Larry Kudlow, director of the National Economic Council, predicts optimistically that a blue wave will be avoided in 2018 thanks to the robust economic climate, according to a Tuesday Politico report.
“The great blue wall has crashed,” Kudlow told Politico. “I think GOP will lose seats but keep the House.”
Kudlow was unconcerned about the GOP’s unpopular tax bill, stagnant wages and the cost of President Donald Trump’s escalating tariff battles with various nations.
“These are very good times and the midterms will be a report card on that,” he said. “The dollar is strong. The more important measure is real disposable income and it’s booming.”
Just traveled from Indiana across Illinois, Missouri, Kansas and Colorado and the economy is NOT good for many people. The trickle didn’t trickle down to the middle class and below.
If Kudlow is predicting the Rethugs keep the House, this means in real terms, they will ABSOLUTELY lose the House. Whatever he says will happen, you know the opposite will happen. Sweet. Thanks for confirming that, Larry.
Holy mangled metaphor, Batman!
Probably not a misquote, Kudlow’s diction reflects the coherence of his thinking.
The one grave you can’t whistle past is your own.
The percentage of people over 70 in my company is growing. Older employees just won’t retire. Why? They don’t have the retirement savings they need. Now my company is a medical tech firm. We pay very good wages and have a matching 401 K. If folks who should have a comfortable retirement stashed away don’t feel all that comfortable, think about the millions on millions who don’t.
This year my stocks have been struggling mightily to recover from the February correction. They have come close but haven’t made it all the way back. That means I have made little to anything over the last 7 months. I know the market has been good lately, but not that good.
What Kudlow doesn’t understand is his good economy is only good for the very rich guys and not really all that good for them.