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The White House revolving door is damn near coming off the hinges with people either leaving because the president doesn’t listen to them, or people coming in that don’t seem to be getting through to him because he thinks he’s omniscient on all matters of government.
bringing up your opinion of the White House door is irrevelent. It doesn't address the issue at hand. See how that works?
As I recall, there was some discussion of Kudlow taking on this role during the initial transition period after the election. He is has traditionally been a "Free trader," but then that applies to me also.
Again, I always thought what Trump describes as "Fair trade" is what was intended by the term "Free trade". I am sure that it was when the GATT agreement and NAFTA were originally signed. But somewhere along the way, the meaning seems to have morphed into some sort of capitulating abassement to the interests of "globalism," at the expense of the interests of the American people and our country's interests.
I would like to hear or read something by Kudlow explaining his current perspective on all of this before I jump on the support bandwagon. But it is my expectation that if he provides a compelling explanation of his views, he would be a good selection for this job.
this has to be a joke. please tell me this is a joke. Kudlow is a clown even by the low standards of the financial entertainment industry.
this is like appointing Bill O'Reilly as Federal Reserve Chairman
at least with sociopaths from investment banking, you're getting someone who knows what they're talking about, even if they're evil. Kudlow just spews nonsense, the man has no clue about anything, his job is to say things that sound sort-of-accurate to his viewers, mostly wannabe day traders.
I like Kudlow. He's got some baggage which the Dems will exploit...you'll hear about it here ad nauseum once Slate and HuffPo jump on the bandwagon. Of bigger concern is Kudlow is a strong dollar guy and Trump is not. Kudlow also doesn't like tariffs and we know Trump's purported position on that. But Kudlow and Trump are NYC guys who know and respect each other and Kudlow is very good at not letting his ego interfere with advising the boss...which Cohn was unable to do.
Kudlow has no problem talking about his baggage- a $100,000/ yr cocaine habit, back in the day.
He's been on the wagon for decades. Water under the bridge.
Trump 'Looking at Larry Kudlow Very Strongly' to be Top Economic Aide
Getting closer to a decision -
"President Trump told reporters at the White House today that "looking at Larry Kudlow very strongly" to replace Gary Cohn as his chief economic advisor.
Trump-supporting economists Lawrence Kudlow, Art Laffer and Stephen Moore said after Trump's announcement slapping a 25 percent tariff on steel and 10 percent on aluminum that the president "genuinely believes that his steel and aluminum tariffs will save thousands of blue-collar jobs, but even if tariffs save every one of the 140,000 or so steel jobs in America, it puts at risk five million manufacturing and related jobs in industries that use steel."
"I guarantee you, all of Europe is going to wind up being exempt. And I bet you our allies in Asia will wind up being exempt. China may be the only one," Kudlow continued. Kudlow said markets reacted positively to "the exclusion argument" because it lifted "the threat of protectionism and the threat of downstream economic losses from steel users and consumers."
"It’s a Trumpian way of negotiating. You knock them in the teeth and get their attention, and then you kind of work out a deal," he said. "That’s what he’s done. My hat's off to him. He had me really worried, now I’m not.”
While disliking blanket tariffs, Kudlow also said he still considered China "a key problem" for the U.S. and that he would like to see Trump "to go after China in economic terms."
"I would not be opposed to targeted tariffs on China," Kudlow said, specifically in reference in technology, "all with an eye toward stopping this idea of stealing our intellectual property."
Kudlow would be fine for the job, but not sure why he would take it.
As far as his past drug use. Our last president was an admitted former crack head so the bar is now very low regarding previous drug use.
My choice for economics advisor is Lawrence Lindsey, an economist who believes in the old fashioned idea of fiscal discipline. When Bush 43 was pushing for Iraq war II and listening to the likes of neocon Paul Wolfowitz, who said that the war would cost $40 billion and "pay for itself," Lindsey told Bush that the war would cost $200 billion. Bush 43 promptly fired him. His time with Bush 43 left such a bad taste in his mouth that he recently turned down an offer to be vice chairman of the Federal Reserve.
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