Americans are ‘spending’ more, but getting ‘nothing’ more: Expert



Storch Advisors CEO Gerald Storch weighs in on the U.S. economy and whether he believes there are signs of a consumer slowdown on ‘Varney & Co.’ #foxbusiness

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22 comments

  1. And that's a surprise how? Prices are jumping EVERYWHERE in stores due to a combo of inflation, greedflation, and bidenflation! Like we have the back breaker bags of dog food that we need to buy about 2 a month. Sometimes we can get away with using a bag and a half, sometimes it's 3 bags weather pending. PER bag of dog food, its up 9 bucks. The cat food we get is up at least a few bucks a bag. We can't even buy the chicken breasts we love because they've gone from 1.99 a lb to 2.94 a lb so we had to switch to the leg quarters that i absolutely HATE. Chicken nuggets went from about 9 bucks for a 70 oz bag to 12.48.

    And there's soooooooooooooooo many other things that are anywhere from being up just a tiny bit to WAY up. Like how are mom and i supposed to survive? Outside of a BEYOND rare splurge day we got to have, we are living on not much more then bare minimum. And the splurge day wasn't even a huge one. It was a trip to chic fil a for 2 large lemonades plus a medium fry to split, a trip to a 5 below that just opened up recently and the last trip to any was eons ago because the prior branch is well over a 45 minute trip away, and a target trip which i haven't done since…. I think June-ish. Plus took advantage of a half off of clearance sale at gamestop.

    As it stands, christmas is probably going to be even leaner then last years lean christmas and i can't even make a decision on my "Big" gift yet because lego is being so locked down with leaks these last few years so i can't know if i should splurge on a fancy 30 dollar compatible with lego marble run set to finish up that part of my collection or if i should wait to get a lego 2023 friends set.

  2. You should add amazon to that list, as well as other online vendors that are all chipping away at the brick and mortar stores (stats..make them tell whatever story you want)

  3. I agree, for months I have gotten less food in the markets and paid more.

  4. I’m so happy I can across Maskoffweb they generated another $10,000 mtcn for me they did a perfect job

  5. I’m so happy I can across Maskoffweb they generated another $10,000 mtcn for me they did a perfect job

  6. All being purchased by credit cards

  7. Americans are going Hungry, But Hey…….at least their Air is cleaner and They don't suffer from as much self loathing white guilt?
    🤣😂🤣😂🤣

  8. It's called lowered quantity and quality

  9. In Mexico they have markets and not oligarchs.

  10. I HAVE INCURRED SO MUCH LOSSES TRADING ON MY OWN…I TRADE WELL ON DEMO BUT I THINK THE REAL MARKET IS MANIPULATED… CAN ANYONE HELP ME OUT OR AT LEAST TELL ME WHAT I'M DOING WRONG ?

  11. look like 2008 all over again

  12. I hear my friends complain about food prices, I started buying everything in high quantities and many thought I was crazy. I clearly told them that after pandemic, unrest, economic collapse, famine, war will eventually followed because my hobby was reading history books NOT social media or google information. The railroad union is about to strike making the situation really serious for everyone, nobody is prepare for whats about to hit us. Tragic!

  13. Noticed the cereal boxes at Walmart are the same width and height, but the depth of the box is noticeably smaller. Looks like most companies have reduced the amount of cereal by 3-5 ounces — hidden inflation.

  14. Vote these clowns 🤡 out

  15. According to joe everything is going good.. quit complaining and pay your bills.. inflation rate one inch and the sky is red..

  16. I’ll spend $100 and get less than half of my usual grocery haul. The people not affected or complaining are people who make more than the average American.

  17. Really FOX? You're title is laughable!

  18. I paid $4.40 for a dozen eggs yesterday. Nice job, Obiden. MAGA

  19. When everyone gets laid off during the coming recession, they won't have to worry about spending or getting anything lol.

  20. Oh, the “81 million “ voters are getting what they deserve, at our expense

  21. Small recession my__ . it's a Biden fueled Depression! He should get his head out of sand or worse! 🥴😵‍💫😡

  22. Biden is the greatest failure of our life time