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FOXNEWS Your World With Neil Cavuto June 4, 2024 21:23:00

Bottom up in the middle out. that s what the president said he would do when he got here with shots in arms and checks in pockets from the rescue plan setting up this amazing labor market recovery that you and i have been talking about. as an economist, all i can do is keep my head down and build on those successes. that s what we re doing. you ll hear tonight, the president is not talking about sitting on his hands and looking backwards after the great successes i ve been ticking off to you. he s talking about continuing to implement the bipartisan infrastructure plan. the inflation reduction act. standing up a clean energy, electric battery sector, standing up semi conductor production in this country, reinvesting in our public goods that have suffered decades of disinvestment. that s the only way we know how to move forward meeting the needs of the american working class. we ll continue to do so. neil: we got that fog just nicely. thanks, jared. good seeing you. top economic advis ....

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FOXNEWS Your World With Neil Cavuto June 4, 2024 21:20:00

You ve had inflation coming down six months in a roy and the price of gas about $1.55 below where it was in its last in its peak last june neil: gas is moving up again, jared, as you know. the last few days not quite right. neil: it s not a home run. it s down from what with us. let s talk up all of those points. some of them i want to deal with. none of those numbers i just ticked through i didn t mention 2.9% gdp growth in q-4. none of those numbers is co consistent with a recession. 3.4% unemployment. not a recessionary number. 517,000 jobs last month. not a recessionary number. inflation down six months in a year over year rate. you raised a good point. 6.5% year or year inflation is too high. that s down a few percentages from the month before. that s the year of year number. if you look at the monthly ....

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MSNBC Morning Joe June 4, 2024 10:34:00

Among others have said, well, we ve got as many jobs as we can want. low unemployment. inflation too high. that s right, prices are unavd unaffordable for many people. what is that number, sully, going to tell us whether we re in a recession or not? it s going to you nailed it, there s going to be a semantic argument. i m sure republicans, we re in a recession. janet yellen is on the talk show circuit. we had jared bernstein on, an adviser on cnbc saying with washington, that doesn t really matter, we know the economy is strong. forget about the technical definition of a recession. right? and so there will be this fight. it s such a weird time, coming out of the pandemic, because, for example, yes, the unemployment rate is way down. but at the same time, the unemployment rate only measures people looking for a job. ....

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Detailed text transcripts for TV channel - MSNBC - 20140703:18:55:00

the cycle is up next. what have you got going on? we ve got a big show today. the latest on hurricane arthur barrelling up the coast. what that is going to mean for the holiday weekend. we have jared bernstein on to duke it out. we are spinning on that facebook post that everyone has been talking about. do we have any privacy anymore? we re going to talk about what that means legally. we re going to talk about hot dogs. we have this great book man bites dogs. hot dogs and facebook. go on. i ll be ranting about the culture in silicon valley. you said hot dogs and my mind went completely crazy. the cycle comes up next. off the beaten path: he said ....

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