Fox News Guest Delivers Brutal Insult to Trump: 'Cost of Living Will Rise More Under Trump Than Biden'

During a recent segment on Fox & Friends Saturday, podcast host and stockbroker Peter Schiff delivered a harsh critique of former President Donald Trumps economic policies. Schiff told host Griff Jenkins that under Trump, everyday expenses could become "more unaffordable" than they were during Joe Bidens administration.

The remarks sparked a strong reaction from Trump, who criticized Fox News in a morning statement, calling Schiff a Trump-hating loser and questioning why the network featured him. Trump insisted that prices, including gasoline, are falling under his leadership, claiming he is resolving the affordability crisis he attributes to Biden.

On the show, Schiff argued that Trumps economic approach mirrors many aspects of Bidenomics, with excessive government spending potentially driving larger deficits and future financial challenges. He warned that while gas prices might be temporarily low, overall costs are still rising, suggesting inflation could worsen as Trumps term progresses.

Jenkins noted that Trump plans to embark on a nationwide tour to promote his economic agenda, highlighting investments in energy and AI sectors. Schiff remained skeptical, emphasizing that affordability issues extend beyond energy prices and include housing costs. He pointed to government policies over multiple administrations that, in his view, have inflated home prices, suggesting that only a market correction could restore affordability, albeit with potential financial risks.

Schiffs analysis also referenced a report from Redfin predicting a "great housing reset," with younger Americans adjusting their living arrangements and family planning due to housing costs. A Harvard survey further indicated that a growing majority of young Americans feel economic prospects are worsening.

As the interview concluded, Schiff expressed a pessimistic view for Gen Z's economic future, while Jenkins expressed hope that conditions might improve.

Author: Aiden Foster