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OutKick founder Clay Travis warned that the skyrocketing rate of inflation is a “massive problem” and “breaks” Americans’ budgets nationwide on Thursday as prices at the pumps continue to soar. Travis argued that the inflation rate is “biting” on “Fox & Friends” as it hits a four-decade high.
FORMER TRUMP ECONOMIC ADVISOR WARNS WE ARE ALREADY IN RECESSION
TRAVIS CLAY: We know, Steve, that inflation is a tax on people who spend the majority of their funds on day-to-day living, and I’ve been there before, and I know a lot of viewers have been there, and that 8.5% bites when you have to spend practically every dollar you earn on work, and there are plenty of people who think the money they spend getting to work is a huge chunk of their overall budget, and that breaks a lot of budget, unfortunately.
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