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President Donald Trump discusses the impact of his tariffs on the United States at a midterm campaign rally in Fort Myers, Fla. #fox #foxnews #media #breakingnews #us #usa #new #news #breaking #trump #donaldtrump #presidenttrump #tariffs #trade #economy #economics #business #markets #taxes #inflation #jobs #manufacturing #florida #fortmyers #rally #midterms #elections #campaign #politics #political #politicalnews #government #republicans …
Yesterday – on Sunday, because the Internet never rests? I received in my inbox an op-ed from Larry Kudlow.
For those of you who don’t know…:
“Lawrence Alan Kudlow is an American conservative broadcast news analyst, economist, columnist, journalist, political commentator, and radio personality. He is a financial news commentator for Fox Business and served as the director of the National Economic Council during the Trump administration from 2018 to 2021.”
I’ve met Larry. He is a very nice guy.
That said: Kudlow is a standard-issue Washington, DC center-right economy guy. He is exactly the type of Republican economist – that is killing the Republican Party.
Kudlow’s economic messaging – is the Republicans’ economic messaging. And it is more tone deaf than a year’s worth of nationwide karaoke contests.
The U.S. economy surprisingly shed jobs in July, and it’s leading investors to think that an interest rate hike by the Federal Reserve in September is increasingly unlikely.
The evolution from capitalism to cronyism bears some distinct markers. Perhaps chief amongst them is the ever-increasing domination of…everything by the biggest of Big Businesses.
Our award winning economists are either more dedicated to the propaganda than the truth, or they don’t understand the difference between wealth creation and wealth redistribution.
The influx of immigrants can strain existing infrastructure and public services, posing challenges in education, healthcare, and social welfare systems.