tv Kennedy FOX Business July 2, 2021 8:00pm-9:00pm EDT
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>> he actually said he wasn't going to answer more questions on afghanistan because of the fourth of july weekend and he got good job numbers and i want to let youou know when i was in afghanistan on the fourth of july i didn't stop doing my job or leave people to ask questions i took apart bombs that they just like i did on the third and the fifth. brian: i want to thank the men and women like joey working overtime thiss holiday weekend, thank you for your service and a happy independence day everyone. y returning to work after being with paid for months to stay home. we're going to be talking to one restaurant owner who is still fighting to lure employees back. plus, as americans prepare to celebrate july 4th, some cities are dealing with a massive spike in crime as police nationwide are already stretched thin with shrinking budgets and rising retirements. we're going to be talking to ed davis, former boston police commissioner, this hour. and while some americans are ashamed of celebrating july 4th, we have a u.s. representative
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who is bursting with pride about being an american, and she's the first member of the congress born in the old soviet union. well, now she is warning all americans about the big lie of socialism. i'm david asman, and this is "fox business tonight." ♪ ♪ david: our top story, a good day for jobs. the u.s. adding 850,000 jobs in june, but the unemployment rate did rise to 5.9%. that was unexpected. and business owners are still struggling to hire workers. edward lawrence is at the white house with the details. >> reporter: yeah, you can imagine the white house spinning the jobs report, trying to take credit for it. but the unemployment rate up to that 5.9% where they thought it might have gone down. still, as we reopen from a self-imposed. >> itdown, president biden
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says -- shutdown, president biden says it's all due to him. >> none of this happened by accident. again, it's a direct result of the american rest a cue plan. and -- rescue plan. and at the time, people questioned whether or not we should do that even though we didn't have bipartisan support. well, it worked. >> reporter: he says it worked, but there are still 9.5 million people unemployed and about that many job openings in the country. some economists point to the extra federal unemployment benefits of $300 a week as holding many on the sidelines. the labor secretary, marty walsh, though still pushing it's fear of covid keeping people on the unemployment line. >> i think that we will see, hopefully, hopefully we will see more people coming into the work force and getting jobs after labor day. a lot of that is due to the fact that more and more people are getting vaccinated every day. >> reporter: some gains, some big losses, leisure and hospitality added 343,000 jobs.
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retail trade up big, manufacturing added 15,000 jobs but still down half a million jobs from february of 2020. construction lost 7,000, health care lost are 12,200 jobs. white house economic advisers here believe they will be back at full employment next year except those advisers will not exactly say where full employment is, what level. back to you, david. david: edward, thank you very much from the white house. joining me now to discuss is our economic power panel. we have russ vote, former victimmer of the -- president of for office of management and budget, also tyler goodspeed, former chairman of the council of economic advisers and current hoover institute fellow. thank you so much for being here. russ, you know, we're going to talk about the problem with businesses getting workers to work for them with all these unemployment benefits, but i don't want to rain on the parade.
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9.3 million job openings to choose from. this is, this is really a buyer's market for those looking for jobs, isn't it? >> it is. today was a good report for the administration. it's not a great report. the unemployment rate ticked up. the fact that labor force participation rate stays the way it is, and i think there's a lot of things that are both occurring because of the resilience of the economy that the trump administration left this administration but also some warning signs from the standpoint of the unemployment benefits and some of the other things that are causing it hard for employers to be able to get people back to work and sometimes get back to work in the same job that they were doing. david: now, tyler, a strange moment in world economic history because you had this shutdown for over a year of most economies of the world. so you would expect to have some discome boblations when you try to open the thing back up again. but you have this weird thing where you have 9.3 million job
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openings and 9.5 million people looking for jobs. it would seem to be a perfect fit. you have almost exactly the same number of people looking for jobs as jobs available, but you've got all kinds of other decisions being made that enter into the situation. a lot of people don't like some of the jobs, they want more money, etc. so how do you fit those two pieces together? the. >> well, i think the president is correct that this budget -- this was a strong month of jobs growth, and that wasn't an accident. it was thanks to 26 individuals, and those are the 26 governors who decided that it was time to put the labor market recovery first by exiting the emergency -- david: that's very interesting. >> -- unemployment insurance benefits. and a former colleague of mine who's now the chief economist of the america first institute has done some analysis, and he found that since those 26 governors began announcing their exit from
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supplemental uninsurance -- unemployment insurance benefits, they have experienced a decline of five percentage points in continuing unemployment insurance claims relative to those states that continued in the program. so -- david: [inaudible] >> -- jobs gain was achieved despite the president's fiscal blowout, not because of it. david: of course, russ, you're not hearing that anywhere else but right here. i mean, you listen to the mainstream media, i wake up with npr every morning to get my blood flowing, and it flowed pretty mightily this morning. they didn't mention the unemployment benefits having any role the play in small businesses having trouble finding workers. >> no, you're not -- you're only going to hear it here on fox and others that are committed to fair and balanced reporting. but the reality is that it hasn't had an impact. tyler just mentioned it, i think we'll see more of it in the july. and the challenge for this administration is even though they had a good report today, they're dealing with the reality that they're fighting their own
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anti-growth agenda on an ongoing basis with high energy prices, inflation. and the fact that they're trying to have a $4 trillion spending package with tax increases going through congress. that's only going to hurt a what these types of numbers are in terms of the future. david: now, tyler are, i'm justin wondering if there's an ulterior motive in these unemployment benefits. and, in fact, i think the president revealed that, that sort of motive the other day when he was talking about -- he gave one of his hi perking messages -- whispering messages. let me play that for you and get your response. roll tape. >> employers can't find workers. i said, yeah, pay them more. david: pay them more. is that really perhaps the motivation of continuing these unemployment benefits even though a lot of small businesses say that they're competing with those benefits to get workers? >> well, i think the problem in the president's logic is that he has the ordering completely in
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the reverse order. first of all, on the eve of this pandemic, we saw substantial income gains. we saw substantial wage gains, and they were across the wage and income distribution. and most importantly, we observed those gapes even after -- gains even after accounting for inflation. and one of the things that has troubled me when looking at these recent jobs reports is once when accounts for the very high month over month readouts, real wages have gone nowhere. and, in fact, if inflation in june came in just 0.3% month over month, that would mean if it declined over the past three months. i think it's very dangerous to be putting the cart before the horse. david: although i would disagree, leisure and hospitality had major increase in jobs, 343,000 new jobs. it was to be expected. they're still 12% below where they were before the pandemic.
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nevertheless, they had an increase of hourly wages in hospitality industry of 7.9%. that was a big jump in increase in wages. but, tyler, a lot of these small businesses can't afford that that for long. they have a profit margin of about 4 or 5% in some of these small restaurants. >> that's why my advice to the administration would be, first, focus on achieving a full labor market recovery. get back to as close to maximum employment as possible, and then if you want to engage in policies to try and raise wages further, then go ahead. but first focus on achieving full labor market recovery. david: tyler, finally, a last word to those people out there looking for jobs. a lot of people are saying, gee, with all these 9 million jobs available, maybe i should just continue to rest at home and collect my unemployment benefit. i'm thinking that this is not going to last very long. if you're looking for a job, now is the time to strike to lock something in. what do you think?
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>> i think that's correct that this is, this is the moment when workers' bargaining power is going to be pretty substantial. one thing that does worry me in addition looking ahead is the fact that when we dig into today's report, we see that among workers over the age of 55 about 1.5 million of them have exited the labor force in excess of what we would ordinarily expect. so i think we have to wonder about whether those early retirements can be -- david: let me finish with russ here. we were having some trouble with your feed, russ, but i think we got it straightened out. very quickly, do you think now is the time to lock something in you're looking for work? >> yeah, absolutely. i think it's time for the american people to get back into the work force. there's financial help for that, there's a mental health to that. and now is the time -- i hope people have the opportunity to get more work and a better deal than they had before, but not at the expense of just sitting home and collecting unemployment.
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that would be the encouragement to get back into it and get this country moving again. david: absolutely. russ and tyler, have a wonderful july 4th weekend. i appreciate you coming in today. well, till trying to lure employees back, joining me now is buddy floyd jr., owner of the chateau on the lake whose business is being impacted by the labor shortage, no doubt. so are you still the, buddy, having trouble getting workers in. >> david, we're having trouble in new york specifically. we have two locations, we have a new york location and this winter we opened up in florida. florida opened seven days a week we're open for lunch and dinner. in new york we're closed a day a week, and we can't get open for lunch because of the labor shortage. david: how much are you spending -- not a dollar amount, but percentage wise -- how much more do you have to pay workers to lure them in specifically in those new york locations? >> 25-30% increase in our labor rates. david: wow. well, you know, a company like
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apple that has a 43% profit margin can afford to do that. i suspect you don't have a 43% profit margin. >> i'm in the restaurant industry -- [laughter] david: so how long can you afford to do this? you can't keep that up forever. >> you know, eventually it's going to hut the customer's wallet. and, you know, the consumers' expectations aren't coming down, they're still up there. we appreciate their business, don't get me wrong. we're loving the fact that there's demand. but the expectations, they still want the service that was pre-pandemic, and eventually, you know, there's not a single restaurant in our town that's open seven days a week x this is our season. we make money -- we're a tourist town. we make money during the summertime, and new york's not ending the unemployment until september. david: wow. talk to me about the specific difference between the two states, in new york and florida, because i read a piece that was written about you talking about
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how you just got really fed up with new york business environment with all the regulations and taxes and so forth, and you moved your family down to florida, right? explain the difference between the two regulatory systems, because you still have a place in new york, but now your focus is florida. >> so we're still here in new york. we shut down new york until about three weeks ago, labor day weekend -- sorry, memorial day weekend. florida's, the taxes were the biggest surprise. i was a finance major in college, and you still don't understand it until you run that first payroll. we ran that first payroll, and the lack of state tax which also means employer tax at a state level isn't there, and it was -- compared to new york. that was a dramatic savings, and it's helping us with the pandemic as we're used to managing for the new york tax rate. that's our business acumen, right? the new york structure. in florida it's been very successful for us.
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people started getting back to work in florida a month ago. if you're a politician, a month or two might not sound like a big deal. when you're a small business owner, it's another month or two on top of an already 15-month painful lack of business. david: so sounds like you have zero regrets about moving down, opening up in florida. >> i tell you, i don't always make the smartest decisions, but that's definitely at the top of my list of the smartest decision i've ever made. david: how long do you think can go on attracting businesses and allowing for start-ups with an environment like this? >> i don't think they can. it can't happen. as you know, we've lost congressional seats in the state. the business from these states such as florida, businesses are flocking there. i was in negotiation with two more locations, which we currentlyily are. the rent -- currently are the rent conversations started at a surgeon level, but now there's
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a -- certain level, but now there's a 20-30% difference because of the demand. david: wow. well, something's got to change in the business-unfriendly states because, again, there's plenty of reasons to move to florida. buddy foy jr., congratulations on your success in florida, and we wish you continued success in upstate new york as well. thank you for being here, appreciate it. well, american cities are bracing for a weekend crime wave, and police say they are stepping up patrols to help curb the violence. we have details coming next. ♪ ♪ ♪♪ it started with an idea... and became a new tradition. ♪♪ this is financial security. and lincoln financial solutions will help you get there as you plan,
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♪ david: american cities on high alert ahead of the holiday weekend amid a surge in viability crime. in minneapolis, judges ordering the city council there and the mayor to, quote: immediately take any and all necessary action to hire more police officers. in new york, very disturbing video capturing a sexual attack in brooklyn as a man tackles a woman from behind in the broad daylight. in chicago four people dead and 28 others injured after a series of shootings just yesterday with alone, the youngest victim just one month old. the city council holding an
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emergency meeting today to address the rising crime. all of this as a new report finds ambush attacks on law enforcement officers are up 91% nationwide from a year ago. here now former boston police commissioner ed davis. commissioner, you guys really must feel under siege not only from the criminals, but from mayors, from d.a.s who op don't get it, from city councils who keep changing rules letting criminals, violent criminals back out on the streets right after they're arrested. >> thank you, david. it's true, my former colleagues and the men and women that i speak to in the departments now are feeling besieged. it's been a terrible year, and i just want to stress that cops matter. cops really do make a difference in this crime picture. of it's the july 4th weekend. all the indications are that it's going to be a very violent weekend, and we're working really hard to try to affect that. david: but, you know, commissioner, frankly a lot of
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police are giving up. we have a big rise in retirements at departments of police officers' departures, the retirements have increased 45% nationwide. that's the new number of resignations just in the past year. they're just giving up. >> right. all of the people that i worked with have left now because of what's happened over the last year. and younger men and women are leaving the force. and you add to that the difficulty in recruiting, people don't want to take the job right now. we are facing a real crisis this summer. a. david: what is the biggest problem in obviously, the criminals are the biggest problem. they're out on the street, they feel freedom, but they're getting even more freedom from d.a.s around the country like gascon, the d.a. from los angeles who's a far-left radical who believeses in letting violence criminals free. -- violent criminals free.
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they call it bail reform. there's no reform the it that i see. >> right. well, when you have these type of policies that are being put in place, word gets out among the bad guys very quickly. and there's a combination of things occurring this summer. there's a lot more people who have been released from prison. they're on the street right now. after covid, they're looking to reestablish their territory in our urban neighborhoods. i've worked these cases before, i know how they think. this is a very dangerous combination. if you -- there are things that you can do to help it. you could put programs in place for employment, you can, you know, work on the root causes. but the truth of the a matter is if you don't have strong enforcement as part of that solution, you don't get anything done. david: well, and you keep hearing these calls for defunding the police. i know the biden administration wants to lay it on republicans. i haven't heard any republican
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use the phrase defund the police except in a derogatory fashion, and yet this is what you continue to hear from the democrats. >> not only do we need to defund, but we need to dismantle. >> we can't rely upon the police. >> it's the moment to reimagine and take things off the shoulders. >> what we also want is a reconception of how we achieve public safety. david: they may want to try the run away from that now, but they said it, and is a lot of cities did it. >> it's nonsense, it's really nonsense. it bothers me to hear those things. we can use social workers to assist us, we can put programs in place. but if you think that taking cops off the street is not going to result in more crime, then you haven't had the experience if i've had over the last 35 years. david: you know, proactive policing, broken windows theory that most people know about, getting homeless off the street, giving them options. doing it in a humane man, but
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getting them off the street, if you do the opposite, you'll have an increase in crime. isn't it that simple? quickly. >> it is that simple. judge kelly knew what he was talking about when he talked about disorder. you can wrap race around it, but even people in minority -- especially people in minority neighborhoods need to feel safe and away from -- david: absolutely. >> that's exactly it. david: commissioner ed davis, thank you for your service. i know your family members are involved in police work as well and thank them, and have a great july 4th weekend. i appreciate it. be safe. >> thank you. david: well, a looming hurricane hampers rescue efforts usaa is made for the safe pilots. for mac. who can come to a stop with barely a bobble. lucia. who announces her intentions even if no one's there. and sgt moore. who leaves room for her room. with usaa safepilot, when you drive safe...
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officials are now concerned about how to continue operations with hurricane elsa on the march. matt finn is on the scene in surfside with the very latest. hi, matt. >> reporter: hi, david. and also the miami-dade mayor now confirms that the body of a 7-year-old girl was found in the rubble. that girl's father is a firefighter who was a search and rescuer on this scene. his colleagues had to notify him about his daughter's dead body. and also fox business this afternoon spoke to the father and brother of 26-year-old nicole langsfeld and her husband luis who just moved into the tower two months ago, recently married. nicole's father and brother tell us they have faith that nicole and her husband could somehow defy these conditions and still be alive. >> it's a never ending nightmare. we just want to find her. either way. she's my baby. >> i know every day it's harder,
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but my faith and hope have not diminished one bit. it's all there, and until toll otherwise, i will not lose it. >> reporter: this search and rescue is happening 24 hours a day. right now the rescuers are on the rubble using their hands, cranes, dogs, the sounds of drills echoing in the air. they are not letting them up. one rescuer told me they have to be so extremely careful not to cause any disruptions. also new cell phone video shows the moment after the collapse when people discovered the disaster. >> oh, my god. oh, my god -- >> [inaudible] >> oh, my god -- [speaking spanish] >> reporter: and now the champlain towerses condo association says an independent
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receiver will be appointed to oversee the legal process, writing the collapse is an unspeakable tragedy that has devastated our community. we are grieving, and our hearts ache for those and their families. our profound gratitude goes out to the emergency personnel, professionals and volunteers alike. and, david, hurricane elsa is off the coast of florida in the area of the caribbean. officials here tell us they expect to be in the clear through about saturday or sunday, but beginning monday this already-fragile and delicate site could be threatened by the hurricane. we expect a briefing any moment, and we'll bring you the latest. david: thank you so much, matt finn in surfside. we appreciate your work. now to chief meteorologist rick reichmuth who is live in the weather center with the latest on the hurricane's past. >> yeah, i think south florida's definitely going to get moisture out of this. i think the worst will be to the west side, that's what we're hoping, the opposite side of where surfside is. a category one storm, so a minimal hurricane.
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became a hurricane this morning. not typical this time of year to see hurricanes staying in formation across parts of the eastern caribbean. usually there's a lot of wind that rips these storms apart. it's in that area right now, continuing to pull off towards the northwest, moving very quickly in its forward rah trajectory, and there's a lot of islands it's going to have interaction with. it'll depend on how strong the storm is if and when it gets out of the caribbean and in towards the gulf. from our model es, very good agreement that it's either parallel or other hispaniola and cuba, again, really determining how much of a storm is left by the end of the time it is around these islands. and then we see a big spread on what happens here. maybe some solutions across parts of the gulf, some solution across parts of the eastern caribbean. we're already at our fifth named storm, earliest in any season we've had five named storms,
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doesn't portend well. david: rick, thank you so much. appreciate it. well, new data that a vaccine can fight the delta variant, but onety wants to bring back masks regardless. what's up with that? details next. ♪ “cracked windshield” take 1. ♪ you say ♪ ♪ i got a crack in my windshield... ♪ uh - uh, lisa, maybe less heartbroken? geico lets you file a claim online, over the phone or with their app. ♪ that makes me wanna say... ♪ ♪ stay... ♪ (sniffles) are...are you crying? uhh, there's pollen...
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♪♪ david: well, st. louis, missouri, now joining los angeles recommending all residents, regardless of their vaccination status, wearing masks indoors amid the spread of the delta variant. despite guidance from the cdc saying fully vaccinated americans are, quote, quite protected and do not need to wear masks. and now johnson and johnson is joining pfizer and moderna saying its vaccine is effective against the new variant even eight months after inoculation. meanwhile, the source of the epidemic, china, now issuing new threats against the u.s. at its
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100th anniversary of communism and still taking no responsibility for the possible origins of covid-19. here now is dr. steven quay, one of the scientists leading the charge on holding china accountable. thank you so much for your work, doctor. it's discouraging, at least to me and it must be to you as well, that at the hearing, the congressional hearing, there was not one single democrat in attendance. this is not a partisan issue, is it? >> well, it isn't, david. and if even now in talk to you, i want to make it clear that i'm going to focus on the science, i'm going to deliver the best scientific advice i can to the folks in washington and elsewhere, and they can take it from there. david: is it too late to really get to the bottom of what happened? i mean, there was an article, a big article in the "wall street journal" this week about the search for covid's origins, try to search the wile animal farms -- wild animal farms that
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is a possibility that the thing came from animal farms, but the problem is the government, the chinese government's gone in and killed all the animals at these animal farms. clearly, they are trying to cover something up, right in. >> well, the w.h.o. report actually talks specifically about that, and they tested thousands of animals in the markets and in the supply chain and in southern china, and they didn't find the virus. so we have this data that's, you know, embedded in the w.h.o. report. whether they've done anything subsequent to that is immaterial, we've already looked and not seen it. david: but after all the ways the w.h.o. was compromised by the chinese when we tried to get into the lab, and they would only allow chinese officials to do the work or chinese-related officials to do the work, i just wonder whether you've lost all faith in the w.h.o.? >> well, they had a difficult job. but, and the one thing they were missing were early patient records with covid and early virus records from the
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laboratory. they didn't have those. but there is a lot of data that's been collected and that will be collected in the future that make it highly likely that this came from a laboratory. david: and then there's another question about what the laboratory was doing with it. the gain of function research, whether that was, that had a more sinister intent. there is a doctor, virologist, she's a chinese virologist who -- i think she was doing her work in hong kong, but she went over there, and she now says that covid was a biologically engineered weapon that got out of control. your thoughts about that. >> so, you know, i've talked to her, you know, a number of times. and we did, we differ on some of the details, scientific nuances of some of this, but i think she's a very brave scientist. i think she's well thought, and i think we should listen to what she has to say. david: but clearly, if the military, the chinese military was using the wuhan lab to
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develop biological weapons and the release of this was a part of that program, there is no way in hell they're going to allow the w.h.o., really independent w.h.o. workers into that lab, is there? >> there probably isn't. david: so how do you come to grips with that as a researcher in i mean, i'm an a investigative as a journalist, and sometimes you can find people willing to talk even the they're putting their lives at risk to do so. i think this woman doctor is one of them. but other than that, how do you get to the bottom of this? >> well, david, the virus is like a fingerprint, and if you can study it carefully enough, you can tease out what might have happened in the laboratory without ever going in the laboratory. that is the focus now. i believe i satisfied myself that it did come from the laboratory. there were signs of gain of function research, and now i'm looking at why this virus is asymptomatic, why it was so toxic to the lungs, why the
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spike protein prevented antibodies from forming. so to there's a number of signatures and a number of paths in the existing gain of function research that i can try to tie this together. david: doctor, have you been contacted by w.h.o.? are you concerned about your own safety as a result of saying things that are, that were controversial? now the scientific community is agreeing with you, but my god, you went against the grain for a long time. >> david, i will, i'll make no comment on that, if that's okay. david: all right. well, we wish you the very best. you're doing terrific work as are your compatriots, and we thank you for that work. dr. steven quay, thank you very much. appreciate it. >> thank you, david. david: coming up, the first member of congress born in the old soviet union with her warning to americans ahead of the july 4th holiday. the july 4th holiday. you don't want there's an america we build
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phantom store, and i'm going to tell you, they have almost everything you want here. people are buying things like firecrackers, 16,000-shot, maximum power. and if you want a roman candle, this is the place to come to. check these out, they're all over the place but a little old-fashioned, right? if you want something more up-to-date, i suggest you go for the an assortment. they pack a lot of things into those packages, but i have to tell you we are short of those, we don't have a lot of those and all over this store there are signs that say limit two per customer. they are rationing this product because they don't have enough of it. here to explain is j e -- jesse. >> it's been in china ever since the last fourth of july but there hasn't been enough shipping space, and once it gets to the border, there's been some equipment shortages, so it's a
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domino effect of getting from supplies from china to our shelves. >> reporter: it's just been a long story of delay i delay, delay, delay. you actually source these goods in china yourself. >> yes. >> reporter: so why do you only buy in china. >> sure. it has so much -- from generation to generation. it's not a process that can be picked up and replicated somewhere else. it also requires a large geographical area, and it's not something that you just plant if factories anywhere. >> reporter: thank you so much for hosting us today, really appreciate it. and david, if you want to get some fireworks, better get out there because they're going fast, as you can see. david: all right. my little dog doesn't like them, but god bless those who do and who can. safe travels.
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well, too many the americans have really lost their passion for celebrating july 4th, independence day, but not so our next guest, a naturalized citizen who was born in the old soviet union and came to our shores to full tillif the american dream. she ended up doing more than just that. victoria spartz is now a u.s. representative from the great state of indiana, and she joins us now. congressman, great to see you again. thank you for coming back. happy independence day. is in your first as a member of congress? what does it mean to you, the idea of independence day? >> well, thank you so much for having me. i'll tell you, this is a very special day the for me -- day for me. i actually came to the united states 21 days ago july 2nd -- 21 years ago july 2nd because i wanted to make sure i could celebrate july 4th. i grew up in an interesting time, in the soviet union, but also i went to college, and we
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had a battle of ideas. so i fell in love, you know, with founding fathers and john locke and on this classical liberalism. and for me, this is what's so energizing, mesmerizing. but i came here with one suitcase 21 years ago. i had very idealistic idea about our republic, and i think that can be continued for young people. david: well, the fight is still continuing, with by the way. what do you make of the woke crowd that ridicule the achievement of the american revolution? >> well, if you think about it, you know, we created something, the remix that's never existed -- republic that's never existed before. and a lot of people don't realize because when you don't experience having freedom, you don't value as much. and i think a lot of people don't understand the importance, we have big government, we had
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suppression. and that's why we became the great and the strongest country in the world. there is no difference between people. people are the same around the world. david: absolutely. >> and that is the most important thing. and, you know, unfortunately, we might not value as much, but i can see that, you know, that more and more people are waking up. david: well, i think you're right, particularly the pushback on what's happening in our schools. but so many of our kids have had years of training that the american revolution was more about slavery than it was about independence and freedom. is it, rewe too late? pushing back -- are we too late in pushing back on that? >> well, i think the price of freedom is never ending. we have to remind our children how many people died for freedom to create this beautiful republic and educate and communicate better and get out and talk with them and explain our history, you know, that they can fall in love with our
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constitution. and, you know, as much as i fell in love as a young person who came here 21 years ago. david: now, the system you grew up was based on socialism, and there are some people with you in congress right now -- aoc and members of the squad -- who think that socialism is cat if bl with the idea of what america is, to which you would say what? >> well, i will tell you something. there are two systems where the government is strong or the people are strong. and that is the difference between two system, who makes decisions. the government? do you believe that people in the government are a centralized power, or do you believe that people are free to make the decision, and the only function of the government is to be good limited government, to protect people's rights to life, liberty and property. and that's what our country was founded on. and if you see every congressman moving in the big government become more centralized,
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socialestic, it's equality of miss ifly and not of rights. and i think this is what's so bad in our country. and going through history we can see this trend, and we've seen9 it in the last century, but i think it's a battle for this century, and we need to continue to fight. david: well, god bless you. you really are the embodiment of the american dream. it's wonderful to sea you again as far as you've gotten. i hope you have influence on the aocs and bernie sanders, they these to be educated very strongly. great to see you, have a wonderful independence day. my wife, who's also an immigrant from the socialist country says don't call it july 4th, call it independent day. thank you so much for being here, congresswoman victoria spartz, and happy independence day. now to grady trimble with a
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looking at the rising cost of backyard barbecues. everybody wants to do it, grady, but nobody wants to spend these rising prices. >> reporter: yeah. it might be harder to afford it this year compared to previous years. it's actually down just 16 cents compared to last year when you remember the meat supply chain was all out of whack, so prices were going up. we are, as you said, hosting our own backyard barbecue, and we paid a pretty penny for this stuff. if you're cooking out this year, the farm bureau says you're going to pay about 8% more for all sorts of items. let me show you the prices of the items that have gone up the most. strawberries, they're up 22% compared to a year ago. chocolate chip cookies up 11. hamburger guns, they're going to be more -- buns, they're gown to be more expensive, same with potato salad and chicken breasts. and grills are as well. they're up about $200 on average
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compared to a year ago. that's because so many people have been cooking out because it was one of the few things we could do during the pandemic, that we could enjoy outside. and propane if, that's going to cost you more. and, by the way, david, there is a shortage of propane tanks in some areas, so you might have to go to a few more areas than normal to fill up that tank or to get a new tank. david: and, grady, think about travel costs. i mean, the cost of gasoline has gone way up. and if you have to rent a car, as i do, that doubled. i just rented a car for august, and i'm paying double what i did just a couple of months ago. >> reporter: and that's if you can find one because there's a shortage of rental cars. yes, aaa is forecasting a record number of americans are going to hit the road this holiday weekend. let me show you those numbers on gas prices. the national average is about $3.13 a gallon. last week it was about 6 cents less than that.
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about 3 cents than that last month, and a year ago a whole buck less than that, david. david: unbelievable. >> reporter:, so, yeah, people don't seem to be deterred though. they're still traveling and cooking out, but you are paying more. david: grady, thank you so much. have a wonderful weekend. that does it for us on "fox business tonight. " have a wonderful independence day >> from the fox studio in new york city this is "maria bartiromo wall street". maria: happy weekend and welcome to the program analyzes the week that was in position you for the week ahead, i am maria bartiromo happy independence day weekend were at the halfway mark, the s&p 500 and the nasdaq hitting record highs this week at as wall street wrapped up strong first half of 2021. i'll be speaking with don peebles as you weigh in on the outlook for the
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