Biden Inherited America’s Bad Economy?
This is madness.
President Biden and every Democrat knows that the number one issue on most voters minds is the economy. They know that this will be a major problem for them heading into the midterm and they are doing everything in their power to help themselves to win, even lying.
Now, Fox‘s Larry Ludlow ripped into President Biden for pushing the massive lie that he “inherited” a bad economy which was created by former President Donald Trump.
President Biden did NOT inherit a bad economy and Kudlow points it out very well as to why the president is telling a bald-faced lie.
When President Biden was elected into office, growth was 6.5% and inflation was not even a factor of concern. President Biden then pushed through a $2 trillion spending package which sent inflation skyrocketing and kept on passing more spending packages when the Republicans warned Biden not to.
The Federal Reserve also decided to print ungodly amounts of money as a result of President Biden’s actions.
In just two years of his presidency, Joe Biden has also added a whopping $5 trillion to the United States national debt and it’s going to go much higher if it is not stopped.
Biden also keeps pushing wage gains however his inflation has eaten away at any wage gains he might have created and wages have actually been declining for 18 consecutive months.
President Biden did not inherit a bad economy. Biden birthed one.
