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US will transition to ‘permanent recession’ if ‘fossil-free’ economy takes place: Kudlow

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FOX Organization host Larry Kudlow argues Biden's inflation plan is 'even more of the very same' as the head of state presses eco-friendly power schedule to assist deal with rising prices.


LARRY KUDLOW: There's an activity in the direction of an eco-friendly economic climate, a nonrenewable fuel source fossil cost-free economic situation. That's what he's attempting to do. That's his word, change. We're mosting likely to shift to slow down development, he claims. Well, yeah, we're going to change to a permanent economic downturn, in my view, if we have something called a fossil complimentary economic situation. He desires his eco-friendly economic situation. He desires a lot more aids and tax credit scores for greenies. That's not going to suppress rising cost of living.

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US will transition to 'permanent recession' if 'fossil-free' economy takes place: Kudlow

FOX Business host Larry Kudlow argues Biden's inflation plan is 'more of the same' as the president pushes green energy agenda to help fight rising costs.

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LARRY KUDLOW: There's a movement towards a green economy, a fossil fuel fossil free economy. That's what he's trying to do. That's his word, transition. We're going to transition to slow growth, he says. Well, yeah, we're going to transition to a permanent recession, in my view, if we have something called a fossil free economy. He wants his green economy. He wants more subsidies and tax credits for greenies. That's not going to curb inflation.
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FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is one of the leading business networks on television, having topped CNBC in Business Day viewers for the second consecutive year in 2018. The network is available in nearly 80 million homes in all markets across the United States. Owned by FOX Corporation, FBN is a unit of FOX News Media and has bureaus in Chicago, Los Angeles, and Washington, D.C.

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