Posted on Dec 2, 2022
Larry Kudlow: 'More welfare without work' is the 'radical Democratic battle cry'
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Larry Kudlow: 'More welfare without work' is the 'radical Democratic battle cry' https://www.foxbusiness.com/media/larry-kudlow-more-welfare-without-work-radical-democratic-battle-cry
Those of you who see Fox News think of it as an automatic lie but Larry Kudlow is talking about an editorial in the Wall Street Journal criticizing both Democrats and Republicans in the lame-duck congress for talking about spending like crazy before the next Congress begins on January 3rd.
The more money the lame-duck congress spends before January 3rd, the harder will be for the Federal Reserve to lower inflation.
Remember that inflation is basically 'too much money chasing too few goods' and President Biden and his Administration along with some foolish Republicans have approved 5 trillion dollars in spending in the last two years and that just makes it impossible for the Federal Reserve to correct the inflation problem.
As much as you hated president Trump, he left us with a 6.5% growth rate and a 1.2% inflation rate. The goal is to keep it under 2%. That goal is not attainable while Democrats and Republicans continue to spend money they don't have.
This article is based on the Larry Kudlow show on Fox News at 1400 Mountain Time on Sirius XM channel 113.
Those of you who see Fox News think of it as an automatic lie but Larry Kudlow is talking about an editorial in the Wall Street Journal criticizing both Democrats and Republicans in the lame-duck congress for talking about spending like crazy before the next Congress begins on January 3rd.
The more money the lame-duck congress spends before January 3rd, the harder will be for the Federal Reserve to lower inflation.
Remember that inflation is basically 'too much money chasing too few goods' and President Biden and his Administration along with some foolish Republicans have approved 5 trillion dollars in spending in the last two years and that just makes it impossible for the Federal Reserve to correct the inflation problem.
As much as you hated president Trump, he left us with a 6.5% growth rate and a 1.2% inflation rate. The goal is to keep it under 2%. That goal is not attainable while Democrats and Republicans continue to spend money they don't have.
This article is based on the Larry Kudlow show on Fox News at 1400 Mountain Time on Sirius XM channel 113.
Larry Kudlow: 'More welfare without work' is the 'radical Democratic battle cry'
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Edited 2 y ago
Posted 2 y ago
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Democrats on Rally Point can't put him down or insult him because Economist Larry Summers warned just like he has all this time on how the Biden Administration was going to Fox Trot up the economy with too much spending. Democrats on here cannot Gaslight me or anybody else who supports economic common sense and finance. President Bill Clinton in his second term after getting his ass kicked in the midterm elections worked with Republicans and approve tax cuts, border enforcement through operation gatekeeper and nearly balanced the budget on his second term in office.
Larry Kudlow worked in the Federal reserve, Larry Kudlow worked with President Reagan and with president trump. He knows the inner workings of the government and he has been spot on everything concerning the do's and don'ts of the economy. He is a subject matter expert and he considers Janet Yellen and the other people in the Federal Reserve right now as political hacks who don't know their ass in the hole in the ground and who are just following the Biden big government spending big government socialism agenda. The Federal Reserve is also hiding the release of the 150 suspicious transactions from Hunter Biden which leads back to President Biden. Once President Biden came into office, Congress can no longer individually request information from the Federal Reserve without the Democrats approving it. Starting January 3rd, the house will be able to request an information without Democrats permission.
https://www.cnn.com/2021/05/26/economy/inflation-larry-summers-biden-fed/index.html
MAJ Dale E. Wilson, Ph.D.
Larry Kudlow worked in the Federal reserve, Larry Kudlow worked with President Reagan and with president trump. He knows the inner workings of the government and he has been spot on everything concerning the do's and don'ts of the economy. He is a subject matter expert and he considers Janet Yellen and the other people in the Federal Reserve right now as political hacks who don't know their ass in the hole in the ground and who are just following the Biden big government spending big government socialism agenda. The Federal Reserve is also hiding the release of the 150 suspicious transactions from Hunter Biden which leads back to President Biden. Once President Biden came into office, Congress can no longer individually request information from the Federal Reserve without the Democrats approving it. Starting January 3rd, the house will be able to request an information without Democrats permission.
https://www.cnn.com/2021/05/26/economy/inflation-larry-summers-biden-fed/index.html
MAJ Dale E. Wilson, Ph.D.
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.
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