and a disturbing new study reveals that 8 million americans earning more than $100,000 a year are living paycheck to paycheck. meanwhile, president biden is touting electric vehicle tax credits tweeting this, on my watch the great american road trip will be fully electrified with a picture of himself in a luxury hummer. one that doesn t even qualify. the starting price of that vehicle is 87,000 vehicle, which is double the medium american salary. after severe criticism the white house said the president driving a jeep that actually disqualified. ainsley come it is difficult to take them serious because the point remains that no matter what the president starts touting, it is always toned epic in concept and tone-deaf in optics with however he tries to market it. ainsley: is pushing these electric vehicles and everybody cares about the environment to some extent and possibly win down the road but they are very expensive. you have two-thirds of americans living paycheck to
presence. they were busy and it s up their minds. said they spent all their time and all their money buying gifts for a kid down the street so all the things that you asked for a gift to another 9-year-old you ve never met. how does it make you feel? will you would be crushed, but you would also be vindicated. you would know for a dead certain fact that your parents really didn t love you they are really even that interested in you. that s how a lot of americans felt last night watching the house of representatives approved yet another massive aid package for ukraine. like i get nothing against ukraine but we could probably use that money here right about now. after a hundred years of virtually uninterrupted wealth generation the american economy appears to be faltering in ways that are scary to anyone is paying attention. even people who are paying attention can sense that there s something really wrong. most people aren t working but those who are are getting poorer quickly
while incomes go down the stock market is plunging that means that retirement funds are getting destroyed, the cost of everything that you buy in every store you go to is continuing to spike. make no mistake economic devastation is here with no end in sight sadly. gas prices guess what? we had another record high today. diesel too another record high and they soon may be a diesel fuel shortage. utilities in this country there up a whopping 22%. fuel oil is up a whopping 80%. used cars are anywhere between 22, 40%. the rep over 13% and by the way when you finally buy one the msrp sticker shock is above msrp is gonna be about massive. looking for a plane ticket? that s up 33%. meat is 14%, ex 22%, milk is 14%. according to economists still need to folk over over 5,000, $200 more per household this year because of joe biden inflation and over $2,000 by the way every american that drives a car they will pay an extra $2,000 on gas prices alone. already as i said two-thirds of amer
expensive. you have two-thirds of americans living paycheck to paycheck, that is a lot of people that can t afford to pay bills, gas prices up from electric bills up, food costs at the store up. someone tweeted out may be the dealership will take a few dozen eggs in trade. [laughter] let you know, retail, that when he is driving in that picture retails for $86,000. that is the base model and has all the bells and whistles on it. most people make $70,000 as a combined income and one year of pay doesn t even pay for the car. when you get the tax break of 7,500, it is still not enough to cover the year salary for most americans. speed when you combine that, todd, for example california the virtuality gnomic fragility of the grade, what are americans supposed to do with the hand noy economically but continuing to e dealt by this administration with how often they are of what
covering the pageantry that is the joe biden demonstration can wait to see it every weeknights sworn enemy of smugness have a good night with the ones you love, good night. hannity: welcome to hannity the new inflation numbers they are out and the numbers are a complete disaster for our economy even as interest rates rise the economy is still contracting inflation is still hovering at a four decade high, a whopping 8.3% on a very serious note this is an extremely dangerous. in our country. two-thirds of americans living paycheck to paycheck. it s killing the poor, it is killing the middle class, it is hurting people on fixed incomes.