Inflation causing disposable income squeeze, economics professor Brian Brenberg warns

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Inflation causing disposable income squeeze, economics professor Brian Brenberg warns
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The King's College business and economics professor Brian Brenberg warned that Americans are starting to feel their “disposable income squeezed” as inflation continues to surge nationwide.

The King's College business and economics professor Brian Brenberg argues the U.S. could combat soaring gas prices if the Biden administration boosts oil production in America.

The Fox News contributor stressed Americans are making a shift from the products they normally buy at a grocery store to "cope" with inflation and said he’s "concerned" for the U.S. economy since prices are "not abating." US consumer prices hit a new 40-year high in February 2022 as the world's largest economy continued to be battered by a surge of inflation, which the fallout from Russia's invasion of Ukraine is expected to worsen.

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