{{snicker}} President Trump Hires Larry Kudlow To Head White House National Economic Council…

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.

Moving on…

This entry was posted in China, Donald Trump, Economy, Election 2018, Election 2020, Environmentalism, European Union, media bias, President Trump, Professional Idiots, propaganda, Trade Deal, Uncategorized, US dept of agriculture, US Treasury, USA. Bookmark the permalink.

154 Responses to {{snicker}} President Trump Hires Larry Kudlow To Head White House National Economic Council…

  1. G. Combs says:

    It is quite possible that once Kudlow is in the thick of things, he will grow and change his possitions.

    Remember, as a public figure he was expected to parrot the wall street party line.

    Liked by 2 people

  2. Kaco says:

    Okay, so Kudlow is replacing one of Gary Cohn’s former roles in this administration as Director of the National Economic Council but is NOT replacing Cohn as Chief Economic Advisor?


  3. Can someone help me out? The media is really starting the drumbeats to tank the economy with “news” about discouraging forecasts. There’s been the less-than-expected growth for the fourth and first quarters and now Drudge is trumpeting that “tax-cuts fizzle” and “optimism fading away.” At the same time, we have record job growth and small-business confidence. They throw out things like “soft retail” numbers like they’re reading tea-leaves or bones.

    I guess I’m just so used to the media and powers-that-be lying to us, but I’m wondering where else the disconnect is. I’m wondering if some of isn’t a lie at all and, instead, bad analysis. Is part of this what Sundance talks about when he says that they’re not calibrated to measure this kind of main street growth? Thanks in advance.


    • Maquis says:

      Dunno. Don’t trust Drudge though. The whole dang top page looks like a hit job today.

      Liked by 2 people

    • G. Combs says:

      The Press did the exact same thing to Bush II (the Shrub) As soon as he was in office they started yelling RECESSION! And what do you know a recession started about 6 months later.

      Of course part of that was Clinton’s Admin playing with the Government stats. (Not to mention NAFTA and WTO)

      “[….]· As former Labor Secretary Bob Reich explained in his memoirs, the Clinton administration had found in its public polling that if the government inflated economic reporting, enough people would believe it to swing a close election. Accordingly, whatever integrity had survived in the economic reporting system disappeared during the Clinton years. Unemployment was redefined to eliminate five million discouraged workers and to lower the unemployment rate; methodologies were changed to reduce poverty reporting, to reduce reported CPI inflation, to inflate reported GDP growth, among others.[…]” http://www.shadowstats.com/article/primers_intro

      This article talks of unemployment and employment measured in two ways. A scientifically designed household survey deemed the most accurate and a survey of payroll taxes paid by corporations.
      “[…]Up until the Clinton administration, a discouraged worker was one who was willing, able and ready to work but had given up looking because there were no jobs to be had. The Clinton administration dismissed to the non-reporting netherworld about five million discouraged workers who had been so categorized for more than a year. As of July 2004, the less-than-a-year discouraged workers total 504,000. Adding in the netherworld takes the unemployment rate up to about 12.5%.

      The Clinton administration also reduced monthly household sampling from 60,000 to about 50,000, eliminating significant surveying in the inner cities. Despite claims of corrective statistical adjustments, reported unemployment among people of color declined sharply, and the piggybacked poverty survey showed a remarkable reversal in decades of worsening poverty trends.

      Somehow, the Clinton administration successfully set into motion reestablishing the full 60,000 survey for the benefit of the current Bush administration’s monthly household survey.

      While the preceding concentrates on the numbers that tend to move the markets, the household survey also measures employment. The payroll survey also surveys average hourly and weekly earnings and average workweek.”

      Liked by 1 person

    • I have to admit that I was shocked to hear that as well. Because, when I had to go shopping this weekend, , I was shocked at the traffic, and that all, and I mean all the parking lots were full and I mentioned that to my husband, and he stated yes, because of the tax break. Then when the UPS guy came he was complaining (ever so nicely) about how heavy his load has become since the economy was “roaring back” that his deliveries now daily were close to that of the holidays. So, if people are purchasing and purchasing a lot, how is our economy not doing well?

      Liked by 1 person

    • JesterOftheCourt says:

      The short term news is misleading and ignores the long term patterns. Trump seems to be putting in long term structural reform which should yield increasingly greater positive results over the longer term. At the moment we enjoyed the crest of the wave due to the tax cut stimulus and there will be a bit of a trough if inflation rises a little but then perhaps another crest of the next wave. But long term should be on the up and up.
      Sound economic understanding beats much of the dramatic and short sighted spin of the media.


  4. grlangworth says:

    Drudge’s lead is linking to the Los Angeles Times — this is NOT his twitter feed. The LAT has a right to jump to conclusions. It doesn’t say much for their acumen on the economy though.


    • solomonpalS says:

      He links too much to fake news. The LA times for peters sake! He did an interview with Alex Jones and said a Supreme Court f
      Judge told him he was going to be shut down. Well now here are the results. I have deleted his ap so only go rarely to confirm his fall


  5. ADDgolfer says:

    Always interesting to consider other analysis of why something is/was done. (as long as it is not crazy leftist dribble) One reason of many, CTH is a daily go to site for me.
    Confirmation bias? We’ll see.
    Of course I want it to be true.

    The country as founded, never needed a fundamental transformation, and if democrats were honest with themselves, they’d see this.

    So yeah, I want President Trump not only be a student of four dimensional chess and Sun Tzu strategy, but aspire to be a red belted Grandmaster. One thing is clear to me…
    He’s not an idiot.


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