LARRY KUDLOW: It appears the US economy is standing on the front-end of a recession

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LARRY KUDLOW: It appears the US economy is standing on the front-end of a recession
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FOX Business host Larry Kudlow says the United States may be on the front-end of a recession on Friday's 'Kudlow.'

We may well be on the front end of a recession, as the economic storm clouds darken even more and that's the subject of the riff. With today's terrible jobs report and another big smackdown of stocks, it certainly looks like the U.S. economy is standing on the front-end of a recession. The economic storm clouds continue to darken. Recession indicators are proliferating. Here's one: the unemployment rate has moved up to 4.3% from its low of 3.4% last year.

The Biden-Harris administration has already suffered at least a mini-recession in the first half of 2022, when skyrocketing 9% inflation drove GDP down for two consecutive quarters and, of course, the soft underbelly of Bidenomics is the ongoing affordability crisis where the level of consumer prices has surged 20% during their term.

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