Economist Steve Moore says Dems were 'wrong' about inflation, Biden needs 'whole new economic agenda'
Dow falls below 30,000 for first time since mid-January
{{#rendered}} {{/rendered}}
During an interview on "America’s Newsroom" Friday, former Trump economic adviser Steve Moore condemned President Biden's economic agenda, saying he should "reverse course," especially on energy policy.
BIDEN'S LEFT-WING WHITE HOUSE AIDES INSULATE HIM FROM THE AVERAGE AMERICAN'S REALITY: POMPEO
STEVE MOORE: 12 Nobel Prize economists. Even people I respect, like Austin [Goolsbee] and so many others, Paul Krugman, they all said last year there would be no inflationary effect from these spending bills. People said that are making this up, now we have the worst inflation in 40 years. They were just wrong, wrong, wrong, wrong. We need a whole new economic agenda. We need to start cutting spending. We should be reducing taxes, getting rid of all these regulations, building out our energy supply and our pipelines and our refineries. By the way, we haven't built a refinery in this country in 20 years. Why? Because the radical left won't allow us to do it. So this is a result of bad policies by Biden. And I don't see any kind of change in policy from him.
{{#rendered}} {{/rendered}}
WATCH THE FULL INTERVIEW HERE: