FOX Business host Larry Kudlow takes a hit at President Joe Biden's economic policy on 'Kudlow.'
FOX Business host Larry Kudlow breaks down the president's economic policies on 'Kudlow.'
Well, good for him. Except for what he said. Oh, my goodness. With the greatest respect, and I surely don't mean any personal attack, but once again our current president is simply incapable of telling the truth about the economy. There is no $1.7 trillion deficit reduction. Not now, not yesterday, not tomorrow under Mr. Biden. In fact, this year's FY '23 deficit will be well over $2 trillion and none of that includes a re-estimate of the poorly named "Inflation Reduction Act," which Team Biden has finally fessed up to be a climate subsidy bill and which the Penn-Wharton model and others are now scoring at over a trillion dollars. The original was about $250 billion.
Well, Mr. Trump actually created massive tax-cut incentives for a huge volume of new plants, equipment and machinery. He also built a wall to protect the U.S. border with Mexico and, of course, Mr. Biden wouldn't finish the wall and left hundreds of millions of dollars of equipment to rust because of his open border policy, but I digress.
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