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Good evening. This is John Batchelor. Tonight the show begins in Baidnomics, a conversation with Liz Peek of the Hill and Fox News.

Bydnomics, the perception of the American people is that things are much more expensive than they used to be.

That's a fact. December of 2020, a gallon of milk was about 360 a gallon. Now it's in the 4 30s or 440s, something like that.

The president, however, believes that Bidenomics is a selling point and therein lies the contrast.

The consumer believes that Bidenomics speaks to prices going back to where they used to be. The president is speaking as a macroeconomist.

That is, inflation is slowing. It's not going up as fast as it used to be. The Board of Governor Lisa Cook makes this same point that gasoline

can't and is unlikely to go back to what it was in 2020 or 2021.

Bidenomics is a miss chance for the president to explain himself

how his Federal Reserve and policies are benefiting the American people and for the American

people to explain themselves as to why they feel the economy is not their friend.

Then I turn to Berlin.

Judy Dempsey of the Carnegie Endowment for International Peace speaks to the challenge of the

European Union. No matter who is in the White House in January of 2025, to take charge of its own security,

in terms of the Ukraine war and the predation by the Russian Federation, in terms of immigration, and the irresponsibility of North African states and

Middle Eastern states to control their migrants who flee and travel to the

European Union, but the European Union is overwhelmed.

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