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FOXNEWS The Faulkner Focus July 7, 2024

wanting to raise the taxes on working families by an average of 1,500 a year. put medicare and social security, medicaid social security and medicaid on the chopping block every five years. every five years they will no longer exist unless they vote them back into existence. i disagree with that. what in god s name are they doing? i ll work with everyone who has real solutions and real savings for the american people. not take money out of their pockets. now, the other element i like to address that has impacts on inflation is to lower the deficit. the reason this matters to families reducing the deficit is another way to ease inflation. my friends the republicans like to paint me as the big spender. let s look at the facts. facts matter. under my predecessor the deficit exploded rising every year he was in office. under my plan we re on track to cut the federal deficit this year by 1.7 trillion. hear me now? this year by 1.7 trillion. that s a fact. the largest decli ....

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FOXNEWS The Faulkner Focus June 4, 2024 15:09:00

Unemployed americans. if you do the math, that s nearly two jobs open for every person looking for work. let s bring in steve forbes chairman and editor in chief of forbes media. what do you make about the numbers? sounds like job growth was higher than expected but lower than last month. talk to us about those numbers and tell us what kinds of jobs are open, too? let s get into that. the jobs report wasn t bad but it underscores how slow the recovery has been from the lockdowns of 2020 and part of 2021. and unfortunately the biden administration has been putting barriers in the way of this economy recovering from those lockdowns starting with energy. in terms of job openings you talked to restaurants and small businesses they want more employees. having to pay more for that. but at the same time you have another paradox, a lot of large companies especially retailers are noticing that spending has ....

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CNN CNN Newsroom With Ana Cabrera October 8, 2021 17:09:00

Is actually in large part due to americans dropping out of the labor force. that means people who are unemployed who essentially give up on searching for a job and nothing about that is good, and yet we saw the president there talking about the fact that unemployment rate has dropped to 4.8%. you heard the president say jobs up, wages up, unemployment is down. he said that is progress. what we also saw the president do, of course, there was talk about the fact that in order to further that progress he needs the rest of his agenda passed and that means the infrastructure deal. that means the the budget reconciliation bill which would expand the social safety net, address climate change issues as well. of course, on that front, it s not really a question of getting republicans on board. it s a question of getting the democratic caucus to be singing from the same hymn book here, so, again, it was interesting to see how defiant the president was in the face of what economists are general ....

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CNN CNN Newsroom With Ana Cabrera October 8, 2021 17:12:00

That he has joe man season and they don t see eye to eye on how big the social safety net bill should be, and i think that s been one of the reasons that you saw the president trying to set reset today at this speech, trying to say, yes, this jobs report may not have been what we had hoped for, but there s progress. there s a way forward, and democrats, i m look at you to help me out here that the president game. we ll see if that comes through. thank you jost. joining me now is justin wolff, professor of economics and public policy at the university of michigan. i would like to pick up your thoughts of what we just heard from the president. do you agree that this report is about progress and moving forward. maybe not as much as he would ....

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CNN CNN Newsroom With Ana Cabrera October 8, 2021 17:08:00

Back. jeremy diamond, let s start with you. president biden not focusing too much on the details of that report which were not exactly glowing and instead to really push his agenda. yeah. you know, erica, what real struck me the most is frankly how combative the president was in trying to defend his economic record and what this jobs report actually shows. in the past we ve seen the presidents acknowledge that a jobs report wasn t perhaps as good as he had hoped, talked about the fact that ultimately in the long view of things we are seeing progress. today we saw that last part, but it was much more combative. the president talking about a lot of noise in washington but ultimately urging people to look at progress, progress, progress, and what he also did i is he talked about that unemployment number and really honed in on that and that was the beginning of the remarks talking about the fact that this is the first time over a year we re seeing unemployment of 5% and what the presiden ....

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