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'Bidenomics' is causing economic chaos: Glenn Youngkin

Virginia Gov. Glenn Youngkin weighs in on President Biden's economic agenda and the upcoming state elections on 'Hannity.'NEWYou can now listen to Fox News articles!

President Biden’s track record on the economy is abysmal. Spending trillions of taxpayer dollars on liberal nonsense plunged our economy into chaos, fueled 40-year-high inflation, and decimated American household wealth. 

Biden’s failed economic policies – which he has coined "Bidenomics" – have created uncertainty and headaches for our small businesses, forced families to dip into their savings to keep up with rising prices, and raised operating costs for our farmers. In short, Bidenomics fueled the worst affordability crisis for American families in decades. 

As a strong, fiscal conservative, I remain committed to ending reckless government spending, lowering taxes for our families, and restoring fiscal responsibility so that our families, farmers and Main Street businesses can afford to thrive.

President Biden speaks about Bidenomics at Auburn Manufacturing Inc. in Maine, on July 28, 2023. (Brendan Smialowski/AFP via Getty Images)