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moment, but first, president biden in south korea today where he is issuing new warnings to china and north korea. jacqui heinrich is in seoul with the very latest. reporter: good morning to you, david. in case the subtext of the president s trip was not clear enough, he wrapped up his final full day in south korea with a not so veil ised warning the china that they better not invade taiwan, or they ll face at least the same treatment that that russia is getting over its invasion of ukraine. our alliance between our countries is built on shared sacrifice. our joint commitment to the freedom of the republic of korea and our opposition [inaudible] reporter: before his state dinner with south korean president yun, biden sopped to sign a $40 billion aid package funding ukraine s military, having that bill flown to the other side of the world for his immediate signature so there ll be no lapse in funding. the moment underscoring alliance after china buzzed taiwan wit ....
They re now less than 1%. so maybe he s just talking his book in order to give him running room to raise rates, i don t know. what do you think? i really do think that. bear in mind, fed officials, they have to be public relations standard bearers. they cannot say we re going into recession. i worked there for almost a decade. it s against the rules. so he can t really say what he s actually seeing. but if if you look at jobless claims, since march 19th they ve risen by 31% off of their lows. americans expectations for rising unemployment, that is up 15 percentage points, 80% of the time in data back to 1978. the economy s already been in recession when americans perception of the jock market is as down job market is as downed as it is today. at some point fed officials will have to give into the actual data that are stare ising them in the face. i don t know when that s going to be. we only were at 2.5% on the fed ....
Fed their kids, bought homes, made enough to send their kids to college, buy a second car. building something they could see, not just figures on a balance sheet but a ship they could see, smell and touch. that was a clip from the company men a film about corporate downsizing and its devastating blow on white collar workers. it s out in theaters today. and here to talk about the movie and the jock market is actor tommy lee jones in west palm beach, florida and here on the set, the film s director, screenwriter and producer, john wells and with us at the table, host of msnbc s last word lawrence o donnell. let s start with you, john. ....