Larry Kudlow: Biden admin has not generated any confidence in its ability to steward economic prosperityIn a major Wall Street Journal headline story today: "Most Americans doubt their children will be better off," WSJ-NORC poll finds.
I know that I'm going to sound partisan right now, but my own personal view is that Joe Biden owns this pessimism. It’s the same way Joe Biden owns the inflation that continues to haunt middle-class working folks. It was his massive spending, which really continues to this day, that caused the inflation that is the cruelest tax of all, to paraphrase Maynard Keynes.
In the NORC poll, nearly two-thirds said inflation is a major concern. Then, roughly four-in-ten cited healthcare and housing costs. Despite low unemployment, there's anxiety about the job market. Almost half said their finances are worse than expected. More than half have lost faith in the power of an education, the power of a college education too. That is a heartbreaker!
I also believe Joe Biden owns the banking problem, because the original sin of his bailouts was sky-rocketing inflation, which ultimately led to huge interest rate increases and have sent a major shiver throughout banks all around the world and, on that point, working folks do not like the bank bailouts one bit.
Mr. Biden is not pursuing happiness. He's pursuing a far-left ideological agenda. It can be summarized by the phrase "limitless government" – bailouts, subsidies, taxes, regulations, social benefits, cancel culture, diversity, equity and inclusion, esg and on and on.
Rhode Island was thrilled to get rid of Gov. Gina Raimondo , she is just another inexperienced member of Biden’s Cabinet that’s in way over her head like Buttigieg! Another disaster waiting to happen .
Towards Soviet America or an Islamic Republic ? TRUMP2024ToSaveAmerica
Joe Biden and his left agenda need to get out of our country! We are the United States of America! We believe in Freedoms! Joe Biden needs to be taken out of office now! He’s already ruined our reputation!
larry_kudlow I disagree w u on one thing…you say that americans see through the bs of BidenCrimeFamilly I go as far as to say that they seek out the lies to soothe themselves for their lazy mindless votes. Big fan of you cvpayne MariaBartiromo fitz_keith reply? Follow?
Worst administration in American history.
Not a news flash.
Finance Finance Latest News, Finance Finance Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Larry Summers says more rate hikes are needed despite a banking crisisFormer Treasury Secretary Larry Summers says more rate hikes may be needed to kill inflation despite a banking crisis Watch John Stewart expose this swine!
Source: BusinessInsider - 🏆 729. / 51 Read more »