india and other countries are helping russia economically. john: and the ruble has bounced back. made $19 billion since february 24th on selling oil and gas to europe so they are leaky, and he said sanctions work but they have to be firm. also said he believes sanctions would have worked better earlier, tougher, and john: but they were never meant to deter, what were they, i can t remember. he s careful not to get too critical of president biden. he s very thankful of the support of the u.s. but in multiple answers he went down that road about the u.s. could be doing more in the big picture. sandra: you need to stop the interview in the fighting, crossing the reuters wire, odesa says three rockets have hit the presidential region, three casualties, it continues, every
picture. welcome to a second hour on this friday afternoon. john roberts in washington. inflation is soaring as prices for food and fuel is sitting at record highs. just yesterday, the president ordered the release of a million barrels of oil each day for the next 180 days. analysts point out the release will not even cover two weeks use of normal oil consumption in the united states. republicans also say the timing is nothing more than a political stunt as the move is set to expire just before the midterms. sandra: interesting. larry kudlow is here to give us his take in just a moment. john: first to the white house, and jacqui heinrich has the news out of there. we talked to the president briefly this morning, he spoke about eight minutes, commenting on the jobs added in the month of march, and he notably did not
exacerbate across the border that is besetting not only border states but impacting people all across this country. i saw some estimate the other day that right now we have about 7,000 people crossing our border illegally every day. that s expected to go up to 18,000 if they repeal title 42, simply allowed us to be able to return people to mexico immediately as the pandemic approached, and that in combination with remain in mexico, john, that actually reduced illegal immigration during the trump-pence administration by 90%. seems to me the biden administration is intent on driving an agenda that can only be described as open borders. the american people are not having it, they want secure borders, they want an end to the crisis of illegal immigration. this will only make it worse.
jobs. so you are seeing recovery. biden administration wants to claim it s all their policies, this is a recovery from the deep hole. sandra: a rebound. exactly, a rebound. worrying thing, sandra, as good as the jobs numbers are, and they are, no question about it, inflation has taken off, we have inflation probably hit double digits in the next couple of months, and the federal reserve is going to have to tighten the monetary policy, raise interest rates significantly and rapidly, put the brakes on the economy. sandra: despite what you just said, president biden and team are taking credit for the rebound, listen. our policies are working, and we are getting results for the american people which is what it s all about to state the obvious. record job creation, record unemployment declines, record wage gains, people are making more money. they are finding better jobs. sandra: people are making more money. dig into that and on the screen. wage growth is up.
reserves in our history. it is a wartime bridge, the way i look at it, to increase the oil supply as we work with the u.s. oil producers to ramp up production, to get us through this period. we just learned jared bernstein will join us in the briefing this afternoon to talk about the economics, and jen psaki is going to be leaving the white house podium for a gig at msnbc. sources told me they beat out cnn in a bidding war over jen psaki. her last briefing was before the president s trip to europe because she got covid, but just learned she s going to be back in today s briefing as well. it s unclear whether it might be the last time or one of the last times we hear from her ahead of her departure this spring for her show at msnbc, some questions about her ethical ability to answer in her official capacity in the white house from what would but her future colleagues now that news