Economic expert Andy Puzder gives insight on the state of the U.S. economy, suggesting that inflation is worse than the Biden administration portrays.
and demand is too high. So you can do things to bring demand down. I think a work requirement for any kind of welfare benefits would be a good idea. We eliminated those during the pandemic, so now people can continue to get welfare benefits without actually having to go out and try and find a job. We should change that. Able-bodied people should be working, and then we could do something to increase the supply. We could encourage businesses.
We could reduce taxes to encourage them to produce more. We could focus on domestic energy production, which affects the cost of everything. And if we could get more oil into the system, the price of oil and energy comes down, and we're able to lower costs. So there are things that can be done.
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