Problem Isnt Inflation News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Spending ever. >> todd: brian brenberg will break down the numbers. to be clear, presidential budgets go nowhere. this just shows how this white house thinks. how much of a disaster would this budget be if it became reality for the economy in general issue but for inflation? >> brian: the big problem, ton of responding, in terms of spend nothing 2019, spending blowout, problem is tax increases. i've been saying for weeks now, problem isn't inflation, this economy is slowing down. we have on the table core tax increases, individual increases and big one, wealth tax increase. taking your money n...

We've got summer coming up and i've got a line of employees who go, i don't know what i'm going to do with my kids this summer because i can't afford summer school. what do i do? do i try to take the vacation time? vacation time, we no longer have two or three weeks. now we have one week. they're right when they sit in front of me and say i can't even afford my daily life anymore and as a business owner, i can't help them! and that is the hardest place for any c.e.o. to be knowing that they are right and i can't help you. >> do you see -- do you see inflation? >> i've got to tell you, i think ...

Nearly as much and, you know, college tuitions are up and people 25% of people's homes are underwater. that is going to affect behavior. it's just denial. >> and people's houses are underwater and rent is going up. gary b, i know you go to safeway and you tell us when you go there, you can really shop well. you're a conscious, cost conscious shopper. >> just today, brenda, nancy and i took advantage of bogo, buy one, get one free. so yes, people do substitute, toby! if, you know, a hamburger is expensive, we switch to ham or chicken. but that's not the point. that's not the point of substituti...

Because people forget, natural gas prices are down. eating out is like at .1%. so all these things balance out and people, if they took a look at their budget, yes, gasoline, everybody knows has gone up but other things have gone down. that's why overall inflation is 2.7%. >> ok, this is the only time i've ever heard you believe the government figures. >> well, it's either that, brenda, or our i start to believe in the black helicopter conspiracy stuff. >> all right. so amelia, go for it. >> this is what's breaking the heart of small business people. yes, absolutely. childcare is up. not only ...

A very old battle. >> sure. >> we beat -- and everybody -- the inflation hawks think it's 1979. i got to say that disco is dead. inflation is not a serious concern. we should be focusing on other things. >> well, i got to go to somebody who is an expert on this, jonas, what do you think about inflation? >> first of all, that lmfao guy is popular. i don't know if that's true. i will say that pad thing that he keeps looking at is something that the price doesn't go up every year. you're going to buy one every year. now that they have a new screen on it. this point about tuitions going up, true, ...