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Kudlow predicts 4%-5% growth, 'investment boom'....

Posted on 3/17/18 at 12:58 am
Posted by Jjdoc
Cali
Member since Mar 2016
53455 posts
Posted on 3/17/18 at 12:58 am
quote:

Larry Kudlow, picked to be President Trump’s new economic adviser, has privately told the White House that the nation’s economy is on the verge of 4 percent to 5 percent growth, or more than double the last decade.

In a recent gathering with Trump, he said that many firms held back investing until the tax reform package passed and “some of that is already showing up.”

What’s more, he told the president, “We’re on the front end of the biggest investment boom in probably 30 to 40 years.”


LINK
Posted by Cruiserhog
Little Rock
Member since Apr 2008
10460 posts
Posted on 3/17/18 at 1:44 am to
yeah, Kudlow's record of economic predictions might be the worst ever. whatever he says, play safe and invest with the exact opposite strategies.

he is a tv personality, thats it.

'the best people', 'I can call ten of the top people wanting to work for me'



Posted by TSLG
Member since Mar 2014
6724 posts
Posted on 3/17/18 at 1:53 am to
And everybody else thinks the market is ready for a crash.
Posted by CAD703X
Liberty Island
Member since Jul 2008
78036 posts
Posted on 3/17/18 at 1:55 am to
You just feel pretty lonely tonight
Posted by texridder
The Woodlands, TX
Member since Oct 2017
14172 posts
Posted on 3/17/18 at 3:38 am to
Kudlow graduated from University of Rochester in Rochester, New York with a degree in history in 1969. In 1971, Kudlow attended Princeton University's Woodrow Wilson School of Public and International Affairs, where he studied politics and economics. He left before completing his master's degree.

It is a joke that Trump appointed a Fox commentator with no real economics training to be Director of the National Economic Council.

End of story.
Posted by skinny domino
sebr
Member since Feb 2007
14335 posts
Posted on 3/17/18 at 3:55 am to
quote:

It is a joke that Trump appointed a Fox commentator with no real economics training to be Director of the National Economic Council.
If you are referring to Kudlow - he was an on air commentator for CNBC - that being said - he must be back to the nose candy - 4 to 5% now that is a few dude is tripping.
Posted by Deuces
The bottom
Member since Nov 2011
12375 posts
Posted on 3/17/18 at 5:55 am to
quote:

he is a tv personality, thats it.


I love this narrative by the left. The only people we should appoint are Ivy League PhD professors who have never left the walls of a classroom and done shite in the private sector.
Posted by NC_Tigah
Carolinas
Member since Sep 2003
123887 posts
Posted on 3/17/18 at 6:12 am to
quote:

I love this narrative by the left. The only people we should appoint are Ivy League PhD professors
I'm not really a Kudlow fan. Kudlow is a supply-sider in the extreme. Generally, anything in the extreme is bad.

E.g., if national debt is driven in the process, it is wholly irrelevant to Kudlow. That's problematic IMO.

Where the claim Kudlow being nothing but a TV personality is silly, Kudlow's actual economic bonafides are thin nonetheless.
Posted by lsurapper
Member since Oct 2017
271 posts
Posted on 3/17/18 at 7:26 am to
Bill Gates and Mark Z say hello....
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
260293 posts
Posted on 3/17/18 at 7:49 am to
quote:

Princeton University's Woodrow Wilson School of Public and International Affairs, where he studied politics and economics. He left before completing his master's degree.

It is a joke that Trump appointed a Fox commentator with no real economics training to be Director of the National Economic Council.

Derp
Posted by CharlesLSU
Member since Jan 2007
31892 posts
Posted on 3/17/18 at 8:01 am to
What’s laughable is the downvotes by the minions you’ll get and they have zero clue as to how awful his predictions have been.

.......glad that recession didn’t happen in 2007 and was actually a boom. Guy is an economic quack.
Posted by TigerDoc
Texas
Member since Apr 2004
9902 posts
Posted on 3/17/18 at 8:03 am to
quote:

.......glad that recession didn’t happen in 2007 and was actually a boom. Guy is an economic quack.


Yep.

Posted by CharlesLSU
Member since Jan 2007
31892 posts
Posted on 3/17/18 at 8:05 am to
Omg. Are you seriously discrediting the institutions that have produced the brightest economic minds of our age?!?! Now, they are all leftists? Cucks? Snowflakes? Because they’re smart?!

Economics is not a street smarts game. It is based on mathematics and probabilities.

Jesus. Wow.
Posted by BarberitosDawg
Lee County Florida across causeway
Member since Oct 2013
9914 posts
Posted on 3/17/18 at 8:07 am to
Who would downvote economic prosperity besides a liberal Bolshevik?
Posted by Deuces
The bottom
Member since Nov 2011
12375 posts
Posted on 3/17/18 at 8:24 am to
quote:

Omg. Are you seriously discrediting the institutions that have produced the brightest economic minds of our age?!?! Now, they are all leftists? Cucks? Snowflakes? Because they’re smart?!


If you had to have open heart surgery, would you rather the doctor that has never performed the operation before, but teaches about it to aspiring students, or would you want the accredited practitioner who has completed hundreds of successful operations?

Ask Obama how his appointments of these Ivy League intellectuals affected our economic prosperity.
Posted by Powerman
Member since Jan 2004
162217 posts
Posted on 3/17/18 at 8:24 am to
quote:

Who would downvote economic prosperity besides a liberal Bolshevik?

People are down voting completely irrational claims about FUTURE economic disparity

This shite has real consequences for people and their money
Posted by theronswanson
House built with my hands
Member since Feb 2012
2976 posts
Posted on 3/17/18 at 8:28 am to
quote:

I love this narrative by the left. The only people we should appoint are Ivy League PhD professors who have never left the walls of a classroom and done shite in the private sector.


I am not part of the left but I am not a Trump supporter. Though I disagreed with many of Gary Cohn's positions I always thought he was well qualified. But I seriously question Kudlow's capability and fitness for this position.
This post was edited on 3/17/18 at 8:29 am
Posted by Powerman
Member since Jan 2004
162217 posts
Posted on 3/17/18 at 8:35 am to
quote:



If you had to have open heart surgery, would you rather the doctor that has never performed the operation before, but teaches about it to aspiring students, or would you want the accredited practitioner who has completed hundreds of successful operations?

Good question

Ask Warren Buffet if he thinks we are in for an unprecedented boom
Posted by Powerman
Member since Jan 2004
162217 posts
Posted on 3/17/18 at 8:39 am to
quote:

Ask Obama how his appointments of these Ivy League intellectuals affected our economic prosperity.


Well he inherited the biggest recession since the great depression

While the recovery was lackluster we did have economic growth and the markets did recover

Some of you are so myopic about what actually transpired during the Obama years it's laughable
Posted by stout
Smoking Crack with Hunter Biden
Member since Sep 2006
167220 posts
Posted on 3/17/18 at 9:38 am to
quote:

And everybody else thinks the market is ready for a crash.





Really? Is that why Investors just pumped the most money ever into stock funds for a single week?
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