Larry Kudlow Agrees Biden Economy ‘Not as Bad’ as He’s Been Saying. Former Trump economic advisor Kudlow conceded that his gloomy forecasts of a looming recession under President Biden were off the mark, admitting that the economy is “not as bad” as his recent fear-mongering would indicate.
by mafco
4 comments
Maybe we should acknowledge the success of current economic policies and enjoy the ride while it lasts.
Of course, there will forever be the argument between Biden’s strategy, “When the middle class does well, everybody does well,” saying a thriving middle class is the primary cause of economic growth, and those who still argue for Reaganomics “trickle-down”.
Turns out, the Reagan, Bush and Trump tax cuts, enjoyed by the top, are not trickling down to the middle class and less fortunate, widening inequality. I believe this, in addition to the cost of rent and food being too high, is at the crux of the enduring negative feelings on the economy, despite Biden’s efforts, jobs numbers and growing GDP.
Good on him for acknowledging he was wrong in the face of good data. Cant say the same for the doomers around here.
so an established shill, who is paid enough to not be effected by inflation is saying that the economy isn’t as bad as it is…. not exactly someone I would try to get any amount of legitimate information from.
Uh oh, did he just give us the Kudlow Kiss of Death?