FOX Business host Larry Kudlow explains the impact of the UAW strike on Friday's 'Kudlow.'
I may not agree with everything theis asking for in their current strike, but I do think they have a lot of important points on their side. Two key points are Bidenflation and Biden's completely unbalanced, insane climate policies.
That was OK until recently when Joe Biden came into the White House and launched a left-wing spending frenzy, which the Federal Reserve playing along, at least until recently. Nobody knows how much those subsidies are going to be worth over time, but it's going to be at least $500 billion. Probably a lot more, since there are no money or time caps. So, autoworkers are asking the guy who says he's the most pro-union president in history: "Where are our subsidies?" I intend to be the most pro-union president leading the most pro-union administration in American history.
So, between the combination of Joe Bidenflation and his crazy climate policies, all this sets up a huge doom loop for the car business as it exists today and, remember, Bidenomics is jamming these climate policies down our throats, taking away consumer choice. People do not want to be told they can't drive gas-powered cars.
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