Kudlow Warns Democrats’ ‘Wokeness’ Will Destroy the Economy: ‘We’re in for It’

‘I want to tell you, any so-called transition to a green economy that ends fossil fuels would be an economic catastrophe’

EXCERPT:

KUDLOW: “Yeah, quiet part out loud. Defending essentially high gasoline prices. As you know, oil is at $120 a barrel today. I just want to tell you, any so-called transition to a green economy that ends fossil fuels would be an economic catastrophe. It would be a permanent recession. We couldn’t possibly do that or afford that. The job losses would be in the tens of millions. I am not exaggerating, a lot of first-rate economists have made the same point of view. So I’m leery of this transition. And in Biden’s piece today in The Wall Street Journal, he starts talking about more investment credits and more tax credits for green. It’s the Green New Deal, you know, it’s a sheep in sheep’s clothing, it’s the Green New Deal masquerading as the Green New Deal. That dream, that craziness, that wokeness is going to destroy our economy. If that’s what they mean by transition, and I think it is, then we’re in for it.”

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