fear therefore for- the current people in power. they can count their days to i their final descent from power. ironically, they think of themselves as the inheritors
To go through with that, arguing it s going to drive up gas prices, the cost of energy at home. do you think americans would accept paying more at the pump in exchange for punishing putin? i think in this case, they certainly will, and i think it s incumbent upon not just the president but other leaders in congress to explain to the american people why they have to make this sacrifice. look, all you have to do, alex is turn on cable television, look at your phones, facebook, a social media platform to understand the humanitarian crisises that ukrainians are facing over there. even though we are a divided country politically, i think we are united in many ways in the human spirit about wanting to help our fellow people who live in a democracy, so i think it is important for our leaders in this country, elected leaders, especially the president to explain why we may have to have higher gas prices. i think president biden has already started to do that a little bit. but i think in this
This delta variant wave of covid-19 from shutting down our small businesses, our schools and our society. you know, when we first got to office, covid-19 crisis and economic crisises with unrelentless and devastating for people. as a nation we didn t have the tools to deal with either. nearly 4,000 americans were dying each and every day through the virus. 4,000 a day. the economy had been wiped out. we were down 10 million jobs from where we were before the pandemic. we were in a dark winter. with real concerns about what spring would bring. but then we got to work. we passed the american rescue plan sharortly after i was swor in and rebuild our economy and produced results. to beat the pandemic, we ramped up testing and protected equipment and we brought we
Leaves off. you cover the markets, do they share the optimism that larry kudlow shared in that sound bite. that s what happened in the bomb market and it is as signal that a recession is coming. we had the 2008 financial crisises. when investors saw the inverted yield curve, there was a massive sell-off. to that point julianne as well. i want to get your thoughts. larry kudlow is trying to strike optimism. i don t know anyone have a fear of optimism. are we over reacting as a society to what should be an optimistic outlook? not at all. he s beating that s what he s
Protected this man. it s a dramatic scene. the points you re making about taiwan, i was in the strait in the 90s, the last time there were live fire exercises across the strait. we sent a carrier group. i went half a mile away in the south and watched how in the middle of one of the worst crisises i guess that was the worst military crisis potentially between the mainland and taiwan in decades, the american fleet was in the middle of it. there were fishing expeditions back and forth across the strait because the southern mainland fishermen and the taiwan fishermen and these villages were exchanging fish in the middle of the waters to go back to taiwan to be traded and to be consumed there.