has driven up gas and food prices all over the world. we saw that in yesterday s inflation data. what people don t know is that 70% of the increasing inflation was a consequence of putin s price hike because of the impact on oil prices. 70%. we need many, we need to address these high prices and urgently. paul: let s bring in kevin hassett, he s former chairman of the president s council of economic add a visors advisers and a distinguished visiting fellow at the hoover institution. kevin, welcome. so i m, i ve always thought vindication is overrated especially when it regards to predicting bad news, but, boy, have you been vindicated [laughter] predicting inflation from a year ago. what were you looking at even nine months ago that the administration expect if ped missed? and the fed missed? right. basically, it s supply and demand. the problem with democratic economists and politicians is that they re sort of command-only economists demand-only. they re keynesians.
with you. an amazing program and thank you for introducing us to adrienne and care portal.org. fox news alert. president biden is facing an angry revolt in his own party as he considers using executive action to restrict asylum claims at the border after three years of turning a blind eye to the out of control migrant crisis. this is quite an amazing story and admission of defeat from this white house. welcome to a brand-new hour of america s newsroom. i m dana perino. bill: he is a great guy, isn t he? i m bill hemmer good morning at home. the crisis touching every aspect of american life. it has brought a lot of chaos to communities large and small from coast to coast. now a sign of concern he is about the impact come november the president is considering major executive action after claiming over and over his hands are tied and putting the blame on congress and republicans serving there. [inaudible]. president biden: they need to give me the money i need to protect t
tomorrow s primetime hearing. and new reporting on how donald trump had the secret service scrambling on the day of the capitol attack. also this morning, the top headlines from last night s midterm election primaries that may serve as a warning to democrats. yeah. some democrats. willy, you know this better than anybody, when brilliant minds visit our show, who do they quote? churchill, lincoln, aristotle, jesus christ. okay. of course more dorchester the british governor of quebec if it s jon meacham. willie, that s another story for another day. today we want to open the vault of deep thoughts in service to our progressive friends on the occasion of yet another setback on the issue of permissive law law enforcement. the san francisco d.a. got recalled last night perhaps the most progressive city in america. as we said last year, you said it time and again, democrats one of the most liberal cities in the east coast, one of the most liberal cities in new york elected