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democrat, congressman brendan boyle joins me shortly. more than 11,000 film and television writers are on strike. they go on strike after talks over pay and job security in the face of new challenges from streaming and ai collapse overnight. what luke russert has learned about dealing with grief after the loss of his father tim. do you have advice for other millennials, other young people dealing with loss? it s never easy. i realize why there s this voice in my head speaking to me about discomfort or uncomfortable feelings. when i realized that was the processing of my father s death, that i had never fully done, once i turned to it, gave it the attention it needed, it made me a better person. good day, everyone. i m andrea mitchell in washington. the president and the speaker meet face to face for the first time in months over the debt ceiling next week, when house members return to washington as the markets are dropping today. they say the nation s cash will ru ....
said for the year. absolutely, and a lot of the story since the market opened this morning, the dow jones currently down 800 points, about 2.7%. if it stays at that level, through the market close, in about an hour, that would be the lowest level that we ve seen the dow in 2022, and what has already been a brutal year for markets. and the big reason for all of this, have to rewind back to wednesday when the federal reserve, the nation s economic steward raised interest rates for the fifth consecutive time this year. that s to try to raise borrowing costs, to take some steam out of an overheating u.s. economy and which has led to the high inflation that we ve seen. the concern though, that the federal reserve is going to have to slow the economy too much, to get ahead of that high inflation. the fed chair jay powell saying earlier this week he s not sure if this process leads to a recession. that s why you have some on wall street calling for and projecting an increase ....
Good day, everyone. i m andrea mitchell in washington. the president and the speaker meet face to face for the first time in months over the debt ceiling next week, when house members return to washington as the markets are dropping today. they say the nation s cash will run out as early as june 1st if they don t raise the ceiling. both parties have spent this money. debts owed, debts due. the deficit and presidential politics are in play. house republicans and some democrats want deficit reduction, with combined debt ceiling and budget bill. the white house is rejecting all of that. this as inflation still looms. the fed decision s pending. markets falling. joining me now is kayla tusch and garrett haake. ....
appreciate it. let me bring in now white house communications director kate beddingfield who is back on the show with us this afternoon from the white house north lawn. kate, good to see you. thanks for having me. big midterms here. we are talking about the ideological battle lines drawn and republicans are making it clear they are going to run as you know partly on the inflation and the economy, as we have this split screen now, today, for example, with the markets falling, down something like 800 points on the higher interest rates. how do you square that with the optimism that the white house is projected about economic conditions ahead of the midterms? well, look, first of all, they are very encouraging signs that we re making significant economic, and the biden presidency, historic number of jobs, real wages up over the last couple of months and inflation is flat, or effectively flat over the last couple of months and gas prices have fallen for 14 consecutive weeks in a ....
Democrats in a new nbc news poll. more than 70% of americans say the country is headed in the wrong direction. that is a key indicator. with inflation on the rise and the markets falling, the economy and not covid is the number one issue that voters are feeling about. nbc national political correspondent steve kornacki joins us with the big board to break down the numbers. that are these findings telling you? we were talking about a couple of days ago some of the other numbers looking at joe biden s approval rating, suggesting trouble for his party in the midterm elections. here s other numbers pointed toward the midterm elections. here s the generic ballot, asking folks, which party would you prefer control congress after the 2020 midterms. you see democrats up 47-46 in this poll. what s troubling for democrats is let s compare this to this time in the last midterm cycle. the last midterm cycle was 2018, donald trump was president, ....