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Eric Hovde discusses the negative impact of the Biden administration's economic policies, focusing on inflation, wealth inequality, the housing crisis, and the impact on real wages. He criticizes the administration's spending policies and their detrimental effects on the future economy.
- Real wages have declined for three years in a row.
- Inflation has significantly eroded purchasing power.
- The current GDP growth is primarily driven by deficit spending.
- Federal regulations contribute significantly to housing costs.
Shownotes Transcript