Former Home Depot, Chrysler CEO Warns on the Economy, ‘Ready to Crack’

Former Chrysler and Home Depot CEO Bob Nardelli recently warned that America’s economy is on the verge of cracking due to President Biden’s policies.

In an interview with Fox Business host Maria Bartiromo , Nardelli said, “Whoever gets the next stint in the White House is going to be hit with a wrecking ball in trying to correct the missteps and the overspending of this current administration, so we’re in for a rough time.”

Critics argue that the Biden administration’s green agenda and “war on fossil fuels” are hurting U.S. oil production and leading to higher energy costs.

This puts more pressure on American families already struggling with high prices for essentials like food and rent.

Nardelli shared a personal example of how inflation is hurting families: “I did just a quick inquiry over the weekend on apartment rents in downtown Atlanta. For example, a two-bedroom apartment now goes for like $3,500 a month, and that’s up a couple of thousand dollars from the post-pandemic period.”

A Wall Street Journal analysis found that while household incomes rose by 19% under Biden, similar to the 23% increase under Trump, inflation adjustments put the real increase at just 0.7% under Biden, compared to 16% during Trump’s first three years.

As the nation struggles with the consequences of Bidenomics, it’s clear that a change in direction is needed to prevent more long-lasting damage.

Nardelli’s warning is a wake-up call for policymakers and the public.

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If Joe Biden is somehow re-elected all hell is going to break loose and there will be no one in power with the will or ability to fix the problems coming at us fast.

Vote accordingly.