Trade is the key to the economic outlook in Britain and the E.U. Many corporate chieftains joined large bank CEOs and the fearmongering IMF to suggest that the E.U. will deal harshly with Britain if it leaves and stop all trade. That’s mutually assured destruction – MAD. Lawrence Kudlow Read Quote
It turns out that Donald Trump has been very good at buying low and selling high, and it helps account for his amazing business success. Lawrence Kudlow Read Quote
Under Bill Clinton’s HUD Secretary Andrew Cuomo, Community Reinvestment Act regulators gave banks higher ratings for home loans made in ‘credit-deprived’ areas. Banks were effectively rewarded for throwing out sound underwriting standards and writing loans to those who were at high risk of defaulting. Lawrence Kudlow Read Quote
When George W. Bush tried to roll back taxpayer exposure to a housing crash via Fannie and Freddie, guess what two senators joined a filibuster of the Bush initiative? Yep… those saviors of the working class, Barack Obama and Hillary Clinton. They went to bat for the housing industry and voted to allow taxpayer exposure to escalate. Lawrence Kudlow Read Quote
New tech explosions create winners and losers, but overall are remarkably positive for the country, middle-class folks, the economy, jobs, and wages. Lawrence Kudlow Read Quote
From 1950 to 2000, the U.S. economy grew at an average rate of 3.5 percent. That generated a massive gain in real GDP per person from $16,000 to over $50,000. A huge win for the middle class. Lawrence Kudlow Read Quote
JFK and Reagan’s growth model included tax cuts and a steady dollar. Trump has taken a gigantic step toward restoring prosperity with his tax-cut-centered fiscal policy. Lawrence Kudlow Read Quote
Hillary Clinton would raise taxes on so-called rich people, corporations, capital gains, financial transactions, and inheritance. Has there ever been an example where America has taxed its way into prosperity? Never. Trump has an economic-recovery-and-prosperity plan. Clinton has an austerity-recession plan. Lawrence Kudlow Read Quote
Enforcing trade deals is spot on. Acting in the interest of American workers is correct. But large-scale tariffs are a terrible idea. Lawrence Kudlow Read Quote
New WikiLeaks-provided e-mails from Clinton aide Doug Band reveal the true nature of the Clinton cash operation: No matter what the stated humanitarian goals of the Clinton Foundation, every fiber and sinew of the organization is wrapped in self-dealing, self-enrichment, fraud, and corruption. Lawrence Kudlow Read Quote