Founder of American-made company Home Depot says Biden ‘worse than Jimmy Carter’

By Fox News Staff, Fox News

Home Depot co-founder Ken Langone predicted the United States will face a recession and called President Biden worse than former President Jimmy Carter on “Your World with Neil Cavuto” Tuesday.

KEN LANGONE: We’ve got to get rates well above the inflation rate if you want to snap inflation, just like Paul Volcker did in 1980 and ’81. … This was not transitory, this was a real serious case of inflation. We lost a whole year on addressing the issue. Only because, frankly, we have leadership today in America that isn’t willing to admit when they’re wrong. They made a terrible blunder here, and now the price has got to be paid. If you want to get inflation back, if you want a benchmark, you’re going to probably need interest higher than 8.5%. 

Continue reading…

CONTINUE READING ON FOX NEWS

DONATE TO AMERICAN WIRE

If you are fed up with letting radical big tech execs, phony fact-checkers, tyrannical liberals and a lying mainstream media have unprecedented power over your news please consider making a donation to American Wire News to help us fight them.

Thank you for your donation!

Comment

We have no tolerance for comments containing violence, racism, profanity, vulgarity, doxing, or discourteous behavior. If a comment is spam, instead of replying to it please click the ∨ icon below and to the right of that comment. Thank you for partnering with us to maintain fruitful conversation.

PLEASE JOIN OUR NEW COMMENT SYSTEM! We love hearing from our readers and invite you to join us for feedback and great conversation. If you've commented with us before, we'll need you to re-input your email address for this. The public will not see it and we do not share it.

Latest Articles