New White Paper On Biden’s Policies Driving Us Toward A ‘Biden Recession’ & More Inflation

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Washington, D.C. – A new white paper looking at how President Biden’s radical policies are driving America toward a ‘Biden recession’ and higher inflation has been issued by the Club for Growth Foundation, a 501c3 economic growth education organization. The report was authored by George Washington University adjunct professor of economics Diana Furchtgott-Roth and includes yesterday’s higher than expected 8.3% Consumer Price Index.

Click here to read the report.

“If someone were trying to intentionally tank the U.S. economy, I’m not sure they would do anything different than what President Biden is doing on a daily basis, despite his recent attempts to blame Republicans,” said Club for Growth President David McIntosh. “President Biden’s agenda includes raising taxes; substantially increasing government spending, including entitlement payments; imposing burdensome regulations on businesses and ordinary Americans; and forfeiting America’s energy independence. To avoid a ‘Biden recession’ and lower inflation, it’s time for change.”

As Furchtgott-Roth wrote in the report: ”At the beginning of 2021, America had the strongest economy in the world, and was poised for expansive future growth. President Biden has taken several steps that have harmed today, and will harm tomorrow, the American economy, and increase the likelihood of a recession.”