FOX Business host Larry Kudlow reacts to President Biden's declining economic polls ahead of the election on 'Kudlow.'
U.S. government finances are an absolute mess, according to the latest Congressional Budget Office report. Across the board: spending, deficits, debt — all moving in the wrong direction. There is no excuse for it, and there is certainly no economic justification for it.
These are outrageous numbers for an economy that's close to full employment. There is no pandemic. There is no war and, so far, no recession. What there has been is a 20% rise in the level of consumer prices during Mr. Biden's term and a 2% drop in real weekly wages over that period.
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