Adviser: Trump mulls Kudlow for top WH economist

[DonViejo]

Source: Detroit News

Chad Livengood , Detroit News Lansing Bureau 5:06 p.m. EST December 15, 2016

Lansing — President-elect Donald Trump is considering appointing CNBC business commentator Larry Kudlow to chair the White House Council of Economic Advisers, a Trump adviser said Thursday.

Conservative economist Stephen Moore, who worked with Kudlow to write Trump’s tax plans, said during a lunchtime speech Thursday to the Lansing Regional Chamber of Commerce’s economic club that Kudlow would be appointed to the influential post “within the next 48 hours.”

“And who better than Larry? He’s one of the great economists in this country,” said Moore, who has been advising Trump on tax policy in the transition.

Less than an hour after The Detroit News first reported Moore’s comments, the chief economist at the Heritage Foundation think tank backtracked and said he “misspoke.” “It isn’t a done deal and I jumped the gun,” Moore said in an email to The News.

-snip-

Read more: http://www.detroitnews.com/story/news/politics/2016/12/15/trump-adviser-kudlow-top-white-house-economist/95482914/

[LisaM]

1. I feel as if there are two parallel, no, make it three parallel, worlds going on right now.

The first is the day-to-day life I'm living, the second is the explosive revelations about Russian hacking at every level of government, and the third is Trump proceeding along cramming more clowns into the car.

[Backwoodsrider]

2. thought Kudlows econmic theories didnt fly

That's why he was in cable news

[jpak]

3. I thought the Koo-Koo Nest was full

apparently not

[dawn frenzy adams]

4. Ha! Former cocaine monkey and alcoholic, Kudlow? Are you kidding

Isn't this the guy along with Jim Cramer that cheer-lead the policies that caused the crash of 2007? During the 8 years of Bush 2, didn't we get enough of what a former drug addict and alcoholic can do?

[The Wizard]

8. Former? Really?

I've never seen him when he seemed coherent. Babbling jackass and Republican water carrier.

[milestogo]

5. At first I thought that said Kudrow.

I'm like Lisa? Sure, why not.

[Turbineguy]

7. Overkill.

The U.S. is already fucked. Adding Kudlow at this point is marginal.

[immoderate]

9. What? Arthur Laffer is unavailable?

--imm

[Guy Whitey Corngood]

11. They could always pardon Madoff and go with him. nt

[ProfessorGAC]

10. Of Course That Idiot Moore Would Say. . .

. . . that Kudlow is great. Neither of them know anything about anything and have been wrong about every prediction they've ever made.

Mostly because they're not really economists, they don't build models with stats, and they just spout out opinion based upon their pre-established biases.

Neither of them are capable of even analyzing the data that clearly shows that their economic philosophies have been tried and they have failed.

[HughBeaumont]

13. Ah yes, Stephen Moore - author of such logical and precognitive tomes as:

Crash Landing: How Bush, Bernanke, Pelosi and Obama Have Wrecked the U. S. Economy (And How To Salvage America's Future)

Bullish On Bush: How George Bush's Ownership Society Will Make America Stronger

The End of Prosperity with Arthur B. Laffer and Peter Tanous (written in 2008)

Privatization: A Strategy for Taming the Deficit

[ProfessorGAC]

14. Thanks Hugh

i didn't reference any of his published silliness. Nice touch, sir!

[vinny9698]

12. Kansas has been using their model for the past few years and look how well it is working there.

Kansas is a prime example of their policies. Tax cuts on the rich and results have been dismal. Now they have to borrow $60 million and will be borrowing for the next years to come.
Trump's budget: Huge tax cuts + huge defense spending = balanced budget

[geek tragedy]

15. such an anti-establishment, anti-wall street, populist administration nt

[HughBeaumont]

16. A supply-sider with a great knack for prediction:

A fortune teller if there ever was one . . .

Kudlow firmly denied that the United States would enter a recession in 2007, or that it was in the midst of a recession in early to mid-2008. In December 2007, he wrote: "The recession debate is over. It's not gonna happen. Time to move on. At a bare minimum, we are looking at Goldilocks 2.0. (And that's a minimum). The Bush boom is alive and well. It's finishing up its sixth splendid year with many more years to come".[19] In May 2008 he wrote: "President George W. Bush may turn out to be the top economic forecaster in the country" in his "'R' is for 'Right'".

Strangely enough . . . "'R' is for 'Right'" is missing.