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LARRY KUDLOW: Here's a warning on the economy https://www.foxbusiness.com/media/larry-kudlow-here-warning-economy
1. President Biden is upset because reporters are not happy with his economic figures.
2. But he doesn't tell you as many of the jobs that are being created are federal jobs. I know he wants five divisions of IRS agents. It will take time to get those positions filled.
3. Some positions are lower-paying jobs. The same positions are part-time jobs for people who can't afford to live on what they have now and work on the side.
4. I doubt anybody is happy if they're trying to sell their home because they most likely have a low-interest rate on their house so why would they want to sell their home if it's going to be getting a 30-year mortgage at 8%?
5. Inflation runs a 17%. I noticed that President Biden is bragging about the inflation rate but the core inflation rate excludes food and energy. Energy is up over 40% and food is up 20% and it's even higher than that if you live in Brokeback California which has regular gasoline at over seven bucks a gallon.
6. People are worried because if the economy has too many new jobs, the Federal Reserve will have to raise interest rates even more. Because of the many trillions of dollars of the president's stupid Bidenomics overspending, the FED has to raise interest rates to try to break the economy.
7. The brokeback Joe Biden Administration can just lower regulations and increase domestic oil production and that will help lower oil prices but that goes against his extreme leftist demise of fossil fuels brainwashed mentality.
8. Hypocritical Hillary Clinton talks about MAGARepublicans needing to be deprogrammed. I say we should deprogram President Biden with his green New Deal mentality and his destruction of the American oil and energy industry. European countries are restarting Coal Fired power plants. England and other European countries are saying, not so fast! They want to have the option of the internal combustion engine and they know that the power grid can't handle the electric load and they can't live without Russian natural gas so they have to go to existing infrastructure instead of buying overpriced Chinese wind and solar hardware.
9. President Biden needs to be programmed along with his minions. Economics and Finance 101 works. Trickle-down economics works. Today I heard President Biden and his stupid 'middle- out', 'bottom -up' mentality that hates the 'top -down' but yet he's getting money from Ukraine illegally so he's getting money from the top down and not paying his fair share in income taxes.
10. I am a Union man. It's really ironic that President Biden is supporting the United Auto Workers Union but yet his fanatical mentality of wanting to go all green is going to cost 30 to 40% of the Auto Workers their jobs in the next 5 years.
Larry Kudlow is on Sirius XM Radio at 1400 to 1500 Mountain Time. He is also on the Fox Business Channel at the same time. I heard his Frank discussion today on how much of a freaking liar President Biden is. President Biden is the bottomless Pinocchio liar and the Prime Minister Chamberlain of the modern era that makes America look bad and leads from the rear.
1. President Biden is upset because reporters are not happy with his economic figures.
2. But he doesn't tell you as many of the jobs that are being created are federal jobs. I know he wants five divisions of IRS agents. It will take time to get those positions filled.
3. Some positions are lower-paying jobs. The same positions are part-time jobs for people who can't afford to live on what they have now and work on the side.
4. I doubt anybody is happy if they're trying to sell their home because they most likely have a low-interest rate on their house so why would they want to sell their home if it's going to be getting a 30-year mortgage at 8%?
5. Inflation runs a 17%. I noticed that President Biden is bragging about the inflation rate but the core inflation rate excludes food and energy. Energy is up over 40% and food is up 20% and it's even higher than that if you live in Brokeback California which has regular gasoline at over seven bucks a gallon.
6. People are worried because if the economy has too many new jobs, the Federal Reserve will have to raise interest rates even more. Because of the many trillions of dollars of the president's stupid Bidenomics overspending, the FED has to raise interest rates to try to break the economy.
7. The brokeback Joe Biden Administration can just lower regulations and increase domestic oil production and that will help lower oil prices but that goes against his extreme leftist demise of fossil fuels brainwashed mentality.
8. Hypocritical Hillary Clinton talks about MAGARepublicans needing to be deprogrammed. I say we should deprogram President Biden with his green New Deal mentality and his destruction of the American oil and energy industry. European countries are restarting Coal Fired power plants. England and other European countries are saying, not so fast! They want to have the option of the internal combustion engine and they know that the power grid can't handle the electric load and they can't live without Russian natural gas so they have to go to existing infrastructure instead of buying overpriced Chinese wind and solar hardware.
9. President Biden needs to be programmed along with his minions. Economics and Finance 101 works. Trickle-down economics works. Today I heard President Biden and his stupid 'middle- out', 'bottom -up' mentality that hates the 'top -down' but yet he's getting money from Ukraine illegally so he's getting money from the top down and not paying his fair share in income taxes.
10. I am a Union man. It's really ironic that President Biden is supporting the United Auto Workers Union but yet his fanatical mentality of wanting to go all green is going to cost 30 to 40% of the Auto Workers their jobs in the next 5 years.
Larry Kudlow is on Sirius XM Radio at 1400 to 1500 Mountain Time. He is also on the Fox Business Channel at the same time. I heard his Frank discussion today on how much of a freaking liar President Biden is. President Biden is the bottomless Pinocchio liar and the Prime Minister Chamberlain of the modern era that makes America look bad and leads from the rear.
LARRY KUDLOW: Here's a warning on the economy
Posted from foxbusiness.com
Joe Biden
Economy
Honesty
Fox News Channel
Edited 7 mo ago
Posted 7 mo ago
Responses: 2
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This is the result of a “burn it down” admin policy. Crash America to make it into what they want it and believe it deserves.
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Suspended Profile
Russel, now you too my friend are going cause a liberal brain melt down too. Didn’t you get the memo, we’re suppose to be to stupid to realize that’s happening. Liberals are all in complete denial because their heads are buried somewhere I can’t mention so they can’t see it happening, even when it’s burning. They’ll all deny everything and point the finger at Trump or republicans in general. For the last three years that’s all Joe and his weak woke minded administration has been doing, break it, blame Trump and republicans . Also, didn’t you know Joe how has to build the wall now, even though he says walls don’t work,. He’s now blaming Trump because the money was appropriated during the Trump administration to build the wall, so he has no choice. This is just one of many lies as we know and It couldn’t be because our borders are being invaded by the millions in his three short years. We know the truth, but my concern is he sold 300 million dollars worth of material for only two million so, I guess we’ll have to pay the buyer 300 million more to get it back, I wander who the buyer was, could it be a guy named Hunter, maybe. That’s just one lie but the hits keep coming. Yes they’ve been trying to destroy her for many years but she and her people are to smart for this liberal snow job. Thanks for the post. Semper Fi
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Kudlow has an excellent show weekdays on Fox Business News at 4 p.m. EDT.
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LTC (Join to see)
The radical left hate is showing the passion and don't believe a word he says and they probably believe every single word coming from stupid public affairs officer Pierre. Trickle down economics works. The president Trump tax cuts that are in effect right now are actually helping to minimize the address of the economy. President Biden is stupid not realizing that country is like Ireland have 12% business taxes so if he races business taxes the two where he wants them to be, they're going to leave the USA. President Biden and his stupid bidenomics are too stupid and they need to be deprogrammed to understand that lower taxes actually increases revenue and attracts businesses to stay in the USA.
But the majority of Democrats here are like the Borg from Star Trek. They are programmed to hate profits, they are programmed to believe that trickle-down economics doesn't help the average Rank and file person when many stocks give dividends which is one of the key features of trickle down economics.
I'm getting about $300 in dividends this month but I got about $500 in dividends last month. Leftist Borg Democrats don't get it!
https://images.app.goo.gl/ptqmy6AajjqtSzQX8
But the majority of Democrats here are like the Borg from Star Trek. They are programmed to hate profits, they are programmed to believe that trickle-down economics doesn't help the average Rank and file person when many stocks give dividends which is one of the key features of trickle down economics.
I'm getting about $300 in dividends this month but I got about $500 in dividends last month. Leftist Borg Democrats don't get it!
https://images.app.goo.gl/ptqmy6AajjqtSzQX8
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