.larry_kudlow: Biden is incapable of telling the truth about the economy
FOX Business host Larry Kudlow voices his concerns about reckless government debt on 'Kudlow.'
I mean, really? Speaker Kevin McCarthy and the Republican House have no intention of defaulting on the federal debt. They've said it time and again and it's incredibly irresponsible for Biden to say he refuses to negotiate. That makes him responsible for some kind of debt default in the worst case. FILE - President Joe Biden speaks during the"Accelerating Clean Technology Innovation and Deployment" event at the COP26 U.N. Climate Summit, Nov. 2, 2021, in Glasgow, Scotland.
Now, this is pure Pinocchio blarney. First up, his 87,000 new IRS agents chasing after the tips of waitresses, cab drivers and doormen will not generate any significant revenues. This has been tried before and has always failed and, of course, it's middle and lower-class working folks who pay the burden because the well-to-do have tax lawyers to protect them.
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