Peter Navarro, the Trump economic adviser, says that the Biden administration is driving the economy into the ground.
“Morning Joe, Biden and everybody in between on that side of the fence focus on this low unemployment rte number, but it’s not low unemployment rate. When you factor in all the people who are long term discouraged workers, all the people who are resigning early… that unemployment rate is more than double that. So the one bright spot they say exists isn’t even a bright spot, and then from there everything else falls apart…. The Fed is threatening interest rate hikes… That’s going to slow things down. Mortgage rates are going up, food prices are up, gasoline prices are up, housing prices are going through the roof.”