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economic plan coming into full horrific view is this how quickly and comprehensively can we take a strong growing economy and pretty damn quickly can you imagine the council of economic advisers? we just had a massive supply shock because of the pandemic with pent-up demand because people were sent stimulus checks but could not spend them so public demand even further with more stimulus spending and make the supply shock even worse with new regulations and threats. and then to shut down pipelines with the whale and gas and then just a little that of transitory inflation. and then jus...

economic plan coming into full horrific view is this how quickly and comprehensively can we take a strong growing economy and pretty damn quickly can you imagine the council of economic advisers? we just had a massive supply shock because of the pandemic with pent-up demand because people were sent stimulus checks but could not spend them so public demand even further with more stimulus spending and make the supply shock even worse with new regulations and threats. and then to shut down pipelines with the whale and gas and then just a little that of transitory inflation. and then jus...

primary opponents are very closely watching this and that's where we begin today with grady trimble. he's at the iowa state fair in des moines where some key republicans have been putting out early feelers for 2024. grady, good afternoon. >> good afternoon, trace. might make your head spin thinking that far ahead when we have mid terms a couple months away. some of the iowa voters i have spoken to think it's too early for potential presidential candidates to stop by. but that's what we're already seeing. in fact, former vice president mike pence will be here this afternoon. officiall...

political violence. >> with philadelphia's independence hall as a backdrop and flanked by two marines he frames the critical midterm elections as a choice between democracy and extremism. this morning the white house is pushing back on criticism that the president's speech was political. officials saying it was, quote, entirely about democracy. >> let's go straight to the white house, cnn's jeremy diamond is there. how do they feel about how it went, jeremy? >> reporter: john, biden's message last night was unmistakable democracy is under assault and president trump and his allies ar...

transitory, despite the best effort to gaslighting americans into taking higher prices with this magically disappear inflation sparking to another 40 year high and hitting 9.1% making president biden the undisputed mvp of unaffordable gas and grocery bills. joe and cospending the numbers. >> there is no question that we still have work to do, but it is important to know that these numbers do not fully reflect the recent drop in gas prices june prices are down a $0.40 a gallon, fighting inflation is one of our administration's top economic priorities. >> greg: the new inflation number...