Matt Rourke/AP
- Trump's former White House economic advisor said that his predictions of a recession under Biden had been wrong.
- Larry Kudlow said the "entire forecasting fraternity" had been incorrect.
- "If I were he, I would be bragging about it too," Kudlow said about new GDP data.
Former President Donald Trump's White House economic advisor said the US economy was faring far better under President Joe Biden than he expected.
Larry Kudlow said on Thursday that he had been wrong to predict an economic recession under the Democratic president.
"Mea culpa — I was wrong about the slowdown and the recession. So was the entire forecasting fraternity," Kudlow said on Fox Business, where he is a host.