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Let me get reaction from the former u.s. ambassador to saudi arabia who is watching all of this very closely as well. ambassador, thanks, once again, for joining us. what did you think about what the president of the united states said and for that matter what the israeli prime minister said about saudi arabia? yeah, wolf, i believe that the president is looking at this trip with a very long-term agenda. as he said, you know, his views on the khashoggi murder and other issues with human rights are pretty plain and clear, but this trip is not about dealing with that issue directly with the saudis, it s really about iran, it s really about a future security agreement among all the gulf states. keep in mind that the gulf states for the most part there s a lot of trade that goes on between them and iran. it s under cover, it s in the ....
There had been reports earlier a few months ago that china had suspended its sale of drones to russia. so really interesting to hear that iran possibly stepping up in this front and obviously this bringing up the president and his comment president biden once again today reiterating u.s. support for this unjust war in ukraine and telling israeli television in that interview yesterday that u.s. is there for however long it takes to help ukraine defeat russia and have russian troops leave their soil. yeah, very significant indeed. kaitlan, i thought it was interesting and let me just get your thoughts, i know there were it s called two and two, two questions from american journalists, two questions from israeli journalists those were the ground rules for this joint news conference that we heard from the president and the prime minister, but the president president biden was not asked about what s going on back home as far as the u.s. economy is ....
I want to unite the american people. okay. that s great. is it pollyannish? probably. would most people like that to happen? yes. i think that s a misrepresentation of why joe biden was elected. joe biden wasn t elected there aren t democrats going i want to come more to the center and be more like a republican and republicans being like i want to be more like a democrat. people wanted sanity, they were tired of the crazy headlines every day, tired of every moment looking at their social media accounts or getting a head line not knowing what was going to happen, that some crazy thing was going to happen like.the possibility of an insurrection at the nation s capitol. one of the dirty secrets in recent years pre-trump was the republican party playing footsie with some of these elements and trying to channel some of the power of folks who identified with they wanted their votes. they wanted their votes. power. trying to channel that ....
Working with refiners to encourage them to be producing as much as they can at capacity, as well as, you know, putting on the table a federal gas tax holiday. so the president has taken a series of steps but one thing that he wants to make clear is that, you know, while we have seen the price of oil fall significantly, we actually haven t seen prices at the pump fall as much. so the president has also called on, you know, gas sellers to reflect those prices that americans are paying. so this is a challenging issue but the president has taken concrete steps to address it. gas prices have stopped 29 straight days, but americans are going to need that extra money from the gas prices because the core rate of inflation month to month actually creeped up a little bit which means everything else besides food and gas prices actually rising a little bit there. and one thing i also want to point out is based on the last mesh umplts from other countries the rate of inflation in the ....
Brianna right now, they have other important news that we re watching as well. thank you so much, wolf. that was so interesting. as kaitlan and wolf just pointed out, one subject that was not asked about at this news conference was the u.s. economy. u.s. inflation hitting a 40-year high in june. rising 9.1% year to year. president biden has said yesterday he said the rise is unacceptably high. joining me now is heather boucher, a member of the white house council of economic advisers. thank you for being with us. i want to play for you some sound of people that we have talked to at cnn who right now they say they re suffering. listen. i m not making ends meet. i m not making it. i m using my savings. i get paid tomorrow and already my whole paycheck is spoken for and it s the first time in my life i have had to apply for food stamps because i don t know how we are going to continue eating groceries. ....