Former Chrysler and Home Depot CEO Bob Nardelli warned that the fault lines of the economy are "about ready to crack" on Monday, adding that the Biden administration's alleged policy missteps could leave a cumbersome mess for the next person who sits in the Oval Office to clean up.
This comes as a recent Wall Street Journal analysis found that American households' net worth has flattened during Biden's tenure. Specifically, the report found that household incomes experienced a 19% increase under Biden, comparable to the 23% increase during Trump's presidency, but inflationary adjustments put the increase under President Biden at only 0.7%, compared to 16% for Trump's first three years.