and a basic promise. - a nation that rewards the effort and determination of every single american. - so the least among us shall have an equal chance to achieve the greatest things. - and the doors of higher education will be open to all. - no matter what your circumstances or where you are, you are part of the life of our great nation. - it s one thing all our presidents agree on, each in their own unique way. [patriotic music winds down] - have a good life. we will see you soon. - and to get that good life, all we had to do was follow the instruction manual on how to do the right thing. study hard, be nice to your brother. - get him! - go to college, graduate, and voila, achieve the american dream. but at some point. [clattering] - the us economy shrinking. - they re not getting married. they re not getting homes. they re not getting jobs. - we ve been looking at 40 years of flat wages. - those doors to opportunity got harder to open. [light laughter] - this is a big one
and a basic promise. - a nation that rewards the effort and determination of every single american. - so the least among us shall have an equal chance to achieve the greatest things. - and the doors of higher education will be open to all. - no matter what your circumstances or where you are, you are part of the life of our great nation. - it s one thing all our presidents agree on, each in their own unique way. [patriotic music winds down] - have a good life. we will see you soon. - and to get that good life, all we had to do was follow the instruction manual on how to do the right thing. study hard, be nice to your brother. - get him! - go to college, graduate, and voila, achieve the american dream. but at some point. [clattering] - the us economy shrinking. - they re not getting married. they re not getting homes. they re not getting jobs. - we ve been looking at 40 years of flat wages. - those doors to opportunity got harder to open. [light laughter] - this is a big one
extremism of the republican party. the turning point for biden was the speech he gave a few weeks ago. really need a referendum on the republicans, some of these semifascist it s starting to pay off. seeing progress, perhaps rewards for some of the legislation passed. look at whether biden administration is accomplished. bipartisan infrastructure deal, inflation reduction act, the chips and science act. it s all about the economy. laura: they are spinning so fast their heads are going to fly right off. the economy is in dire straits. here is the truth. we have the diode dropping below 30,000. below its june lows. the dow and s&p are now both below their june lows. nasdaq certainly already there. down 22%. about 30% year-to-date. that we are slipping into something pretty bad. the dowel very close just about at their market bear market territory. pretty bleak picture. there is good news. tell me about domino s pizza. they got an upgrade. one of the top pe
party. the turninemism of the repg pois that speech he gave a few weeks ago. really, really, really, reallyi, made it a referendum on the republicans and extremism and semite fascism. and i think that is starting tof pay off. ss now seeing progress, perhaps rewardee for some of the legislation that s been passed and some of the thingsn d he s been doing just latelyiden who look at what the administration has accomplished, whether it s a bipartisan infrastructure deal , whether it se the inflation reduction act, whether it s the christian in all of these things are about the economy. there sd scienc beating so fr their little heads are going toh fly right off. the ec the economy is in dire straits. here straits the truth. diode we ve got the dow dropping below thirty thousand below its june lows. the dow and s&p are now both below their june lows. nasdaq certainly alreadyy there. there, down 22% and about 30%. of the nasdaq year to date. there s a fear here that it s s