Fox Business Hosts Blame Potential Recession on Biden Despite Trump-Era Economic Issues
Maria Bartiromo and Charles Payne speculate about a looming recession, attributing it to Joe Biden while discussing economic challenges under Trump.
- Fox Business hosts Maria Bartiromo and Charles Payne discussed signs of an economic downturn, including slower wage growth and increasing work hours.
- Payne pointed to a 'labor crisis' marked by workers leaving jobs without replacements being hired, as supported by recent ADP data.
- Bartiromo suggested that a potential recession, driven by current economic conditions, would be labeled as 'Joe Biden's recession.'
- The discussion followed a weaker-than-expected jobs report showing 151,000 jobs added and a slight rise in unemployment to 4.1%.
- Critics note that recent economic instability, including stock market declines, has been linked to Trump-era policies like tariffs and trade wars.