peter morici, as always, terrific insight. at the grocery store. so question is, lauren, who's he blaming now? lauren: the grocery stores. it's the food stores' problem. he tells them stop overcharging customers, and you're making way too much money. [laughter] >> -- to bring prices down, there are still too many corporations in america ripping people off. price gouging, junk fees, greenflation, shrinkflation. [laughter] lauren: okay. so what are the chances that his ftc doesn't allow albertson's and and kroger to merge? i think pretty high. you're looking at cpi, overall inflation since biden took office. it's 17.6%. so is everybody price gouging them, not just the food stores? ashley: well, according to biden, breed-flation, that's a new one. lauren, thank you very much. [laughter] >> coming up, oh, yes, it's friday. send in your feedback. e-mail your questions, comments, critiques, criticisms to varneyviewersfox.com. oh, by the way, or it's groundhog day, and punxsutawney phil has made his prediction. will there be six more

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peter morici is one of the top economists that we know.s some thoughts on that, and 50-dollar minimum wage, right after this. ♪. trading at schwab is now powered by ameritrade, giving traders even more ways to sharpen their skills with tailored education. get an expanding library filled with new online videos, webcasts, articles, courses, and more - all crafted just for traders. and with guided learning paths stacked with content curated to fit your unique goals, you can spend less time searching and more time learning. trade brilliantly with schwab. during my entire life i have been somewhat of an outdoors person. golf, gardening around here. how can i stay out of the sun? so about two years ago i was diagnosed with basal cell carcinoma. when they discussed the mohs surgery on my face, i was not really a fan of that because the scarring can be disfiguring. if you've been affected by skin cancer, surgery is no longer your only option. we chose gentlecure. gentlecure is a surgery-free treatment that uses low energy x-rays to kill skin cance

economist peter morici joins me now. et for a second -- is the economy too dependent on these seven huge tech companies? >> well, first of all, it's great they're doing well, and we should want that. however, so much of our economy is not doing well because it's not cost competitive. for example, chip making, automobile as and so forth. and right now the administration is taking a lot of this and squandering it so that we're basically living off these seven companies. it's very similar to what went on in ya pa pan in the 1980s -- japan. we all knew about sony and toyota and so forth, they were invading our markets. but so much that was underneath them was rotting away. and i'm very concerned that with the wrong economic policies, we've squandered the great opportunity that's being created by what is essentially the next invention of the wheel. stuart: okay. you've got an op-ed that says americans deserve a better economy than what biden or trump can give them. all right, peter, if it's not bide, if it's not trump, then wh

peter morici wrote that and joins me now. where where's the liberal media going wrong on trump? nk there's that. they have that the trump derangement syndrome. in reality the american people think the establishment, the people in washington, whether it's the biden people or the bush with people, are not pursuing their interests. as was just alluded to, they don't really address kitchen table issues. if you're a millennial, gen-xer or so forth, you can't buy a home because it's too expensive,, laws, what have you. you're saddlinged with student loans. affirmative action is balkanizing america, it's turning americans one on another. joe biden's stance for that -- stands for that, george bush did nothing about that. they want the bureaucracy pulled out by its roots and burned. the bureaucracy in washington thinks they are custodians of the national interest, and if you elect someone like trump or someone that opposes them, for example, the pacifists at the state department, that they are the custodian withs of the national interest and trump or whoever it might be is a malignancy. t