Fox Business host Larry Kudrow has lashed out at President Joe Biden over June’s jobs report, calling the term “Bidenomics” adopted by President Joe Biden for his economic policies “ridiculous.”
The US economy added 209,000 jobs in June, according to the latest figures job report From the Bureau of Labor Statistics. The latest report cuts job forecasts for April and May by 110,000. (Related article: “Listen to this and cry”: Former Trump economy official points out “bidenomics”)
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“President Biden called it ‘Bidenomics in action. rice field. “Non-farm payrolls rose by 209,000, well below expectations, but still the lowest level since December 2020. Wait a minute. So, in fact, June added only 99,000 new jobs, which is a very bad number.”
In his June 28 speech, Biden adopted a term coined by The Wall Street Journal to describe his economic policies. speech in Chicago.
Kudlow accused Biden of signing bills, including the Inflation Control Act, which would spend $370 billion on climate change. 16. The bill includes green energy provisions, including his $7,500 tax credit for electric vehicles, and expanded the Environmental Protection Agency’s control over the energy industry following a Supreme Court ruling.
“You could say that Biden inherited the boom and turned it into a recession.
“I still say Bidennomics is fraudulent,” Kudlow concluded.
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