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Thats 3.2% now. there is modest positive wage growth. i think 2.9 cpi number you cited, id rather cite 2.2 people stop buying something, oranges to apples when expensive. were looking at 1% wage growth right now. we think it needs to be 2% and then were hoping that thats what were going to see now that the capital spending is happening, wages will fall. >> we dont want to bore our audience why we like median more than averages. the problem with using median wage growth is that we know that the r...

Christine, its really a good forward looking indicator for the economy. those numbers are off the chart. >> it is. we heard from executive ceos that are very concerned about the tariffs and the impact thats going to have. this does not undo that. these tariffs are not gone. theres a deal to make a deal with europe. its not gone. theyre still there. i would just note, the growth that steve moore, you are talking about, is annual growth. you are hoping for annual growth of over 3%. the president s...

>> bill: awaiting president trump on the white house and were learning while speaking at a press conference moments ago vladimir putin invited donald trump to visit moscow. but was ready himself to go to washington for talks if there are appropriate conditions for work. a week ago the president invited vladimir putin to d.c. and that was pushed off until after the mid-terms into next year 2019. so putin with some words a moment ago from moscow. here in new york city now. >> president trump: well...

About the republicans. i thought in the last two weeks, republicans thought things were going so well. >> yeah. look. in some degree, they are. larry and his people are very part. i started out by saying that they moved 17 races towards the democrats including adding eight republicans into the toss-up category. they did it largely because of money. democrats have had a good fund-raising quarter. 7 of the 8 republicans that they moved to the toss-up category have more can on hand. but theyre righ...

Jim acosta, i appreciate it. thanks very much. obviously the president goes to -- will be in london tomorrow. joining us now is author and retired army lieutenant colonel ralph peters. lieutenant colonel peters, first, the presidents claims about payments to nato. what do you think it is? a willful gross misunderstanding. >> i think in the beginning it was a misunderstanding that he jumped on, but now its a technique to throw red meat to his base. trump thrives on disruption. and the irony, ande...

>> yeah, its fascinating to see a world leader be tough everywhere except when theyre face-to-face with the actual person that they are being critical of. its an interesting strategy. jim acosta, i appreciate it. thanks very much. obviously the president goes to -- will be in london tomorrow. joining us now is author and retired army lieutenant colonel ralph peters. lieutenant colonel peters, first, the presidents claims about payments to nato. what do you think it is? a willful gross misunderst...

As they should to the rescuers and the soccer team. the distances they have to penetrate, 3.2 kilometers, 1 1/2 miles. the scuba cylinder, based on the depth, the breathing rate, an 80 cubic foot cylinder is not going to last at that distance. the cylinders are prestaged for the divers and the soccer players. thats a critical element for the success or failure of this operation. >> wow. you are a cave diver yourself, obviously. from your perspective, what do you think the biggest challenge is go...

Expansion will continue. a trade war would effect because of trumps tariffs on imported goods and retaliation from other countries. this is not an idle threat. its happened before in the 30s when congress enacted the smooth hally act. in 1929 on the eve of the stock market crash, the economy was doing well. 3.2 % unemployment rate. businesses were strong. agure hadeen suffering, however, for a few years already. and herbert hoover campaigned on limited tariff reform to h the struggling heartland...

Popularity. youre not running for re-election. a lot of your colleagues are. these numbers, these controversies, how do these things affect strategy for the midterms? >> well, i think that those who dont like the president, every day, they wake up, they discover new reasons not to like him. those who support him wake up every day and see what the latest is and it makes them double down in terms of their support for him. theres favorable economic indicators out there. 3.8% unemployment. 3.2% gdp ...

>> weve also seen changes in a generic ballot that could change, you go back to february, quinnipiac had democrats up by 16 points, and, not according to real averages 3.2%. that is troubling for democrats, particularly as richard said, when they have history on their side, a lot of opposition to president trump. regarding immigration, a danger for republicans there as well as alienating their base, if they cut a deal in immigration that will turn those waters off. i also think president trumps ...