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28% say it is a crisis. we get a fresh look at inflation and edward lawrence has that story from the white house as well today. this morning the feds look at inflation. the measure came out this morning. it dropped slightly but not where the federal reserve would like it to be. they look at core number without food and inflation and energy prices. core year-over-year. it came down a small amount tying the december number. the newest fox poll shows nine out of ten registered voters are extremely or very concerned about inflation. the federal reserve admits government spending pushed inflation. the president s proposed budget increases that spending. experts say a whole of government approach should be focusing on inflation. i think most businesses including restaurants would trade consumer spending coming down a bit for their costs, the cost of commodities and the services they need to run their businesses coming down. these pressures are really ....
They re higher than markets expected. that s going to be a problem for markets. they re going to get nervous now. that means the fed has an even harder job than they thought they had. this number is higher than any number we ve seen since august of 1982. yeah. steve: the stock market futures are selling off. a sharp reversal. inflation continues to be worse than expected. i want you to pay attention to the core number, that 6.6% increase. what that means is that inflation has reached deeper and deeper into the economy. it s spread farther and going to be harder to get out. steve: exactly. why the dow futures are down, because the average trader is going, okay, if inflation continues to rage, that means the perv federal reserve will ho slam on the brakes again, maybe the next increase .75. ....
Founding partner of this llc, mitch, let me show you screen, 8.3% inflation across august of this year to last year how booed bad things are. gas up, airline fares, food. the last time i checked we all have to eat, 16%, are we closer to the inflation sting easing? no, the problem, griff, with inflation is it tend to be very sticky and it lingers. part of that is because when it first reared its ugly head. the administration, whether it be the treasury secretary or the fed to come agree with claiming it was transitory and they weren t going to address it. it snuck up on us. and the consumer price index, they often strip out food and energy and look at the core ....
Devastating number in terms of just the increase for lodging for where people live. it s 40% of the core number and guess what, we re hearing that people aren t just worried about gas and groceries and a conversation from five or six minnesotas ago and it s insurance and utilities and rent. one of the fastest growing new groups of homeless in our country are single moms who have a job, folks, they re working and have a job and doing the best they can. the job or two jobs in the household is no longer enough. but this is what i see in biden. it s a split screen presidency. he s out there telling us how great everything is, and we know better. we know the metrics and our own personal financial situation and, sean, absolutely this election is the biden fetterman economy. biden mark kelly. biden rafael warren, biden and that woman in nevada with three names and no accomplishments, her. it s bind tim ryan. they want to distance themselves from biden but remember, those ....