U.S._ Kudlow: Biden Admin on Inflation 'Apology Tour'

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Kudlow: Biden Admin on Inflation 'Apology Tour'

Larry Kudlow, former director of the White House National Economic Council (Photo by Joe Raedle/Getty Images)

By Nick Koutsobinas | Sunday, 05 June 2022 07:34 PM


Former economist for the Trump administration Larry Kudlow joked to "The Cats Roundtable," hosted by John Catsimatidis, that Treasury Secretary Janet Yellen was on an inflation "apology tour." During her appearance with CNBC on Wednesday, Yellen apologized for statements she made last year calling inflation "transitory."

"They are on this inflation forgiveness tour," Kudlow said of the Biden administration. "Janet Yellen did one of these hostage video apologies on CNN ... saying, 'Oh my God. I'm so sorry. I used to love America. Now, I hate America. I used to ignore inflation. Now, I acknowledge, I was completely wrong.'"

So now, Kudlow said, President Joe Biden, "after the jobs report ... wants to be real clear about the root causes of inflation — and then proceeds to blame Vladimir Putin."

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READ MORE: https://www.newsmax.com/newsfront/inflation-joe-biden-transitory-apology/2022/06/05/id/1073032/

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