we will continue our conversation about the economy with economist stephen moore. he will join us. he is with freedom works, their senior economist. we'll talk about the economy and more and hear from you later wu for ian buettner's reporter and jenner for yadkin joins us from gender and she'll have the latest on the severe drought conditions and the water shortages in the west. >> january 6 public hearings continue as they release evidence gathered in their investigation. tune in thursday of the committee examines how then- president trump may have pressured vice president pence to not certify president biden's election. watch live thursday at 1:00 p.m. eastern time on c-span3, c-span now, our free mobile video app, or anytime online at c-span.org. you can also visit our website, c-span.org/january6 to watch previous hearings and other videos related. c-span, your unfiltered view of government. if you are enjoying book tv, then sign up for our newsletter using the qr code on the screed to see the schedule of upcoming programs, author discussions, book festivals and more. every sun

january 6th committee hearings look of the vitamin even if it administration economic policies with stephen mooresenior economist for freedom works and former trump senior economic advisor, and news reporter jennifer on severe drought conditions and water shortages in the u.s. how much washington journal, live is 70s or on wednesday morning on c-span or cspan now, free mobile happen join the conversation the phone calls, facebook comments, text messages and tweets. >> elise expresses recorded conversations while in office, here many of those conversations on c-span new podcast, recording. >> season one focuses on the presidency of lyndon johnson new bear by the 1964 civil rights act of the '90s is his initial campaign in the incident in the march on summa, and the war in vietnam and not everyone knew they were being recorded,. >> certainly johnson secretaries new because they were tasked with transcribing many of those conversations and in fact they were the ones that to make sure that the conversations were taped as johnson would signal to them, through an open door between his office and there'

stephen moore shares his thoughts on the biden administration's economic policies. later, we discuss the drought and water shortage in the u.s. with e&e news staff writer jennifer yachnin. ♪ host: whatever action the federal reserve takes today on interest rates, inflation, the cost of gas, cost -- food, and more are expected to remain at record highs for some time. with another set of midterm primaries yesterday and the november elections looming, president biden has stepped up the ministration action and messaging on the economy. republicans in congress have kept up their critique and stepped up with an inflation plan of their own. it is wednesday, june 15, 2022. we will spend this first hour asking you about the economy. if you are an optimist, the line to call is (202) 748-8000. if you are pessimistic about the u.s. economy, (202) 748-8001. you can also send us a text. that line is (202) 748-8003. we ask you to leave your name, where you are texting from. we are on facebook, twitter, instagram, and that is @cspanwj. it is not an answer on optimistic or pessimist

stuart: economist stephen moore with me this monday morning. this issue? >> well i'm with neither of them. i think that i said on your show last week, i'm going to stick with this , that we are in a soft recession right now. first six months of the year have been negative for growth. that's kind of technically, now it's, you know, not a catastrophic loss in gdp but we're probably down 1% from where we were six months ago and then when you add to that, stuart, the fact that people's incomes in real terms are falling really fast, you know, something like two to $3,000 a year, that's a recession, so yeah, we're in a recession. i think the only real question right now is whether we're going to have a soft landing or have a crash landing. i think a lot of that depends on the policy decisions that the fed and the biden administration make over the course of the next two to three to six months. right now i'm not hearing much positive out of this white house in terms of how to combat a recession when they talk about higher taxes, more price controls, m

stephen moore on that, next. there's an innovator in all of us. ♪ ♪ that's why we build technology that makes it possible for every business... and every person... to come to the table and do more incredible things. ♪ ♪ lemons. lemons, lemons, lemons. look how nice they are. the moment you become an expedia member, you can instantly start saving on your travels. so you can go and see all those, lovely, lemony, lemons. ♪ and never wonder if you got a good deal. because you did. ♪ stuart: all right, we are 12 minutes into the session, the dow is up 260, the nasdaq is up 174. i like that, modest rally. president biden likes to blame our economic problems on putin's price hike; however, a new report puts the president's claims in some doubt. hillary vaughn has the story. what's the truth behind the president's blame game, hillary? reporter: stuart, wet the president is not only passing blame but also painting a very rosey view of the economy here is what he said in his jobs speech on friday. >> families are carrying

let's bring in stephen moore who joins us now. okay, stephen.s i haven't been this worried since 1988. i want to get to the gas price angle of this first. how high could gas prices go, do you think? >> well, ashley, you know, when trump left office, we were paying about 2.49 a gallon, now nationally what around 5.05. that's a doubling in the gas price. look, it's hard for me to believe that it could go a lot higher than that. those are extraordinarily high prices, and it's putting a real dent in family incomes. the other part of this is these losses in the stock market haven't just effected rich people. my wife and i looked at our 401 (k) retirement savings. we're getting wiped out, as a result of these massive losses, so people have less money and yet they're paying more for things. it's a witch's brew. ashley: it really is a witch's brew. you, if i'm not mistaken, steve, you say a recession is already here. why do you say that? >> i do, because if you look at the manufacturing numbers, way down last month, housing, i'm really worried i told st

stephen moore believes that the us is already facing serious problems due to funding for kiev and anti-russian mild recession. we have been observing negative economic growth for half a year now. this is not a catastrophic decline in gdp, but we are already talking about one percent. and this decrease, first of all, affects the incomes of the population, people lose 2,000 dollars each. year and it's signs of a real recession roundup of possible economic german analysts publication bild publishes a study of the unification of the bavarian economy, which estimated the damage from a possible refusal of berlin from russian gas to the budget, would not have read almost 200 billion euros, the glass, steel and food industries. in fact , they would have stopped, and germany's gdp would have lost 12.5%, artyom krasulin ekaterina shamaeva to lead. bulgaria is expelling 70 russian diplomats and embassy technical staff, including filipp voskresensky, adviser to the message to the diplomatic mission in sofia consul general in the army of russia, as well as the director of the russian cultural and informati

stephen moore joins us now. stephen, produce, the producer price index comes out tomorrow.earing talk of 10 or even 11%. what do you say? >> well when you have these energy prices as high as they are now, stuart, that obviously ricochets throughout the economy and throughout the production process so we could easily say see somewhere between eight and 10% with producer prices and what really worries me as we move forward, because you just, a few minutes ago on this show asked susan li about this issue of demand destruction and i think you're going to start to see that in the weeks and months ahead. as these price increases are so outpacing people's pay that they just don't have the money to pay for the cost of rising rents, rising travel costs, rise in gasoline, food prices. it's throughout the economy and people are falling so far behind in terms of their incomes that you are going to see demand destruction and that suggests that unfortunately, it now looks like a recession is right around the corner. stuart: would you comment on what i'm calling crypto crash? today, ether

coming up, a look at the biden adam -- the biden administration's economic policies with stephen moore and the former trump economic advisor and jennifer on severe drought conditions and water shortages in the u.s.. watch washington journal at 7:00 a.m. eastern on c-span or c-span now. join the conversation with our foreign -- with your phone calls, facebook comments, text messages, and tweets. by a vote of 396-27 the house passed a bill providing security to immediate family members of supreme court justice is and officers of the court. the legislation was approved by the senate in may after demonstrations began over a leaked draft opinion that would strike down roe v. wade. the issue gained more attention when a california man was arrested near the how -- the home of justice brett kavanaugh and charged with attempted murder. the bill heads to president biden's desk for his signature. consume. the speaker pro tempore: the gentleman is recognized mr. lieu: i rise in support of thsu

can we possibly have somebody like robert wright or i think his name is richard wolf instead of stephen mooredoesn't even have an advanced degree in economics? i would appreciate that. host: this is rip in fredericksburg, virginia. good morning. line for republicans. caller: good morning. illegal immigration is the only really big problem in our whole nation. that's why we have inflation, because you have to pay for every illegal immigrant that comes in. i think they get $900 immediately per person. if you just google and find out, they get an inordinate amount of money constantly. they say there are 13 million americans -- 13 million illegal immigrants in america. the word on the street is that it is 110 million. host: using the biggest cause of inflation in this country's immigration? guest: absolutely -- caller: absolutely. host:host: and you think there's 700 million in the country? caller: that's the word on the street, just because that's what i'm hearing people around the world say. that doesn't mean it is true. that means that that's what i am saying. our government is saying one thin

moore that's according to the country state media . you as president joe biden has directed american agencies to see what assistance they can provide. stephen beardsley that makes with the w business news. i'll see you tomorrow with she just will use crime fighters are back to that and african most successful radio drama series continues them all episodes are available online. and of course you can share and discuss on d. w, africa's facebook page and other social media platforms. crime fighters tune in now what's making the headline and what's behind d. w. news africa. the show.

stephen. sheila. joe daniels. vincent. gary. debbie. ernie. marjorie. maria. victoria. alexandra jessica. moore. logan. tony. raymond. gloria. marco.ammed, rubio, fatima, hamid, mohammed, e brahim, ali, isaac, brooke, maya, mary forever in our hearts. lena, malik, omar, mehdi elwahabi yasin el wahabi faouzia el wahabi abdulaziz el wahabi choucair forever and our hearts. those of the names of the _ forever and our hearts. those of the names of the 72 _ forever and our hearts. those of the names of the 72 people _ forever and our hearts. those of the names of the 72 people who - forever and our hearts. those of the names of the 72 people who lost - names of the 72 people who lost their lives in the tower, in the fire, five ago today. now, expecting the gospel choir to sing the change going to come. originally sung by sam cookein cooke in 1963 originally sung by sam # i was born by the river, in a little tent # oh, and just like the river # i've been running ever since # it's been a long # a long time coming # but i know a change gonna come # oh, yes it will # it's been too hard living # but i'm afraid to die # cos i don't know what's