"Former Trump Advisor Larry Kudlow Admits Biden's Economic Success"

1 min read
Source: Business Insider
"Former Trump Advisor Larry Kudlow Admits Biden's Economic Success"
Photo: Business Insider
TL;DR Summary

Former White House economic advisor Larry Kudlow admitted he was wrong to predict a recession under President Joe Biden, acknowledging that the US economy is faring better than expected. He suggested that Biden should boast about the new GDP data, which showed a 3.3% growth in the last quarter of 2023. This admission is significant as the state of the economy is likely to be a key factor in the upcoming presidential election, posing a challenge to Trump's campaign strategy. Additionally, recent figures revealed that the US economy added 353,000 jobs in January, exceeding economists' estimates.

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