Page 42 - 3 2 News Today

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Investment in the american agenda? >> i think he sees bidenomics as investing. showing that government had a role in americans everyday lives. both at the cmt net and the inflation reduction act is a lot of things like tax credit which allow incorporation to reinvest this separate piece of legislation which allows american companies to continue to grow with government made an investment i think a lot of this comes down to marketing. one persons big investment bill is an important big spending bi...

A manageable 3.2%. actually, i was wrong. thank you for that graphic. 8.5%. august 16 2022 was inflation courtesy of the bonhommes treshaun were now down to 3.2% a year later. noah, here is another win for the biden administration. the forecast for third quarter growth is 5% now. as well as 500 billion dollars with investments from private companies. we also have the fact that we have avoided a recession. noah, all of these are good things for this administration. why is this message not getting...

If you have a home right now, youre very unlikely to sell. we see a housing shortage. it is really tough to find houses right now in major cities and suburbs for families. >> big picture, what is the state of our economy? is this a barometer of that? >> right now we see businesses still hiring, wages are going up, and consumers are still spending. this week retail sales for july came in. they were 3.2% higher than a year ago. we see consumers still traveling, going on vacations, going to the mov...

Deserves for the climate agenda aspect of this i think it is $380 billion worth of investment struggling with younger voters who have not latched on to that and identified it. but the elephant in the room is the actual inflation numbers and i understand that it is a marriage between policy and whats going on on the fed and interest rates are up but we started with over 9% inflation at this point last year now at 3.2%. before you say it is too high grocery prices i get all of it i too eat and go ...

Inflation, folks, that is bidenomics. >> it is clear the clock is not just ticking, it is banging, electricity from wind and solar farms in the arizona desert delivered to people millions of miles away, certainly thousands of miles away. >> yeah, major spending bill called inflation reduction act, it has not reduced anything yet. your electric bill up from last year, gas prices 3.87 nationally today, up more than 30%. when you compare to last year, you are about a dime shy. all in, inflation at ...

He deserves for the climate agenda aspect of this. i think its $380 billion worth of investment. and struggling with younger voters who have not latched on to that and identified it. but the elephant in the room is the actual inflation numbers, and i understand that its a marriage between policy and whats going on in the fed and the interest rates are up. we started with over 9% inflation at this point last year. now its at 3.2%. before you say its still too high, grocery prices, i get all of it...

Its now down to 3.2% [ applause ] its going to go lower. take every major economy in the world, we have the lowest inflation rate. at the same time, wages are growing faster than inflation. this matters. the way i think about inflation is the way my dad used to talk about it around the kitchen table. not a joke. im being deadly earnest. how much is left after the monthly bills are paid, how much do you have left over after you pay them all, and at the end of the month, just have a little bit of ...

The us, especially in europe. our correspondent michelle fleury has more. shejoins me now she joins me now from shejoins me now from new york. michelle, lets talk about the inflation part of it first. us inflation part of it first. us inflation is running at 3.2%, well below the uk figure that we have just been talking about, so that part of it has worked, hasnt it? well, look, i mean letsjust go back to this legislation. it actually hasnt done much to get us to that point. and in fact, biden ad...

Come way down, something thats been a tremendous concern to americans. over the last three months, inflation has been running just around 2%. so i think the inflation news has been overall excellent. while there are still risks, weve got a good, strong labor market with unemployment with a low and the economy continues to grow. >> as you point out, the rate of inflation has been plunging. its a fair point. last month consumer prices were up 3.2% compared to july of last year. a year ago when you...