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not ones to write home about. 11.3% is the jump in wholesale prices from a year ago and came in lot steamier than economists predicted coming off the you know what it feels like when you buy things. consumer prices are up substantially. fastest pace we ve seen since 1981 back in reagan years. you have to go to art laffer to find that out. white house points out wages are up. here is the deal. wages aren t rising at the pace of inflation. you look at a pay cut of 3.6%. if you crunch the numbers inflation is costing the average american household $500 a month. setting on fire every single month because you aren t getting anything for that $500. bill: questions now including this how did we get here? many economists blame out of control government spending along the way. democrats are passed more than $3 trillion in new spending under president biden and they aren t taking their foot off the gas as they look to revamp build back better. let s go to mark meredith ....
we will not, let me say it again, we will not allow iran to acquire a nuclear weapon. john: tough talk as iran emerges as a big focus of his middle east trip. sandra, hello do you again. sandra: hello to you. israeli prime minister and president biden signing a joint declaration, pledging no nuke for iran. john: israel urging the united states to put a deadline on the talks and threatening the use of military force. iranian president reportedly firing back shortly after that saying i tell the americans and their regional allies the iranian nation will not accept any crisis or insecurity in the region and that any mistake made in this region will be met with a harsh and regretable response. sandra: the biden team set to head to saudi arabia with a list of goals in hand, with energy security topping the list. officials say they should be looking state side instead. we think texas is a lot closer than saudi arabia and president biden does not need to be trave ....
The council on Foreign Relations hold a discussion on u. S. Defense priorities around the world and the role of military forces including the army, space force, marine corps and air force. They focused on u. S. Preparedness and Nuclear Strategy. The Panel Discussion runs one hour and 15 minutes. Good evening, everybody and welcome. Im president of the council on Foreign Relations and its a great honor and privilege to be here for the robert mccue in and out of serious on military strategy and leadership with the u. S. Service chiefs. We have in addition to this room over 350 members and this Series Features prominent individuals from the military intelligence communities and generous gifts from rober ....
Mike rogers said we havent seen the terrorist attack that we havent talked about it for 15 years now. Theres lots of reasons for that. But theres a lot of vulnerabilities, and actually have a major impact not in the u. S. But also around the world for not finishing touches for the United States and the private sector is part of that. You know, in dod my job is to worry about the big cyberattack him cyberattack, but i also worry sometimes when they do things that impact the centers of gravity for the u. S. , which is the i. T. Industry in Silicon Valley and cybersecurity we need to think a lot about that. It makes it even harder because you want to make sure you are not hurting the economy and one of the Great Centers of gravity. Okay, thank you so much eric, john and chris. We will have our next panel soon. [applause] thin ....
Important things at that time. Much more to get to on that. Welcome everyone. I am neil cavuto and this is your world. This is a day where we reflect on where weve been and right now with a virus where we are going. First, we went to get the read of whats happening in new york with lower angle. Many are going to those speeches. We had a very slow start this morning. It was cloudy and cool. As the sun emerged, so have the people and the great experiment has been on. The people be able to socially distance as they have been asked to do for months once they hit the sand . We have seen a little bit of both as we take it to her across the northeast and around the nation along some beaches in the northeast, weve seen people out and about getting around the sand. Some abiding by the rules, others getting too close for comfort. There was this group of people they returned a hard note on the social distance challenge. Check out this pool party in ozark so the weekend with hundreds of people goi ....