Speaking with Fox News host Neil Cavuto on Wednesday, Langone decried the president's economic failures, specifically citing his refusal to acknowledge rising inflation as a lasting problem early in his presidency. Biden famously called inflation "transitory" last year.
"This was not transitory, this was a real, serious case of inflation," Langone charged. "We lost a whole year on addressing the issue. Only because, frankly, we have leadership today in America that isn't willing to admit when they're wrong. They made a terrible blunder here, and now the price has got to be paid."
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