and on the bread and butter issues that are resonating and the profession are brian brenberg the keys between now and november that could change everything. welcome, everybody. i hope you had a good summer weekend and now the blast forward to election day nine weeks away. peter doocy at the white house >> neal, good afternoon we spent time with president biden on the campaign as he tried to make the case he thinks republicans like donald trump more than they like entitlement programs. speak with the biggest contrast from maga republicans the extreme right, the trumpies. they want to -- these maga republicans in congress are coming for your social security as well. you, by the way, as i said, you might think that i'm making this stuff up because it's so outrageous. >> he is referring a plan by republican rick scott to make congress vote to reauthorize every spending program every five years and an attempt to cut down government waste. so now scott is challenging the premise of the president's claims there. >> of course he's going to lie about it but what i believe you have to do every

. >> todd: brian brenberg will 28 you what it means for your life, don't go anywhere.egin, i'd like to thank our sponsor, liberty mutual. they customize your car insurance, so you only pay for what you need. and by switching, you could even save $652. thank you, liberty mutual. now, contestants ready? go! why? why? only pay for what you need. ♪ liberty. liberty. liberty. liberty.♪ breakthrough heartburn... means your heartburn treatment is broken. 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. your mission: stand up to moderate to severe rheumatoid arthritis or active psoriatic arthritis and... take. it. on. with rinvoq. rinvoq is a once-daily pill that tackles pain, stiffness, swelling. for some, rinvoq significantly reduces ra and psa fatigue. it can stop irreversible joint damage. and rinvoq can leave skin clear or almost clear in psa. that's rinvoq relief. rinvoq can lower your ability to fight infections, including tb. serious infections and blood clot

maria: here is brian brenberg. sman, i appreciate all of that but you have a president with the stroke of a pen decided to give $500 billion for a student loan handout even if congress gets religion on spending, the president has the ability apparently to just continue to do things like this, how do you rein that in, congressman? >> well, unfortunately but i guess on the other side fortunately the last line of defense has been a newly appointed court, the federal judiciary has turned over at least half of them under the trump administration and so far i'm very pleased with their decisions and i think this will be another decision where they slap president biden's hand as for overreaching and doing something that was unconstitutional which was erasing an asset on our books and making it a liability just with the stroke of a pen. maria: yeah. >> so i don't think that's going to play out. that's a disst err for sure. but, look, we can stop the spending on day one. the democrats are obsessed with the last two years over

. >> todd: bren /* brian brenberg joins me now.ive think, indiana, north carolina and mississippi will tax will bailout. how did the white house not anticipate the debt forgiveness plan could hurt borrowers come tack time? >> brian: there are unintended consequences, they don't think about any of that, they think about the impact they thought would be good. i love that there is a lawsuit here, somebody is challenging this and saying this is a bad idea, i will have to pay more. may we have more lawsuits? we have administration that refuses to think through the consequences of actions, especially on the economy, which is why we're stuck with issues we're stuck with now. >> todd: here is word salad from the white house. >> proponentss are trying to stop it because they know it will provide much needed relief for working families, anyone who does not want to give that debt relief can choose toopt out. >> todd: that makes no sense. lawsuit we started with is specific tax related lawsuit. shouldn't the suits succeed because the president

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brian brenberg will replace every single one of them. he's going to be the emperor of economics.much for being here. always good to see you. >> you bet. kennedy: it is game night. we're taking a trip to the sunshine state. fake news or florida is coming up. is the crazy crime real or did we make it up? play along with the party panel next. ♪ ♪ what do you mean? these straps are mind-blowing! they collect hundreds of data points like hrv and rem sleep, so you know all you need for recovery. and you are? i'm an investor...in invesco qqq, a fund that gives me access to... nasdaq 100 innovations like... wearable training optimization tech. uh, how long are you... i'm done. i'm okay. a pool floatie is like whooping cough, it's not just for kids. whooping cough is highly contagious for people of any age. and it can cause violent uncontrollable coughing fits. ask your doctor or pharmacist about whooping cough vaccination because it's not just for kids. - they get it. they know how it works. and more importantly, it works for them. - i don't have any anxiety about money anymore. - i don'

. >> todd: here to join us is brian brenberg, producers wrote the question, brian, what should we expectwill see inflation around 8%, which is not good and i'm saying that because all the political headlines are going to say inflation is coming down, we've turned the corner. 8% is a 40-year high, it is not a good number. we are not out of the woods, we're at the beginning of this thing. if politicians think we're not and want to back off and keep spending, we'll have an inflation problem for a long time. >> carley: yesterday janet yellen issued warning about the federal reserve and how it could combat inflation and how successful they might be. take a listen. >> the fed will need great skill and good luck to achieve what we sometimes call a soft landing. i hope, i believe there is path to accomplishing that. >> carley: how do you feel about those comments and what do the next few months look like? >> brian: good luck when the federal government spends and you're the fed trying to bring down inflation. this is the problem with this administration, self-defeating economic policy. fed raisi

brian (bur brenberg, do you fint odd. >> senator, i want to jump in on that.nel talking about wealthy countries, taxing their oil and gas, punishing their oil of and gas because somehow that's putting a burden on the rest of the world. meanwhile giving away the farm to iran. it seems to me the opposite should be happening and yet that's never happening at the u.n. the u.n. is always a platform for backward policy, senator. how do you fix that? >> yes. and again, we need strong leadership and right now when you're on operating with a president that believes in appeasement rather than strength, this is exactly what happens. we need leadership throughout the administration that will stand up to these authoritarian regimes, push back and then have the intestinal fortitude to unleash american energy. we sudden be encouraging energy production. spatter energy production around the globe -- smart energy production around the globe and we could solve a lot of the inflationary issues, we could solve a lot of pressures based d on our european friends and allies because

total more than 27 million dollars for the 2022 election cycle all morning long dagen mcdowell brian brenberg james freeman, dagen all about money the end of the day. dagen: it is if you can put that money to work send a message republicans will be better fighting inflation, than the democrats will be but this is the house this is from the fox news article, on this, the house is in play for the first time this cycle because democrats continue to gain momentum. two. key senate races, 9 battleground house raises shifts toward democrats in those races. it remains to be seen though from now until election day if there is more and more focus and more and more benefit for republicans on inflation. particularly with joe biden did when student loan forgiveness, extending moratorium making student loan payments inflationary the opinion page writes student loan cancellation playing poorly there is now a push by democrats senators to extend that write off to parents who borrowed to pay for college for their children. it was it was the abortion ruling from scotus the raid on mar-a-lago kind of took the f

. >> to a dagen mcdowell, brian brenberg james freeman, dagen the strategic oil reserve, is supposedto be for emergencies, joe biden has been selling this strategic oil even to china! and now we are at dangerously low levels a hurricane on our hands. dagen: right i also, spending is raised issue of all the money that has been spent that is on the left, the democrats, and on the right, republicans, over the particularly the last 20 years. what is left in real case of emergency. and, at some point i we are going to hit a wall longer-term interest rates skyrocket her i raises the issue irwanted to talk about klobuchar the senator saying vote for democrats. >> run that here she is minnesota is it senator amy klobuchar yesterday, watch. >> we just did something about climate change, for the first time in decades, that is why we've got to win this as that hurricane bears down on florida, we got to win in midterms we understand, that. >> is she suggesting if you vote for democrats will prevent powerful storms. dagen: maybe again desperation is the world's worst perfume, this is where democr

brian brenberg, professor of business economics from king college in manhattan and fox news contributor get the honors of trying to make us feel good. >> i won't try to make you feel good. it is not a feel good moment. jay powell realized he has to put us into recession and we don't have a lot of confidence in his ability to land that plane, which means it could get very, very bumpy. look, let's be real. that's the situation that we're in. inflation is not under control. it will take a lot of work by the fed to get there. the problem is we have an administration that doesn't want to admit the problem. they don't want to talk about spiking inflation. >> they don't want to call it a recession. another question that a lot of market analysts will say we've been in a recession. i don't understand why they can't own it. >> it is foolish to play word games. they're the politicians. don't play word games now. be honest about the situation. if the administration was honest and said we made big mistakes but get that now it would change the game for them. they keep doubling down. >> bill: that wil

joining me is the kings college and manhattan professor of business and economics, brian brenberg along with chief strategist, david nelson. thank you for being here. david, futures are down this morning although it has been a volatile morning. we're looking ahead to the final read of the second quarter gdp out tomorrow but there's a lot happening with this slowing economy. i think it's worth noting that apple has ditched the iphone 14 pro production increase after demand has faltered. what does that tell you about the macro story and a your thoughts as the market is further into bear market territory. >> that was the port in the storm, the one place you could hide and even apple is feeling the pain. the fed has a job to do, we get that. we warr want to the cure the ca, we don't want to kill the patient along with the process. everywhere you look, you can see the signs. they're out there. commodity prices are falling hard, oil prices are falling hard. last week, ford cut e bit earnings because they couldn't get the parts to sell the vehicles. if you can't sell vehicles and you can't del

the king's college professor and fox business contributor brian brenberg and assistant editorial people editor james freeman. great to see everybody, thank you so much for being here. what a story, at a minimum abbott and desantis have put this on the front payment forcing all of the leaders in blue cities and states to talk about the wide-open border, your reaction. clearly as with literally everything in this country, every topic that matters to the american, joe biden has no real response about this. it's not just -- he talks about venezuela and cuba to name two countries. well, those immigrants are coming here because the border has been wide open since he took office and we were talking about this yesterday, cuba is and venezuela, they are releasing criminals from prison and then having them flown to the united states and what they are doing behind the scenes which has been reported on that biden's own former special envoy to haiti, revealed biden administration scuttled free elections and accept deportees and urging mexico to take in more illegal migrants under title 42 that help

want to go to my but did, brian brenberg. people always like for capitulation. they look where investors say the hell with it, i can't deal with it anymore. did we get to that? >> i don't think we're there yet. i don't think we're far from it either, this is an interesting spot to be in. most people are convinced powell is going to give them a recession. >> neil: the fed chair. he will keep hiking. >> i don't think people are convinced he will solve the inflation problem quite yet. that's the issue here. what if we get recession but prices stay high? we're getting drips of data that keep telling us things might get worse on inflation. fed ex news, they're going to raise their prices. you think about that. everything comes in one of those boxes nowadays. how will that affect the prices? >> neil: if they're not seeing in stuff going in boxes, that should tell the world -- >> if they're shipping less, that's your recession indicator. if they're raising prices, that is the inflation indicator. that screams stagflation. we've talked about it. we're talking about it g

also joining us, lara trump and brian brenberg.o another big story, the fbi's controversial arrest of a pro-life catholic father at his house in front of his family, that is now raising questions over whether the department of justice used an unnecessary show of potentially deadly force and why they did it. mark houck is set to be arraigned just about an hour from now. he is a husband, a father of seven children, and also the president of a catholic men's ministry. the charges stem from an incident this time last year as 72-year-old patient escort volunteering outside of the philadelphia planned parenthood accused houck of shoving him to the ground. houck said he was defending his 12-year-old son from harassment, and the doj indicted houck under the face act, which makes it a federal crime to forcibly interfere with someone feasting the mike seeking or providing reproductive health care. on friday, the fbi descended on his home to add arrest him. the fbi admits that the 20 agents came to his door with guns drawn. houck's wife, ryan

brian brenberg kings college the economic expert stopped by "fox & friends first" to talk about whereare heading. >> it's going to be here for america because of these rates go up, the economy slows down. they are talking about higher unemployment rates now. they are talking about slower growth. they got this wrong in a big way. but, biden doesn't get it. you saw it on the "60 minutes" interview. he doesn't even admit that we have had inflation spike. >> that's so bad. >> that's such problem because they're going to having the inclination to spend, spend, spend. fed has to fight against that. it prolongs the pain if the administration keeps doing. this. >> steve: see, here's the thing. the inflation right now is 8.3%. the cost to heat your home, which i was speaking of earlier, is expects to increase by double that about 17.2% this season. they are estimating that for every house that's going to turn on the electricity or the gas during the winter months, your power bill is going to go up about $1,200 per house. sean hannity was down here in florida last night and spoke to the former

and on the bread and butter issues that are resonating and the profession are brian brenberg the keyhope you had a good summer

brian brenberg joins us, kings college business, economics professor, fox news contributor. are benefiting hope to benefit from all of this. what do they say? >> they hope to benefit. everybody from here to eternity will hope to benefit from this but that is not the relevant question. the question, is it sustainable and is it just? senator manchin says this is excessive, extra helping at tater tots at lunch is excessive the question here, this is unjust. you're talking about millions and millions of people who paid back the loans, intended pay back the loans, now they're looking at, my students are they happy to get the handout potentially? probably but they're also smart enough to know this can't last, this can't work over time and it is definitely not fair to the people, many of their peers who are doing other things, starting a business, buying a rig, getting equipment, getting a loan for it. they're not getting that loan forgiven. you scratch the beneath the surface of a political payoff which is what this is, it's a vote buying scheme. it doesn't work. neil: tuition, ro

let's bring in robert wolf, former obama economic advisor and brian brenberg, business and economics college in new york city. thank you for being here. happy labor day to you. let's talk about this -- i'll start with you. why are so many people behind on rent and what will they do? >> rent has been one of the areas where inflation has hit the hardest. we have such a skewed rental market now because we had those he vick ton moratoriums for so long in the country. think about a landlord. they're still paying property taxes and have to maintain their property but no rent coming if from a lot of people living in their buildings. what do they do? they jack up rates on the people who are paying rent. what you get is the same kind of situation we've seen throughout this economy. people doing the right thing, paying the bills, paying the rent are paying so much more. now we're at the spot where the folks who will have to start paying rent aren't in a position to do it. the problem is 11 million open jobs in this country. people ought to be able to pay rent with 11 million open jobs. it show