Senator Kennedy blasts DC’s overspending in wake of GDP report: Bottom line is economy sucks

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Louisiana Sen. John Kennedy reacted to the 2nd quarter GDP report signaling a recession Thursday on “America’s Newsroom” and criticized Congress and the Biden administration for overspending.

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SEN. JOHN KENNEDY: President Biden refuses to acknowledge it. He says yes, but unemployment is low. Unemployment is low. Well, there’s a reason for that. People don’t work. You don’t look at the unemployment number. You look at the labor force participation rate. And we’ve had a lot of people who retired, and we’ve had a lot of people who refused to go back to work, and they’re now rotting in the wagon and everybody has to pull the wagon. And at the end of the day, the economy sucks, and it’s not going to get better. This new tax deal and the Green New Deal announced by Senator Schumer and President Biden and Senator Manchin, you know, Joe is a smart guy. He knows it’s nothing but a big bullshit money. And it’s just gonna get worse until Congress stops spending. And let me give credit where credit is due. Inflation started with President Biden’s $1.92 trillion US bailout, but continued with all Democrats in the Senate and the help of, I don’t know, 15% of Republicans who continue to vote to spend money we don’t have.

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