Reagan Economist Takes Down President’s Claims About Bidenomics by the Numbers
Former Reagan administration economist Larry Kudlow destroyed President Joe Biden’s claims Wednesday that Bidenomics is “working” and superior to Reaganomics.
In a speech in Chicago, Biden said, “I knew we couldn’t go back to the same failed policies when I ran, so I came into office determined to change the economic direction of this country, to move from trickle-down economics to what everyone on Wall Street Journal and Financial Times began to call ‘Bidenomics.’”
“Trickle-down economics” is the derisive term leftists use to try to dismiss the economic boom the nation experienced under President Ronald Reagan in the 1980s, when the economy grew an entire third larger, adding over 16 million jobs.
