Reagan admin economist slams Biden admin over inflation
Former Reagan Economic Adviser Art Laffer reacts to the May CPI report on ‘Mornings with Maria.’
During an interview on "Mornings with Maria" economist Art Laffer said the May CPI report is the "worst news of all" that the Biden administration could receive withInflation is not only not peaking and not coming down, it is accelerating. And this is the worstcould have. And when you combine that with the GDP decline in the first quarter by 1.5%, and now the forecast for the second quarter out of Atlanta is only 9/10 of 1% growth. That's atrocious.
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