NEC Director Larry Kudlow Discusses Latest Financial Assistance Package…

Earlier today National Economic Council Director Larry Kudlow appeared on Fox Business with Lou Dobbs to discuss congress renewing funding for the small business and payroll protection program.   Kudlow estimates current unemployment at more than sixteen percent (16.3%).

When questioned about potential changes to our economic system, financial system and potential increases in taxes, Kudlow gets energized and jumps on the table to talk about the Main Street MAGA program. Focus on blue-collar, focus on the middle-class, let’s get manufacturing moved back into the United States and re-energize the economy….

This entry was posted in Bailouts, Big Government, Coronavirus, Donald Trump, Economy, Election 2020, Legislation, President Trump, Uncategorized. Bookmark the permalink.

95 Responses to NEC Director Larry Kudlow Discusses Latest Financial Assistance Package…

  1. Luke from NJ says:

    Sundance, I remember you talking about a rough transition from Wall Street to Main Street. It seems that the Trump Admin is not letting an emergency go to waste on that front.

    Liked by 9 people

    • At taxpayer expense of millions, othing has come of ANY of these investigations and we’re to pay for even more witch hunts? All while the Peoples’ business that is left in the dust?

      President Trump is right, operating on performa session, it makes no sense to keep both chambers in “session”. He might as well execute Article II powers under the current Natl Crisis and close them both down until all of America is open. In the interim he is Constitutionally authorized to divert Exec Branch appropriated funds. Remember that includes the Treasury and the Exchange Stabilization Fund money available to Treasury Dept used to maintain currency stability set up to insulate the domestic economy from large influxes of revenue from commodities such as oil. That fund currently holds over $1Trillion. We need to maintain control of that to prevent the IMF from pissing away its special drawing rights of approx $500Million. Recall this was the big block on the CARES Act – the Dimwits got McConnell to take that provision allowing PDJT access to $500Billion of that fund.

      Liked by 1 person

  2. alliwantissometruth says:

    You may want to tell your boss to open up the economy before there’s no Main Street left

    Liked by 6 people

    • YvonneMarie says:

      Agreed !

      Liked by 1 person

    • Ospreyzone says:

      The president has given the green light. The states are now in the driver’s seat and have full control of the throttle. In Florida, we responsibly voted for a conservative governor, who effectively managed this crisis, and we will have little problem with a healthy restart.

      To wit, I must sadly agree with one thing Obama said: “Elections have consequences.”

      Liked by 1 person

      • jwmson says:

        OBVIOUSLY you missed his TRASHING of Ga Gov Kemp, WHO IS IN HIS RIGHT to open his state. To my knowledge, Ga TOOK NOTHING from the feds, unlike NY, NJ, Calif, etc. YET, TRUMP JUST HAD TO TRASH HIM.

        Hey, Trump, WANT to do something POSITIVE and CONCRETE TODAY, STOP immigration that was your #1 priority and campaign strategy. NOT the watered down, Jared approved, EO you signed this wk. You know, the ONE that allows THOUSANDS of Chinese workers to replace OUR prominent workers in IT jobs. If you need proof, call Disney workers that TRAINED their replacements and then sent home. See FB, Google, Apple….THAT LOVE YOUR IMMIGRATION PLAN….

        Liked by 1 person

      • jwmson says:

        USA will SOON have no mid-class. Between immigration and this virus, the mid-class is dropping like flies….didn’t I read this in a book/strategy, like Alinsky……????

        Like

  3. Alli says:

    Fantastic interview Lou had with Ludlow. PDJT’s team are rock solid. Best TV interview I have seen in a while. Those Globalist Billionaires that want to tie down middle America are the worst. They really seem to have no regard for our great country.

    Liked by 9 people

  4. – We don’t have 2 million deaths
    – We don’t have overfilled hospitals
    – We don’t even have 100,000 deaths
    – The current death count is a fraud (counts heart attacks, cancer, etc.)

    OPEN THE COUNTRY

    Liked by 8 people

    • California Joe says:

      Pennsylvania reported today that 50% of the Covid-19 virus deaths were elderly people in nursing homes! There’s nothing yet on people who are terminal with COMORBIDITY issues!

      Liked by 5 people

    • FrankieZee says:

      Trump going after the Gov of Georgia did not sit well with me tonight. I think Trump is misguided about the economy is going to come roaring back when people go back to work. Hell, they have no money to spend in restaurants and bars. Their credit cards must be maxed to the hilt right now. Time to end this BS and open up the country.

      Liked by 1 person

      • SharonKinDC says:

        Did you watch the original comment the other day? In reference to tattoo parlors/beauty salons.

        Like

      • jwmson says:

        THAT BURNED MY A*** UP…TRASHING A conservative Gov that is already facing MAJOR issues from Abrams in Ga…THINK that won’t show up in an AD for the DEMS?

        Some days I wish Trump stayed the H in bed OR at least KEPT HIS BIG MOUTH SHUT…he can’t help himself…just cannot.

        Suppose he’s elated with the Jared-supported EO on immigration that CONTINUES to allow Chinese workers here REPLACING our own workers. The mid-class in USA in jeopardy of being destroyed…Will be 2-tiers. ELITES and LOW CLASS…

        Like

  5. rld rld says:

    Hmm—– I gotta say– I LIKE a guy that gets Enthused about Capitalism.

    Liked by 5 people

  6. MicD says:

    Video Proof that Koalas have teeth 🙂

    The USA will soon come soaring back.
    Manufacturing will continued to pour back into every State in our Country.

    MAGA —> The Way Forward America
    Semper Fidelis Infidelus

    Liked by 2 people

  7. Alli says:

    These selfish Billionaires are counting on their capital gains to secure cheap loans. Maybe if the capital gains tax went up these people would start singing a different tune.

    Liked by 1 person

    • “Capital gains are only paid by stupid people.” – Me

      These globalist billionaires office in one country, live in another, and do business in many others. Ask the douchebag of Omaha about how his secretary pays more taxes than he does.

      Panama Papers, Clinton foundation, that guy who didn’t kill himself in jail, etc. The big guys know how to move money around, launder it, hide it, so they pay little in taxes.

      Capital gains are functionally, an upper middle class tax.

      Liked by 1 person

  8. Eaglet says:

    I believe Mr. Kudlow, he sincerely wants the US succeed. Payroll tax holiday would help the average American worker. The President Trump Plan was working and God willing it will work again. IMO

    Liked by 6 people

  9. Mo says:

    hallelujah

    Liked by 1 person

  10. California Joe says:

    Just end the farce now! This is the most insane dumpster fire that ever existed. Last winter 61,000 Americans died from the common flu at the rate of 15,000-20,000 a month and President Trump didn’t even know it! Today, we learned that 50% of the deaths in Pennsylvania were elderly people in nursing homes which is where the common flu strikes hardest every winter. President Trump had to stop playing footsie with Democrat Governors who are going to drag out the shutdown for months thinking President Trump is going to bailout their deliberate self-inflicted state tax shortfalls. Wake up! The Democrats and news media are never going to let President Trump out of the Covid-19 box canyon. He’s going to have to call an end to the overblown flu otherwise America will have a new President after November 3rd and miraculously the Coronavirus will never be heard from again!

    Liked by 2 people

    • Mo says:

      Nah calme toi mon amie. The fake news is being exposed daily and along with them every state and local leader that goes full dictator is exposed too. The MAGA movement is gaining steam.

      Liked by 3 people

    • Alli says:

      California Joe. I agree with you but I wonder if the intelligence reports given to President Trump raised biological warfare red flags? I really have been a fan of Richard Grenell for 25 years and I just hope he is able to whack every mole that shows up. Our President is surrounded by some seriously evil people and I don’t trust the intelligence community not to try and trip him at every turn.

      Liked by 4 people

    • dilonsfo says:

      As far as I am concerned every dem state can stay shutdown and hunkered in.

      Like

      • Tiffthis says:

        I’m in dem state Cali. We just opened all Med offices, even Med spas 👍🏼

        Liked by 2 people

      • Magabear says:

        That’s nice of you think so highly of Trump supporters under demonrat rule.

        Liked by 1 person

        • dilonsfo says:

          There were a lot of good people living in Germany that stayed rather than leave. Some of those people served in the underground. I live in a democrat state. Bought property in a Red state. Because I will never support a communist/nazi regime and that is exactly what dem states are becoming. The spit in the face of President with sanctuary cities and taking tax payer money to support illegal aliens. I want to support good people with my tax dollars not criminals and those that harbor them. Just me…others will do what they want.

          Like

      • California Joe says:

        Except our economy is national and so is the stock market which President Trump needs back at 100% if he expects to be reelected.

        Like

    • ncpatriot123 says:

      Unfortunately, I’m not sure what options Trump has to force reopening of these dem states. In NC, we just had our shutdown extended and there’s no valid reason that it was extended. We’re currently at the mercy of a tyrant that refuses to reveal the “data” he’s basing this on, and shows no concern for the thousands of unemployed people in the state.

      Like

  11. Mo says:

    .We need to support the men and women running for office that the President endorses so we can win back the house this November. I have decided that i will donate $10.00 of my $1,200.00 Trump bucks stimulus check to each candidate the President endorses.

    Liked by 3 people

  12. Johnny Boost says:

    All of these relief packages won’t amount to much if we can’t all go to work. Please open up the country fast, this is getting intolerable..

    Liked by 2 people

  13. MfM says:

    Zero is needed, just open the economy.

    The people who are dying, just like in Italy are mostly the very old and very ill. The risks for most people is low. We as a country should be spending the dollars on protecting those living in Care Homes.

    Liked by 3 people

  14. The magnificent and historic TRUMP administration will be remembered 1,000 years for their shrewd and artful machinations in first halting and then restoring the strongest economy in the world.

    Liked by 1 person

  15. jx says:

    Instead of further indebting the country to pay people not to work, how about we all get back to work?

    covid19 fell far short of the hype. Admit the midjudgement and move on, don’t double down on it.

    Liked by 2 people

  16. Swanzinator says:

    I’ve been scratching my head about why Trump was calling out Governor Kemp yesterday for reopening Georgia’s economy too quickly. Could it be that Trump would actually like to see certain states — not Georgia, but ones like Illinois with Governors who think they can run their fiscally unstable states into the ground through extended shutdowns and get a federal coronavirus bailout — could it be that Trump would like them to go ahead and proceed with their self-destruction plan, paving the way for a new kind of state-level bankruptcy as McConnell hinted at today? For some of these long mismanaged states a formal bankruptcy might well be their best way out of the mess they’re in.

    Food for thought anyway.

    Liked by 2 people

    • mugzey302 says:

      He said Kemp was not following the 3 state process, but jumping right in to allowing tattoo parlors, spas, etc. to open (very close contact businesses).

      Liked by 3 people

      • mugzey302 says:

        3 STAGE process (thanks, Auto-correct 😒).

        Liked by 1 person

      • Magabear says:

        The three stage process means unending lockdowns for anyone with a demonrat Governor. “Day 13 is here, and oh what a shame, we have an uptick at the local nursing facilty. Restart the clock”.

        Liked by 3 people

        • Beverly says:

          Ah, you spotted that!

          Exactly right. The “stages” are completely unrealistic and can be twisted any way they want by the Tyrant Class.

          Oh, and Fauci should seriously get stuffed. Put HIM out of work and empty his bank account, beggar him and his family, and tell the twit that “you can have $20/hour welfare for your whole family IF there are No More Deaths At All.”

          Liked by 1 person

        • mugzey302 says:

          That’s when the taxpayer revolution needs to kick in, so pressure will be brought to bear from the Admin. to support their effort. People need to wake up and see these fascists for who they are, and want lots more change.

          Like

      • modspell says:

        Take off the brakes, now. All business owners are indebted and responsible for their bills and employees, it shouldn’t matter what services they offer… close is relative.

        Like

    • LizD says:

      No. Mitch McConnell did not mean what he said because it’s not possible. There is no federal bankruptcy law that allows states to file for bankruptcy. So it was like throwing red meats to us Republicans but totally meaningless. I think they will cave like they alway do and bail them out. How would you ever be sure any bailout would be used for coronavirus expenses (as Republicans are saying)? We couldn’t even limit the last bailout to SMALL BUSINESSES. Trump is signing some very bad legislation to provide cover for this huge mistake /overreaction. I’m sorry but I feel Trumps best course would be to face this honestly and encourage a rapid opening. Also let New York and California seal on their own. But my prediction, they wont. This whole debacle is shameful. All politicians are looking to quietly sneak out of this disaster.

      Liked by 1 person

      • dilonsfo says:

        What he meant was let them go bankrupt and renegotiate loans and money owed too creditors. Rather than the feds throwing money at them, let negotiators hammer out way for the state to get back into what they can afford. When lenders and merchants refuse to do business with a state then they will be forced to restructure or be blackballed. Yes, they can’t file for protection under the bankruptcy law and that is probably a good thing. Make them own up to what they have done and let the people of the state that voted these jackasses into office live with what they have done. Didn’t vote the jerks? Move or riot.

        Liked by 3 people

  17. JohnCasper says:

    At the rate things are going, America is going to need a ventilator. But I don’t know if one can be built that large.

    Liked by 3 people

  18. Landslide says:

    Seeing the Wolverine pictures above leads me to ask: Anybody heard from Wilburine??? I miss Mr. Ross and hope he’s ok.

    Like

  19. Any pension bail-out money will be looted by Democrats again, and worse, prolong our National House Arrest by taking pressure off states to reopen.

    #OpenItUp!

    Liked by 1 person

  20. Deception Stinks says:

    “With a heavy heart we have come to the hard decision that due to the current economic climate we will not be re-opening XXX Bakery and are now closed permanently. Thank you for your loyalty and being part of our XXX family!”

    Classified a “non-essential” business by AZ Gov. Ducey, a local gym owner told his story on radio. Losing everything, he invited members back, and a sheriff threatened to jail him if he opens his doors. He applied for a gov’t loan. NOTHING.

    ‘NON-ESSENTIAL’ GOVERNOR DUCEY closed down numerous licensed theropeutic physical therapies, i.e., Craniosacral therapy, Auriculotherapy, Prolo-therapy, Bowen therapy, Myotherapy, Reflexology, and numerous massage therapies dealing w/ailments like Fibromyalgia, Neuropathy, a variety of back pain, to name a few. Ducey insulted these professionals by lumping them ALL under “non-essential” ‘massage parlors’. To label these well-educated, specialized, licensed theropeutic professionals into a massage parlor status describes the UNprofessionalism at the helm of Arizona.

    WHAT’s going on? Our country’s local business community represents the strength, heart and spirit on which this country was built. They just happen to be the backbone of our country. So I ask, “Who has organized the trillion dollar bailouts? And why are our small businesses being ignored and worse, THREATENED to be jailed if they dare open their doors to keep from going broke?

    Liked by 6 people

  21. WTH all those endorsements posted above, it reminded me to ask who won that attorney general election which took a week to report the results?

    Like

  22. Jeffrey Coley says:

    There is a disconnect between the people who are all about mitigation at any cost, versus those who are open to balance the needs of the many against the needs of the few – the very, very few who are at high risk from coronavirus and other respiratory infections. I know it seems cold, but shutting down the entire world just so an elderly diabetic with COPD dies in November instead of April isn’t a good balance.

    Liked by 1 person

  23. Ospreyzone says:

    Larry Kudlow is a warrior for America. We should all be as energized to DO SOMETHING for our great country as is he. The very least we can do is stop buying Chinese products. I know this is difficult, in many cases, there are virtually no other choices. But, we must make that sacrifice. And, if you can’t determine country of origin (e.g. Amazon) then just don’t buy it. If most Americans took this one action, we would have our manufacturing and our economy back pronto.

    Like

  24. You guys have *no* idea how TRUMP is artfully using this crisis to put in place stimulatory measures (and remove regulations) — that will REMAIN for quite some time — and make this economy and (surviving) businesses take off like a rocketship. As we all know, once a measure or regulation is inserted or omitted, bureaucratic inertia tends to keep it in place well after the conditions that initially caused it. This coming year will be historic and unprecedented.

    Like

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s