Page 42 - Inflation Problem News Today

Plan to do to solve our inflation problem?" i cant think of a more tone-deaf, disconnected, or dismissive response. >> brit: i can. [laughter] >> emily: good imagination. >> brit: what he was talking about is how he is familiar with the situation, which when the fuel price budget had to come down, you would have to eat something like what he described. the problem with the answer wasnt that so much, its the fact that he said nothing at least that we heard about what he would like to see done abo...

What are we supposed to do? we need a change. >> weve got to, seniors in high school going off to college with everything getting so expensive we dont know how we afford that. >> prices are going up, food, gasoline, everything is hard due to increases the cost of everything? >> who do you blame for the inflation problem? >> democrats. cant keep throwing money. have to have people working, providing goods and services not just choking people with money. pete: will he said what you said there. you...

Have them all together, so that its not an either or, either you care about threats to democracy or you care about economy or inflation. democracy >> shapiro has a bit n advantage in that he is running against mastriano who is just a whole bucket of crazy. shapiro is the democratic candidate with the actual support of a lot of republicans in pennsylvania. he is running right ahead of his opponent, and yet fetterman is not running way ahead of oz in that same state. so, how you balance, how you w...

>> talk to college students here. they think about the debt they are in because of decisions senator hassan has made, the job they want arent paying the money they need to pay certainly not to the extent it will cover this 40 year inflation problem. once again she is off message. >> reporter: wages keeping up with inflation, up 4.7%. inflation is double that. a whopping 8.2%. it is eating into everyones budget whether you are older or younger. neil: steve, it is interesting, not the first time t...

Missing were fewer people working. what do you make of that report? >> one thing that is important to keep in mind there as there are two surveys. one of them called the household survey actually showed higher loss of jobs during the month of october. you know, i think the unemployment rate staying between 3.5 and 3.7% still suggests, is jay powell said last week that the labor market is tight. when the labor market is tight and puts pressure on inflation, all other things being equal. that is w...

How do you think that handling compares to how other countries have handled their economies such as the us? the us is lucky because we are self—sufficient in energy now and we are very far away from russia and we are not facing the enormous upsurge in heating bill for the northern hemisphere winter that britain is about to see, and we also have maintained all of our trade links and have done a significantly betterjob over the past 15 years in investing in our people, in our technology and our ...

Us. do you think even with interest rates going up that inflation is going to remain stubbornly high? because we now have a national debt over $30 trillion. >> i think inflation is going to come down from the current levels. whether or not it gets down to the feds 2% target is another question. you raise an interesting point, which is what is the responsibility of the fiscal side on this? you open any macroeconomic textbook 101 and the fiscal side plays a role in it if you do a high-deficit spen...

That is what we were just showing. trying to be productive, helpful for viewers, at this moment in time. >> we appreciate the engagement, as we always have. michael, lets talk about this. one of the things the republicans right now dont have a ton of policies they are running on. one of the things they are actually running on, i keep hearing this when i talk to republicans here. i heard it last week in michigan. the economy, inflation, the republicans are gonna do something about this inflation ...

Badly to the mini budget of the former chancellor. but also david malpass is pointing out, it will just fuel inflation further, possibly? it willjust fuel inflation further, possibly? absolutely. we already — further, possibly? absolutely. we already have _ further, possibly? absolutely. we already have high - further, possibly? absolutely. we already have high inflation because of the war in ukraine, and many other impacts from the pandemic, for example supply chain problems, etc. and if we d...

Policies. president biden insist the republicans had no plan to reduce inflation. so what is the gop proposal to reduce inflation? >> it gop is a conservative party. conservatives and uk just try to cut taxes in the market just totally rejected that. so this political ping-pong and im not sure how far gets you. president trump put in jay powell as the fed chairman. he is the guy a cut interest rates so much kind of help to cause this inflation problem. there is just a lot underneath that questio...