Freedom Works economist Steve Moore shared his frustration with the current state of the US economy and President Biden’s economic agenda on “Hannity” Friday.
STEVE MOORE: People always ask me if what the Biden administration is doing about the economy is intentional? And I say I don’t think it’s intentional, but if it was intentional and you wanted to destroy a country’s economy, you do two things, Sean. First, you would destroy their currency. And when you have inflation out of control, that’s what it does. It destabilized your currency. And the second thing you would do, Sean, is destroy their power supply. And that is exactly what has happened below Joe Biden. Now here’s why I’m so frustrated with our current situation. By the way, the numbers just came out today confirming that I always get asked, are we going into recession? I said, we’re already in a recession, Sean, wow, the first two months of this. Two quarters of this year were negative. This was confirmed today. We are in an economic mess. We are in a financial crisis right now as a country.
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And my biggest frustration, Sean, and I think this is something you agree with, is that this was completely unnecessary. We should be booming right now as the economy came out of COVID, if Donald Trump was still president we wouldn’t be talking about a recession. We wouldn’t be talking about 8% inflation. We wouldn’t be talking about those 4000 drops in family income. The economy would be booming. And that is, I think, my biggest regret about what happened. And when you put people like Pete Buttigieg and people like Jennifer Granholm and I in charge of the economy, they can’t take us. They have no experience whatsoever. They don’t know what they are doing. And who did you talk about, you talked about the president and the vice president. You are right. They know nothing about economics. But who does it? Sean who knows nothing about how to make it work white houseno one doess.
BIDEN’S ECONOMIC ADVICE: GOVERNMENT POLICY THAT DOES NOT CONTRIBUTE TO INFLATION
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