Larry Kudlow: Biden turning off spigots has damaged our economy and national security
https://www.ft.com/content/92583389-fcf7-43d1-b1f9-6516b4370bc2
Democrats don't care as long as it's not in their backyard.
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Economist Larry Kudlow thanks very similarly to Economist Larry Summers who worked for President Obama and President Clinton.
Too much money chasing two few goods is what President Biden's been doing injecting all this extra money into the economy any wants to do it some more period forgiving student loans and the inflation reduction act which does just the opposite and the original covid release bill, pumped up to 5 trillion dollars into the economy that wasn't really needed. It was all self-inflicted.
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Former Treasury Secretary Larry Summers says it's 'more likely than not' US will enter recession
Former US Treasury Secretary Larry Summers said Thursday it's "more likely than not" the US will enter a recession, calling it a consequence of the "excesses the economy has been through."
President biden, the divider in Chief and president of the Liars Club was warned last year by Larry Summers but he's the fool because he didn't listen to Common sense. Had this been Bill Clinton or jfk, this wouldn't have happened because both had MBAS business.
Only a fool would raise taxes during a recession. Only a fool would cut back on domestic oil production and beg his enemies to pitch in. Self-inflicted Science of Stupid President Biden.
Opening up the Strategic petroleum Reserve just incentivized OPEC to cut back by 2 million barrels to punish President Biden because now the strategic oil Reserve is 1/2 full.
Larry Summers sends stark inflation warning to Joe Biden | CNN Business
Larry Summers is urging Washington to tap the brakes on stimulus — or risk unleashing a serious burst of inflation.