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Transcripts for FOXNEWS America Reports With John Roberts Sandra Smith 20210603 17:19:00

Former economic advisor and also a fox news contributor. and we are seeing at an economic boom this country, and as the wall street journal points out, a recovery like any other. enormous policy support, at the fastest pace on record. this is all good news, right douglas? and this is an unprecedented recession. never had a recession before, where incomes rose throughout, and as a virus recedes and that threat diminishes households are coming back and they have lots and lots of cash to spend and they are going to have the ability to go out and participate fully in the labor market. we should see an economy that comes back and we should really get a lot of policy support to do it. ....

Policy Support , Wall Street Journal , Points Out , Virus Recedes , Labor Market ,

Inside Politics With Abby Phillip-20210704-12:03:00

Former federal reserve economist who says that this year s inflation rates are likely to remain far higher than usual, but that s because the pandemic pushed inflation uncommonly low last year. there s also a boom in consumer spending due to pent up demand as the virus recedes, and the lingering effects of disruptions of global supply chains. she says it is not a structural change in the economy. it s just a few months and yet, republicans have been clear. on the record. they want to make this the midterm message, inflation, and they want to argue that the american people are worse off now, but is that really something that will work in time for 2022? putting aside the fact that it s not true? we ll have to say. there was an incredibly good jobs report on friday. democrats are trying to go out and sell their economic agenda to the american public, not just what they did with the stimulus bill but also the infrastructure plan they re trying to pass. any signs of a slowing recovery wou ....

Inflation Rates , Consumer Spending , Federal Reserve , Supply Chains , Virus Recedes , Finding Something , Middle America , Infrastructure Plan , Stimulus Bill ,