Charles Payne: Economists Are Laughing at America for Not Knowing How Great They Have It

PAYNE talk about something ░░░░░░░░ We had the Michigan ░░░░░░░░ number out and it ░░░░░░░░ really interesting because for ░░░░░░░░ I want to get ░░░░░░░░ opinion on it I ░░░░░░░░ to talk to the ░░░░░░░░ about this for a ░░░░░░░░ if we can Guys ░░░░░░░░ Michigan sentiment number is ░░░░░░░░ was a big shocker ░░░░░░░░ Not on the inflation ░░░░░░░░ but on the other ░░░░░░░░ It came in for ░░░░░░░░ third month in a ░░░░░░░░ it declined And this ░░░░░░░░ the thing People said ░░░░░░░░ was because inflation is ░░░░░░░░ a deleterious impact it ░░░░░░░░ really harming the folks ░░░░░░░░ a lot There you ░░░░░░░░ it three months in ░░░░░░░░ row it s come ░░░░░░░░ And what was really ░░░░░░░░ about it the nuance ░░░░░░░░ it was really amazing ░░░░░░░░ voters in the future ░░░░░░░░ Republicans actually went up ░░░░░░░░ I don t know ░░░░░░░░ they think Trump will ░░░░░░░░ in office but I ░░░░░░░░ to bring you Kelly ░░░░░░░░ Taylor back in on ░░░░░░░░ because what s really ░░░░░░░░ me off the last ░░░░░░░░ whole year is financial ░░░░░░░░ that keeps laughing at ░░░░░░░░ And I ll start ░░░░░░░░ this Kelly they literally ░░░░░░░░ at people They diss ░░░░░░░░ for not knowing how ░░░░░░░░ they have it Oh ░░░░░░░░ was a survey and ░░░░░░░░ thought that the growth ░░░░░░░░ down and they re ░░░░░░░░ up there like pompous ░░░░░░░░ es right just dissing ░░░░░░░░ American public People know ░░░░░░░░ don t have it ░░░░░░░░ O GRADY Well that ░░░░░░░░ why their ratings are ░░░░░░░░ too laughs Because people ░░░░░░░░ t feel that way ░░░░░░░░ you know you look ░░░░░░░░ how much inflation has ░░░░░░░░ up and you look ░░░░░░░░ real wages right So ░░░░░░░░ you re taking home ░░░░░░░░ for inflation it s ░░░░░░░░ 2 2 percent since ░░░░░░░░ Biden took office and ░░░░░░░░ feel that they can ░░░░░░░░ buy as much as ░░░░░░░░ used to RIGGS The ░░░░░░░░ conditions are part of ░░░░░░░░ consumer sentiment survey that ░░░░░░░░ showed dropped down to ░░░░░░░░ the lows that we ░░░░░░░░ t seen since March ░░░░░░░░ 2022 That is when ░░░░░░░░ was at 9 percent ░░░░░░░░ still feel that So ░░░░░░░░ though you can say ░░░░░░░░ inflation is slowing that ░░░░░░░░ the difference between disinflation ░░░░░░░░ rate of price increases ░░░░░░░░ just slowing versus deflation ░░░░░░░░ is flat out PAYNE ░░░░░░░░ it piles on it ░░░░░░░░ t go it piles ░░░░░░░░ Even sometimes I hate ░░░░░░░░ say on our network ░░░░░░░░ ll show that that ░░░░░░░░ inflation chart that shows ░░░░░░░░ up 9 percent then ░░░░░░░░ 3 3 percent and ░░░░░░░░ suggests that inflation is ░░░░░░░░ down No we need ░░░░░░░░ show the one where ░░░░░░░░ on and piles on ░░░░░░░░ piles on people are ░░░░░░░░ that RIGGS Like prices ░░░░░░░░ up 20 percent since ░░░░░░░░ four years PAYNE By ░░░░░░░░ way the current conditions ░░░░░░░░ political group is down ░░░░░░░░ Democrats a lot a ░░░░░░░░ whole lot I think ░░░░░░░░ may speak a lot ░░░░░░░░ what we re seeing ░░░░░░░░ some of these political ░░░░░░░░ as well.”