stephen moore wrote that along with art laffer and stephen joins us now.right in may of this year you predicted very correctly dow 29,500. congratulations. where do from here, stephen. that is what we want to know? >> stuart, this is one of the times i wish art laffer and i were wrong but we were spot on that. is pretty amazing. we predicted that not just pulling a rabbit out of a hat. we looked what happened the last time we had this kind of stagflation back in the '70s, you're seeing. this is what makes me so nervous, everything we're doing in washington, especially with the fiscal policy is exactly the mistakes that you know nixon, ford and carter made in the 1970s. so this is just kind of a repeat of that cycle. when you look at the white house prediction of 1% growth for the year, that's pathetic. by the way, latest numbers from the fed as you were just saying show 0.2%. here is my feeling about where we are right now, stuart. i do think inflation is coming down. i just looked at the commodities index. it came down again over the last couple weeks. it

stephen moore. does this surprise you? >> no.ng people cutting back. for example, this summer vacations driving was way down. in fact, that's one of the reasons, brian, that the gas price is down. it's actually because people couldn't afford to pay $6 a gallon. >> brian: they adjusted their lifestyle. >> exactly. the bottom line on inflation, brian, sings joe biden came into office, what, 20 months ago, the average family has lost $4,000 of purchasing power. that's a huge decline when you think that the median family income is about 75,000. so people have had to cut back. no question about it. >> brian: about 12% say they are experiencing severe hardship right now because of it the inflation dropped 8.5%. still enormously high. the other big one of which mark cuban a self-made billionaire takes risks with his money and hires thousands of people through his career is tired of being vilified and pointed the fingers where it belongs right at elizabeth warren, watch. >> i don't mind being taxed more. i wrote a blog saying most patrio

stephen moore, thank you very much, sir. good stuff indeed. we'll see you later.te since the pandemic began. that's interesting. are employees just getting tougher? lauren: yeah after labor day and we heard warnings from the banks and other companies saying come on, office use, on average, is 47.5% of pre-pandemic levels. stuart: that's it? that's nothing. lauren: that's it but the highest its been since 2020 and if you look specifically on tuesday and wednesday, the popular hybrid schedule, two days a week in the office, it's at 55%. stuart: but that's it? lauren: yes, most people are remote. it's getting better. the numbers are going up, but it's very low. stuart: that is extraordinary. lauren: how do you get new york city back and all the dry cleaners and delis. stuart: what about commercial represent all space? surely the valley goes down. it can't be because you aren't using the space. anyway, coming up, bill maher, roasted, woke presentism. roll tape. >> liberals accusing conservatives of wanting to whitewash the past and sometimes that true, sometimes they

thank you, stephen moore, appreciate it. >> thank you. >> rachel: all right.ismissing production -- predictions of a red wave. >> we're going to hold a majority in the house because we have a plan to fix the problems our country is facing. ♪ >> rachel: former house speaker newt gingrich on what he expects to happen in november. that's next. stay with us. ♪ this is my town. ♪ i was born ♪ where i was raised ♪ where i came from ♪ my yesterdays ♪ i ran off ♪ because i got married ♪ trelegy for copd. [coughing] ♪ birds flyin' high, you know how i feel. ♪ ♪ breeze driftin' on by... ♪ if you've been playing down your copd,... ♪ it's a new dawn, it's a new day,... ♪ ...it's time to make a stand. start a new day with trelegy. ♪...and i'm feelin' good. ♪ no once-daily copd medicine... has the power to treat copd in as many ways as trelegy. with three medicines in one inhaler, trelegy helps people breathe easier and improves lung function. it also helps prevent future flare-ups. trelegy won't replace a rescue inhaler for sudden breathing problems. tell your doctor if yo

but stephen moore, a great economist and author as. well, and michael park and mark paletta, who just in addition to the documentary that michael did, created equal justice in, is in his own words. they just issued a really terrific book that summarizes his in his life, other 30 hours of interviews they did on video. it's a fabulous book. so anyway, thank you for them being here. you know, i got to live american dream. my grandparents came over from poland. my dad, when i was a kid, it was always about the american dream. you can do what you want to do. we in rural nebraska, lower income, happy family. we weren't, you know, by today's standards, people would say, you're poor, but we didn't know that if we were. but what i had was constant encouragement. all five of us kids, you got to get a degree, figure out what to what degree you're going to get because going to need to create a life for you to pay for your family the rest of your life. and and work hard. and was that was it? and on sundays, he would pass out clippings. the local ne

but stephen moore, a great economist and author as. well, and michael park and mark paletta, who just in addition to the documentary that michael did, created equal justice in, is in his own words. they just issued a really terrific book that summarizes his in his life, other 30 hours of interviews they did on video. it's a fabulous book. so anyway, thank you for them being here. you know, i got to live american dream. my grandparents came over from poland. my dad, when i was a kid, it was always about the american dream. you can do what you want to do. we in rural nebraska, lower income, happy family. we weren't, you know, by today's standards, people would say, you're poor, but we didn't know that if we were. but what i had was constant encouragement. all five of us kids, you got to get a degree, figure out what to what degree you're going to get because going to need to create a life for you to pay for your family the rest of your life. and and work hard. and was that was it? and on sundays, he would pass out clippings. the local ne

. >> stephen moore adp a business miss sense getting adp trying to work on being more correlated to numbersthey are expecting but also when you dig into this jobs' report even if we get say in line with expectations, unemployment rate 3 1/2%, you know two things that we really look at right now are the labor force participation, and also wage growth, what do you think we are going to see? >> yeah, i was going to say that this i think the most important statistic in minutes is what is going down labor force participation when you have big gap between number of jobs that are out there number of people looking for jobs, that is a big, there is another thing that was touched on really important, the last three months there has been a big, big gap between two reports, the report of payroll, and the report of you know, the individual households, this has been a big, big gap why i think employing to -- we may see a low number establishment survey today. jackie: i am watching futures putting up on screen dow indicated higher 29 s&p higher nasdaq a little bit of a drop still market pretty tepid, lis

lara trump is on the president's latest connection to a top chinese official and stephen moore will punchs recession to recall that on a busy thursday morning, coming up 9 minutes from now. i think you'll see carley shimkus here as well. we have a busy hour -- three hours before it kicks off in 9 minutes. catch it t then. you're watching before with todd and ashley, who will be back in 2 minutes hot tub is proudly made in the usa. browse our extensive line of hot tub and swim spas models to find the perfect fit for your backyard. save big during master spas global hot tub and swim spa sale going on now through september 18th! .me an. try zegerid otc. it contains the leading medicine to treat frequent heartburn, uniquely designed for absorption. get all day, all night relief with zegerid otc. save big during master spas global hot tub and swim spa sale going on now. see why master spas is the largest domestic hot tub and swim spa manufacturer. there■s never been a better time to save and just relax during the master spas global hot tub and swim spa sale going on now through september 18th!

one would think one would think stephen miller, the great stephen moore, thank you so much. >> thank you. so the bush administration, pregnant women to get the covid shot. and of course, many did because the authorities told them to. now we're learning the effect that the shot has had on babies . and we wish it was good news, but it's not at all very sad news. we've got it for you straight ahead. ake aspido you take aspirin? plain aspirin could be hurtingr your stomach. vasalore 325, liquid filled aspirin capsule is clinically shown in a seven day study tpirf cause fewer ulcers than immediate release. immediate release. aspirin vasalore is designed t help protect releasing aspirinrc after it leaves her stomach where it is absorbed to help prevent another heart attack or stroke. heart protection with your stomach in my vazalore, the first liquid filled aspirin capsules. >> amazing. i'm steve johnson, founder of ideal agent . with rising interest rates and inflation, there's a lot of uncertainty in today's real estate market now more than ever, selecting the right real estate agent can

moore. i want to start with you, stephen. as people would love to turn this into trump talk at other things, i think the old adage still holds. he really is about the economy when it comes in the midterm. is that your sins? given where we are, the second part of the question would be, is it terrible news that's likely to get worse for democrats? >> i think it will. i hope i'm wrong about that. we've been having this big debate about whether we are going to have a soft landing or crash landing. given the news over the last couple weeks, it's looking pretty ugly out there right now. it is true, by the way, gas prices are falling but kevin, just about everything else in the consumer price index went up, everything from rental cars to buying new cars to food, utility bills. people are feeling the pressure. the heritage foundation says the average family has lost about $4,000 in purchasing power because of this high inflation. it's a curse. >> kevin: that's devastating. angela, i want to bring you into the conversation. there is u