Stuart Varney on hot inflation under Biden: Are you better off now?

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FOX Business host Stuart Varney argues the country's 'standard of living is falling.'
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STUART VARNEY: I'm not looking at this as an economist or as an investor. I'm looking at this as a consumer, and I have to believe that most people feel that same sticker price shock. 

You can see it on people's faces in the grocery store.

There is anger. There is despair. Our standard of living is falling. 

Are you better off now than you were when Trump was president?

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FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is one of the leading business networks on television, having topped CNBC in Business Day viewers for the second consecutive year in 2018. The network is available in nearly 80 million homes in all markets across the United States. Owned by FOX Corporation, FBN is a unit of FOX News Media and has bureaus in Chicago, Los Angeles, and Washington, D.C.

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What I pay for chicken now is what I was paying for steak when Trump was President.

lw
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Now imagine making 40k per year or less.deduct state /federal taxes. Then figure out how to cover all normal expenses.

ritanuss
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I saw $7.50 Cheerios and $8.50 for a box of instant oatmeal at Safeway. That's about 100% inflation, not 8%.

oregonflatland
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I am on SS. Thanks to Biden I am down to one meal per day. Guess how I will vote

HobbitHomes
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Vote to get rid of Biden/Harris..AOC and the Squad in the next election 🚙🚙🚙🚙🚙🚙👍👍👍..Let's Go for Trump in the next election....GOD BLESS THE MAGA KING!!!...🤗🤗🤗🤗🤗🤗🤗🤗🤗🤗🤗🤗

johnzabik
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No! Nobody is better off! This is ridiculous!

Rachelle
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And 18% are better off today than when Trump was in office. WTF are theses 18%?

sharkcapper
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$20 drink wow! Low end Vodka $3.25 4 shots! Soda .50 = less that would $80 but u get premium vodka

davidcosta
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Hey but no more mean tweets am I right? 😂

willieboip
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The bacon I used to buy was $ 29 this week

carlitasway
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OH SURE !!! I'm better off now. Now that I have absolutely no idea how I'm going to heat my home this winter or pay for groceries now

mikepersico
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How can one be better off right now? If the inflation goes past this, I may just lose my mind. My portfolio is down by approximately 20% and there's no hope in sight. Any recommendations on how to scale up my returns before selling off to draw even/taking a different approach will be highly appreciated as I am losing my mind.

EmersonFranklin
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How many people at the PGA championship are writing it off as a business expense?

ust
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An F-150 fillup for $100 ? Imagine an F-350 with duel tanks.
Intelligence is a finite resource. The world has consumed all that was available.

OneWildTurkey
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I saw a dog being sold for 500$. That's what I call inflation.

Cyborg
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Hell NO ! People KNOW WHY ! Wake Up !

rickhouse
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Don't get mad but Everyone
hates that Question Man.

ManyHeavens
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It would be nice if You Tube would quit cutting off people they don't like. Sorry Stuart, they didn't think your last words were worth hearing. Sure wish Musk would buy You Tube instead of Twitter. He'd get more for his money. And the rest of us would get to hear the end of your videos.

paulbaker
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Don't worry folks its not Bidens fault...lmao

josemorrasge
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Stuart most Americans do not take vacations, if they do, they pack a cooler with pbj sandwiches and kool aide.The pbj sandwich is definitely getting more expensive .

lorizeimet