Ex-White House economic advisor claims Biden admin ‘oversold how fiscally responsible they are’

After one former U.S. Treasury Secretary sounded alarms over Americans seeing soaring unemployment rates this month, an economist is joining the calls that the economy is "not looking good" under the Biden administration.

"Inflating away the debt is just a tax right on the population," former White House Council of Economics Advisors Acting Chair Tomas Philipson told FOX Business’ Dagen McDowell Thursday. "In general, I think the administration have [sic] oversold how fiscally responsible they are."

In an interview on "Mornings with Maria," Philipson analyzed the current state of the economy and...