He's talking about July 4, one of the 3 holidays where Americans spend a ton of money. They buy lots of food and gas. We'll see if they can afford to do it this year like past years.

Difference from 2008. 2008 it affected roughly 60% of the population. Today, with inflation, no matter who you are, where you live, how much you make, it will affect you.

Trump misidentified the stock market as the thing Americans look to to decide whether things are good or bad. Biden misidentified jobs.

33% of Americans blame the war in Ukraine. 25% blame corporations for charging too much (Biden is trying to blame Exxon etc for the reason why gas prices are so high).

"The key is not who they blame. The fundamental key is who they think is trying to solve it. And this is where the administration comes up short."

"The Biden administration is afraid of the political impact so they're downplaying the personal impact. And the truth is they should be candid."