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FOXNEWS Sunday Night in America With Trey Gowdy June 4, 2024 23:12:00 - Vimarsana News

FOXNEWS Sunday Night in America With Trey Gowdy June 4, 2024 23:12:00

Slows down, if fed raises in-- interest rates too much we could be looking at recession. trey: a mix politics and economic questions for you. do presidents get too much credit when the economy is going well? and also too much blame when it isn't? is there a strong correlation between executive act and our economic state? or do we just give them too much credit and too much blame? >> i think too much credit, too much blame. 90% of what happens with economic growth has nothing to do with the government, it is private sector, i used to joke, when i was working

FOXNEWS Sunday Night in America With Trey Gowdy June 4, 2024 23:47:00 - Vimarsana News

FOXNEWS Sunday Night in America With Trey Gowdy June 4, 2024 23:47:00

From west virginia. one liberal magazine accused manchin of bailing out on saves democracy. he represents a state where joe biden and kamala harris did not win a single solitary county. that kind of sounds like democracy to me. not the death of it, there are threats to our form of government, internal andic personal. the internal ones that should worry us the most. they claim only i can win. the ones who claim, if i lose democracy is over. democracy will never be the end of democracy. refusing to accept the results of an election, maybe. relativism, maybe.

FOXNEWS Sunday Night in America With Trey Gowdy June 4, 2024 23:11:00 - Vimarsana News

FOXNEWS Sunday Night in America With Trey Gowdy June 4, 2024 23:11:00

Demand for housing and cars, one of the problems for the fed at a moment like this, is this business cycle didn't look anything like past recessions, they don't really have a playbook. more demand for houses, more people trying to buy cars and buying tvs. they are trying to waive those off, how fast to raise interest rates to cool the economy, without cooling it so much it drives us to recession, that is the watch word for that year, we have a major grow out, great job growth and economic growth 2021. but all of that rolls off , almost off in 2022, the growth rate already

FOXNEWS Sunday Night in America With Trey Gowdy June 4, 2024 23:10:00 - Vimarsana News

FOXNEWS Sunday Night in America With Trey Gowdy June 4, 2024 23:10:00

Price of physical goods goes through the roof, and you had stimulus from the cares act and rescue plan and the fed low interest rate, also stimulating demand, those drilled the inflation rate up. trey: some of those best be best described as private sector issues, some have some government entangle am. what, if anything, can government, defined as congress, white house or federal reserve do to get up inflation down. >> not a lot for government outside of the fed, the fed is usually point institution . they will raise interest rates and try to reduce