FOXNEWS Fox News Live June 4, 2024 15:46:00
Vacation or something more modest than they aspire to. the reality is inflation has been running ahead of wages. it is likely to continue to do so because of all of the spending we have had. when we put in place for government programs and don't pay for them, the federal government essentially borrows the money and the federal reserve essentially crunches it to make it work and that causes inflation. there is no such things as these government programs for which there are no taxes. you get taxed when you buy eggs because they were more expensive. >> julie: peter morici, thank you very much. we...