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Stuart Varney: White House is in full protection mode

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FOX Business host Stuart Varney argues the country's economy is 'is reminiscent of the late 70s.'
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STUART VARNEY: We're not used to this. A sense of malaise prevails. Leadership doesn't lead. Systems break down. Inflation takes off. There's a recession on the way.

It really is reminiscent of the late 70s. 

President Carter did not use the word "malaise" in his famous speech. He actually spoke about a crisis of confidence. That was over 40 years ago. 

Isn't that what we have now?
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FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is one of the leading business networks on television, having topped CNBC in Business Day viewers for the second consecutive year in 2018. The network is available in nearly 80 million homes in all markets across the United States. Owned by FOX Corporation, FBN is a unit of FOX News Media and has bureaus in Chicago, Los Angeles, and Washington, D.C.

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Category
Business
Tags
1970s inflation, FOX Business, FOX Business Network
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