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FOXNEWS Fox News Live July 7, 2024

white house and peter doocy in saudi arabia. peter, we ll start things off with you. and here in saudi arabia, the leaders of telling president biden they can help expand their oil production capacity, but only a little bit. so, if president biden came here thinking he was going to get saudi arabia to increase their oil production capacity so much that it might lower gas prices back at home, he s leaving emptyhanded. in this era, announced increase of the level maximum sustainable capacity more than 13 million barrels, beyond that the kingdom will not have any further production capacity. so, what this means, they can expand to 13 million barrels a day max, but they re already at 12 million barrels a day capacity. at most they could add the same number barrels a day the president is selling from the strategic reserve and that s not really lowering prices a ton. so, it s unclear at this point if the president was overselling what he said he squeezed out of the saud ....

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FOXNEWS Fox News Live June 4, 2024 17:32:00

Road blocks for president biden s spending plan as the country struggles with rising inflation and soaring prices. joining us now to weigh in catalyst pig.com founder jonathan honeck, jonathan, thank you for taking the time. joe manchin is one democrat that says hold on, you show me decreasing inflation and then i will get on board with more tax increases with more climate change legislation but for right now, hold on there. why are not more democrats sounding that that same rhetoric. griff, they are ignoring and it s government spending and expansion of the money supply that s caused the inflation and it is reckoning the economy, don t take my estimation, even jp morgan jamie dimon citing ....

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FOXNEWS Fox News Live June 4, 2024 17:33:00

Economy and americans are hurt, they are being hurt by the inflation and being hurt by the economy. in fact, 65% say that we are already in a recession and now 60% report that they are living paycheck to paycheck, whether or not the federal government, whether or not the democrats want to admit it inflation is having impact on everyday americans. griff: let s show the number that we have been showing, 9.1% when president biden was inaugurated it was at 1.4%. eggs up 23%, butter 23%, gasoline up 59% and airfares up 34%. pretty much, jonathan, anything that you can put your wallet out and pay for is up. yeah, that s the hidden cost of inflation, griff, it isn t that we are paying more but investing less. the economy runs on production and not consumptions and americans are eating into their savings and piling on credit ....

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