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Former Trump official: Cost of everything needed to live is going up in 'Biden economy'

"We're seeing four-decade high inflation on the basic staples of American life," former White House Cabinet Secretary Bill McGinley tells Marc Cox of the Marc Cox Morning Show. "So everything that Americans absolutely have to pay for in order to live and provide for their families, the costs are going through the roof."

McGinley says it is important to take a "step back" and look at the "Biden economy, right now and understand what we're actually facing. 7.5% inflation as we just discussed, $30 trillion in debt, and they want to spend more. Supply chain problems, and we went from energy independence, where we were a net energy exporter, now we're begging OPEC for more oil to try and bring the cost of energy down."


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