# Christmas Holiday Cheer, 'Bring Back Better' is Dead!

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Last modified: 2021-12-05

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By Paul Ebeling · 2021-12-05
Tags: Christmas, Trump, economy, inflation, profits, Biden, Paul Ebeling, cheer, Kudlow, President Trump, Living, Featured
Signed: no (published before platform launch).
Nothing in this article is investment advice.

#Christmas #cheer #economy

Despite some warning signs, the *"economy is strong" *and, even more important, so is the opposition to Mr. Biden's economy-killing Build Back Better spending plan, according to former Trump administration Director of the National Economic Council Larry Kudlow.

*"I think the bill is dead; right now I can tell you with certainty: It will not pass between now and year's end, and I regard that as a very good thing because, frankly, if the bill did go through it, would do great damage to our economy.*"

"*It will not get done this year," *Mr. Kudlow said emphasizing Not. *"It's going to push it into next year.*

*"The movement into next year means the chances of the bill going through are dropping. Falling. Falling. Falling. Save America, kill the bill.*"

Mr. Kudlow added inflation remains a problem, particularly since it is no longer VirusCasedemic-related.

*"Inflation is the horse that's left the barn," *he continued. 

*"Powell has to take care of all of that. If he does not, then all hell is going to break loose next year."*

But, for now, there are promising economic conditions for growth, as *"profits are booming,"* Mr. Kudlow concluded.

"*To be honest with you, the economy's pretty strong," *he said.

*"The economy's quite strong. You're going to have a big 4th quarter, probably up 9% or 10% and unfortunately, the inflation rate is also going to be up about 7% or 8%. It's going to be wild. It's like an inflationary boomlet that we're having.*"

Have a prosperous week, Keep the Faith!

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