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FOXNEWS FOX News Sunday June 4, 2024 06:06:00

Talents in this economy a lot of strength. when president biden just said on the tape you played the u.s. is uniquely positioned to do two things to ease the price pressures we face which are very real. you correctly referencing right out of the gate. we call them like they are squeezing family budgets while maintaining these economic gains. that is our mission we believe we can accomplish that. wish i think the probability of a soft landing is good. shannon: in the wall street journal we talk about q1 and q2 next year to also be negative territory. would you concede then? a lot of people use the definition to bad quarters, negative action equals a recession. you re saying we are not there right now. if we went through continued negative quarters to the first half of 23 with jew then admit we are at recession? first of all it s not up to the white house a call recession. that is called late academic group. shannon: but you gerrit bernstein. asked me the same when the ....

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FOXNEWS FOX News Sunday June 4, 2024 06:29:00

Cosponsor as a born live act which says it if a baby is born alive outside the womb you cannot murder that baby and called abortion. which by the way that is legal right out states like new york. there are states it was still allowed to kill the baby after it is poured alive. i think most americans including people who identify as pro-choice think that is radically extreme, do not want that to be the case but that s where democrats are right now but by the with the also want those abortions paid for by taxpayers which is also an extreme position. they are the ones extreme on this. they keep trying to talk about is backfiring on them paid by the way people are talking about high cost of everything. they re not looking at the democrats agenda saying they want more of it. not in a liberal road but in the socialist road tour proposing an alternative. shannon: did you sign is a ....

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FOXNEWS FOX News Sunday June 4, 2024 06:10:00

Is this administration doing what we need to do to help ease those pressures? remember these are global price pressures. the global suggested she just cited are worse in the europe and the uk. inflation is higher they are. shannon: not necessarily not in france. okay but in the eu in general i know inflation is double digits there. and the uk as well. and the reason is because they are more exposed to energy. we just went through some those energy numbers. but i think what you have to ask yourself, shannon, really more portly the people you re talking to have to ask is do we have the policy set customer is the fed doing what it needs you to ease the price pressures? you know the inflation reduction act passed. this is a measure that lowers prescription drug costs. that lowers the cost of insulin for that lowers the cost of medical care. there are 13 million families would pay $800 less per year if ....

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FOXNEWS FOX News Sunday June 4, 2024 06:07:00

Group i m talking about. retail sales payroll employment, consumer spending, industrial production all of those have not been flashing red all those are not in recessionary territory for your asked me too look around the corner and say where the economy is going to be have got to tell you everyone s crystal ball is a bit correct right now. i think the uncertainty out there makes it tough let s talk about energy which is so key here. you mentioned here yourself. in this consumer price report were prices were no question elevated to a point family budgets are squeezed. gas was down 5%. in fact the price of gas and fell about one third in the third quarter of this year. now, remember it peaked out north of $5 a gallon last scene it was $3.89 i know i checked this morning. shannon: so did i. is 14 states with the gas of 350 or below. that is in progress and it relates to present boyd s release of oil from a strategic reserve. state how long it would do that affording bones of burials at ....

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