An accurate headline could also be: President Trump puts a beautiful potted plant into the unused meeting room of the National Economic Council, and Wall Street cheers.
According to media and White House confirmation President Trump has selected Larry Kudlow to chair the National Economic Council:
[…] “Larry Kudlow was offered, and accepted, the position of assistant to the President for Economic Policy and Director of the National Economic Council,” Sanders said. “We will work to have an orderly transition and will keep everyone posted on the timing of him officially assuming the role.” (link)
Kudlow is essentially adored by Wall Street (writ large), and as such all the nervous nellies will be back-slapping and high-fiving. As the stock market crowd cheers, what the insufferable dolts miss, thankfully miss and don’t appreciate, is the strategy of a master economic predator, Donald Trump. This Trumpian move is brilliant.
First, President Trump is immovable on his trade and economic agenda. Period; end of story. Ask Gary Cohn or any other member of the disassembled manufacturing council advisory board who quit last year because POTUS Trump just wouldn’t heed their duplicitous and high-minded advice. Do you remember candidate Trump mentioning the endless talking to nowhere that he has not time for? Yeah, that.
President Trump has a 30-year-developed plan and strategy for the U.S. to recapture economic power. Commerce Secretary Wilbur Ross, Treasury Secretary Steven Mnuchin, U.S. Trade Representative Robert Lighthizer, and key trade strategist Peter Navarro are carrying out that plan.
Cohn or Kudlow thinking they would somehow disrupt three decades of trade planning by POTUS Trump is too funny to give typeset space.
Secondly, Larry Kudlow has a well known history of drug addition and drug abuse. He will likely never pass the background security clearances. Even Maggie Haberman at the New York Times recognizes this issue.
So what gives? Why would Trump select him?
Again, don’t think about this appointment as an actual intent to ingest a trade policy perspective. That’s nonsense. Oh, he’ll listen; Trump’s a good listener. But what POTUS is doing is giving the Wall Street crowd the appearance of influence; key word “appearance”. It’s a stock market appointment, nothing more. Nothing will change the intent of Trump to deliver on his already-in-the-works economic plan.
POTUS would cut off his own hand before he would change direction on his economic strategy. Remember: “America First”. Titan-minded Trump is the most committed economic influence agent in the history of American politics.
The National Economic Council (NEC) is an entity demanded by the traditions of the Office of the President. They assemble, meet, discuss, hold conferences, invite guests etc. However, for POTUS Trump it’s an exercise in formality run by professionals who benefit from the indulgences of membership.
The NEC has no more influence on Trump’s economic plan than any chosen Country Club has influence over his skills on the golf course.
But it looks good.
And that’s it.
Enjoy the stemware and cocktail party invites Larry.