Sen. Coons: Trump Is Going to Turn Great Biden Economy He Inherited into a Recession

EXCERPT:

COONS: “When President Trump came in, President Biden had left him an economy with steady growth, with all time high stock markets and with inflation coming down. President Trump over and over on his campaign trail in his inaugural speech and in his address to Congress last Tuesday said, I'm going to make America affordable again. He said on day one he was going to bring prices down. Prices haven't come down. In fact, by slapping tariffs on Canada and Mexico, he's raised prices on things from the lumber that we use to build housing to the fruits and vegetables that Americans buy at the grocery store. And slapping tariffs on all of Europe just yesterday will increase prices even more. He said recently that this is just a small disturbance. And maybe for billionaire friends of his like Elon Musk, a little bit of a rise in prices is a small disturbance. But bluntly, the markets don't like it. Consumers don't like it. And we're already seeing predictions that there will be shrinking growth and a recession this year.”