The economic fallout of the Biden administration’s first full year in office has been disastrous. The Silicon Valley Bank collapse, which occurred earlier this month, is a prime example of how the current leadership has mangled our economy.
On his show “Kudlow”, FOX Business host Larry Kudlow commented on this recent event and its implications for our nation’s financial stability. He noted that while it appears to be an isolated incident at first glance, it could have far-reaching consequences if not addressed properly by the government soon.
Kudlow also expressed concern over what he sees as a lack of action from President Biden and his team when it comes to addressing these issues head-on. He argued that instead of simply hoping for better days ahead, more proactive steps need to be taken now to ensure long-term economic security for all Americans going forward.
Overall, Kudlow believes that 2021 should serve as a wakeup call for President Biden and his team about just how fragile our economy can be if proper measures are not taken quickly enough – especially during times like these when we are already facing so much uncertainty due to COVID-19 related restrictions and other external factors beyond their control.
Read more at Fox Business