US economy ‘ready to crack’: Former Home Depot CEO blasts ‘series of debacles and missteps’ by the Biden admin
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Former Home Depot CEO Bob Nardelli warns that the US economy is on the verge of cracking due to a series of debacles and missteps by the Biden administration. Nardelli criticizes the administration's energy policy, particularly its push for electric vehicles (EVs), and expresses concern about the strain the EV transition could place on the nation's power grid. He also highlights the impact of inflation on Americans, pointing out rising housing costs and the absorption of wage increases by inflation. Nardelli believes the next president will face significant challenges in correcting the missteps and overspending of the current administration.
#UsEconomy #BidenAdministration #HomeDepot #ElectricVehicles #Inflation
https://finance.yahoo.com/news/us-economy-ready-crack-former-101200638.html
Yahoo Finance /
npub1j0…s3yhd
2024-06-06 11:10:07
Author Public Key
npub1j0e6zhr82q4par2f4ecr67zvj0ltv8qgqr8v3llw2ed6qvdrm4fs9s3yhdPublished at
2024-06-06 11:10:07Event JSON
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"content": "US economy ‘ready to crack’: Former Home Depot CEO blasts ‘series of debacles and missteps’ by the Biden admin\n==========\n\nFormer Home Depot CEO Bob Nardelli warns that the US economy is on the verge of cracking due to a series of debacles and missteps by the Biden administration. Nardelli criticizes the administration's energy policy, particularly its push for electric vehicles (EVs), and expresses concern about the strain the EV transition could place on the nation's power grid. He also highlights the impact of inflation on Americans, pointing out rising housing costs and the absorption of wage increases by inflation. Nardelli believes the next president will face significant challenges in correcting the missteps and overspending of the current administration.\n\n#UsEconomy #BidenAdministration #HomeDepot #ElectricVehicles #Inflation\n\nhttps://finance.yahoo.com/news/us-economy-ready-crack-former-101200638.html",
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