Joe Biden will go down as one of the worst Presidents in American history.
He’s trying to pull the wool over Americans’ eyes on one major failure.
And a top Trump advisor gave Joe Biden a devastating reality check over this massive deception.
President Joe Biden is presiding over the worst economy in a generation.
The stock market is plummeting, the housing market is collapsing, inflation is running rampant, and energy prices are soaring.
While Americans are being crushed by the weight of his never ending economic disasters, President Biden is claiming everything is fine.
Biden is trying to pull a fast one on by claiming that his disastrous economy is “strong.”
“Our economy is strong as hell,” Biden told reporters in Portland, Oregon, while he ate an ice cream cone.
Fox Business’ Larry Kudlow served as an economic advisor to former President Donald Trump, and was one of the architects of the economic boom America was experiencing prior to COVID.
During an appearance on Fox News Sunday, Kudlow unloaded on President Biden for his blatant lies about the state of the American economy.
“I’ve never understood these crazy assertions, utter fraud,” Kudlow said. “I mean, just look at the numbers.”
After inheriting an economy in recovery from the pandemic in Trump’s final months in office, President Biden ran the economy into the ground.
“When Joe Biden was inaugurated, the economy was growing at about 6.5%,” Kudlow explained. “The inflation rate was barely above 1%.”
The country officially entered the Biden recession after the economy recorded two consecutive quarters of negative economic growth earlier this year.
“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,” Kudlow said.
Even Democrats, like former Clinton Treasury Secretary and Obama economic advisor Larry Summers, blame Joe Biden and Democrats’ trillions of dollars in socialist spending sprees for unleashing inflation.
“He will not tell the truth about the economy,” Kudlow continued. “He inherited a boom. He turned it into a bust. We’re in a lot of trouble now.”
The warning signs are flashing that the economy is headed into a devastating recession under President Joe Biden.
“The Federal Reserve is raising interest rates,” Kudlow said. “Stock markets are falling, we are headed for a very deep recession.”
To combat inflation, the Federal Reserve is raising interest rates to slow down demand in the economy.
Continued interest rate hikes by the Fed are threatening to plunge the economy into a devastating recession.
“And these progressive policies have utterly failed,” Kudlow added. “There’s no confidence in him. There’s no confidence in his policies. And right now there’s no confidence in the economy.”
Joe Biden’s unprecedented destruction of the economy has him on track to be one of the worst Presidents in American history.
Stay tuned to Conservative Underground News for any updates to this ongoing story.