'Economics has a liberal bias': Peter Navarro slammed for criticizing Larry Kudlow's praise of Bidenomics

'They turn on each other so quickly!' Peter Navarro slammed for criticizing Larry Kudlow's praise of Bidenomics
Peter Navarro slams Larry Kudlow's praise of Bidenomics (Getty Images)

WASHINGTON, DC: Larry Kudlow, former official for Donald Trump and current Fox host, recently praised Bidenomics during a financial market analysis session on his show on Fox.

However, the former Trump official’s open praise for the economic strategies of President Joe Biden did not sit well with Peter Navarro, the former National Defense Production Act policy coordinator for the Trump administration.

WASHINGTON, DC - MARCH 22: Peter Navarro, Director of the National Trade Council, speaks at the dail
Former Trump official Peter Navarro slams Larry Kudlow's praise (Getty Images)

What did Larry Kudlow say about Bidenomics?

During a February 2 episode of his eponymous talk show on Fox Business, Kudlow sounded impressed with the generation of 353,000 jobs in America.

He also criticized the Conservatives for finding “drill holes” in the positive business news.

Kudlow praised the market, saying, “We had a blowout jobs report. More than twice the consensus expectation," per Meidas Touch.

He attacked the Conservative critics for finding faults, and added, “Now, I know many of my conservative friends are trying to drill holes in this report. But you know what, folks? It is what it is. It's a very strong report.”



 

“Not every economic stat should be viewed through a political lens. I've been in this business a very long time, and sometimes you just have to throw away the ballot box and just recognize the numbers,” added Kudlow, before reiterating, “They are what they are. This was a very strong report.”

Commending the number of job generation, Kudlow gushed, “353,000 gained in non-farm payrolls, a very big number. Prior two months revised up by 126,000, another big number. And the bottom line here is more Americans are working.”

Going beyond the party colors, Kudlow opined everyone is thriving.

He continued, “And that is a good thing no matter what your party registration is. Also a good thing, worker wages continue to improve. Average hourly earnings for production workers, aka a middle class, blue collar folks, they're up 4.8% over the past 12 months.”

He explained, “Their rate of productivity -- that is, output per hour, a very important economic efficiency and growth indicator -- productivity rose 2.7% last year.”

Peter Navarro criticizes Larry Kudlow

The former Director of Trade and Manufacturing Policy under Trump Government and American economist Peter Navarro, nevertheless, slammed Kudlow for his appreciation of Bidenomics.

He took to his social media handle on X (formerly Twitter) and wrote on February 2, "This is why @LarryKudlowShow should never have been allowed to run @realDonaldTrump econ policy. Larry misses that @JoeBiden is destroying America's balance sheet and driving us towards fiscal cliff for short term political gain with over-stimulus."



 

He was, however, criticized heavily by the social media users.

Internet slams Peter Navarro for his criticism of Larry Kudlow

Internet is pissed off at Navarro as he called out Larry Kudlow after the Fox host admitted that he was wrong about Biden's economic policies, the slowdown, and the recession.

One of the exasperated social media users explained, "The argument that there is additional stimulus being applied is not just asinine but factually incorrect The Fed has been drawing down the amount of money that was infused into the stock market during the height of the pandemic, known as quantitative easing This growth is real."



 

Someone else pointed out, "Peter, Correct me if I'm wrong, but didn't Trump throw you and the Green Bay Sweep under the bus? Your hero didn't grant you a pardon or help defend you in court or help pay your fines."



 

Another netizen said, "Economics has a liberal bias!!"



 

"By “over-stimulus”does he mean by cutting the Trump deficit in half?" quizzed another social media user.



 

"They turn on each other so quickly!" observed a social media user.



 

"It truly is amazing. Even an occasional dose of reality, makes MAGA melt down,' said someone else.



 

Referring to his four-month prison sentencing in January by a federal judge for his refusal to cooperate with the investigation into the January 6 Capitol Riot, one of the netizens said, "Isn’t he due in some prison somewhere?"



 

This article contains remarks made on the Internet by individual people and organizations. MEAWW cannot confirm them independently and does not support claims or opinions being made online.

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