Rep. Jason Smith, R-Mo., says inflation has risen 19.4% since Joe Biden took office on 'Cavuto: Coast to Coast.'
So, these three middle-aged guys go in for their annual checkup. They get terrible news. They’ve got high blood pressure, bad cholesterol and if they gain another two pounds, they’ll be officially classified as «severely obese.» The doctor says that even though they feel fine now, the future is not bright.
The first guy convinces himself it’s not so bad. He tells himself it’s just a temporary thing — probably too much time at the all-you-can-eat on that last trip to Vegas — and that once things get back to normal, he’ll be fine.
The second guy goes home and tells his wife she needs to help make things right — maybe save the bacon and eggs for weekends. But then, of course, he sits down in his recliner with a bag of chips, grabs the remote and asks her to bring him a beer.
US CONSUMER SENTIMENT FALLS MORE THAN EXPECTED AS INFLATION FEARS RISE
The third guy pulls out a picture of his 2-month-old granddaughter and promises himself to change. Six months later, he’s at the gym swapping salmon recipes with his workout buddies.
Inflation is going up again and March was the 36th straight month in the danger zone. FILE: Shoppers are seen in a Kroger supermarket on October 14, 2022, in Atlanta, Georgia. (ELIJAH NOUVELAGE/AFP via Getty Images) / Getty Images)
The latest inflation numbers mean that the U.S. is one of those guys. Actually, we’ve been one of those guys for a while. The Federal Reserve considers an inflation rate above 2% to be unhealthy. The March consumer price index was 3.5%. That was the 36th straight month we’ve been in that danger zone. What’s worse, the numbers are going the wrong way. March
Read more on foxbusiness.com