Sunday Talks: Larry Kudlow -vs- Chuck Todd…

National Economic Council Chairman Larry Kudlow appears on NBC with Chuck Todd to debate the issues surrounding current trade and economic policy.  While Todd is obviously annoying, Kudlow makes two important points:

  1.  The Q3 CapEx (capital expenditure) spending reflects a domestic energy sector investment pause related to the dropped cost of oil. A fluctuation related to extraction costs and projected finished product price. [Energy companies pause on low price.]
  2. The Sept. “Next Step” tariff delay relates to pre-contracted prices of holiday goods with the import price attached to lower dollar value at the time of contract. The delay allows the arrival of product without price impact. If products were determined with current valuations the current arrival price would have been lower (offsetting tariffs).

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This entry was posted in China, Donald Trump, Economy, media bias, President Trump, Trade Deal, Uncategorized, US dept of agriculture, US Treasury, USA, USMCA. Bookmark the permalink.

45 Responses to Sunday Talks: Larry Kudlow -vs- Chuck Todd…

  1. rmramerica says:

    Sounds like Kudlow had a martini or two before breakfast and the interview. Darn close to slurring all his words (was worse with Perrino on Fox Sunday). At least he was coherent and had the talking points down.

    Liked by 1 person

    • sundance says:

      Many of these interviews are pre-recorded. Not sure when took place.

      Liked by 1 person

    • LULU says:

      Twitter apparently all a-twitter over Kudlow. Raw Story started it. Dems having a field day. He is smarter when he slurs words than most of these oafs when they try to be clear as bells…

      Liked by 2 people

    • Ken Maritch says:

      Yep, I thought something was “off” too when I heard him on FNS.
      I though it was just me.

      Liked by 1 person

    • linda4298 says:

      Larry is a recovering alcoholic, he doesn’t drink. Maybe it’s medication.

      Liked by 1 person

      • GGHD says:

        linda4298, might be right! = Larry Kudlow had a mild heart attack recently. = His overall speech pattern might be the effects of the subsequent medication, taken by heart attack survivors.
        To me: = Larry Kudlow isn’t talking like someone with a brain befuddled with alcohol.

        Liked by 3 people

    • MaineCoon says:

      That’s always been Kudlow’s speaking cadence, imo. It’s his own style of speaking. I didn’t notice a difference than his normal cadence and mannerisms, imo.

      Liked by 3 people

    • helix35 says:

      Sorry folks, but I just can’t bring myself to listen to Schmuck Fraud.

      Like

    • lfdale says:

      Chucky’s the one who wanted to be a downer. Just like all of the other msm = “Liberal Democrat Media” they are talking up a recession and we can see right through their fake news. 80% of the American economy is driven by the consumer, more people are working today than ever before, and wages are going up for the first time in decades. Recession starts with 2 consecutive down quarters, and we are not even close to being down but growing inspite of the LDM trying to create a recession by saying we are in one, NOT GOING TO WORK KAG 2020

      Liked by 1 person

  2. ilcon says:

    Fake Jake echoing Wall Steet TPs.

    Fake “studies”.

    Liked by 1 person

    • GuessAgain says:

      Compare with Fox News interview last weekend. Makes CNN look Fair and Balanced.

      Like

      • GuessAgain says:

        They scrubbed the worst part of that interview.

        Like

      • LULU says:

        Leland Vitter is the mindless placeholder who lets the Big Boys and Girls at Fox stay home and enjoy their weekend. One of the dumbest ever “man on the street” reporters (I saw him breathlessly collar a young black woman to get her eyewitness report on a shooting that had just occurred. Leland hung on every word and egged her on. Turned out she had not seen the shooting. Had not even been nearby.)

        Now suited, coiffed and puffed up, Leland holds forth on weekends, usually with the black woman who mimicked Mooch’s hair styles for years and obviously hates PDJT.

        Fox became unwatchable for us … Exception: Harris Faulkner on Outnumbered Overtime. Even then we record and then later watch, deleting turkey guests.

        Liked by 1 person

  3. Dee Paul Deje says:

    “While Todd is obviously annoying…” Understatement of the year.

    Like

  4. I don’t recall ever seeing anyone else that kept schmuck todd’s mouth shut as well as Kudlow did during this “interview”. A good thing, of course. 😀

    And, so much for your quote screen “gotchas” schmuck! All your narrative are belong to us.

    Liked by 4 people

  5. DanJ1 says:

    Wow! Chuck came loaded with buckshot ready to discredit Kudlow with his own words. He dug up quotes going back to 2007 in an attempt to make Larry look bad only to fall flat. Yes, Kudlow didn’t see the recession coming in December 2007 (along with everyone else) but he was all in two months later. His comments against tariffs were relating to steel not broad based tariffs against a bad player like China. And there was no way Chuckie was going to be allowed to push the idea that Trump gave into China by delaying certain new tariffs until December. Somebody should count the number of times Kudlow said, “Don’t be afraid of optimism”. The Chucks of the media world aren’t afraid of optimism. They are afraid that optimism=4 more years of Trump.

    Liked by 4 people

  6. Perot Conservative says:

    Sweet! Any guesses on Q3? … 4%? … 4.5%?

    Any Sundance perspective on the manufacturing ‘recession’?

    Like

  7. Fred says:

    I like the eagle holding the dragon with its talons, but shouldn’t the eagle be eating the dragon’s brains?

    Like

  8. antiDave says:

    We need to start measuring growth against the population size.

    Like

    • Dutchman says:

      Start off, by measuring economy against population. ONLY 350 mil population, and yet largest economy by far!
      Bigger economy than countries with populations in BILLIONS.
      HOW is this POSSIBLE? Because unlike all other countries, we have a large, strong and vibrant middle class, largely due to manufacturing.
      Just as our enemies have tried to destroy the Constitution (our other inherent source of strength) they have TRIED to decimate our middle class, and manufacturing base.

      PDJT, and we Deplorables supporting him, are fighting to restore those to core strengths, cause THATS how we MAGA. With them, NO country can touch us. Without them, we are ruined.

      Its a many front war, but we ARE WINNING. Our enemies are losing and desperate, wasting ammunition firing blindly, cause they see their end is nigh.

      Liked by 1 person

    • jeans2nd says:

      Has already been done – do a search, you will find it. Our GDP output per worker is tops. China’s is below Romania’s. Which is why the Globalist mouthpieces like Todd never mention it.

      Now plug in the number of “discouraged” workers who have returned to the work force, the ones going from part-time to full-time, the ones being re-skilled…

      We cannot be beat!

      Liked by 1 person

    • Temporarypwd1 says:

      It’s called per-capita GDP and is often cited.

      Like

  9. Doppler says:

    Kudlow masterpiece, opened and closed with “don’t be afraid of optimism,” then must have kept going a dozen times when Todd tried to interrupt, turned Todd’s research-based criticism aside deftly, and all with the good humor that had even Todd smiling, along with the rest of us.

    Like

  10. Dutchman says:

    Fred,
    Not YET, but PATIENCE, its coming!
    The only question is when.

    Like

  11. Mike in a Truck says:

    Talking us into a recession wont work this time. But that wont stop the propaganda arm of the DNC from trying.These frauds that pass themselves off as journalists have shot their wad. Americans dont trust dont like them and dont respect them.

    Liked by 2 people

  12. visage13 says:

    I loved to see Toad handled so well and he couldn’t interrupt. These people make me sick how they want the economy to crash and America to fail. Ain’t going to happen Chuckie.

    Liked by 2 people

  13. railer says:

    These troglodytes and their barrage of gaslighting. I haven’t seen a concerted effort like this since… well since the last time the Swamp did this.

    I’m waiting for the R branch of the Uniparty to respond. They’re not, meaning they’re in on the gaslighting. We really need to get rid of them. McConnell must be defeated, even if it means voting for the D Uniparty candidate come November 2020.

    Like

  14. That was a good interview in the sense Chuckie didn’t talk much and Kudlow talked a lot. But it was no where near as confrontational as the recent interviews on FOX with Chris Wallace and that really really awful attack interview on Navarro with some unknown jerk on Fox. Fox may be cooking its own goose if POTUS team no longer goes there and starts getting better treatment elsewhere.

    Like

  15. TwoLaine says:

    Hey Chuckie, How’s about next we talk about all the times you’ve been wrong?

    Like

  16. OhNoYouDont says:

    Theme of Kudlow’s appearances on “Meet the Press” and “Fox News Sunday”

    “Let’s not be afraid of optimism.”

    @ 1:20 mark of interview with F Chuck Todd received a chuckle with a “fair enough” response.

    @ 4:00 mark of interview with F Chuck Todd received “Gotcha moment” attempt that was trending on twitter

    @ 12:40 mark of interview with F Chuck Todd, Kudlow ends the interview “Don’t be afraid of optimism, Chuck”, which recieved the response “Alright, Larry”.

    Like

  17. cantcforest says:

    The press wants to use “research and analysis” by think tanks and experts, and ignores the faulty premises and data which they seemingly can generate at will. Just slightly different from outright lies. /s

    Like

  18. Les Standard says:

    Why would any sane sober person ever watch that sick excuse for “news”?

    Like

  19. Don McAro says:

    Disappointed in Kudlow – As soon as chuck wood brought up some bad forecasts, He should have went right to all the Financial Guru’s who said, If President Trump won the presidency the market would crash instantly..Many predicted the dow would be 7 to 9000 the next morning.

    Mark Cuban. “I can say with 100 percent certainty that there is a really good chance we could see a huge, huge correction,” Cuban told CNN. “That uncertainty potentially as the president of the United States — that’s the last thing Wall Street wants to hear.”

    Erik Jones. “You would see incredible pressure on stock prices if Trump wins and everyone flooding into rare metals like gold and into bonds” in the U.S., Germany and the United Kingdom, Erik Jones, professor at the Johns Hopkins University School of Advanced International Studies, told Politico’s Ben White.
    Justin Wolfers and Eric Zitzewitz. “Given the magnitude of the price movements, we estimate that market participants believe that a Trump victory would reduce the value of the S&P 500, the UK, and Asian stock markets by 10-15%,” University of Michigan professor Wolfers and Dartmouth professor Zitzewitz wrote in a report that supposedly scientifically forecast the market’s reaction to Trump’s victory

    Andrew Ross Sorkin. The New York Times clomnist and CNBC anchor wrote: “In all likelihood, a Trump victory would lead to a swift, knee-jerk sell-off. Many investors will choose to sell stocks and ask questions later.” In fairness to Sorkin he hedged his believe in the sell-off by writing: In truth, it’s impossible to predict how the markets would settle into a Trump presidency, despite the speculation on all sides. In all likelihood, it will take time for investors to truly make sense and “math out” how his policies would affect the economy.

    Lawrence G. McDonald of ACG Analytics hedged also, predicting a massive sell-off followed by a relief rally. “Trump will create a colossal panic, but the relief rally will be outstanding,” he told Sorkin. Well, he got the rally right, anyway.
    Simon Johnson, a former chief economist of the IMF, a professor at MIT Sloan, a senior fellow at the Peterson Institute for International Economics, and co-founder of a leading economics blog, The Baseline Scenario had perhaps the most panicked reaction, in keeping with his status as America’s most authoritative economists. “With the United States’ presidential election on November 8, and a series of elections and other political decisions fast approaching in Europe, now is a good time to ask whether the global economy is in good enough shape to withstand another major negative shock. The answer, unfortunately, is that growth and employment around the world look fragile. A big adverse surprise – like the election of Donald Trump in the US – would likely cause the stock market to crash and plunge the world into recession,” Johnson wrote on October 29, 2016.

    Ian Winer, director of equity sales trading for the securities firm Wedbush, predicted a 50 percent fall in stocks if Trump won.

    Bridgewater Associates. “On Tuesday, Bridgewater Associates sent out a note to its clients predicting that the Dow Jones Industrial Average could plunge nearly 2,000 points in one day if Trump is elected president. That would be the biggest one-day slump in stock market history, by more than double, besting the 777 point plunge that happened on October 29, 2008, at the high of the panic surrounding the financial crisis. The drop would translate into a 10.4% dive, and immediately send the stock market into correction territory,’ Fortune‘s Stephen Gandel reported.
    Tobias Levkovich, Citigroup’s chief U.S. equity analyst. “A win for Donald Trump in next week’s election could take a big bite out U.S. stocks, according to the latest forecast from Citi,” CNN Money reported. “In a note to clients late Thursday, the bank said the S&P 500 will fall by 3% to 5% immediately if Trump is elected. A victory by Hillary Clinton wouldn’t move stocks significantly, it predicted.”

    Macroeconomic Advisers. “If Donald Trump wins the election, U.S. stocks (and likely many other markets overseas) will almost certainly tank,” Heather Long wrote for CNN Money. “How big of a drop? Forecasting firm Macroeconomic Advisors predicts an 8% fall in the U.S. A new paper out Friday from the Brookings Institute projects a 10% to 15% nosedive. You get the idea.”

    Like

  20. Nom de Blog says:

    The talking points could not be more obvious. I wonder whose arm is inside the Sunday News Readers to make them all talk the same way?

    Is somebody at Goldman Sachs a renowned ventriloquist?

    Like

  21. mike diamond says:

    Chuck the todd,is a radical liberal who hates all concervatives! So he spins stuff in a unfair way!

    Like

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