stars including james taylor. and that's pretty much it. it was just james taylor. mean, you can't cancel james taylor. you probably already paid him. canceling james taylor actually would have reduced inflation. but was that never even the point. take it away, james. ♪ i have seen fire and i've seen rain ♪ i've seen sunny days that i thought would never end ♪ >> jesse: song about suicide and addiction i don't know about you but i object spider. definitely going to make everybody forget about the money they lost. maybe the i have saint gobbler he thought he was climate change event. >> what a beautiful day it is and what a hopeful moment this is the world needs to get together on and respond to the climate crisis. >> jesse: james, they spent it all on climate and just called it the inflation reduction act. what are you doing? you are messing up their messaging. the dow lost 1,000 points today. more, inflation came in red hot. we are in a recession and biden decided hey, let's invite james taylor over and throw a party. this is like your wife leaving you at the altar

james taylor, everybody! that's it for "the late show." good night.

>> louis: from james taylor's band, we have another dear friend, mr. thank you, larry. thanks for being here. ( applause ) james... james, when are we going fishing? >> yeah, good question. >> jon: because we've talked about this. we've talked about going fishing here, when you were on the show last time. backstage, you said you were serious about going fishing with me. we also said again, when we had dinner last october-- i don't want to say where-- the obama's house. >> hey! >> stephen: but we had dinner-- ( cheers and applause ) and i said "let's go fishing" then. you were like, absolutely. i invited to you go fishing, but you had a "12-month national tour." when are you going off-tour? are you off now? >> have to get my priorities straight, you know, i've got to. >> stephen: 100%! you did a 12-month tour. >> well, yeah, it started 12 months ago. not all of that time was on the road, and not all of it was in the u.s. but yeah, we've been on the road for awhile. but we're off. we finished that tour. >> stephen: oh, yeah? well, now i'm back at work so

but they sent james taylor and john kerry to embarrass us internationally again. so, when in doubted wheel outs james taylor to sing fire and rain here is the president. >> numbers today resulting dive in the stock market? >> the stock market doesn't necessarily reflect the state of the economy as you well know. and the economy is still strong. unemployment is low. jobs are up. manufacturing is good. so i think it's -- i think we are going to be fine. >> are you worried about the inflation number though, sir? >> no, i'm not. >> because we are talking about one tenth of 1% and, you know, anyway, thank you. >> brian: yeah, it's at 8.3% overall. one tenth of 1% but you didn't count the fact that we are 8.3% and holding with no retreat which mean up go rates. for some reason the president's calculus is let's keep spending. that's the problem with past ways in which we got inflation in the past. we didn't spend like drunken sailors. >> steve: when you look at the last -- according to the federal reserve, san francisco, in the last quarter of last year, the inflation ra

you had james taylor at the white house singing songs, officially, the the white house spokesperson james taylor donated time use of those songs but the optics were very bad. house speaker nancy pelosi had to applaud the audience. in interview with president biden's advisor gene sperling. he told us the inflation. >> if there is not single silver bullet. we should do everything we can to bring down the overall cost and strain on american families, pocketbooks, and we shouldn't skip doing any individual item because it is not going to solve everything or be the silver bullet. every bit helps. reporter: today the producer price index came in 8.7% down from last month, still higher than the consumer price index that means there is still a little bet of pressure for companies to pass on some higher costs. you can see where inflation has gone under this president. that is cpi inflation. republicans like senator mike braun say this chart is telling. >> they ought to bep booted out of office for taking one the best economies we ever had through could have spread, shutting the productive side of

stuart: you're laughing what i call james taylor, the perpetual ly melancholy james taylor.ren: what's the piece on fire and ice what's his big song? i've seen fire and i've seen rain and sunny days, et cetera. lauren: [laughter] stuart: let's get serious, why not? stop smiling because we have to talk about inflation. take me through the producer prices. lauren: we can smile because it's a little bit more positive than what we saw yesterday but i will say this. this does not change the narrative whatsoever. inflation is entrenched. that shows up when you factor out the energy and food, at the core level. prices rose 7.3% in august from last august .4% from july to august. the headline number, a positive 8.7%, the lowest in a year. so bottom line, bit tamer than expected, not tame enough to change the mood on wall street. a minor bounce in futures right now. there's a one in three chance the fed moves 100 basis points next week. stuart: oh, that'll hold the market back a one in three chance? lauren: 34%. stuart: thanks, lauren. look at futures again on your screens left-hand

they should think jackson browne and james taylor were the same people. >> brian: i think they actually together in the 80s for a while. >> steve: they should definitely do that again. jackson james, john. the president is not a party and the market is down. thanks president biden. and he forgot to vote. >> ainsley: brian to some of the news for you so i guess that's the end of the show. >> steve: let's wrap it up. >> ainsley: those of the headlines. let's talk about it's happening across the pond we have alive feed of buckingham palace that will transfer the queen's casket to westminster hall. >> steve: martha maccallum joins us live from london. you know, martha, you are our expert when it comes to all things royal. you've covered all sorts of festivities and events, but this is different. i have a feel for you that everything you've ever covered. >> martha: yes i think in many ways this is the biggest event in terms of the history of it. i-70 year reign that came to a close of the age of 96 a couple of short months ago we were here covering the jubilee and watching the queen come out

now we have james taylor playing fire and rain and about to have a celebration?den economic policy bear notice resemblance to reality. that's been a problem from day one. today it's like theater. we just got a terrible inflation report. the dow is tanking by 1,000 points and they have james taylor celebrating on the white house lawn or where it is they're doing this? come on. this is why americans have lost faith in their president. time and again, this is the visual we get when americans are living with the reality that they have. this has to change, martha. you can't stay on this trajectory. if you do, you end up with worse stagflation than we have already had. nobody wants to go back to a 1970s economy. we have a better foundation. we had that prior to the pandemic. but all we've had is a squandering of that by this administration to pursue their idealogical celebrations. that's what they're celebrating today. their base loves it. >> martha: although we've seen a twist of the definition of inflation and we've heard that we're trying to get a soft landing, does

kayleigh: get a sweater, lar ragaini and what the new york post describes at a prediction when james taylorlayed this for us. muse ♪ my body's aching and my time is at hand ♪ i won't make it any other way, i have seen fire and i've seen rain ♪ >> and how about james taylor, a voice that heals our soul and units the nation. >> kayleigh: oh, wow. this is probably the most appropriate part of yesterday. sixer all together was the choice of this song because apparently this song was, kayleigh to your point written about suicide and they decided to play this song at their big celebrator event at the white house for the so-called inflation reduction act. i mean, all of it is so infuriating and what you're talking about, steve, with the press secretary. the fact that we have a press secretary, a white house government who -- they feel it's totally acceptable just to lie to the american people and gaslight us and just tell us whatever it is they think they can do to cover up the problem of the day. that is infuriating to the american people because there's no solutions on the horizon. we have seen

celebrates it with james taylor at the white house. first we go to white house correspondent jacqui heinrich. hi, jacqui. >> even though that new gallop poll shows that voters are far more concerned with the economy than the climate, the president is fixated on climate telling reporters that he's not concerned about yesterday's hotter than expected inflation reading or the stock market sell-off before announcing that $900 million for electric vehicle chargers on highways across 35 states. >> great america road trip will be fully electrified, whether you're driving coast to coast on i--10 or on i-75 in michigan. charging stations will be up and easy to find as gas stations are now. we'll invest $7 billion to have the batteries and other critical materials that car companies need. >> the white house wants half of all new cars to be electric by 2030. moneys from the chips act can produce necessary semi conductors here at home. they can't say when the cars would hit the market for americans to buy them. then there's the issue of charging t

coming off the james taylor concert the day everyone lost their 401(k)'s is there no one who looks atsays not a good idea to do the concert or have joe take $177,000 flight to get an "i voted" sticker. the >> joe: the song choice, "fire and rain," find something more uplifting, "i've got a friend," this is during the inflation reduction act celebration. average cost for travel for u.s. president is $2600 per minute. just to cast a vote you spend nearly $200,000. look, the u.s. government is spending more money than any other time in u.s. history. it is simple. cast absentee ballot and get to work. last month the president was on vacation know 70% of the time. he has a briefing today at 8:30 and then goes to one event at 3:30 p.m. and that is it, all he does today. you see that time and again. >> carley: inflation reduction act is a climate bill and he hops off a jet. >> todd: not confident in our absentee voting system. breaking just minutes ago, tentative deal with rail workers to avoid massive strike that would have crippled our supply chain. >> carley: cheryl casone has the details

james taylor stopped by to perform for free. ♪♪

a celebration with james taylor.e president released a statement about being patient with americans about paying more here is one of his top advisors. >> important thing to note is this president does not have patience for it. he is taking action constantly. he is cap prescription drug costs to give people more incentives to have lower energy costs, which will put down ward pressure on prices. >> the producer price index out today shows greater than cpi inflation. companies still have pressure to pass on increased cost. in these reports the federal reserve looked at that core cpi inflation. when you take out food and energy prices, this is a significant increase to 6.3% and tells the federal reserve inflation has become more entrenched beyond the rise and fall of gas prices. that means interest rate hikes. republicans saying this administration has its policies and priorities backwards. >> they should have had a fiddle yesterday for the president because they just -- they are missing what's going on in america right

over at the white house somebody thought it would be a great idea to invite james taylor back from theng something cheerful as you heard. the occasion was the passage of law the bi big tech inspected te democrats pastor congress last month nothing says tax-and-spend so well about singing about suicide. does it, the inflation reduction act they call it a thinly disguised spending plan to pump up green energy with investment subsidies and tax credits and expense healthcare coverage, it'll be paid for by high taxes and the new army of irs agents to collect them. democrats is combination of tax spending and depression was their idea of heaven. >> this is a great and celebratory day. >> the inflation reduction act passed by congress a month ago will go down as one of the most important legislative feet in decades. >> what a thrill to be here to celebrate this life-changing legislation. inflation reduction act so beautifully name for all that he does. gerry: so beautifully named, exactly. the rest of us this is the position of big federal tax and spending and surging inflation is no cause fo

. >> while the stock market plummeted, james taylor played a song about death on the white house south lawn ♪ you can sing this song ♪ when i'm gone. >> the day marked by irony. democrats celebrating the inflation reduction act that experts agree won't reduce inflation on the very day new inflation data showed a worrying increase. core inflation shot up 6.3% in august. up from 5.9% in july. the president never once mentioning the numbers. >> the future of america is bright and the promise of america is real. it is real. >> the press secretary punted. >> we have to remember the inflation reduction act is historic. >> biden's economic adviser so far the only one at the white house acknowledging the circumstances. >> i think we would have liked to have seen the core inflation numbers do better today. >> republicans seizing the moment. >> this is an example, again, of just the complete split screen you see in this country the white house celebrating and the american people dealing with the reality. >> president obama's former economic adviser sees trouble ahead tweeting my interpretation a

. >> and how about james taylor? that heals our soul and unites the nation and a good friend, exactly four weeks ago today, i signed the inflation reduction act into law. the single most important legislation passed in the congress to combat inflation, the soul of america is vibrant, the future of america is bright, and the promise of america is real. this will cut costs for fam families. help reduce inflation at the kitchen table. >> jeanine: but it didn't. prices of foods spiked to their highest margins in more than four decades. and biden's tone-deaf event wouldn't be complete without the inaccurate ramblings of good old chuck and nancy. >> whoa! look at this crowd! so, this is a great and celebratory day. >> inflation reduction act so beautifully named for all that it does. your extraordinary leadership has made this glorious day possible. that is an applause line. [applause] [laughs] >> jeanine: you know, greg, inflation rose higher-than-expected in august, keeping prices painful for all americans, and yet, it w

james taylor, he a. ♪ plucky plucky. inflation eats balls look at me. a geriatric pack. p sweet baby james playing a concert in celebration of the inflation reduction act. the very same day almost the same moment we learn inflation is still historically bad and getting worse. fire and rain was on brand, the economy is burning up in smoke influence -- i can't say the word. sorry. is it possible for the bozos to get anymore tone deaf? i don't know, i don't want to see it come attorney to discuss republican texas congressman, august. hello, congressman. >> thank you for having me. kennedy: i said everyone should be voted out of office, does that exclude you and should it? >> of course it does and come november think people will think about the celebration that happened at the white house today and how tone deaf the administration hunter biden's leadership is. honestly i want them to come to my district and go to the town halls with me and hear people from odesa, texas talk about putting food on the table, how much things are costing every american family because of biden's a

thunderstruck by what james taylor did with the guitar. why was james taylor at this event?ntioned this earlier, the clumsiness of the message. how do you drag the songwriter from martha's vineyard into an event at your white house? annmarie: what is interesting, and given the fact i stumbled on his song, the administration was not exactly going after the youth vote. it really has to do with his moves on climate. he spoke about that. the fact about climate change and that was his message as he was giving this performance. he wanted to make sure there was this legislation to enact big money going toward climate change. the president is going to take that message to detroit at the auto show to talk about electric vehicles and the tax breaks that can go to ev's. this is part of the transformation of energy. another awkward moment, the white house's biggest metric on the economy has to be gas prices. that is what ron was tweeting about this morning. right now, it is in a much better place than it was in june. jonathan: i will go one step further. i never heard the song. lisa a.:

the only thing by the way that made sense today at the white house, or maybe james taylor's lyrics. >> ♪ ♪ my body is aching. my time is at hand. i won't make it any other way. ♪ ♪ >> i have seen fire and i have seen rain. >> laura: it's all rain at the biden white house. to these people not know that this is a song about suicide? if he had sung that on the roof, i might've jumped after hearing this bunch. >> the soul of america is right, and the promise of america is real. it is real. it is real. it is real. >> today were gathered to celebrate another historic step forward for our nation. >> from the bottom of my heart, i want to thank every one of my senate democratic colleagues who made the inflation reduction act happen. >> mr. president, thank you for unifying and inspiring a vision of a stronger, fairer, safer future for all, for our children. your extraordinary leadership has made this glorious day possible. that's an applause line. [applause] >> laura: oh, my god. let them only designer ice ice cream. after dinner at the french laundry, nancy. but they know there were a than t

i'm james taylor. trendy. >> greg: he's really age did not in a good way. like a bag of cabbage. with a song called fire and rain which is also how hunter describes the feeling when he. [laughter] that is the dirty joke for the night. it is apparently though that suicide inherit an addiction which makes sense suicide and addiction are two things that have done well under joe biden. maybe the messages times are tough under joe biden, but it could be worse. you will be forced to listen to that song forever. that'll make you reach for the pills for yourself on the sharp edge of joe's catheter. i don't blame the white house for getting them. joe originally asked for frank sinatra and before that glenn miller. sadly everyone joe biden has heard of has died or was killed by hillarysitting you think abou think about at the time? >> president biden: think about what you think about at the time. think about how you would feel if you didn't have the insurance or didn't have the money. it's wrong. it's not who we are. we are gonna fix that too. >> greg: joe biden do us a favor and stop fixi

8.3% number came out, the markets tanked and then one of massachusetts's own famous residents, james taylor was playing at the white house. was that an inappropriate bad look for them? should they have reconsidered that? >> the economy has been strong under this president for the first time in my lifetime, this economy has grown faster than china's over the last two years. prices are still too high, but we're seeing progress. we're seeing progress three straight months of declining gas prices with the president's leadership in ukraine, export of wheat and bring down food prices here and abroad and seeing progress on health care costs which are a huge part of wallets for working families. democrats in congress just earlier this month passed legislation to cap out of pocket costs for insulin at $35 a month. would have done it for all americans, could only do it for medicare beneficiaries because republicans tore out that element of the legislation at the last minute. so my question to my republican colleagues is why do you think people should be paying more for insulin at a time when costs ar

but tuesday, as james taylor sang "fire and rain" it seemed like both descended on the president's partythe dow plummeted nearly 1300 points after a dismal inflation report. at the white house on thursday, we spoke to president biden about the economy, ukraine, those top secret documents in donald trump's home and whether mr. biden will run again. the president made news and will ignite a few controversies. mr. president, as you know, last tuesday the annual inflation rate came in at 8.3%. the stock market nose dived. people are shocked by their grocery bills. what can you do better and faster? >> well, first of all, let's put this in perspective. inflation rate month to month was just an inch, hardly at all. >> you're not arguing that 8.3 is good news. >> no, i'm not saying it is good news but it was 8.2 or 8.2 before. you're acting -- making it sound like all of a sudden, my god, it went to 8.2%. >> it's the highest inflation rate, mr. president, in 40 years. >> i got that. but guess where we are, we're in position where for the last several months it hasn't spiked. it has just barely

now randi weingarten are showing up there, she is probably a of james taylor.was rewarded by biden for getting out the vote. she's a political player. that's all that is. steve jobs, do you remember them. said something -- he said stuff that if he said today he be a sexist. the parents both of them stopped paying attention to what was happening at their children's schools. that's when the school started to go downhill. because the consumer, or the customer, the person paying the taxes to get the end for a nation had no idea what was going on behind the counter. the teachers and the administrators started pushing this crazy stuff. the next thing you know that pandemic comes in your licking and zooming you like that out of my child is learning? this is better now -- sounds like the parents could use the union. you just basically argued for a union. right to work. what's to be done now? it seems like it so politicized that even education is hopeless. >> geraldo: one thing we have to do is not to lock down these calls ever again really is a plague and we know about

you just spent the day hiring james taylor to front this big climate change conference and then you spentjumbo jet. imagine having a clean water conference and beginning it with a celebratory oil spill. people do think it's stupid. obama had the aweds tee of hope. biden's should called the audacity of dope. a contradict of what he asked you to do. everything. >> harris: like you needed another example. president biden is also getting called out for this. yesterday he got behind the wheel of pricey luxury vehicles at the detroit auto show. just after a worse than expected inflation report that showed u.s. wages are not keeping up with the prices of everything. he also threw that inflation reduction party, all of that. but at one point he got behind a fossil fuel car. i don't understand -- none of them are moving, that's the one thing. we've seen him drive and almost hit a reporter once. >> you remember the time he was testing the vehicle. anybody want to get in? no body's hand went up. biden would show up to a vegan restaurant and order a t-bone. again and again and again. 65% of americans

james taylor is a great singer but the markets are going down.is so off the wall and tone deaf to do this today like this? >> he was the best part of the obama inaugural where he sang last. he is a great writer and a singer but at the end of the day you cannot perform your way through the reality of inflation. the typical family, my typical constituent is spending $500 a month more on essentials. not luxuries the things they must be as you mentioned. eggs are not something you say i will buy caviar instead. the reality is we're paying more for things we must have. elizabeth: you know democrats, more of them, steve are avoiding biden on the campaign trail. watch democrat senator mark kelly. you will see ohio democrat tim ryan. watch this. >> has he done a good job you think? >> hey, you know, you know, first of all it is not my job to give him a report card. >> do you think he should run again in 2024. >> well my hunch is like we need new leadership across the board. it is time for like a generation al move for new leaders on both sides. elizabeth

biden's victory lap even included a performance by singer james taylor. dow jones had its worst day since 2020 yesterday dropping over 1200 points. once again, we are asking you to all rise. aaron judge put on a clinic last night with two home runs in the bombers 7-6 win at fenway park. he is one step closing to breaking the american league and franchise record roger marist at 61 homers and the mets top prospect francisco alvarez is getting back in the swing of things. he returned from the injured list making immediate impact crushing mammoth home run and texas rangers infielder marcus simeon came to hilarious dugout. realizing it was his turn at bat but all worked out after he went on to rip a double. those are your headlines, guys, over to you. >> steve: that was epic. >> carley: my time to bat. broo inbrian marist had 55 homers at this point. you got to figure about 18 games. >> carley: yes. >> ainsley: we told you that in the last commercial break. >> brian: right. i got to be honest. i should have a second source. >> carley: carley and i have to give

professor of political science james taylor told us it is not just about national political ambitionsernor may personally have, it is about speaking for the democratic party itself. >> what governor newsom is doing doing is almost upstaging kamala kamala harris, because she needs needs to be doing some of this g this fighting for the party, nationally, in ways that the president can't. > >> all right, on to the mosquito mosquito fire. crews are seeing some progress on the fire, but there is plenty more work to be done. firefighters say they have have tackled the south, west, and north sides of this fire, but strong wind is still pushing pushing the flames east. the 70,000 acre fire is just 20% cod 20% contained and has burned at least 70 buildings. crews say they are bracing for 20 mile-per-hour wind along the ridge line and that leaves us to to first alert weather. darren peck, filling us in on the weather conditions as we are talking about the wind tomorrow and then the rain, right? >> both sides of it on that fire. tomorrow's wind will drive drive it and then it will get enough rai

so for them to putso f on someod of celebrating a concert c with james taylor oroncert with whoever islly a slap in the face and the back of the hand to typical working folks who are getting clobbere, to typd by ths inflation inflation and inflation is going to be the numbeanr one issue in this election, as it must be . and laura, you know, you'rey ri. exactly right. typical family income has declined under biden after it was soaring under trump, e prioe beating the prior several presidents. bu pricesat food and grocery prices are now grocy fooding massive inflation. food prices up 11%. grocery prices up 13%. and it's the 17th consecutive month of declining real wages and what you got out there is wages are rising. folkfolks ars are working hard,t inflation is rising faster.t inflation is risin so they're able to buy less.bleb i mean, not only food, you gotec look, electricity up 16%, natural gas up 33%. new cars, 10% used cars ups up eight percent. services of all kinds ups up seven percent, including online medical services. are now jumping for the first time in many years. it's an e

the white house celebrated with james taylor singing fire and rain. let me tell you what, the only fire raining down on my constituents in the second congressional district is the costs of putting food on their table. gas in their tanks. paying their utilities. one in every six americans, 20 million of them, are in arrears on their utility bills. we haven't even hit winter. host: that was republican and wagoner. steny hoyer, discussing how democrats are addressing the rising cost-of-living. [video clip] >> inflation is hurting the people. lower drug prices, better health care. that's what we did. capping insulin costs. unfortunately just for medicare. why just for medicare? the republicans would not support the bill that we sent to them capping insulin costs for everybody. we have work to do in making sure that the care that is so essential for everybody, every american, cares about health care. and frankly to the extent that we are covered by insurance, each person's costs will go down. we know that. i want to congratulate lauren underwood. 15 millio

and how about james taylor, a voice that heals our soul and unites the nation? smart enough to be under the shade of the tree over there. thank you. and we are joined by many champions of the american people. the first one is the first lady, jill biden. vice president harris who is not only a great vice president, but a great friend, and the cycle -- second gentleman, as well as speaker pelosi and joe manchin. thank you for sticking with what you said he would do. and the committee chairs who worked almost two years to make this law real. and all house and senate democrats who stood together and never gave up. this couldn't have happened without every single one of you, and that is a literal sense in the senate, every single one was required because the other team didn't want to play. we have advocates and advocates -- activists, thank you for joining us. the single most important legislation passed in the congress to combat inflation and one of the most significant laws in our nation's history. the inflation reduction act. with this law, the american people won

tune in tomorrow when my guests will be ryan reynolds, rob mcelhenney, and james taylor.

. >> cheryl: again, as market fell, musician james taylor performed and senator john thune had this reactionete split screen you see in this country between the white house celebrating a victory lap this afternoon and the american people dealing with the reality. >> cheryl: as far as the report, white house releasing statement saying data shows more progress bringing global inflation down. that is welcome news for american families with more work to do, which is not true, month to month, a lot of things jumped. senator joe manchin trying to defend the new law. >> inflation reduction act looking at cpi that goes up. >> we have a chance to fight inflation. >> cheryl: president biden is heading to -- to push his agenda. >> todd: executive director of texas public policy foundation. robert, with optics like that on the white house lawn, going into triple digit losses, thousands, it was insane. how can the white house claim it feels the plight of the average american? >> it can't. good morning, todd, thanks for having me, yesterday's news was gut punch to american workers at same time you had sla

it had the upbeat james taylor performance, right?his aviator sunglasses declared t this. >> the promise of america is israel. it is real. it is real. >> hannity: unfortunately, pain is the only thing that's real for many people. we told you about a "wall street journal" story profiling shoppers outsiders supermarkets 60 miles outside new orleans. one of those profiled said prices have gotten so high she now spends more money on groceries for her family of eight then under $1500 monthly mortgage. megan, how much has your bill gone up in just the last year alone? >> in the last year, that's only a few hundred dollars. >> hannity: so every time you go shopping, every month, what is it? >> we go shopping multiple times a week. within the last year, it is gone up a few hundred dollars. >> hannity: megan, what does washington not get about this for regular working families? you saw biden celebrating this inflation number came out of the white house. how does that feel to you? >> not too great. i'm sure he doesn't have to worry about puttin

let's get james taylor to come on in here.othing against his brand of bittersweet adult contemporary, but a little bit too much in common with the nature of this white house is playing out. one thing we have to understand here is this would be bad optics for any president. particularly bad optics for president that has no experience in terms of economic issues. as long as he has been in office. >> he is known more for foreign policy approaches and things like that. not someone viewed as being a strong economic minds. when it comes to this manner of policy it just reflects how tone deaf they are and how out of touch. >> now i want to come back to the bill. i don't know they understand that the problem with the climate bill that has been branded, even though a number of obama era economists say it will fuel inflation, most of the benefits do not kick in for a year or two. no short-term effect at all. >> the short term need is extraordinarily important. let's be fair, though. some prices have come down. gasoline national average

. >> this event today at the white house with james taylor and the rest of the crowd. >> yeah. >> is that a strategic blunder? you got inflation reduction act and on the other side, you got wall street tanking over inflation. >> the timing of it with the situational on sexual street is not great for the white house. i am a democratic strategist. >> you would strategize that? >> it is going to cut energy cost by the $800 at least a year for american families. to jason's point, democrats have to do a better job getting out of this packet that was passed single handedly by democrats. they have no plan. their plan was extreme abortion plan for a nationwide ban. >> that's the comparison and kevin brought it up. i want to go on more on inflation. what do republicans have to do on inflation other than just let the numbers speak for themselves. what are republicans going to tell voters they're going to do on inflation? >> they need to speak directly of what they want to do about reducing the cost of energy. this high-rise energy are inflected. what are other aspects they could do? education,

it is bad enough that president joe biden held a james taylor celebration concert yesterday after a terribleinflation report with soaring prices for food and groceries, electricity, natural gas, cars, medical care, pretty much everything besides a drop in gasoline. near 1300 point stock market sell-off and 30-year mortgage rates jumping all the way up to nearly 7%, decim

as part of this feel-good celebration the president introduced james taylor. biden said he would heal our soul. he saying i've seen fire and i've seen rain, a song about heroin addiction. someone in the white house should get a grip on this presidency. you don't stage an inflation reduction party when inflation still rages and the stock market drops $8 trillion. i should calm down, and hand over to fierce biden critic liz peak. that was a ridiculous event yesterday. >> was horrifying, probably the worst political misstep i have ever seen. you had on the tvs following a split screen showing the stock market absolutely crushing crashing with data, 1300 points and on the other side president biden partying on the south lawn of the white house talking the inflation reduction act which no one thinks his inflation reduction act and how it is for the people. what is he talking about, what people? half the country invest in the stock market and here is what is wrong economically about what he said. the stock market does influence spending. it influences consumer senti

lady at the white house after a dismal day on wall street and it was actually reminiscent of when james taylorwed up for big celebration at the so-called ablation reduction day. that day saw starks trembled dramatically still democrat cit economy is on the rebound that rolling back republicans that you can imagine back to that fo offering a dueling commitment t america they hope will put them in the majority. >> can't mess it reaction from four to congressman byron donal straight ahead. we begin with the democrats ramping up their attacks on wha they are calling so-called extremists met agenda republicans. we will find out all about that. christina has the latest on tha story she joins us from the wes coast. >> great to see you. president biden once again wrapped up political attacks against republicans tonight committing a majority would strip away the fundamental rights of americans. he made these claims at the national national education association headquarters. it tonight the audience of teachers and union members at lesson bomb as the president claimed the gop is controlled b mega republ

yesterday, there was this plan is a mark the passage of the inflation reduction act with music legend james taylor, no less. but it was overshadowed by a stock market plunge that sent shock waves across the globe. talk about your fire and rain. the disastrous drop coming after a government report on consumer prices showed much higher than expected inflation persisting, up a crushing 8.3% in august. grocery bills skyrocketing up 13.5%. got a family? you know it's getting up the paper that is all happening as the folks over at the the dashe shuddering watching the dow drop over 1,000 points. in alfred e. neuman version, what, me worry? the president brushed off the decline. >> president biden: today offers proof that the soul of america is vibrant, the future of america is bright, and the promise of america is real. it is real, it is real. >> the nearly 80 year old president cheered on by an 82 year old party boss. who had what some call a pleased clap jeb bush moment. >> mr. president, thank you for unifying and inspiring a vision of a stronger, fairer, safer future for all. your extraordinary lead

. >> now you know why libs with money love this place obama, larry david, james taylor, spike lee.helsea handler the kennedys, rosie o'donnell, oprah, bill gates i could go on all hour. don't they always say i want illegals to come out of the shadows now that they are out of the shadows and on their island these liberals want to put them back in the shadows. i thought they wanted more diversity and inclusion. i guess they don't. 8,000 illegals crossing the border every day, not our problem. that's texas' problem. but when 50 migrants go to where obama vacations, cnn sends a whole crew to see how they are managing the stress. >> this is going to be a logistical heavy lift. we are on an island. this is, i'm sure, tight-knit and everybody knows each other on this island. people think of this as the rich and famous on martha's vineyard but what sort of 50 immigrants, what sort of stress does that put on martha's vineyard. >> well, the truth is that, of course, the fact that it came in such short notice there's the stress. >> jesse: why are you guys so stressed? you voted for this polic

even had a live performance from james taylor. he ser nated the crowd with fire and rain. it's as great song. song about drug addiction and suicide. it may be perhaps appropriate in this sense because of the drugs. now, a celebration, pathing themselves on the back on the day that inflation numbers rose yet again from the previous month. can you really be that oblivious and that out of touch with the american people? because americans are suffering. now, the president even treated his guests to a rage-filled celebrity speech complete with weird, anger yelling about how joe biden himself rescued america's economy and fixed inflation. >> i don't want to be a party casher -- >> all the news network featured live side by side footage. look at that, they were showing the stock market crashing. even fake news cnn, msnbc, they seem absolutely shock that joe biden was spiking a football at the moment americans' retirement funds were being wiped out in real-time. his celebrate rigs didn't stop there. today he visited the detroit auto show. that's a gate looking corvette. just three

tuesday, james taylor sang at the white house inflation reduction act celebrations but the party gotve been working on. the social security administration is looking to boost payments over 17 hundred bucks next year for millions of older americans. my aunt tore us a already says she can't wait to send that money to her friend the nigerian prince. some critics are saying that brendan fraziers new movie the whale shouldn't be seen by fat people. so far text sales are strong since many movie goers had to purchase more seats. i saw that coming and where still went for it. terrible. >> that's amazing. >> while vacations in wales a woman checked into an air b & b to find a sheep in her bedroom or as the taliban call it, the honeymoon suite. why weren't these in my monologue? hiring an exotic dancer to get lap dances. erotic lap dances, where do you think they are, a children's library? these are so good. although the answered later one guy tried to play for a lap dabs with a coupon. form cnm host brad has been hired by harvard disbecauses on threats to democracy. he says he passed on corne

bill gates was martha's vineyard, so was oprah, james taylor, spike lee, amy schumer, and many more. a much better person than you are because they support diversity. and now for the first time there and have some diversity. it's just a beginning, martha's vineyard will be many, many more illegal aliens, tens of thousands work to the island is no longer majority white. only then can it be a good pl place. at the same time the people who currently go to martha's vineyard organa have to keep going there. they can't run away to somewhere else. that would be immoral. it would be as michelle obama has told us, white flight. now massive demographic changes were also make a different sort of place. that is okay. change is good. anyone who fears change is a racist. we know that for sure because they've told us that for years. swear you might ask what all of these new people live on such a small island? simple. first they can occupy barack obama's compound, there's no reason obama needs them at space. nobody needs of space. you could probably fit a dozen immigrant families in barack obama's p

invite james taylor to the white house for a pep rally. this is crazy. kelly anne is exactly right and american voters and american people and american family haves common sense and know what's going on and there's a reason why so many people think joe biden's doing a bad job. it's because he is and they're going to show up, i think, in a big way in 56 days and change who runs the government. >> sean: i'm hoping you're right. steve moore, how do we get the economy right with a 75 basis point rate hike by the fed and what's that going to do to the housing market in general? >> yeah, you sowed some of the statistics and looked at increase in the mortgage rate you talked about. if you buy a median household, median priced home, maybe $450,000 over the life of that 30 year mortgage, just the increase in interest rates will cost you about $150,000. this is g going to crush aspirig homeowners. we've got to do two things and the reason the stock market crashed today is when the high inflation numbers came out, investors realize the fed will have to probably rai

was going so well for the president, the white house threw a party last week with a concert by james tayloru have had a sling of legislative successes recently. the much more modest bipartisan gun law that passes summer may be the best example of the presence legislative breakthroughs that no one thought possible. catholic and devout he keeps a rosary in his pocket. >> you've lived a long life of triumph and tragedy. >> laura: in a moment or even pelley couldn't even save joe biden from himself. >> which a chinese president know about your commitment to taiwan? >> president biden: we are great agreed with what we signed onto a long time ago. there's one china policy and taiwan makes her own judgments. >> what would u.s. forces defend the island? >> president biden: yes, there was an unprecedented attack. >> unlike her ukraine to be closer, u.s. forces the u.s. men and women would defend taiwan in the event of a chinese invasion. >> president biden: yes. >> laura: oops and that brings us to -- >> after our interview a white house official tolls that you will u.s. policy has not changed. offi