Larry Kudlow Discusses Overall Strength of U.S. Main Street Economy…

National Economic Council Chairman Larry Kudlow appears on Fox Business to discuss the latest excellent jobs report and the overall strength of the U.S. economy.

Additional points of interest discussed are the U.S-China trade negotiations, the status of the internal Beijing communist control over their economy and the ongoing issues with the EU.  Lots of good MAGAnomic news.

This entry was posted in Big Government, Brexit, China, Donald Trump, Economy, Election 2020, European Union, Legislation, media bias, NAFTA, New York, President Trump, Taxes, Trade Deal, Uncategorized, United Kingdom (UK) and Great Britain, US dept of agriculture, US Treasury, USA, USMCA. Bookmark the permalink.

32 Responses to Larry Kudlow Discusses Overall Strength of U.S. Main Street Economy…

  1. Sloth1963 says:

    Drop Bear Droppin’

    Like

  2. I Hear You Now says:

    How refreshing!

    Larry Kudlow is such a great “… day at a time guy …” for all of us and for his President.

    I’m glad he’s “enjoying the Greatest Job of my Life” ….

    God please keep Larry Kudlow and his “Saintly Wife” safe and healthy.

    Amen

    Liked by 6 people

  3. dufrst says:

    Contrary to the haters, this economy will accelerate going into next year. The consumer is in the strongest environment they can possibly be and they are just beginning to take full advantage of it. Lower interest rates, higher wages, lower taxes and higher employment, low unemployment rate and higher stock and real estate values. These combinations are unheard of. Unprecedented. Not seen since the mid 90s and even then, interest rates were being increased along with reducing the budget deficit as the economy grew.

    Today, low unemployment is being accompanied with lower interest rates. Take advantage folks, you may never see this again. Refinance your homes, cars and other debt. Purchase your cars and homes if you don’t have them. Look for the most highest paying job you can get! Invest your surplus in the stock market or even real estate! After you’ve done all that, spend!

    The only thing missing for the overall economy is the USMCA agreement. It’s the biggest trade deal in history. The most important trade deal for the US as we do almost 40% of all of our trade is in North America. With lower energy, lower regulations and lower taxes, the only thing businesses are waiting for in order to really invest is trade certainty. USMCA will give them that in spades. UK, Japan and KORUS are pretty much done and ready to go pending USMCA. The combination of those trade agreements covers 50% of all trade. The China phase 1 deal, according to Trump is 60% of China trade (total China trade is 20% of all US trade). Trump by Nov 2020 could potentially have renegotiated 60% to 70% of all US trade!

    The consumer will keep this expansion rolling. Their strength is only growing. Even without the USMCA, investment must respond to the higher demand. That means more jobs, higher wages, and more consumer strength. Trump should win in a landslide next year. MAGA!

    Liked by 3 people

    • mostlyogauge says:

      The economic news is really great for everyone. President Trump has done great work for everyone.

      Except, however, for the older worker population. Older workers, those over 50, are being discriminated against big time. I’m one of them. I am underemployed, and have been for years. There is no privacy anymore. Once people find out your age, good bye interviews.

      I am working now and am grateful for the job, the paycheck, and the health insurance. I could be doing more and making more. The opportunity doors and closing. Who is hiring older US citizen IT workers?

      Liked by 1 person

      • mostlyogauge says:

        … The opportunity doors are closing. …

        Like

      • TreeClimber says:

        No one is hiring US citizen IT workers, period. I would know… my (millennial) husband is one.

        Like

      • GB Bari says:

        Unfortunately that horse was chased out of the barn before Trump became a candidate and could even reach the door to close it.

        H-1B visas were the “magic wand” that Bush and Ozero used to help their big corporate donors as well as the USCoC funnel $$millions into their campaign chests. Once in country, those foreign workers were a boon for the multinationals’ and big corporate tech departments’ bottom line$, and the bain of American skilled IT workers who were permanently put out to pasture (sometimes after being forced to train their foreign replacements.)

        IMO, unless something changes radically (and PDJT cannot effect any real change by himself, since the Senate is firmly against any legislation that interferes with their multinational corporate donors’ profits), lucrative IT jobs aren’t coming back any time soon.

        However there has been a significant jobs re-training program going on for a few years, strongly pushed by President Trump, that has put many Americans back in the workforce at decent salaries after getting re-trained by companies and/or local community colleges and vocational tech schools. It may be worth investigating.

        On the Congressional side, looks, like they don’t give a rat’s rear end about older workers’ plight since they had a great opportunity to pass a bill (“POWADA”) sponsored by Chuck Grassley and Bob Casey but right now the Dems have impeachment fever.
        https://www.govtrack.us/congress/bills/116/s485

        Like

  4. MfM says:

    Oh No! I thought the economy was falling!

    Even with President Trump being constantly attacked, the economy is still cranking. I guess most people don’t believe that Trump is really in any danger of being found guilty. Now if we could get the USMCA signed think how well we’d be doing.

    Like

  5. RJ says:

    Donald Trump was a builder long before he became our President. He knows how to put people to work and how important it is for a man to have a job…show me a man who doesn’t have a job land I will show you a man who will get in trouble…it’s that simple!

    Promises made, promises kept…except for what the democrats have shut down for now!

    So, if we want to continue of this good times road we need to make sure President Trump has a second term as our President…get out and vote! This means I want a Secret Service plan that makes as possibly sure as can be that he will be here for the election and after it. You know the crazies are coming for President Trump…they have no where else to go but after him (in their world that is all that matters, sadly!).

    Let’s get to work, just like our President works every day on our behalf.

    Let’s vote out as many democrats and RINO republicans as possible!

    Let’s keep winning, I like the feeling that comes with doing so!

    Liked by 3 people

  6. trapper says:

    Perhaps the only China pool to bet on is WHEN, not “if,” the Chinese communist party will be overthrown like the Soviets. There is no way they can keep up with the US economy, just as there was no way the Soviets could keep up with the US military expansion. It broke the Soviets. When will it break the Chicoms?

    Liked by 1 person

  7. fangdog says:

    How is it any American can think President Trump is not good for them personally? What is it a Democrat would be good for them personally? It really just gets down to freebies vs opportunity. What the average “Freebie” doesn’t realize is the mental spirit/hope cost of the freebie.

    Be a Freebie long enough and you will eventually find yourself in the worst of hopeless, spiritless misery in the bowls of some ghetto. That my fellow Americans is exactly all Democrats have to offer us on a personal basis……..Venezuela.

    Liked by 1 person

  8. youme says:

    Liked by 1 person

  9. hokkoda says:

    I’m beginning to think that Trump should send people up to testify on Capitol Hill but that they should all be given bullet points for their opening statements like, “Thank you for inviting me to testify today. Unemployment is at 50-year lows. GDP continues to show strong movement upwards. The Dow and S&P are setting record highs. The economy is great, ISIS is defeated, we’re working on bringing our troops back home. We are winning the trade war with China. We are building the wall. And we have successfully renegotiated NAFTA and call upon Congress to pass the USMCA. What questions can I answer for you today in this utter waste of time and money designed to try and help Democrats stem their electoral disaster in 2020?”

    They should send every friendly voice up to the Hill with a list of options to shove in the Democrats’ faces in the opening statements. If the Democrats start to ban opening statements, they should coach their people to start off the answer to every question with, “Well, I can see why you would rather talk about this distraction than USMCA, but let me start off with a few facts about USMCA and why Congress needs to pass it…”

    Trump has allies. Democrats want to make it look like he doesn’t. But I think the GOP has a golden opportunity here to make a total mockery of the “inquiry” while also stumping for the President’s agenda in Congress.

    Liked by 2 people

    • hokkoda says:

      We’re being way too nice, “playing the game”, so to speak. Trump needs to tell his people they are unleashed to stump for their pet programs and answer Democrat questions about Ukraine with, say, information about US Energy Independence under Trump, lol.

      I think the way you beat this back is to make a total mockery of it. Just f**k with them on live television.

      Liked by 2 people

    • RobInPA says:

      VSG PDJT is already doing something like this by holding those open Cabinet Meetings, and I would imagine that this practice will continue.

      Liked by 2 people

  10. Gunner says:

    Could it be any more clear that the left just absolutely hates this country? This man is delivering like none in my 67+ years (sorry Mr. Reagan).

    I was told to always wish for success for a president regardless of your personal feelings about the individual (e.g. eight years each for bubba and the community organizer). Anyway, if the individual who occupies the oval office is successful, then there’s a pretty damn good chance our Nation succeeds. (Regarding those two, we survived in spite of them).

    Today’s left only sees hatred — not just of President Trump, but of anyone who loves our country. President Trump will win in a landslide in one year and two days, and they know it. So, all they got is to burn it all down before he gets the chance.

    POTUS cannot rely on flailing Republican politicians; he can, however, rely on us. So, bring it, lefties!

    Liked by 2 people

  11. jrapdx says:

    What a splendidly pleasant—and informative—interview. Definitely unlike most coming from the “media” these days. Kudlow was clearly optimistic about the economy forecasting 3% GDP by first quarter next year.

    That appears to depend on completing a constructive trade deal with China and Congress passing USMCA. However both of these factors coming to pass is doubtful. We know China is duplicitous, unlikely to follow through on commitments as they’ve shown in the recent past. If a deal is signed and then abrogated by China, that’s likely to have at least a small negative impact on US economic progress.

    The USMCA remains stagnated in Congress, and we know Pelosi and her gang of Democrat saboteurs are disinclined to even consider it, preferring to waste all their time and legislative resources on the faux impeachment “crisis”. Do we really expect USMCA to be enacted before the elections in 2020? The prospect of passage seems remote at best.

    So there are a few clouds on the horizon even though otherwise the economy will likely remain very robust and growing, albeit at a somewhat suboptimal rate. In any case that’s a great deal better than the Democrats’ plans would produce which leaves us having much to be grateful for.

    Liked by 1 person

    • Dennis Leonard says:

      Am curious why the the President has not eluded to starting the 6 month clock on NAFTA.

      Liked by 2 people

      • jrapdx says:

        Don’t know, the only thing that occurs to me is that he considers passing USMCA a much better deal all the way around. Cancelling NAFTA would be a last resort with a lot of disadvantages.

        Like

    • permiejack says:

      I love these interviews with Varney and Kudlow. You can tell they are both enjoying themselves.

      Liked by 2 people

      • jrapdx says:

        And unlike many other interview pairings in the media, they genuinely like, and respect, each other. More than anything else, not a lot of respect coming from “media personalities” toward administration officials these days.

        Liked by 1 person

  12. bigd57 says:

    “The greatest job in my life to work for President Trump.” Love hearing that!

    Liked by 2 people

  13. CharterOakie says:

    The numbers are fantastic, and Kudlow is great in these interviews. Factual, cogent, clear and persuasive. He’s excellent.

    Liked by 2 people

  14. Sharpshorts says:

    “Lots of good MAGAnomic news” is an understatement IMO.
    The good things that are are happening now are a preview of greater things that are in the works.
    A long-ish interview but Kudlow drove home many optimistic points…
    and he also gave “hints” about what PDT’s team of wolverines are still working to accomplish.

    These things are not only good for America, ie: to KAG but also for leading Europe toward at least adopting some
    of what has caused the US, in less than 3 years to grow into the terrific position we are now enjoying.

    Like

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