joining me former economic advisor to president trump, freedom works economist steve moore. here. do we know who actually put up this nomination? >> we're trying to figure that out, david, and i think you really hammered it. this really isn't about omarova. obviously she had pretty crazy ideas way outside the mainstream of most americans but it was really more, this tells much more about this administration, that they would actually put someone like that up for nomination. in fact i would say it was unfair to her. she was indicted with her own words about trying to kill coal companies, oil companies, private banks, morgan stanley. she doesn't believe in the free enterprise system. she is not the only one, david. as you know there is a key appointee to the federal communications commission who says that she thinks that maybe fox news shouldn't exist because of its, of its views. the people, the woman who runs the federal trade commission wants to basically regulate all mergers and acquisitions in the economy. i could go on and on but this is a pattern and it is the resurrectio

i want to bring in steve moore into this. steve, you are one of the happiest guys i know. talking about, debt and being financially frugal and investing and my worry is that people are doing just the opposite right now. we're seeing this massive spending spree which wall street loves, right, but i worry that people are living for the moment right now and not investing for the long term. we're seeing increases in debt loads. i wonder if that's something that worries you. >> yeah, that is a concern. look, there's two mindsets out there. there's what's called an asset aca layings and a debt elimination mindset. a debt elimination mindset means eliminate debt at all cost. that's great. asset accumulation mindset asks can i earn a greater return on my money than the cost of borrowing. if i'm saying should i invest my money or pay off my mortgage and i'm borrowing at 3%, maybe you should invest. it's likely you can beat a 3% return. to the point of piling up credit card debt to the tune of 25% per year, it's probably best that you pay off that debt before you start spending mone

he is saying basically the white house claims much their economic success, steve moore is saying no.at the underlying numbers around he is saying the best advocate vindicating trump policies are all the things you just detailed and more. it is not just anyone nation. it is also gas prices going up. its falling pay paychecks eroded by inflation. remember "the washington post" 2016 headline said trump will destroy the world economy. that didn't happen. >> no, it didn't happen. when you take away regulations which is one thing that donald trump did particularly for small businesses, lower taxes, give people more incentives to work the economy really begins to hum. investment goes up, productivity goes up. wages go up. what we've had is unbelievable pumping up of the economy through government spending. you just had a piece about the government debt. that is fueling a lot of growth as is the enormous increase, 5 trillion-dollar increase in the fed's balance sheet. this is not going to end well, liz. i think the fed is way behind the curve. this is not very sustainable. elizabeth: liz pee

steve moore has been warning about that. kind enough to tell us. everything is sky rocketing.couple of observations about what the president said. it is true that it's good news that a lot of the empty shelves that we're worrying about haven't had. it's amazing how well the economy can adapt quickly to a crisis like we had a month or two ago. however, a personal story, i mean, 2 1/2 weeks ago, i ordered a huge number of christmas presents for family and friends from amazon. usually with amazon, you get that stuff in three days. 2 1/2 weeks later, i still don't have it. christmas, two or three days away. i talked to a lot of people that say we're experiencing the same thing. i'm not convinced the supply chain problems are over. the thing that worries me the most going forward over the next month or two is the overreaction of potentially to this new variant, the virus. i am worried about lackdowns and shut downs. we're seeing some schools shutting down. we cannot do that again. we cannot do that to our small businesses. >> neil: that could drive up prices, too. >> you better bel

from the home of the countries most bumpy chassis, this is froe manchin and kyrsten sinema and steve moore and many others. >> from the fox studio in new york city, this is "maria bartiromo wall street". maria: welcome to the program that analyzes the week that was an helps position you for the week ahead, i am jackie deangelis and for maria bartiromo. another wild week for stock as investors digest inflation numbers, fed comments and growing covid restrictions. mark on where to invest now. democrats set to miss a key deadline but holding out hope for pushing through their social spending bill, this despite surging inflation what voters on both sides of the aisle are saying in our new fox business pole. plus biden laugh enough questions as were hearing new calls to investigate the covid origin from a very prominent doctor, senator marsha blackburn weighs in. it retailed leaders speaking on the rise in crime, the neiman marcus group ceo has to say about this holiday sale amid rising inflation in the company may be splitting into three, let's take a look back at some of the top newsmakers on

manchin and kyrstd steve moore and many others. >> from the fox studio in new york city, this is "mariae program that analyzes the week that was an helps position you for the week ahead, i am jackie deangelis and for maria bartiromo. another wild week for stock as investors digest inflation numbers, fed comments and growing covid restrictions. mark on where to invest now. democrats set to miss a key deadline but holding out hope for pushing through their social

all right steve moore, awesome, thank you both. merry christmas. to be.jamin >> many americans expect to deliver christmas gifts light. fox news spoke with a supply chain expert and a small business owner about just what issues are driving the crisis. >> people think i can get a product, must be supply chain problems are >> he is may be more immersed in a world of global supply chain than anyone. his company, each to open allows clients to streamline supply chain logistics from start to finish. >> we don't really understand what goes into making a product that good. >> he sees the supply chain is more of a supply network. >> if anyone in the network is a problem they can set the entire network. >> that complexity is partially how the u.s. wound up with lines of cargo ships stretching for miles at our ports. he says one of the products most affected by the crisis is the laptop, which has thousands of separate components each with a smaller supply chain of its own. that depend on overseas partners, who are dealing with their own overcrowded ports. so laptop

here to react is steve moore former economic advise o*sh to president trump and austan goolsbee fromeconomic advisors under president obama. welcome to you both. a lot of people said the tweet was a doozy on the scale of the hunter biden laptop being russian disinformation. you felt like big tech would shut it down. you had someone saying please tell us the name of the country where this happened. steve, what do you think of the tweet? >> well, happy new year to you, trace and to austan. look, it is hard to say this is a great -economy. the jobs are out there, we have a record number of unfilled jobs. that's a great situation. if you are a working for a new job they're available if you have the skills to fill them. the problem has been in my opinion, this is like our country has become addicted to crack cocaine of government spending. that can't go on. this is new year's eve. people will be drinking a lot tonight but guess what you get a hangover effect. what really worries me is what will happen in 2022 when you have the hangover effect from all of this inflation and all the unpaid

political and economic ramifications with vice president aaron perini and freedom works economists steve moore> mike: democrats trying to figure out if they can get all 50 democrats to support without making progressives angrier. i asked ben carson about that effort on sunday. >> we have to find that sweet spot and as long as everyone is at the table negotiating on president biden and includes all parts of the caucus in the discussion, we can reach that sweet spot. listen, a lot of us will be disappointed and we will not let perfection be the enemy of getting something done. >> mike: steve, how do you assess it? >> the democrats have spent $3 trillion this year so it's not like they are walking away with nothing. we have $11.9 million so this is unprecedented, massive fiscal expansion. remember when obama came in, he had $1 trillion and biden $6 trillion so six times more. i'm very worried, mike, the reporting about the filibuster and the democrats may try to run over the traditional rules of the senate to pass this as i am with this idea of being floated mike, democrats, the biden administrat

it got former trump advisor steve moore and former obama economic advisor robert wolf.gh. head of the midterms, laser ring in on this. take a look. >> over the last year, the prices you paid went up 6.8%. that is the sharpest inflation surge since 1982. >> gillian: i mean, i'm scared. are you scared? >> well, as steve and i have been talking for months, i didn't agree with the term "transitory" either. i felt like we had inflation today, we'd have it tomorrow, and the foreseeable future. i am not surprised by the rnc's tagline advertisement. the dnc will have one that they added the most jobs ever in a 1-you period. the most people joining health care plan over 10 million. the lowest poverty. each time will have great advertisements. i don't think there's a question of that. the question, is that glass half-full or half-empty? it depends what numbers you look at. it is no question we have inflation and higher wages. we have a supply and demand situation, a gap in the labor force. we have more people entering the labor force at the same time and more people leaving the l

>> is a great point dagen, i want to talk about labor participation rate but steve moore your take on us how great everything is going? when watching him this week, talk about the economy i thought to myself wow. that is big week for jobs the jobs numbers coming out friday why is he getting ahead of this why coming out on a wednesday, or thursday, and telling us how great everything is i think it was wednesday. when we've got a jobs number coming out friday why not wait? maybe he knew we were about to get a stinko of a report. >> look, i am puzzled by this number i was in camp thought closer to 500,000, so, i am mystified i am throwing out a hypothesis to you, two words vaccine mandate. i think the vaccine mandate is holding people out of the workforce. and i really believe this is a big mistake, obviously, a hot issue debated right now i know personally people say -- because the requirement to get vaccine i am not showing up for work not going into workforce i think that had a chilling effect on labor markets, but look the overall picture of the job market, is still positive anybody

jason furman of the obama years and steve moore. we will hash out where this goes next. they put their political hats on as well. >> john: another harrowing robbery on new york city subways. a 23-year-old model from thailand was left bruised and bloody on a platform after a vicious attack. the whole thing was caught on camera. she said she just feels lucky to be alive. the "new york post" with the headline my subway nightmare. david lee miller with the shocking details. >> she came to new york city for a modelling career but ended up on the front page because she is the victim of a violent cream -- crime that sparked fear and outrage. at 4 a.m. she was coming home from a concert. surveillance video shows her being grabbed from behind and forced to the ground. the assault lasted about 30 seconds. it's too graphic it show everything that happens. the young woman was left bleeding and bruised. her face swollen. police say on the ground the individual touched the victim's private area and fled with her purse. her lawyer says she was traumatized by the attack. >> you have rec

now in new york harold moore the chief culinary officer at charlie palmer state one of new york's top steakhouses he joins us live. harold, good morning to you. >> good morning. stevetarted slowing down because it was hard for them to get their products to marketed. now, here we are coming up on two years later, are the big meat packers gouging america? >> i don't really feel like they are gouging. it's just a supply issue. it's -- they didn't start the process two years ago in a vigorous way and now here we are, there is a lot of demand and just not a lot of, you know, cows out there. that's part of it. steve: all right. we're looking at some of the prices in the grocery store right now. i know you tried to pivot because it's hard to get. you got really good grass fed beef at your place. and so, that's hard to get. so you tried to pivot to poultry and pork. you are a steakhouse. you have got to have steak. >> fair. we have tried. you know, the criticken thing is very popular but it doesn't fill the need. chicken is way, way up there more than double the price of 2019. steve: so for the people looking in and they look at that beautiful cheeseburger that you sell th