>> that's a great way to end it on a friday. thank you to our panel who was fantastic. thank you so much for a wonderful show. have yourself a wonderful weekend. that is it for bulls and bears. . >> a big jobs number and a sizzling market rally capping joe biden the rough two weeks as his campaign kicks off debuting on "the ed sullivan show" and back then it was half the size that it is now with bernie sanders also "the washington post" and now a top pentagon official all slamming joe biden for misguided claims that china is no real competition to america as us steel is investing $5 million in pittsburgh where joe biden lost his campaign to say the middle classes left behind so

that story is coming up tonight also vice president mike pence and secretary of state pompeo ripping into hard left congress saying that communism and socialism ruined venezuela and not america's fault as omar says. venezuela says to the us representative omar. listen up we are losing our lives under a communist dictator literally killing us on the streets. that coming up tonight as well a former top mayor is now on the run living in exile warning us the sea of socialism is here and it needs to be stopped and shut down immediately we are brought one - - bring out the governor and scott walker who ran for president. he is with us tonight. thank you for joining us i am elizabeth mcdonald and "the evening edit" starts right now. elizabeth: welcome to the show

this friday evening. we begin with the market soaring on another big jobs report. is surprised everybody. once again proving that people in the media and the pundits predicted trump would lead to the end of the world are wrong. "the new york times" in january said the shutdown damage the economic growth picture had an end to economic growth. "the washington post" reported yesterday trump has a string of setbacks for call that was just yesterday. but today "the new york times" reported the media hysteria cormac us added with the jobless rate in another month of robust growth and a free fresh sign recent fares of a slowdown are overblown. the last time the jobless rate was this low was the summer of love of woodstock the jackson

five debuted on ed sullivan and abby road and richard nixon sat down in the oval office for the first time. guess who was time magazine people of the year? middle americans. we have the latest in washington t to t to nearly a perfect report unemployment rate falling to a low we have not seen since december 1969 vince lombardi coach's last football game as the washington redskins had co- tla police chief announced warrants longest warrants for the manson cold war murder. wages going at three.2 percent over the last 12 months that is growth but low enough not to see inflation pressures. the fed will likely keep interest rates unchanged. larry kudlow is taking a victory lap.

>> there is a great point with a blowout jobs number blowout productivity number. one of the key parts is strong growth in the when employment and low inflation. then. >> adding we need to do more to ensure the economy benefits every family in every community. vice president pence says the middle class are making more. >> if you cut taxes on individuals and rollback red tape and unleash energy, fight for the trade deals that put american workers first, the american economy would come roaring back and we are witnessing that. >> professional and business services adding 76000 jobs. but they added half a million jobs over the past 12 months architects, service worker

workers, technical consulting and administrating loan - - administrator jobs and then the wage growth. elizabeth: thank you. as just reporting america has the lowest jobless rate record low african-american the lowest ever history in the making also the lowest jobless rate for women since 1953 and the quickest wage growth for workers in ten years. on top of 2020 talking down the trump economy. >> did you get any benefit from the tax cuts? have your wages really gone up? are your employers treating you with any more respect or dignity? ask the folks in the state. i know this state pretty well and the fact of the matter is they are not getting their fair share. elizabeth: putting the fear of

god into democrats with the economy also they are getting pulled over a cliff by the hard left. let's bring danielle. good to see you. >> great to be here. elizabeth: what was your reaction when you saw the number? . >> obviously a blowout. the optics of this report could not be any better making the irony for biden. it's a very difficult tide to swim against if you are a 2020 contender because his approval rating on the economy for trump keeps going up. there are some worrisome signs that are emerging but not typically the new ones messages that politicians are adept at communicating to large audiences. elizabeth: cnn now says the job approval rating is

43 percent in what we see is he has 56 percent approval on economy. you are talking about people dropping out of the labor force. is that what you are referring to? . >> yes. there are two different surveys into non- farm payroll. it has been pulled down but not for why we prefer. since december 800,000 drop out of the workforce. we don't want them dropping out for coming back in. also the number of employed in the household survey decline three out of the last four months that perceives a downturn in the past two cycles. my greatest concern when we

see unemployment rates that are this low then the next time is late 2012 months we are staring down the barrel of much uglier numbers. elizabeth: i understand what you are saying. the jobless rate compared to 69 the population is half the size but that is still a strong number with record low among minorities and women. but danielle, isn't it about the idea the us cannot spend its way to prosperity? if that was true europe would be nirvana. but the trump agenda is taking hold. it isn't just investment like housing but factories are going again, right? mimic the manufacturing sector in 2018 specifically carried this economy and created the highest paying jobs even higher than those mentioned in

business are professionals. again that particular sector that is leading layoffs. so far we have seen nine months year-over-year increases it is led by manufacturing of autos. my concern going into 2020 if we see a continuation some of those same blue states that trump took could be flipping. elizabeth: we appreciate that insight. thank you. now let's get to jerry at the big board for the big picture. >> a great four-year for stock so far. the dow up 13.6 percent 323 away from the record close driven by health care and financials. the s&p 50017.5 percent away from a record territory.

twenty-five.9 percent year to date with consumer discretionary and industrial is up. look at the sectors leading the charge and then the big winner is up 23 percent record close even today. facebook alone is at 49.1 percent. apple is up 34 percent. the usual suspects are driving the index higher. this is a good year right now maybe? elizabeth: thank you. the biggest college cheating scandal in american history getting bigger by the day. one of the heavyweight financials charged has financial ties to the lead singer of you to.

vice president pence joining secretary of state pompeo to criticize far left democrat congresswoman omar for what they say widely incorrect comments for the reason of the collapse of venezuela. coming up next. patients that i see that complain about dry mouth, they feel like they have to drink a lot of water. medications seem to be the number one cause for dry mouth. dry mouth can cause increased cavities, bad breath, oral irritation. i like to recommend biotene. biotene has a full array of products that replenishes

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elizabeth: we have a new and fast-moving developments the biggest us history one of the former suspects tdp partner is facing charges with a quarter million dollar bribe to have major you to tie you to ties to singer t15 and that relationship is on the rocks. more big turns and twists tonight. >> the college admission scandal continues to unravel big names six.$5 million is

how much a chinese mother allowed one - - paid to get her daughter to stanford the woman thought she was making a donation for scholarships staff and the athletic program. instead allegedly another customer of rick springer. at this epicenter and they paid him large sums of money saying that it bribes test officials and paying off coaches 33 parents were charged in march as well as school officials and then also ensnaring a couple of actresses in hollywood huffman and laughlin and richard dreyfus son saying he got into college the old-fashioned way by letting his father celebrity speak to itself. elizabeth: so what is a terrible horrible no good very bad 2020 campaign launch saying china is not a threat

and the obama administration was scandal free talking down a good economy. now biden's role is not playing and now 2020 democrats with a wealth tax and agree new deal. former republican congressman darrell i saw. . >> i count biden is one of the nicer people in politics i worked with him as vice president but he has two problems. he is not liberal enough for the new democratic party and quite frankly his desire to be nice to apologize for the past for everything he may have done hurts him in a way that is not there but his politics.

elizabeth: that is interesting. i hear what you are saying right after joe biden announces the candidacy from pittsburgh us steel announces it will invest billions of dollars into pittsburgh factories. what is your take on that? . >> the blue-collar worker in the republican party on the same side in a way that is recognized the unions are a little late and that may take a while but the rank-and-file spoke in ohio certainly and pennsylvania and these were states that even george w. bush did not take but i know what they care about and they care about the opportunity to compete for the real jobs that create things. elizabeth: can the democrats win the oval office by saying the middle class is going down? here is what larry kudlow has to say about that.

>> all the times i interview joe biden over the years on another tv show on another network i was never able to convince him of the merits of the incentive model of growth coming from the blue-collar sector. and that so we hope to get done. and with those trade deals. elizabeth: the jobless rate the lowest is three.6 percent. >> he had one more thing if you let him talk longer and he said we are doing it with virtually no inflation. the fed to their detriment is trying to pump up inflation because they are scared it is

only one.7 percent with this amazing economy but efficiency. and then to do more work with less people that is what drives the investment in and drive more jobs but those will be sustainable and that is different from the tax code. to lead us into the 21st century. elizabeth: great to see you. watching other headlines tonight another shocker from boeing in the "wall street journal" reports bullying limited the role of the test pilots and senior pilots to develop the software implicated in the two crashes killing 336 people those pilots did not have details how fast the software could push down the airplanes knows or that the software relied on a single sensor, not just to

for the accuracy of the planes angle. the bankrupt company that built the bridge that collapsed at florida international university miami reportedly has reached a deal with insurers to pay $42 million to victims and families. six people to die in the collapse. space x finally confirming the dragon capsule was destroyed during an unmanned ground test at cape canaveral. it was not going to use that to send astronauts to use to send later this year that's why it has been delayed. india's coast killing three people forcing people to flee when stopping at 130 miles per hour. 100million homes sit in the

cyclones path. we will keep you posted on developments they are. jeopardy star making history again notching the 21st straight when. the winnings last night bring his total one.$6 million. ken jennings still holds the record of two.$5 million of winnings. outrage escalates at the highest levels of government after congresswoman tries to blame america for the devastation venezuela. they say congresswoman you are wrong. she just turned to twitter and we will show you that. the pentagon drops a warning on the chinese military threat to the us. we will go to the pentagon for that and bernie sanders says biden you are wrong that the chinese are not so bad. all money managers might seem the same, but some give their clients cookie cutter portfolios. fisher investments tailors portfolios to your goals and needs.

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. >>. elizabeth: you are watching the foxbusiness network coming into the bottom of the hour us military officials having a high level meeting at the pentagon to discuss the crisis and their options while venezuela people are suffering. the lack of medicine and food fleeing the border. fox news is they are. reporter: around 12:19 p.m. local time shots rang out. going on for over 30 minutes families children and elderly people running and screaming in fear for their lives. over 25000 venezuelans cross the border into columbia every day. saying they have no choice and it is impossible to get it. . >> our life changed in a blink of an eye. >> used to be an engineer. >> i have no job at all i live

by selling pieces of cake. >> he says it's impossible to find work for basic necessities. >> hear your president say he will solve problems but then he says they don't exist than if he says that you don't exist. . >> opposition leader quite o-letter calling from her protest after the country seem to settle back into a stalemate he took to twitter asking for soldiers to protest outside the military bases tomorrow morning. this as the disputed president tries to have a strong hold on the military without taking definitive action with the uprising he started this week perez says he hopes the us steps in with the maduro regime. >> crossing the border

illegally into columbia and then heading back to venezuela. there is an area you can see the shrubbery. where people cross into columbia illegally it is controlled. we have been told that is who was shooting today and they also carry out violence allegedly against maduro protester that is who was shooting today we don't have exact numbers that we have heard at least one person was injured in that shooting but on the colombian side we are not aware of any deaths. elizabeth: allison barber at the border. great journalism d two. elizabeth: michael perez and secretary of state pompeo blasting hard laugh congresswoman omar to blame

america for the devastation by communism in venezuela. >> she doesn't know what she's talking about. >> for a member of congress who sits on an important national security committee to make a statement not only ignorance but disgusting. >> this is what the congresswoman said the other day. >> lot of the policies put in place have kind of help to lead to that devastation in venezuela and to set the stage. elizabeth: here is her a few minutes ago firing back to say women of color have heard this before instead of disagreeing

she doesn't know what she is talking about this from an administration who thinks climate change is a chinese hoax. we have the former governor and venezuelan ambassador to the united nations security council has property seized by chavez taken by the communist regime. thank you so much. >>. elizabeth: you have been watching. we have been covering this over three years. >> what is your reaction to the congresswoman and with those associates of some parts of the world. not only ignorance and then

caring for the venezuelan tragedy. it without security council so i brought up the issue. and through the military. and with the venezuelan democracy. elizabeth: here is the thing. the question at issue is that congresswoman omar says it is a personal attack on a woman of caller - - color because people disagree with her she says it was us sanctions. what is your take quick. >> that is absolutely false.

anyone who has one oh one knowledge of the country, the things that you hear over the role of the united states et cetera so we have to experience when england as a superpower tried so the american president. elizabeth: understood. will you come back? it is great to see you. thank you so much we appreciate your insight and expertise. formerly president of us security council in caracas. joe biden has a message for you. the pentagon has a message for biden you are wrong china is getting bigger and stronger and scarier and we are brazen

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is that to much to ask? expect more from your cloud. ibm cloud. elizabeth: details of the pentagon wearing that china is becoming an increasingly dangerous military threat to the united states. we go straight to the pentagon. reporter: this week biden downplayed china's threat to the united states. asking the top asia policy advisor to respond. >> former vice president biden said chinese is not a competitor what is your response quick. >> i will stick with the language of the national security and defense strategy identifying china as a strategic competitor. >> they rolled out the latest summary marking 70 years of

the navy and its growing nuclear stockpile is one of the reasons president trump called russia's president earlier today to see if putin can help get china to enter three party nuclear talks. >> we will start up something very shortly between russia and ourselves to start off and china will be added down the road talking about nonproliferation. we will talk about a nuclear deal of some kind. reporter: beijing will launch the first aircraft carrier made in china also fielding its first stealth fighter jet. >> they have made progress in a number of areas. their projection through ballistic and cruise missiles is an area making tremendous progress with cyberspace, hypersonic. we are seeing a very aggressive modernization effort. reporter: the third nation capable of having a nuclear triad outside of united states and russia capable to launch

from air and land and sea. elizabeth. thank you. joe biden says there is no threat or no competition from china that does not sit well with president trump this is what he told foxnews last night. >> for somebody to be so naïve to say china is not a problem if biden actually said that is a very dumb statement. elizabeth: former naval intelligence officer joins us now. what is your reaction quick. >> i have to say this could be the first of miss speaks we see from the former vice president. to say china is not a threat just look back at 2001 when we started to see a large increase of incidents in the south china sea even recently as last month a ship came

45 yards off the bow of the uss decatur. elizabeth: "washington post" and bernie sanders and one top pentagon official saying you are wrong joe biden. what former top officials have said about china? former assistant secretary say that biden has been on the wrong side of foreign policy for decades. is that fair quick. >> absolutely. if you lack over the past four decades, every side of a major issue with national security for policy, joe biden has gotten it wrong. is the second largest economy in the world if we don't do something they could overtake us by the next decade. elizabeth: also this that biden's family has had links to china. breitbart editor says that the private equity firm managed negotiated a one.5 million-dollar deal with the bank of china while the

father was conducting high-level diplomacy with beijing. will this be a problem for joe biden quick. >> absolutely and if not we need to open investigations. this is a much larger topic than we ever saw when it came to president trump and russia. but this we have hard evidence there are business dealings going on. we need to take a hard look at his opinion on china and how that affects the campaign. elizabeth: also the ukraine as well. we appreciate it. remember when nancy pelosi called for unity in washington? i bet the attorney general remembers that now she tries to call him a liar. former wisconsin governor walker is warning america needs to wake up to the real dangers of socialism and as our guest. stay there.

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wake up to the dangers of socialism that is a former well-known mayor in venezuela told us ronald reagan and trump have sounded the alarms. >> we are alarmed by the new calls to adopt socialism in our country. >> america was founded on liberty and independence and not government coercion or domination and control. >> it's time we welcome those americans into the circle of prosperity to let them share in the wonders of our society. it's time to break the cycle of dependency that is the legacy of so many federal programs that no longer work. elizabeth: former wisconsin governor we welcome to the show scott walker. you are sounding the alarm also. you wrote a "washington times" column. what did you say quick. >> those are both great speeches and pointing out the venezuela saturday one - -

sadly is a real-time example of socialism as we see it a promises prosperity but it just brings poverty to the masses and opens the door for dictators under the current circumstance. elizabeth: you also ask where is the list of failed democratic republics because they are our failed socialist communist models. >> go down the list venezuela is an anomaly. nicaragua, zimbabwe. in my lifetime even the fall of the berlin wall and the collapse of communism and socialism in places like the old soviet union. example after example that countries and democratic republics need to embrace a free enterprise system we see even more evidence the lowest unemployment rate since the end of the sixties, lowest

ever recorded for african-american citizens, asian americans, hispanic americans. this economy is booming we are embracing free enterprise and will continue to be but the last thing we want to do is embrace socialist ideas we hear from people like bernie sanders and the candidates running. elizabeth: yesterday we had a former mayor from caracas now on the run in exile and told us yes he is worried that the seeds of socialism are being planted in our country by hard left individuals in congress. what is your reaction to that quick. >> no doubt about it. that is what next year's elections will be about we already see the green new deal with massive new spending margaret thatcher the former

british prime minister said the problem of socialism is sooner or later you run out of other people's money. that is exactly the case. we need to tell this to our young people. all too often they are not taught history in our schools across america. we have history to prove socialism fails. elizabeth: to push back in wisconsin. what is going on with fox con quick. >> was with the political chairman yesterday they are still committed to going forward. one of their structures are up and going with a massive 10 million-dollar investment and committed to putting 13000 people to work. elizabeth: what about the complaints about that quick. >> the irony is that many

people have wanted this to fail so any time there is any discussion about any details they would love to pounce on that that despite global reports across the country they are still committed who is a longtime head in their absolutely committed to those 13000 jobs. elizabeth: come back scott walker we love to have you on. coming up president trump says it is up to attorney - - teeten f robert mueller should testify. a growing number of polls saying americans are telling congress to move on. we will delete that next. i had h was constantly dry. it gave me bad breath. it was so embarrassing. now i take new biotene dry mouth lozenges whenever i'm on the go, which is all the time. new biotene dry mouth lozenges. freshen breath anytime, anywhere.

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elizabeth: democrats are angry at teeten indirect caught talks with robert mueller to testify about the mueller report. as lindsey graham offers mueller the opportunity to testify about allegations of misrepresentations that teeten may have made it a phone call about the report. voters are saying move on npr and pbs more than half said the mueller report will have no bearing on the 2020 vote. 's one shows more than half want congress to move on and a

quinnipiac says two thirds are against impeachment. "usa today" found more than half agree with president trump that it was a witch hunt. so what is your take love what is going on? >> the problem is the democrats are betting on collusion over two years along with the press with not a lot of facts. the mueller investigation was exhaustive on that point and concluded otherwise. they cannot attack mueller for saying there is no collusion so let's go after teeten on the four-page outline for those nuances. >> if you're going to connect the dots in journalism and then you don't have the facts you should not do that with connect the dot type of stuff. putting the thumb on the scale.

>> didn't the times do that with the front-page op-ed to say donald trump requires different standards? it is a different standard today giving up the pretense of objectivity that has blinded them to the real stories. but it's may still blind them and the democrats are not well served. elizabeth: you say the anti- trump solidarity is leading journalists? . >> even though pro- or anti- trump it is bad when everybody thinks the same. this is what we saw with the fbi to do all of these crazy things what they are talking about wearing a wire into the oval office you don't say that is bananas? elizabeth: the same type of thing with wmds and iraq in

the yellowcake. nancy pelosi calls for unity in washington. >> and my prayer is we can resolve our differences in the way that furthers the preamble to the constitution to take us closer for both sides of the capital for unity. to seek common ground. elizabeth: but here is nancy pelosi with a preemptive smear on attorney general barr. >> he lied to congress as the attorney general of the united states of america. not telling the truth to the congress. that is a crime. elizabeth: did attorney general barr lie quick. >> no. read the exchange. he was asked does he know why the special counsel team may have had objections to the four-page summary.

he said i don't know but then went on to say they probably wanted more of information. he was asked about the team and when asked about mueller did i get anything inaccurate or misleading? mueller supposedly said no. but they cannot attack mueller they cannot attack horowitz. elizabeth: that's just it. the democrats with a former counsel m baker the doj and the pfizer abuses probe and more. that is what is coming up. >> there is criminal referrals from congress. it is hard to believe that these will not lead to some indictments. elizabeth: there is an undercover agent sent by the fda - - the fbi? . >> they think it is a cia operative also working for the

fbi. nothing happened until the end of july? now we find out interesting things. elizabeth: we will have you back. thank you so much. thank you for watching lou dobbs is next here on foxbusiness network. have a great weekend. . >> good evening you may have noticed during all of the 21 present - - presidential hopefuls with dan - - downcast for those who want to hold the highest office in the land they are desperate and getting more so with each passing day and why is that? even the radical dems in the socialist and even the worst of the terrible 20 no more - - 21 know enough about the economy that president trump has delivered prosperity that obam