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Charles Payne: This is American privilege

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FOX Business host Charles Payne reacts to the rise and fall of excess pandemic savings on ‘Making Money.’

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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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22 Comments

22 Comments

  1. @stephenrogers324

    March 2, 2024 at 1:55 pm

    3% inflation Charles lowest of the G 7 nations the US economy is the envy of the world but don't mention it because you tipped a massive recession and you'd look RIDICULOUS

  2. @latshunter

    March 2, 2024 at 1:55 pm

    👋did BIDEN sell AMERICA to China for 20 trillion dollars
    Cities,states or COUNTRY?

  3. @miketracy9256

    March 2, 2024 at 1:55 pm

    EVERY PROBLEM WE NOW SEE IS FROM THE EXCESS SOCIALIST SPENDING AND BORROWING, AND TRUMP IN 2020 WAS ALMOST AS BAD AS THE DEMOCRATS.
    WE ARE 32 TRILLION DOLLARS IN DEBT WITH NOTHING TO SHOW FOR IT EXCEPT 10 MILLION PEOPLE SITTING AT HOME INSTEAD OF WORKING.

  4. @Lesser302

    March 2, 2024 at 1:55 pm

    Remember the saving we all should have ! For a rainy day the safety egg ! the retirement investment ! and then the jobs how important it was to reduce unemployment !
    It was all lies !
    just like America’s freedom !democratic rule ! and yes you guessed it honest leaders !
    Lies and liars to met an insatiable want not a need but a greed. It’s £$€¥ to see with open eyes check you wallets that’s where you all have 20/20 vision. Then quickly look up 😮

  5. @silver3149

    March 2, 2024 at 1:55 pm

    My Take Away:
    The pharmaceutical industry made out like bandits.
    Did they past lower rates on to the customers/patients?

    The rich conglomerates companies/corporations received the bulk of those trillions of dollars handed out by the government.
    What did these billionaires and corporations give back?
    Did they put money from their windfall profit back into circulation?

    The billionaires increased their wealth by billions of dollars from the pandemic. Did they pay any income tax?
    Did they gift any of those billions of dollars to the Treasury?

    Hospitals, doctors, supermarkets, colleges and universities got billions of government handouts from trillions of dollars due to the pandemic.
    Did these businesses reduce their rates?

    Every dime the average American received from the government stimulus went back into the economy and up the economic to big businesses.

    What is amazing is this commentary does not address nor mention why has these billionaires and rich conglomerates company not given back.

  6. @jrbro7909

    March 2, 2024 at 1:55 pm

    👎 BidenEgonomics: -Leaving out own children from the family, -Leaving laptops behind, -leaving private diaries carelessly, -leaving gun in the trash, -leaving drugs in the open, leaving American middle class definitely inflationary, poorer! 🤑 BIDENFLATION is Bidenomics and is the most OPPRESSIVE tax ever! ATROCIOUSLY, just TRASH! 🗑

  7. @chrissee119

    March 2, 2024 at 1:55 pm

    I spent mine frugally, stashed the majority of it. Then again I kept working, wasn't fazed by the "pandemic". 🤷‍♂️

  8. @Davidmuller-iz4gf

    March 2, 2024 at 1:55 pm

    😘I feel incredibly fortunate for having made wise financial choices that have had a life-altering impact. As a single father residing in Toronto, Canada, I successfully purchased my second home in September. If everything continues to progress positively, my aspiration is to retire next year at the age of 50🥰🥰

  9. @normanzimmerman5029

    March 2, 2024 at 1:55 pm

    GRAPGS BACKASSWARD

  10. @jimmysanders4813

    March 2, 2024 at 1:55 pm

    and so the story goes.

  11. @oldmanfromscenetwentyfour8164

    March 2, 2024 at 1:55 pm

    Being of Scottish descent, I don't mind paying but not more than I have to. My Son and I saved up the equivalent of 5 years worth of Bills (Utilities, Mortgage, etc) and are 6 months ahead of our Mortgage payments. How did we do this? We cut out everything that was not essential (cable, cell phones, etc.) and worked with what we have. Not everyone can do this but everyone can cut back on spending and cut out things you really don't need. Discipline yourselves.

  12. @mattj4038

    March 2, 2024 at 1:55 pm

    Thanks CP much respect

  13. @jeffreyrudolph5061

    March 2, 2024 at 1:55 pm

    It was never a "savings" , it was a preapproved loan , w/ the small print stating "may or may not or immediately " . 🎣 "fish on" 🤷‍♀️

  14. @Gogalen789

    March 2, 2024 at 1:55 pm

    Free shoes, free education, free clothes, free exotic vacations, free insurance, free mashed potatoes, free TV, free booze.

  15. @davidsonowski414

    March 2, 2024 at 1:55 pm

    Mr Payne growing up my Dad would define American privilege as having a job

  16. @castillopx2

    March 2, 2024 at 1:55 pm

    Thank you for stating reality. It comes down to lazy people who don't want to work, but like to spend lavishly, and live off the government (The hardworking people).

  17. @pauline9869

    March 2, 2024 at 1:55 pm

    No one should be complaining!! 82 Million Votes 🗳 for Biden 😮😮

  18. @jimdandy7323

    March 2, 2024 at 1:55 pm

    Thank you, Charles…I enjoy your advice. I'm so glad I got to work for a railroad and learned how to build a railroad car…they're very simple…best advice I can give someone is to study geometry and read Sherlock Holmes…they both teach you how to think logically through observation…

  19. @timothystory2284

    March 2, 2024 at 1:55 pm

    George believes with a snicker,no company atached to 1st 2nd kings will be forgiven,he believes in the all mighty,certain evils nessary who decides that rye police,cali bible where god doesnt respond to po box

  20. @irishcherokee8884

    March 2, 2024 at 1:55 pm

    Your 100% right Charles

  21. @churly9717

    March 2, 2024 at 1:55 pm

    So it's good but it's bad but it's good. OKAY.

  22. @eddy-8830

    March 2, 2024 at 1:55 pm

    You have to work for that money in order to call it savings

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