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Kudlow: Biden's woke climate agenda would put economy into permanent recession
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Kudlow: There is no immediate existential climate threat
‘Kudlow’ host reflects on fossil fuels and the left’s environmental policies.
Of course, people have been asking me, "Are we in a recession?" or "When are we going into recession?" Here is my answer.
If President Joe Biden ever succeeded with his woke, climate, fossil-free progressive agenda, he will put the American economy into a permanent recession. That's right.
In Japan, the other day, he gleefully talked about an incredible transition away from fossil fuels. He's more than pleased to see sky-rocketing gasoline prices. That's when he made his "incredible transition" remark, and then he says "God willing, when it's over we'll be stronger and the world will be stronger."
My response is, if Biden's dream ever came true, then God willing, maybe we'll still have an economy because, we will never have a healthy economy without fossil fuels. Full stop.
US ECONOMY ON CUSP OF STAGFLATION, WORLD'S LARGEST HEDGE FUND WARNS