that is bidenomics in action.t is about building a new economy from the middle out, and the bottom up. not the top down. we made some decisions in congress and we have been able to do it. first, making smart investments in america, educating and empowering americans to grow the middle-class. and lowering cost to help small businesses. host: you can see all about on c-span. and the administration making its case with the political announcement and headline from last week where the economy when it was reevaluated first quarter for domestic product exceeding 2%. in the first quarter but in recent polling, about the administration tackling the economy, it does not show a positive future. this is from the associative press. they say what it takes to look at the administration and the paneling of it overall 34% of think the administration is handling it properly. 2% of her publicans and 89% -- 10% of republicans and others. speaker kevin mccarthy sending out a tweet saying the same style -- saying bidenomics which they

okay, so bidenomics you're here to run struggling a bit. is obvious a lot of investment going on inst energy sector, in the manufacturing sector, but a lot of this seems like incentives for companies. it investments that helps spur private sector growth. how does that really feed through to the middle class? how are individuals and households really going to see that? >> well, it's businesses that create employment, and its middle-class households that create economic activity for businesses. so it is a virtuous cycle. when we say middle outgrowth, we are talkingg about consumers who have healthy economic conditions, making the kinds of purchases and investments that stimulate the private sector to keep this a virtuous flywheel going. one of the things that happens when we fail to sufficiently invest in public infrastructure is that we don't crowd in enough private investment so that the consumer, the middle-class consumer, doesn't have the buy-in clout, doesn't have the labor market, doesn't have the jobs to get that growth cycle going. so

this is where i struggle with bidenomics. what you're painting is a big transformation for the country, on the energy front and on the industrial base front. you know, probably create a good bit number of jobs. jared: sorry, heather. could you start that question again because i didn't hear it? heather: sorry for the connection problems. we clearly need investment in this infrastructure. jared: we're focusing on rural broadband. we need some urban broadband in this case. heather: all of the case. bidenomics. here's where i'm struggling a little bit. there's obviously a lot of investment going on in energy sector, in the manufacturing sector. but a lot of this seems like incentives for companies. it's investments to help spur private sector growth. how does that really feed through to the middle class? how are individuals and households really going to see that? jared: well, it's -- it's businesses that create employment and it's middle-class households that create economic activity for businesses. so it is a virtuous cycle. w

that is bidenomics in action.t is about building a new economy from the middle out, and the bottom up. not the top down. we made some decisions in congress and we have been able to do it. first, making smart investments in america, educating and empowering americans to grow the middle-class. and lowering cost to help small businesses. host: you can see all about on c-span. and the administration making its case with the political announcement and headline from last week where the economy when it was reevaluated first quarter for domestic product exceeding 2%. in the first quarter but in recent polling, about the administration tackling the economy, it does not show a positive future. this is from the associative press. they say what it takes to look at the administration and the paneling of it overall 34% of think the administration is handling it properly. 2% of her publicans and 89% -- 10% of republicans and others. speaker kevin mccarthy sending out a tweet saying the same style -- saying bidenomics which they

that's bidenomics. my dad used to have an expression, he said joey, he was a well read guide and got to go to college was a hard-working gentleman. we had dinner and conversations my dad used to say remember, jobs are about more than a paycheck. a lot more than a paycheck, joey, it's about your dignity. it's about pride, it's about being able to look your kid in the eye and saying honey, it will be ok. in the literal sense, think about that. it's about your dignity, how you are treated being able to make a living and it will be ok. the second big part of bidenomics is empowering american workers. when i took office, unemployment was over 6%. the american rescue plan was going directly to working-class families and our economy came roaring back and unemployment went below 4% by the end of my first year in office. now it's below 4% for the longest stretch in 50 years in american history. [applause] i must admit i concentrated with the help of jesse jackson a lot of other people here. we have seen record l

the president of the united states, is not running for bidenomics, he is running on bidenomics. trickle-down theory is what donald trump was doing, which is news to donald trump. he believes he can build an economy from the middle out and he can't find an economist who knows what that means. i think he has 17 surrogates spanned out across the country to talk about this. yesterday he was in south carolina, here is a little of his message he thinks will get him re-elected. >> president biden: high dad had an expression growing up, joey, job is about more than a paycheck, it is about your dignity, about respect, it's about being able to look your kid in the eye and go, honey, it is going to be okay and mean it. that is bidenomics. >> steve: we were just talking to nikki haley, who is running for president. last year, i think last year, "wall street journal" did an item and referred to bidenomics. it was on the op ed page, what they were talking about is fact bidenomics back then because inflation through the roof, gas prices through the roof, price of eggs through the roof, everyth

the president over the weekend in maine was touting his bidenomics. [video clip] >> i'm not here to declare victory on the economy. bidenomics is just another way of saying restoring the american dream. i believe every american willing to work should be able to get a job no matter where they live in the heartland, small towns, big cities, to raise their kids on a big paycheck. my dad was a well read men. his greatest regret was he never got to go to college. i give my word, this is what he would say. all my siblings remember. he said "a job is about a lot more than a paycheck. it is about your dignity. it is about respect. it is about being able to look your kid in the high-end say 'it is going to be ok.' that is what it is about. if you are willing to work hard, you ought to be able to make it. what has always worked best in this country is investing in america, investing in americans. when we spend on the middle-class, we see stronger economic growth and everybody benefits. we are making significant progress, and we have done all of this without rai

bidenomics really does come in for criticism.in larry kudlow because i don't think we should dismiss 3% unemployment, 3% inflation. the economy is not in the text. i don't think we can say bidenomics is a gross failure. >> i can say it actually and i will say is a gross failure. twelve month comparison, the top line cpi has come back to 3%, still above the target but since biden took office, the level of cpi has gone up 16% and grocery prices have gone up 20% and energy prices have gone up over 30%. by the way, energy price and oil price and gasoline prices are rising again which is probably going to disrupt and increase the top line cpi. on the other side of the ledger at edward lawrence reported, the take-home pay has fallen 3% under mr. biden and don't forget even though we are in the stagnant one to 2% growth range right now, we have a recession first half of 2022. two consecutive declining gdp quarters. i think people have forgotten that but they shouldn't forget that and as a general matter, i want to say bidenomics is basi

the other part of bidenomics, as if joe biden could even explain what bidenomics is, is that this is that did something no too long ago called the inflation reduction act, which actually just printed money out of thin air, thus increasing inflation. i'm not an economist but i took economics. if biden wants to do anything, they would be cutting taxes, they would be rolling back some regulation and let businesses flourish. that's not really the business that they're in. >> dana: i saw a poll yesterday that showed over the last several weeks where president biden has gone out to tout bidenomics, remember when they had the big announcement that president biden said we'll call it bidenomics and it was a big to much fanfare. they've been using this phrase for several weeks now and they have not been able to move their numbers at all. we can put one on the screen. a gallup poll how would you rate economic conditions in this country today? only fair or poor. that's the vast majority of people. so if he just keeps saying bidenomics and only goes to philadelphia, that's the closest city to was

bidenomics is just the other way around. restoring the american dream. 40 years of trickle-down economics limits the dream to those at the top. i believe that every american willing to work hard should be able to get a good job, afford good health care, no matter where they live, in every part of the country. if they're willing to work. that's the american dream. that's beside nomics -- biden nomics and that's why -- biden optics -- bidenomics. i know i don't look like it, but i've been around a while. all i canning aside, i've never been more optimistic about america's future than i am today. i really mean that. i genuinely mean that. we just have to remember who in god's name we are. we're the united states of america. there's nothing beyond our capacity if we work together. there's not a single major problem that we've not succeeded in doing. not a single one. so why are we stopping now? because of you in this room, i mean it, there's no reason we can't continue. this by the way, we're going to be fair. the suppliers and

it is bidenomics.ce i took office, we have attracted over a half a trillion dollars, and a half trillion dollars. of private investment in america in clean energy. that is attractive to engage in these issues. instead of a sporting job, it used to be find the cheapest market in the world, send the job overseas, and bring the product back. not on my watch. [applause] we are creating jobs in america and boring american products. [applause] but the leadership and democratic congress with reduction act and few republicans did supported. the largest investment to combat climate ever, ever anywhere in the world. over $368 billion. we know the urgency. i don't hear many naysayers on climate denied that floods, heat waves, wildfires impacting so many americans just this week alone. it is spontaneous. we also have solutions. a lot of my friends know when i think climates come i think jobs. i think union jobs. it is not a joke. it is not a joke. [applause] this law is creating millions of clean manufacturing job

cheryl: that was vice president kamala harris contradicting president biden as he pushed "bidenomics"friday "cbs news" poll finding 50% americans think of higher inflation, when they hear the term "bidenomics," 70% don't believe they are working congress keeping up with inflation seems americans aren't to jazzed about "bidenomics." mike: if you are wealthy own a lot of financial assets biden administration has been spectacular for you your grocery store bill too has gone through roof if you do not own large piece of real estate large stock portfolio this is unmitigated disaster, real wages adjusted might be been positive. >> since he took white house you are down 10, 11% net base wage 10% less further than 2020. it doesn't seem like this is going to change, they've dramatically trained strategic petroleum reserve, to mitigate the cost of rising oil is because of their war on of a percent of a percent alienated saudi arabia escalated unnecessary war with ukraine, and russia, and as a result we could see a -- reacceleration of inflation based solely on price of oil if back over 100 buck

that is "bidenomics" in action, [laughter].poll finds 60% of voters disapprove of the president's economy, joining me right now is fox news contributor 32 advisers founder ceo robert wolf former economic advisory to president obama joining us fox news contributor jason chaffetz author of the book the puppeteers people who control america great to see you. thank you so much for being here, rob rt what is your take on "bidenomics"? is this the right issue to make president biden centerpiece of next campaign? >> listen i think always about the economy, foreign policy do i think we have the window at our back on economy but maria, with inflection point inflation is still too high that impacts americans each and every day but, also, i don't think we are going into a recession, i think labor market, and wages are going to outperform inflation but still too high. and i think lastly, the infrastructure plan the chips act you are talking about 500 billion dollars, from private sector coming in talking about 35,000 projects i think over

. >> bidenomics. >> bidenomics. >> harris admit that people are actually struggling. >> most americans $400 unexpected expense away from group c. >> no wonder she has a record low favorability in the polls but don't worry, the media says you are a better vp than you even think. >> i do consider myself a joyful warrior. >> yes you do. joyful warrior. >> i thought we were supposed to conserve. [laughter] i couldn't reconcile it, now i can. [laughter] [laughter] [applause] >> you think just fell out of a coconut tree? [laughter] >> in the context. >> oh boy, that never gets old but the joyful warrior, i want to put into context for the american people when she was referring to when she said the american people are maybe $400 away from bankruptcy, not only did she undermine bidenomics but what she is discussing here is american women can't afford to travel to other states to get abortions if their state outlaws or vans abortion so let's unpack that, what it means in the real world and kamala's mind. >> first of all, think about that clip. one heartbeat away from running the world. we are k

that's bidenomics >> steve: so that's bidenomics. >> kayleigh: bidenomics is the new poll 72% sayingy don't feel financially secure, bank rate survey. good luck with this. it reminds me back when i was over at another network, the pundits days before the 2016 election said wages are up if only we can could get this out there about the obama economy. these are things you feel. people feel bad, you shouldn't have to convince them people should feel it in their paychecks. >> steve: you have just touched on the problem for the white house and that is they have some pretty good numbers going o the jobs number expected to come out later on today, it's expected to be about 250 -- 225,000. unemployment is expected to drop down to 3.6%. yesterday there was a blowout number, adp said that about a half a million jobs were added in june. the construction sector itself added 97,000 jobs in june. that's the biggest increase month over month in a decade. so they've got these pretty good numbers, but the white house is stuck with a couple of people who are having a problem selling it, because people

marshall: bidenomics. bidenomics. i think everyone knows that you don't give tur self a nickname. you don't get to do that. your friends get to do that for you. who can imagine back in grade school giving yourself the nickname? by the same token, you don't get to name an economy after yourself either. you have to earn it. just like j.lo. before there was j.lo, there was jennifer lopez. for jennifer lopez to become j.lo, she had to prove herself, she had to become a great singer. before taylor swift was known as the countries pop princess, she had to compose music, play instruments and sing to the hearts and souls of millions across the world. margaret thatcher, before she was the iron lady, had to earn that nickname, because of her iron fist, the way she ruled her country. ronald reagan, the great communicator. could you imagine ronldz reagan -- ronldz reagan stemg -- reagan stepping onto the stage, telling everyone, i'm the great communicator? it took years to earn that nickname. one of my favorites, mr. october, reggie jackson. he didn't name himself mr. october. he had to be a

the president had another big bidenomics speech. yea. >> yeah.few moments you won't see anywhere elms. at least the president is on alert that he should avoid falling in public. >> when i came to office i was determined, determined to end the trickle down economy. excuse me this little stand is out. well, make sure i don't trip over it. maybe if i stand on it make myself three inches turrell. buck sport. you can see exactly where to go if did you go i can't for online invest.com. invest.com. punch him whatever neighbor you want to find out about. raymond raymond maybe not. when we went to invest.com. like bidenomics, the page ♪ working. >> then the president fought to sign the executive order in manufacturing he had to double back sort of like kamala harris who may need to double back herself. this is her explanation for the success of bidenomics. >> most americans are $400 unexpected expense away from bankruptcy syntax is difficult for her. >> no specifics. >> maybe she can get into the atlantics, laura. look, we have a fox news alert. sorry to

growing the middle class in this country. >> the architect of 'bidenomics' is biden. >> 'bidenomics' question at biden ministrations going all in on 'bidenomics'. the president and his team to take the house new buzzword repeatedly over the last week and it effort to revamp the messaging on the presidents economic accomplishments. but will there message resident voters questioning jeremy now peter or mark chief economist at the international trade commission and a business professor at the university of maryland. professor, thank you for being here. let's start off, i want to tap into your expertise before we get into the politics on this. he biden administration is talking about the fact they obviously have low unemployment, below 4%. there has been wage growth. there has been infrastructure built, that is what they want what they say is 'bidenomics'. critics are saying well look, inflation is still high. what is the reality of how you see the economy right now? >> depressant biden has been in office for 10 quarters. and ate at those inflation has been bigger than wage increases. am

there is nothing good about bidenomics.antis' campaign tells fox it raised $20 million during its first weeks. >> are the miami dolphins going to win the super bowl? >> his leadership has transformed miami into a city that is thriving. >> it rarely answers direct questions, just like real politicians. we have seen it with the desantis add. there was no hug that we know of. the better this technology gets, the more those questions are going to come up. >> i made a commitment that i would be present for all americans. >> every month since he has been in office, insulation outpacing increases in wages. >> there is nothing good about bidenomics. american families cannot afford it anymore. >> some of the sights and sounds from the campaign trail. we do this all the time. joining us tonight, chris ryan. aaron. aaron, let me start with you. we are seeing more spending on tv ads. >> there is a strong amount of spending on tv ads. we are seeing less on the ground activity by some of these candidates, especially the lower polling one

there is no bidenomics for you. you have to go to the shadow market.y. now you're paying 17 to 23. small business can afford that. i went up and down the hill last week in washington banging on every door, taking any meeting anybody would take with me saying listen, houston, we've got a problem here we've got to big problem. you've got to stop focusing just on the big guys. you've got to look at the small guys. 60% of jobs. >> sean: you talked about silicon valley bank. we have fcic. everybody knows that they ensure up to $250,000. i know people that have that kind of money but they don't put more than 250,000 inside any one account because otherwise that money is not insured. in this case they paid out millionaires and billionaires and then the oklahoma senator, i forget which one actually said will people of my state the given that deal? no. why is biden bailing out millionaires and billionaires with that money? >> what was attempted to stem the contagion and it worked temporarily. what we face in the months ahead is the 4600 small banks have as much

it is historic and it is bidenomics in action. we are creating jobs here, exporting american product. product, not jobs. that is the story in south carolina. earlier, we heard the leadership say that $60 million are investing here. that is 1800 jobs across the country, 600 permanent jobs here in south carolina. all a direct result of the so-called inflation reduction act that we wrote and passed. by the way, i cut the deficit 1.7 trillion dollars in two years, no one has ever done that. it generates income, generates growth. convert solar energy into electricity. that does not do a whole lot of good if you cannot convert it to electricity. jobs used to go to mexico, india, romania and china are coming home to south carolina. today, there should be the first micro-inverters made in america. [applause] the good news is, 90% of these jobs do not require a college degree. they are working with a technical college in columbia to develop training pathways for folks to get these jobs. we have seen over 60 domestic manufacturing announcem

he calls the president's bidenomics plan delusional. the senator will be here to talk about it. sick of woke culture, listen. >> the whole woke cowe cowel cue is truly awful and it's usually a bunch of millennials. ashley: cox says social media is making wokeness even worse. i think he's right. we're on it. and george soros' son alex is even more radical leftist than his father. the american research center said americans should frankly be terrified. that's next. ♪ i was told my small business wouldn't qualify for an erc tax refund. you should get a second opinion from innovation refunds at no upfront cost. sometimes you need a second opinion. all these walls gotta go! ah ah ah! i'd love a second opinion. take the first step to see if your small business qualifies. with a majority of my patience with sensitivity, i see irritated gums and weak enamel. sensodyne sensitivity gum & enamel relieves sensitivity, helps restore gum health, and rehardens enamel. i'm a big advocate of recommending things that i know work. ♪ there are currently more than 750,000 unfilled cybersecurity jobs

up next, bidenomics boom or bust? might depend on your perspective.oes it lineup with your daily reality? we'll talk with the president's top economic adviser, he is live next. ♪ when bucket lists need checking... points need redeeming... work trips need crushing... or anniversaries need... celebrating? no matter who you are, where you're going, or why. with 24 trusted brands by wyndham to choose from... your wyndham is waiting. get the lowest price at wyndhamhotels.com i was told my small business wouldn't qualify for an erc tax refund. you should get a second opinion from innovation refunds at no upfront cost. sometimes you need a second opinion. [coughs] good to go. yeah, i think i'll get a second opinion. all these walls gotta go! ah ah ah! i'd love a second opinion. no. i'm going to get a second opinion. with innovation refunds, there's no upfront cost to find out. so why not check like i did for my small business? take the first step to see if your small business qualifies for the erc. i'm orlando and i'm living with hiv. i don't have to worry a

it is in spite of bidenomics not because of bidenomic. rachel: yeah.a fair point. meanwhile, governor desantis wants to sue bud light on behalf of the shareholders of florida's pension fund. this is exactly what needs to happen. why wasn't this done before? i don't know. it's the right way to attack esg, right? >> yeah. i mean, i hope other republican governors, speaking of them, they're doing great jobs for their states economically. i hope they're all watching governor desantis' move here with regard to anheuser-busch and will do the exact same thing because this is the way. since the dylan mulvaney promotion, anheuser-busch's stock is down 14%, and and they've lost about $16 billion in market value. a lot of these states are deeply invested with their pension funds in companies, woke companies like anheuser-busch. so what governor desantis is saying is, look, if you're to going to put a radical social agenda ahead of your hair holders and in terms of a pension fund, you're talking about hard working americans like firefighters, police officers, teac

nobody else really is i because of the failure of bidenomics. this is going to be a kitchen table, pocketbook election. he has a forward-looking agenda, and i think that has helped him e enormous toly in the polls. >> the polls show a lot of americans don't want a trump versus biden election. >> every one of the whistleblowers has confirmed what has been said, it's clear that the biden family is in a lot of trouble. ♪ everywhere around the world they'll be dancing -- ♪ they're dancing in the street ♪ if. lauren: whoo. stuart: good morning, everyone. it is 11:00 on the east coast of these here united states, tuesday, july the 18th. on the markets, a real nice run for the dow industrials. will you look at that, it's now up 300 points. the nasdaq's down 20, s&p's up 14, but look at the dow go. hoe me big tech, please, a mixed picture for you. it's not mixed at all, they're all down. on the downside today. not by much, but they're down. the 0-year treasury yield also down -- 10-year, 3.75%. that's the markets. tuesday morning. now this. tomorrow hou

that's what bidenomics is.hey go to the gas station, go to the grocery store, look at their checkpoints, notice a family with two earners making $1 hundred thousand you are down $16,000 in terms of spending power. no fancy language and sugar coating is going to help the american people. >> gillian: steve hilton, this 230,000 number, which is what americans polled say they think they need in order to feel financially secure every year. that number isn't just coming from manhattan. this is an average across the country, rural and urban areas. that's a lot of money. >> it's a lot of money and that is the direct consequence of the economic policies that they now are kind of wanting to claim credit for unbelievably. i think this idea of bidenomics is likely going to turn out to be one of the biggest -- what is it really? it's a double whammy. first they hit you with inflation caused by their reckless spending, which meant that even as earnings were going up, prices were going up more. the net earnings after inflatio

president biden says bidenomics is working. >> you know what bidenomics is?huge inflation, huge problems, lack of respect all over the world, china is eating our lunch. take a look at the deficits we have. it's the whole world taking advantage of us. by the end of this year you'll have 15 million people having crossed our border. maria: frances, i know joe biden is running around with this idea that bidenomics has helped the economy. but the truth is, inflation went to 40 year highs, that was bidenomics. because of all of the spending. $6 trillion in spending in two years, frances. >> absolutely. and the thing is, people felt it in their wallets regardless of what he's saying on twitter. it is quite interesting to our earlier segment about they're not spending money, he's not really campaigning, this is sloppy. i think it begs the question, is he running or is there something that we don't really know? but yeah, biden -- i don't think this whole bidenomics thing is going to work unless you're talking about people who benefited from the stock market this year.

that's bidenomics in action, and the american people are beginning to feel bidenomics. >> reporter: sodman sachs is now saying there's a 20% of recession, but they've been always the most optimistic. other analysts are saying the economy is showing the leading indicators of a recession coming. some market experts believe this recess, though -- recession, though, will be unique. >> it e won't be like a normal recessionful normally when people get laid off, they can't find another job, they have to, you know, cut back spending and it's just a terrible ordeal. what's happening now is that with, yeah, is.6 -- 1.6 job openings per person looking for a job, you don't see that. people get laid off, they get back into another job. >> reporter: and the federal reserve still saying that inflation won't get back to the 2% target until the end of 2025. we'll have to see how that factors into a rate increase we're expecting tomorrow the, possibly another one later on this year. back to you, david. david: edward lawrence from the white house, thank you. with me now is former treasury official and am

why do you think voters don't buy into bidenomics yet?there's a lead lag factor here, chuck. first of all, the facts speak for themselves, $13 million jobs created. i think unemployment below 4% for the longest stretch in 50 years. it's a middle class, middle-out, bottom-up approach. i look back at 40 years ago this summer and even the great communicator himself, ronald reagan was struggling to get the message through that the economy had already begun its recovery in the previous year. ultimately, he went on to a landslide victory the next year. i'm not sure it's going to be a landslide, but the facts are on the side of the president and this administration, and i think eventually that seeps into the general sense of how the economy is. >> do you think there's pessimism and it's driven by the fact that the most likely voters and the people that pay the most attention are retirees and so the cost-of-living increases impact them more than those that are currently working, not to say this doesn't impact everybody, but in some ways, a retire

of bidenomics. i'm elizabeth macdonald. "the evening edit" starts right now. ♪ ♪ elizabeth: let's welcome to the hoe the chairman of house oversight, congressman james comer. congressman, it's good to see you with. you and senator grassley released that fbi document from a whistleblower, from the veteran fbi informant. the fbi paid hundreds of thousands of dollars in the past. what does it say? >> well, this is from the fbi's most trusted, most credible, one of their highest paid informants in the whole bureau. and what the informant alleges to the fbi is that he was told by the burisma ceo that they paid two bribes, one to joe biden and one to hunter biden, for $5 million each in exchange for certain policy decisions. and we all know the policy decision was to fire the prosecutor who was investigating burisma for corruption. and we've all seen the tv interview where joe biden brags about withholding $1 billion in foreign aid from ukraine until they fired the prosecutor. so the evidence here is pret

he's pitching bidenomics.u say again and again, robert, that you believe the economy is robust. why is america not feeling it? >> i mean, there's a few runs. one, we're coming out of this most covid world. inflation was incredibly high. it was double digits. you know, it's come down by half. prices are still up, whether it's add the gas pump, still higher than where we were or at the kitchen table. that being said, we have a buoyant labor market. we average 250,000 job gains over the last three months. much greater than when president obama and president trump were in office. and we have wages going up in the labor participation rates are at three-year high. so we have a lot of good things going on. trace, we're at an inflection point. as it gets better, it's still is tough out there. >> it is. i want this on the screen, if i can, steve. this is biden's economic policies. who do they help? the number in the middle is what catches me. people like me, 6% sakes this economy helps people like me. it's the burrito

bidenomics is a popular term around here.seems like a tougher e sell outside of the white house, but that's exactly what the president is looking to do today. touting new green energy manufacturing jobs at a facility in south carolina. here's a preview of what president biden will say to make the case for bidenomics. >> you look at the data, you look at the number, you look at the 13 if million jobs that's been created, again, the 800 to ,000 manufacturing jobs, you look at what the inflation reduction act has been able tattooed, the bipartisan infrastructure legislation has been able to do, all are important, key parts of the president's plan and what he's going to speak to tomorrow. >> reporter: our colleague edward lawrence likes to point out that most of the jobs the white house takes credit for creating are actually jobs that went away during the pandemic that have since been added back. and specifically looking at manufacturing, the latest jobs report actually shows sector lost 2,000 jobs in may. meanwhile, recent fox n

. >> 'bidenomics' is another way of saying restore the american dream. >> looming across the countryould up and his efforts. we will talk about it all at the president's top economic adviser jared bernstein. >> plus precooked is a lot of energy in south carolina piquant is good to back in south carolina. >> it is a great day in south carolina. shannon: candidates barnes on the palmetto state looking for support head of the first in the south a primary parts on the panel breaks out our brand-new polls out of south carolina and iowa. all right now on "fox news sunday." ♪. shannon: hello from foxnews in washington. just a one month from now the republican candidates for president are set to face off the first time in milwaukee. but first they have to get to the debate stage. polling is one part of the rnc criteria. today new pulse from foxbusiness layout where the gop race for the white house answered two key states. let's get straight to it. first iowa, the first in the nation caucuses in a survey of iowa republicans, former president trump leads by 30 points. says likely caucus powers

let's talk about bidenomics, a term that| about bidenomics, a term that was unveiled this week in chicagod. but there is not a lot of support for the way the president has handled the economy. why is he struggling to sell his economic message? struggling to sell his economic messaue? ~ , ., struggling to sell his economic messaue? ~ ,, struggling to sell his economic message?— struggling to sell his economic messaue? ~ ,, ., , message? when you look at his economic message, _ message? when you look at his economic message, he - message? when you look at his economic message, he is - message? when you look at his economic message, he is not i economic message, he is not just about selling some kind of slogan, whether it is bidenomics or something else, it is about selling federal spending. biden came into office during a pandemic and he passed the american rescue plan to support the democrats in congress, over $1 trillion, $1 trillion infrastructure package. his advisers believe he is not given enough credit with the american people about all the spending, trillions in spending. so what he

average ohioans bidenomics is higher food and gas prices.ct if your children can't afford a home these days because interest rates are so high and all of the homes are going to chinese investors and illegal aliens who are coming in and taking them. bidenomics is the emiss ration of the american middle class average american family has $500 or fewer in the bank account and worried about taking vacation. what bidenomics is doing is taking american citizens and turn them into permanent renters. people that can't afford a home and slice of their own nation. that is not a record of achievement but republicans cannot forget it and cannot ignore that reality. most americans right now feel very precarious in their economic lives and they have every right. to say they have a right to expect the government put their interest first. that's the argument republicans have to make. if we do, laura, we are going to wind a landslide 2024 and get a chance to govern this country. >> laura: trump is way ahead of everybody in the field. it's just stunning every

bidenomics is great.ut as far as being optimistic, my optimism is driven by my belief in god and jesus. that is my take. host: let's go to new york, new york next to winnifred. caller: good morning. i'm sorry but i believe the economy is working. i can go into one supermarket and the price of a box of cereal is $7 and then go a few blocks away and the price is less. and it is a larger box. i think it has to do with the corporations, the supermarkets. it is where you buy your produce and groceries. some places will have eggs, three dozen for $10, an 70 else would have it for another price. you have to pick and choose where you shop. i do not believe it is joe biden. i believe it is the corporations. host: you might have heard this headline that powell says fed staff is no longer forecasting recession. the chair sites recent resilience of the economy for upgrade. let's look at what he said about that topic. [video clip] chair powell: it has been my view consistently that we have a shot in the base case is w

the white house is all in on this bidenomics push.ey mosted something on instagram and telling people to text them, provide a number about how bidenomics has affected them. they showed a text that they say they received from a guy named pat. my neighborhood just returned to minnesota from pennsylvania by car. they saw nothing but bridges being built. thank you, mr. president. the comment section was not kind. one person said i'll take a conversation that never happened for 200. >> i think the likely of someone texting, writing out minnesota and pennsylvania is about a million to one, i'd say. when carlie points out yellen's performance and when she says was this before or after she was bowing to the chinese? the optics have been absolutely ridiculous this whole time. that pales in comparison to the real hurt that american people are facing right now and feeling. >> i was reading a variety of estimates that the average american since biden took over has been cost anywhere from 5,000 as the lowest estimate to 34,000 in inflation. that's

president claiming its bidenomics in action., a member of the house financial services and small business committees. congressman, good morning to you. you know, i actually interviewed candidate chris christie last week. he said the same thing. he said americans are paying more for food, paying more for gas and that president biden has got a jimmy carter situation on his hands. remember, inflation is what made jimmy carter a one term president. >> yeah. no question. the so-called bidenomics is nothing more than a high level of excessive spending and assault on our domestic energy industry causing inflation and real serious consequences. it's costing 700, 800, 900 a month, crushing small business. small business may be selling more in certain sectors but they're making less and they're working more. so bidenomics is making goods unaffordable, rattling the business world, weakening america's economy and it shows. it shows. even the transportation infrastructure big money that was put into it, $1.2 trillion, we're not seeing it whe

it's bidenomics. since i took offic we've attracted over a half a trillion dollars. half a trillion dollars in private investment in american manufacturing and clean energy. that's what's been attracted to engage in these issues. instea of supporting job, used to be find the cheapest market in the world, send the job overseas an bring the product back. not on my watch. we're creating jobs in america. and we're exportin american product. [applause] under the leadership of your democratic members of congress, the inflation reduction act, a few republicans supported it. largest investment to combat climate ever, anywhere in the world. over $368 billion. we know the urgency. i don't hear many naysayers who climate deny the floods, heat waves, wildfires affecting so many americans just this week alone. we also have solutions. a lot of my friends in organized labo know, when i think climate, i think jobs. i think union jobs not a joke. [applause] not a joke. creating more clean energy manufacturing jobs, including offshore wind. when took office i had a goal of producing 3

that is biden's plan "bidenomics". >> ultimately biden is a plane old basic democrat wants to a spendo basically restore special interest groups with kitty of the federal government we saw you mentioned with student loan forgiveness there could not almost be a better wedge issue for republicans to pounce on, when you have, part of the country college-educated making more money somehow subsidized by poor middle class working class, this is the basic plan under joe biden, not going to have good economic benefits not good election results. maria: make no mistake forgiving student debt is more spending it is more stimulus, and amazing to me that they would say we're forgiving 39 billion of in student debate after the supreme court just ruled it unconstitutional. we're going to keep a watch meantime president tang wells a reporter the end of the nato trip, plus diet soda banks the world health organization sending a margin to consumers, could impact your health more coming up don't miss it back in a minute. ♪ ♪ there are some things that go better... together. burger and fries... soup and