Bridenstine Warns of Economic Downturn
U.S. Rep. Jim Bridenstine warns of stock market, economic downturn
By Randy Krehbiel
JENKS – An overvalued stock market could bring down the economy at any time because of the Obama administration’s economic policies, U.S. Rep. Jim Bridenstine said Wednesday at a Jenks Chamber of Commerce luncheon.
“The stock market is strong because the dollar is weak,” he said. “The dollar is weak because the government is printing more money because the economy is weak.”
Henry Migliore, a retired business professor and economist, had asked whether Bridenstine agreed that the economy is in danger of collapse.