‘Whoa!’: Trump's Top Economic Adviser Shocks Fox News Host With Biden Economy Admission
Donald Trump’s former White House economic adviser Larry Kudlow on Thursday surprised Fox News’ Sandra Smith with his acknowledgment that the U.S. economy under President Joe Biden isn’t as bad as he’s previously claimed.
“Whoa! That’s a headline,” Smith responded to Kudlow’s admission in an exchange that was shared online by The Daily Beast.
Kudlow, who is now a Fox Business host, said Biden “gets his due” following a Bureau of Economic Analysis report that GDP grew by 3.3% in the fourth quarter of 2023.
Biden has hailed the news, as Kudlow said the president should.
“If I were he, I would be out slinging that hash, too. No problem,” said Kudlow.
But the former Trump ally did issue a couple of caveats, though.
Government spending is fueling the growth, he claimed.
“I don’t want to be accused of denying his numbers. But I’m saying if you put it in perspective, it really is, a big chunk of it is government spending,” he said.
Kudlow also put Biden’s failure to enjoy a polling boost ― despite the positive economic news ― down to the lingering effects of inflation.
Support HuffPost
The Stakes Have Never Been Higher
At HuffPost, we believe that everyone needs high-quality journalism, but we understand that not everyone can afford to pay for expensive news subscriptions. That is why we are committed to providing deeply reported, carefully fact-checked news that is freely accessible to everyone.
Our News, Politics and Culture teams invest time and care working on hard-hitting investigations and researched analyses, along with quick but robust daily takes. Our Life, Health and Shopping desks provide you with well-researched, expert-vetted information you need to live your best life, while HuffPost Personal, Voices and Opinion