>> jared bernstein: two words, mike, lowering costs. lowering cost of insulin, make sure measures to keep down price of prescription drugs, of healthcare coverage, continue fighting junk fees with concert fees, airfares, hotels, to build on progress and lower inflation and lower cost in key areas of consumer spending. and i think this is very important to look at contrast between who this president is fighting for and who those on the other side of the aisle appear to be fighting for. their economic agenda is to cut taxes for millionaires and billionaires and repeal legislative measure, lower cost of insulin, prescription drugs and clean energy and health coverage and defund the irs so millionaires and billionaires can continue to evade hundred of billions in taxes. look who is fighting for whom, it is clear. >> mike: what about the debt 33.9 trillion and growing is not sustainable. >> jared bernstein: yeah, totally a fair point and big issue for the coming year. we will have our budget out in a couple of months. that budget will show c

we were less economic council of advisors chair jared bernstein about the disconnect in an exclusiventerview. plus spirit clicks are at a time of the year we are seeing more at the border. it is not unusual but this is an immigration system that has been broken for decades request migrant encounters for the year crash records as congress remains split on security talks. we will get reaction from to two border state congressmen. texas democrat henry cuellar texas republican tony gonzalez. then. lexa came to the conclusion that i could not unfortunately or fortunately, wait for the united states supreme court perplexed at main it becomes the second state to try to block her president trump from the 2024 primary ballots. >> it opens up pandora's box for quick to say this is someone who is riding in the same race as donald trump. this is not how we should want to win. lexis should be decided by the voters of the united states should not be decided by courts request republican slam the move as the race for the white house heats up on the campaign trail. we will get reaction from our sunda

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joining us to break down the data is che chair jared bernstein. see you. >> good to see you. >> there's a lot to like in this report for investors, for i'm sure you guys at the white house, higher participation, lower unemployment rate, higher wages. does this come as a surprise so far into the fed's hiking cycle? >> good question which i'll answer in a sec let me add another group for who this is good news. that's working americans when we have the kind of tailwind as we've seen here, as you correctly pointed out, this isn't just a monthly result. we've been running these strong job report growth reports for month after month. i don't think you mentioned the unemployment rate ticked down to 3.7% we now have 22 months in a row with the unemployment rate below 4% we don't have inflation yet for november, but we know year over year pay was up 4% my guess is that will beat november inflation that will be another month of real wage gains. that helps to put a tailwind in consumer spending, which is, of course, 70% of our economy this kind of perpetual

council of economic advisers, jared bernstein, joins us live. >> stephanie: plus, the latest on thatent applesauce investigation tied to dozens of incidents around the country involving young children. >> gio: and maui strong. how music is helping in the recovery effort after the heart of lahaina re-opens four months after those devastating wildfires. we are looking forward to that story here, of course, but we begin with millions of americans bracing for that storm targeting the east coast with heavy rain and potential flooding. meteorologist brittany bell from wabc is right here with the latest on what to expect. good morning, brittany. >> brittany: good morning, gio. and this storm could be dangerous for some. in florida, you are up first right now. that's in the gulf bringing light rain for now but that rain just gets heavier. look at these alerts. we have a wind advisory, also a flood watch. rainfall totals could range between 3 to 6 inches. we also could see gusts up to 45 miles per hour. let's time this out. that rain gets more intense in florida throughout the afternoon, and

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jared bernstein, the chair of the u.s. council of economic advisors, says prices for things like eggs plane, tickets and cars are much lower than their peak. but overall, when it comes to americans, complaints about costs, we you. that was jessi tenure. >> reporting for us tonight. airlines are raising their flight prices leading up to christmas travel app. hopper says prices have already increased by about 9% in the past week. that's a sharp rise than what we saw in previously year years leading up to the holiday domestic round-trip flights between december 26th in the 30th cost an average of $357 cent average round-trip flight on christmas day is also up about 3% from last year. now, 350 bucks on average. however, international flights are trending down compared to last year. >> nasa astronaut jasmine were belly is celebrating hanukkah from space. the iranian american astronaut shared this video of a menorah made from felt along with a dreidel spinning in 0 gravity. pretty cool video here. she's currently on the internat

. >> something else you do not hear from present biden or his campaign or jared bernstein is the "washingtonost" reporting the united states is now producing more oil than any country ever has. >> lucas tomlinson, with the president. thank you very much. let's bring in steven moore chief economist at freedom works is one of the founders of the committee to unleash prosperity he's also the author of god godzilla. thank you so much for joining us. today on fox news ascendant we have the chair of the white house council of economic advisors arguing the economy is improving. take a listen. >> so with the strong tail wind of this job market behind consumers with easing inflation coming back to where it was pre-pandemic, with actual lower prices and eggs, tvs, toys, airfares, used cars, that is starting to make a difference to families. and as i said, some of that is showing up a in our consumer confidence measures. >> many americans clearly still not happy with the state of the economy as lucas tomlinson noted in his report and the associated press also wrote this. okay they actually wrote their

and i think that there are some great people who show up and i love that they come on fox like jared bernsteinhn kirby is out here all the time talking about what the administration is doing. but it's too far and few between. >> katie: he is the president and he does have the ability to say i want to talk to the press whenever i want. we got to go. shocking new details on the deranged lunatic who stabbed two teenage girls while ranting about how he wanted to kill all white people. ♪ ♪ (♪) sam! hey little brother! make this december one to remember. happy holidays from lexus. (son) dad. you ok? (dad) it's our phone bill! we pay for things that we don't need! bloated bundles, the reckless spending! no more... (mom) that's a bit dramatic... a better plan is verizon. it starts at 25 dollars a line. (dad) did you say 25 dollars a line? (sister) and save big on things we love, like netflix and max! (dad) oh, that's awesome (mom) spaghetti night -- dinner in 30 (dad) oh, happy day! (vo) a better plan to save is verizon. it starts at $25 per line guaranteed for 3 years and get both netflix and max for

jared bernstein, chair of the economic advisers out to do the rounds on tv. all of that is good. but just take a second right now. to consider what the alternate reality would be like in this moment, after this turbulence under a donald trump presidency. my strong belief is that part of the reason that people's perception, the economy was good in the trump era, the trump would be good at managing the economy, is that he constantly unceasing lee sledgehammered us over the head with propaganda about it day after day after day. the economy other his leadership was the greatest of all time. >> we have the best economy, greatest economy we've ever had. the greatest economy we've ever had in history of our country. the >> the greatest economy anywhere in the world. the greatest economy in the history of the world. we have the greatest economy on earth, not even close. by the way, that wasn't true, if you even think of the metrics but even worse amidst the tumult, the scariest toughest days with the pandemic, when donald trump was president, remember, it didn't stop in 2019, he was pres

. >> that is former white house economic adviser, jared bernstein, highlighting how the economy has improvediden administration. as he mentioned, the national gas price average that said about $3.11 a gallon. that is a far cry from june 2022. prices climb to 502 a gallon. joining me now, republican strategist, susan del percio, and former florida congressman, david jolly. both are msnbc political analyst and two thirds of my sunday family. we're missing don. we're going to miss him a happy new year today. let's talk about the stock market to the job numbers. this year has been an economic success for the white house, susan. why is that snot resonating with voters, because you think that these gas prices has been lower, but that was certainly resonate with voters. >> first, let me wish you, david on a very happy and healthy 2024. i hope that we make it through. it's going to be a challenging year. but when it comes to the economy, people are not feeling it. mostly because of interest rates been high, and i'm always a little doubtful that people using the price of gasoline this far out from an

jared bernstein, the chair of the u.s. council of economic advisors, says prices for things like eggs plane, tickets and cars are much lower than their peak. but overall, when it comes to americans, complaints about costs, we you. >> now the fed meets again next weekend is expected to keep interest rates unchanged for the 3rd straight time live in washington. i'm jessi tenure. all right. jessi, thank you. >> now to the war in the middle east, israeli forces struck hundreds of targets across the gaza strip over the past. 24 hours. sirens going off in tel aviv as hamas continues to fire rockets into the city. this as the israelis push forward in the north south and along gaza's coast, even in mosques where at least 3 people were killed and 15 injured. the un calling for another pause to help the humanitarian situation in gaza. well, over 80% of residents are now displaced. a disturbing event on the first day of hanukkah in albany, new york. it happened outside the temple, israel synagogue. 2 shots were fired by a suspect lat

jared bernstein, the chair of the u.s. council of economic advisors, says prices for things like eggs plane, tickets and cars are much lower than their peak. but overall, when it comes to americans, complaints about costs, we you. >> now the fed meets again next weekend is expected to keep interest rates unchanged for the 3rd time in a row live in washington. i'm jessi tenure. all right. jessi, thank you so much. still ahead, crab season delayed again. why you might not want to count on. >> i think rob, for your holiday celebrations and the cdc issuing a new warning after they say they found a stronger strain of m-pox details at. another one in the books. but we're just getting started. everything going well? oh yeah. let's take a look at this knee. because it's the work behind the scenes, that truly matters. [ physical therapy staff discusses results ] for your mind. for your body. and for the community. -team! for all that is me, for all that is you. kaiser permanente. commercial dungeness crab season is getting delayed