“The president doesn’t make things up.”
— White House economic adviser Larry Kudlow, quoted by The Hill., dismissing suggestions President Trump fabricated his claim that he was asked to mediate the decades-long dispute between India and Pakistan over the Kashmir territory.
White House economic adviser Larry Kudlow — who called federal spending “the most unbalanced fiscal story coming of Washington, really in our history” in 2009 — on Thursday said the deficit, which has risen about 80 percent since Trump took office and is on track to top $1 trillion for the first time in history, “doesn’t bother me right now,” the Washington Post reports.
He added: “I don’t think we’re at a crisis point now.”
Wall Street Journal: “The U.S., despite a record-long economic expansion, is on course to test just how much it can borrow.”
President Trump was irritated on Sunday after National Economic Council Director Larry Kudlow acknowledged in a Fox News interview that American consumers end up paying for the administration’s tariffs on Chinese imports, contradicting Trump’s claim that the Chinese foot the bill, the Washington Post reports.
Said a White House source: “Trump called Larry, and they had it out.”
President Trump’s pick to serve on the Federal Reserve Stephen Moore once criticized Trump’s positions on immigration, describing them as “extreme nativist” and calling them “crazy” and “dangerous,” CNN reports.
Moore made the comments in an August 2015 radio interview with Larry Kudlow, who now serves as the President’s top economic adviser.
In that interview, Kudlow compared Trump’s immigration plans to the worst parts of World War II — in an apparent reference to the Holocaust — and said Trump’s only real supporters came from “the nativist fringe.”
“The basic economy has reawakened and it’s gonna stay there. I mean, I’m reading some of the weirdest stuff, how a recession is around the corner — nonsense. My personal view, our administration’s view, recession is so far in the distance I can’t see it.”
— White House economic adviser Larry Kudlow, quoted by The Hill.
Peter Brimelow, the publisher of a website that serves as a platform for white nationalism, was a guest last weekend at the home of President Trump’s top economic adviser, Larry Kudlow, the Washington Post reports.
“Brimelow, 70, was once a well-connected figure in mainstream conservative circles, writing columns for Dow Jones and National Review. But over the past two decades, he has become a zealous promoter of white-identity politics on Vdare.com, the anti-immigration website that he founded in 1999.”
President Trump said that White House chief economic adviser Larry Kudlow suffered a heart attack because he “has been working so hard on trade and the economy.”
“President Trump’s top economic adviser said on Sunday that Mr. Trump had pulled out of a joint statement with allies at the Group of 7 meeting over the weekend because a ‘betrayal’ by the Canadian prime minister had threatened to make Mr. Trump appear weak before his summit meeting on Tuesday with North Korea’s leader,” the New York Times reports.
“The adviser, Larry Kudlow, said that Mr. Trump had no choice but to take the action after Prime Minister Justin Trudeau said in a news conference that Canada would not be pushed around by the United States on trade.”
Said Kudlow: “He stabbed us in the back.”
“White House economic adviser Larry Kudlow stressed U.S. tariffs announced on Chinese goods are still only proposals that might never take effect as the Trump administration sought to tamp down fears of a trade war,” Bloomberg reports.
Said Kudlow: “None of the tariffs have been put in place yet, these are all proposals. We’re putting it out for comment. There’s at least two months before any actions are taken.”
Larry Kudlow is the leading contender to head President Trump’s National Economic Council and would take the job if offered it, CNBC reports.
CNBC financial commentator Larry Kudlow announced that he will not run for the U.S. Senate in Connecticut this year, the Hartford Courant reports.
Said Kudlow: “The best course for me was to do exactly what I’m doing, which I love. That was the bottom, bottom line… I love being a broadcaster. I love it so much that I don’t want to give it up.”
Conservative economist and media figure Larry Kudlow says he’s talked to national Republicans about running for Senate in Connecticut, Roll Call reports.
Said Kudlow: “Maybe I’m speaking out of school but if Sen. Richard Blumenthal votes with Obama on Iran, I’m going to run against him. I’m going to run against him for the Senate. The national Senate campaign committee has come to me and talked to me about it. They polled. I’m not a political guy, I’m an economist. I’m a broadcaster by profession, but I am so angry at this issue, among others.”
Taegan Goddard
Taegan Goddard is the founder of Political Wire -- which for more than two decades has been one of the nation's most influential political news sites.
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