Larry Kudlow has been one of the smartest guys in Washington for some time. His knowledge of free market economics is vast and his ability to communicate it is impressive. He makes two points below. One, Biden’s class war crack is an old line. It didn’t work then and won’t work now. Two, there are still a couple of sane Democrats.
FNC: “Top GOP House leaders and 160 lawmakers called on President Biden Wednesday to fix the U.S. ‘supply chain crisis’ or face a doomed holiday season. Larry Kudlow, the Fox Business host and former economic adviser to President Trump, joined ‘The Ingraham Angle’ on Wednesday night to discuss the issue.”
Minority Leader, Kevin McCarthy
…Comparison of Biden Admin To Jimmy Carter’s Admin is an actual insult to Carter … He’s right pic.twitter.com/bIaEJwVrhD— Jilly⚡️XRP ?????? (@JillRTeamXRP) October 19, 2021
Kudlow: “Part of that is…there are no cars to buy. So consumer spending looks very weak. It’s really not, but there’s no cars to buy because of these container backups… because they all have semiconductors that these cars need. So you can’t produce them, and they’re not in the showrooms. The second point is the inflation bulge. Whether it’s temporary or permanent, it doesn’t matter…it is. It exists today and we’re only making it worse by creating this economic scarcity… this environment of scarcity. You know, those people in the Washington Post who are writing this stuff, ‘Hey, listen, only wealthy people…have patience, you don’t really need all these consumer goods,’ that is vintage Jimmy Carter.”
He recently also had kind words for Democrat Senators Joe Manchin and Krysten Sinema. “A month or two ago I would have said they can jam it through, but it’s not happening. And Manchin and Sinema are doing a good job. I kind of like those two. Manchin doesn’t want to spend and Sinema doesn’t want a tax, so they make a lovely couple, really, and they’re holding the fort nicely. Now, I don’t want to spend any more money, OK? I don’t care whether it’s a trillion five or a trillion, I don’t want to spend any more money. But I give them credit and I give Manchin credit very importantly for two things. Number one, this clean electricity emergency stuff performance. He’s taking that out because he’s from West Virginia. That would have been carbon-free electric grids by 2035, which wreck this country if we ever did anything near like that. And number two, he insists on existing and future entitlements, that they be means-tested and they have workfare. These are important principles. And as Rand Paul just said, this is much more important than the top-line numbers, which will be phonied up and gimmicked because they’ll try to spend in three to five years what they’d love to spend in 10 and will make it permanent. What matters is the policy content on social welfare, on entitlements, on Green New Deal.”
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Kudlow you are so WRONG and out of line
Carter was an Annapolis Grad and served his Country Honorably
He was wrong on most of his policy’s but he believed he was doing the right thing
Biden is just a OUT AND OUT MONEY GRUBBING CROOK
Kudlow you are so wrong
President Carter was an Annapolis Grad who served his Country Honorably
He had bad policy’s but he believed he was doing the right thing to help the American People and his Country
It appears President Biden only does things that will enrich his family and Party
You also have a policy of being against truth telling
I was serving in the USMC during the Carter years. I was training Marine’s in advanced combat combat tactics, We went from being flush with ordinance supply and ammo to yelling bang, bang in training ops under Carter. He single handle destroyed the moral and training. Under Trump, the moral was hi and was loved by Marines on the ground and in the air. Now I am told that the moral is at it’s lowest and that many offices and NCO’s are leaving the Corps by the handful, even with the threat of office hours to court marshals. This is your biden and his admin.at their finest.biden flat out lied when he said 90 percent have been vacinated and there was no mass exit of the airmed forces getting out of service. The USMC is just one service ,add in the the other services than this is but one more crisis added to all the others. At the time when are armed forces are needed whole,we are in trouble as a nation. I have little doubt the China, Russia and the rest of the terrorist nation’s are quite aware of bidens failings. FJB
I have never disagreed with Kudlow until now. BUT: Carter had principles, as naive and misguided as they were. Biden is more like Bill Clinton without a brain. Obama’s sock puppet, we call him.