Varney: Biden’s 'desperate' inflation speech was a set-up for November

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Varney: Biden’s 'desperate' inflation speech was a set-up for November
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FOX Business' Stuart Varney on Biden's plan to tackle inflation as the U.S. sees skyrocketing prices

With great fanfare, direct from the White House, the president announced his plan to tackle inflation. That’s all it was: just a set-up for November.Inflation has been building since he canceled America’s energy independence on his first day in power.The president can tax and spend and promise another trillion to buy votes, but it won't stop the frightening price increases we are seeing now.

FOX Business host Stuart Varney discusses inflation under Biden's presidency during his"My Take" on May 11, 2022. And this is what we're seeing: another record high for gas. You're now paying an average $4.40. $5 in some western states.You can see it seeping into the overall economy. In April, consumer prices were up 8.3% compared to April 2021.

We're in a new era. If you're under 40, you don't remember anything like this. You're not used to it. You don't like it.It really does seem like 1979 all over again...

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