Newt Gingrich rips Biden’s policies: ‘Spiral of inflation keeps going up’

Newt Gingrich: ‘Spiral of inflation keeps going up’

Former House Speaker Newt Gingrich argues that the U.S. needs to get back to ‘practical economics.’

Former House Speaker Newt Gingrich joined "Mornings with Maria" Wednesday and suggested that the "spiral of inflation keeps going up" due to Biden’s poor policies, arguing the U.S. needs to return to "practical economics" before the President "gives away the American people's future."

FEDERAL RESERVE EXPECTED TO RAMP UP INFLATION FIGHT WITH SUPER-SIZED RATE HIKE

NEWT GINGRICH: [There’s] no empathy out of Biden because you're a non-person. Unless you're a hard-line left-winger, you don't exist in his world, and he doesn't care what you're doing…he doesn't mind lying to you about it… Biden is prepared to give away the American people's future on a capricious basis.

Newt Gingrich told FOX Business that the U.S. needs to get back to ‘practical economics.’

…We ought to get back to practical economics, but also you have to expect, whether you're a hospital or a university, if the money's there, you're going to take it…when you take it, you're going to add administrators, you're going to add costs, and the spiral of inflation just keeps going up. 

WATCH THE FULL INTERVIEW BELOW:

US needs to get back to ‘practical economics’: Newt Gingrich

Former House Speaker Newt Gingrich provides insight into how Biden’s economic policies are impacting Americans. 

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