LARRY KUDLOW: Americans cannot afford the Biden economy

Are you better off than you were four years ago? That's the subject of tonight's riff. "Are you better off than you were four years ago" – the fellow who perhaps most famously asked this question to great effect was Ronald Reagan. Take a listen: RONALD REAGAN: "Next Tuesday, all of you will go to the polls, will stand there in the polling place, and make a decision.

During the Biden years, groceries are up 21%, gasoline up 45%, electricity up 27%, new and used cars up almost 20%, shelter and rent up over 20%. These are all killers. That's what people think about and, with Bidenflation, interest rates have soared. Mortgage rates up over 7%, car loans running up around 10%, credit cards up 25-30%. These high personal borrowing costs are also killers. Essentially, working folks cannot afford the Biden economy.

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