{"id":1708106,"date":"2022-10-23T15:48:05","date_gmt":"2022-10-23T19:48:05","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1708106"},"modified":"2022-10-23T15:48:22","modified_gmt":"2022-10-23T19:48:22","slug":"former-trump-economic-adviser-blasts-biden-he-will-not-tell-the-truth-about-the-economy","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/former-trump-economic-adviser-blasts-biden-he-will-not-tell-the-truth-about-the-economy\/","title":{"rendered":"Former Trump Economic Adviser Blasts Biden: \u2018He Will Not Tell The Truth About The Economy\u2019"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">30<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fformer-trump-economic-adviser-blasts-biden-he-will-not-tell-the-truth-about-the-economy%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1708106&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>Former Trump administration economic adviser Larry Kudlow blasted President <a href=\"https:\/\/www.dailywire.com\/topic\/joe-biden\" target=\"_blank\" rel=\"noopener\">Joe Biden,<\/a> accusing him of lying about the state of the economy.<\/p>\n<p>Appearing on \u201c<a href=\"https:\/\/www.foxnews.com\/video\/6314234449112\" target=\"_blank\" rel=\"noopener\">Fox News Sunday<\/a>\u201d with host Shannon Bream, Kudlow claimed Biden has repeatedly told falsehoods about the state of the economy, such as insisting his administration inherited a weak economy from Donald Trump and that the economy is strong right now.<\/p>\n<p>Kudlow said that the economy is about to slide into a recession, and Biden\u2019s policies have failed catastrophically.<\/p>\n<p>\u201cI\u2019ve never understood these crazy assertions. Utter fraud. I mean just to look at the numbers,\u201d Kudlow told Bream. \u201cWhen Joe Biden was inaugurated, the economy was growing at about 6.5 percent. The inflation rate was barely above 1 percent. And in the course of the next 12 to 15 months, 18 months, he took that economic boom and essentially turned it into a recession because of all the inflationary federal spending and regulating and the war against fossil fuels.\u201d<\/p>\n<p>\u201cHe will not tell the truth about the economy,\u201d Kudlow continued. \u201cHe inherited a boom. He turned it into a bust. We\u2019re in a lot of trouble now.\u201d<\/p>\n<p>\u201cThe Federal Reserve is raising interest rates. Stock markets are falling, we are headed for a very deep recession. And these progressive policies have utterly failed,\u201d he added. \u201cThere\u2019s no confidence in him. There\u2019s no confidence in his policies. And right now there\u2019s no confidence in the economy. And that\u2019s why the cavalry is coming. That\u2019s why we\u2019re going to see a tremendous turnover in Congress in the next couple weeks in the midterm elections.\u201d<\/p>\n<p>In <a href=\"https:\/\/www.whitehouse.gov\/briefing-room\/speeches-remarks\/2022\/10\/21\/remarks-by-president-biden-on-historic-deficit-reduction\/\" target=\"_blank\" rel=\"noopener\">remarks<\/a> at the White House Friday, Biden boasted about reducing the federal deficit, then claimed that if Republicans take back Congress after the 2022 midterms, they will advance policies that would impede economic recovery.<\/p>\n<p>\u201cEverything they\u2019re proposing would make inflation worse,\u201d Biden claimed. \u201cAnd look at what they\u2019re offering. \u2026 If Republicans get their way, the deficit is going to soar, the tax burden is going to fall on the middle class.\u201d<\/p>\n<p>\u201cIt\u2019s mega MAGA trickle-down,\u201d Biden added. \u201cMega MAGA trickle-down \u2014 the kind of policies that have failed the country before and will fail it again.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Former Trump administration economic adviser Larry Kudlow blasted President Joe Biden, accusing him of lying about the state of the economy. Appearing on \u201cFox News Sunday\u201d with host Shannon Bream, Kudlow claimed Biden has repeatedly told falsehoods about the state of the economy, such as insisting his administration inherited a weak economy from Donald Trump &#8230;<\/p>\n","protected":false},"author":1,"featured_media":1708109,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[541],"tags":[],"class_list":["post-1708106","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-daily-wire"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1708106","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1708106"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1708106\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1708109"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1708106"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1708106"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1708106"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}