Navarro: The 2020 elections has had dire economic consequences
UPDATED 8:55 PM PT – Thursday, March 18, 2021
Former White House Adviser Peter Navarro said the U.S. faces serious political and diplomatic risks following the 2020 elections.
“The difference between the Trump package and the Biden package is that about a trillion of that was dedicated to bringing back our manufacturing onshore,” Former Office of Trade and Manufacturing Policy Director Navarro said. “That’s not what we’re doing here.”
Navarro recently noted Biden’s stimulus package was effectively a bail-out of deep blue states, rewarding them for their failed fiscal policies while funding illegal immigration into the United States. He added, Biden has abused the federal budget for partisan purposes.
“All of that goes wrong,” Navarro said. “You can spend $2 trillion and address structural issues, build your economy, build your manufacturing base and get through that, but that’s not what Biden and Obama is doing. This election was about so many things.”
Navarro also stated Biden’s economic policies will ultimately benefit China at the expense of American jobs, manufacturing and the national debt.