Wednesday, March 14, 2018

BRUTAL: Extremely Vicious Attack on Larry Kudlow

Various news outlets are reporting that President Trump has chosen Larry Kudlow to replace Gary Cohn as head of the National Economic Council.

This is the response of UC Berkely Professor Brad DeLong:
Larry Kudlow has not been an economist in at least a generation. Rather, he plays an economist on TV. Whatever ability he once had to make or analyze or present coherent and data-based economic arguments is long gone—with a number of his old friends blaming long-term consequences of severe and prolonged drug addiction.
The right way to view this appointment is, I think, as if Donald Trump were to name William Shatner to command the Navy's 7th Fleet.
For the record, Kudlow is a very decent guy and he dealt with his demons decades ago.

-Robert Wenzel 


  1. Confused about the Kudlow nomination. On paper he’s a pseudo-free trader and better than Cohn and much better than guys like Ross and Navarro.

    Does it mean that Trump, his headliner tariffs implemented, will now retreat to a more dovish trade policy? Or is this just to buy him some cover with Wall Street?

    DeLong should shut up though. At least it wasn’t some insane protectionist like Vox Day or Warren Platts.

  2. Is it possible to get the William Shatner fan club to take on the massively great idea of promoting him for the commander of the US Navy's 7th fleet?

  3. He's a neocon:
    "Taking Back The Market — by Force
    June 26, 2002
    Finishing the war strong may be the only way.

    Could it be that a lack of decisive follow-through in the global war on terrorism is the single biggest problem facing the stock market and the nation today? I believe it is."

    "To be sure, the greatest mistake Papa Bush ever made was leaving Saddam Hussein in place. Weakened or not, he is still there — and Americans have never liked loose ends. With weapons of mass destruction at his disposal, and through his financing of terrorism worldwide, Saddam is a dangerous loose end.

    Decisive shock therapy to revive the American spirit would surely come with a U.S. invasion of Iraq. Why not begin with a large-scale special-forces commando raid on the Iraqi oil fields? This will send a shot across Saddam’s bow; an electrifying signal to all terrorist nations. The message will be that the game is up. Surrender now or you will be crushed in a short while.

    Meanwhile, Saddam’s cash flow can be cut off. Oil is his only crop, his single manufacture. Without money there will be nothing left to steal, and nothing to use to pay off his cronies."

    "The shock therapy of decisive war will elevate the stock market by a couple-thousand points. We will know that our businesses will stay open, that our families will be safe, and that our future will be unlimited. The world will be righted in this life-and-death struggle to preserve our values and our civilization. But to do all this, we must act."

  4. Bit of a low blow bringing up totally unrelated substance abuse problems. Most people with serious drug problems have some sort of severe trauma in their past with which they are trying to cope. Sometimes it's truly horrific stuff.

    I've heard Kudlow say reasonable things and I've heard him say silly things, but they were coherent thoughts, not the babblings of a man whose mind is lost to drugs.