Home » Celebrities » Larry Kudlow: This inflation scourge has given average working folks a 3.4% wage cut over the past year
Larry Kudlow: This inflation scourge has given average working folks a 3.4% wage cut over the past year
Larry Kudlow: This has strangled business enterprise
FOX Business host Larry Kudlow voices his concerns about rising consumer prices following the passage of the Inflation Reduction Act on ‘Kudlow.’
It's bad enough that President Joe Biden held a James Taylor celebratory concert yesterday after a terrible consumer inflation report with soaring prices for food and groceries, electricity, natural gas, cars, medical care—pretty much everything besides a drop in gasoline —with a near 1,300-point stock market selloff and 30-year mortgage rates jumping up to almost 7%, decimating the housing sector.
If all that weren't embarrassing enough, today in Detroit his new word salad sounded like this. See it for yourself:
BIDEN: "We started with the American Rescue Plan. It’s taken us from economic crisis to economic resurgence."
Hang on a second, Mr. President. Objective observers using actual factoids might put it a bit differently.
WHOLESALE INFLATION DECLINES IN AUGUST, BUT PRICES REMAIN NEAR MULTI-DECADE HIGH