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Transcripts For FOXNEWS Your World With Neil Cavuto 20240707

much right at the moment. not necessarily feeling it right now, but in the future, i have big plans. if interest rates go up on the home mortgages, i could be a little screwed there. i m in the corporate world. it s concerning. with the prices going up, we cannot afford sometimes what i you know. so it s hard for me. have to pinch here and there. still living our life. neil: the white house learning what americans knew all along. we re indeed in a recession. the economy pulling back as prices refuse to let up. stocks ignored this and moved up what is really up? we re going to talk to senior economic adviser, gene sperling in just a moment. this is neil cavuto and your world. first to edward lawrence at the white house on how all of this is being digested there. edward? the president confident that we re not in a recession. we re hearing it from everyone in the administration. don t look at the gdp numbers. look at job growth. in fact, the jobs that the adminis

Transcripts For FOXNEWS The Five 20240707

trying to redefine recession? we are not redefining recession. greg: president biden s prediction there being no recession lasting about as long as kamala s doomed presidential campaign. democrats are pushing more massive spending for some reason, to get us out of it. biden is brushing off the bad economic news while claiming dishing out $700 billion for things like fighting climate change and that will actually lower inflation. chairman powell and many of the significant banking personnel and economists say we are not in a recession. we created 9 million new jobs so far as i ve become president. businesses are investing in america and record rates. the inflation reduction act will add another $370 billion in clean energy tax credits and reconciliation. that doesn t sound like a recession to me. greg: now that biden s prediction has flopped, democrats and the media are getting on the same page to try to convince americans things aren t that bad. we have to remember

Transcripts for FOXNEWS The Five 20240604 21:00:00

neil: also a hot political month. thank you, chad. cool as a cucumber, i appreciate that. most of the technology stocks have reported after the bell, there moving up. all of them except intel which disappointed enough to say we can t buy on that one. for the most part they are buying everything else. here is the five. greg: i am greg gutfeld along with rosanna scotto, geraldo rivera, jesse watters, and a cheese doodle is her swim noodle. dana perino. the five. we are not going to be in a recession. we are not going to be in a recession. the evidence is strong we are not in a recessionary period. not consistent with an economy in recession. why are white house officials

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