Bill O'Reilly to Biden: 'Anybody in the White House understand anything about macro economics?'
According to O'Reilly, the promotion of the Green New Deal was also a disaster on President Joe Biden's part.
Journalist and host of "No Spin News," Bill O'Reilly says that the Biden administration doesn't seem to understand economics, based on the out of control spending and inflation.
"The Biden administration has started printing money like crazy and sending it to people just so people would survive," O'Reilly said on the "Just the News, No Noise" TV show. "That just lit the fuse of this inflation. There are too many dollars now flying out of Washington with nowhere to go other than to people who spend them immediately. That drives prices up."
According to O'Reilly, the promotion of the Green New Deal was also a disaster on President Joe Biden's part.
"Biden inexplicably says, 'Well, I'm going to do a Green New Deal,'" O'Reilly said. "So we're going to wipe out all our fossil fuel industry and not harvest as much American energy as we could. So those prices go up in conjunction with the printing of trillions of dollars. Is there anybody in the White House that understands anything about macro economics? Apparently there isn't anyone there."
O'Reilly also said that from the way Biden is handling this inflation, he clearly doesn't have an economics background.
"As far as Biden is concerned, this is a man who's never had any economics background," stated O'Reilly. "I mean, I went through his legislative record. I could never see anything that he did to advance anything economics other than voting for more government spending, which really is why we are where we are today."