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Krudblow for Council of Economic Advisors
invite response
2016 Dec 16, 6:26am 1,653 views 4 comments
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one of the nation’s most prestigious economists
sad that there is prestige in a pseudoscience that gets things wrong so frequently.
When all trump appointments are vetted,how long will it take to fill his cabinet?
How many will be rejected?
When he said he will drain the swamp, he meant that swamp will drain you! Watch the movie Venom for a graphic illustration of what that's like!
finehoe
2016 Dec 19, 8:54am
Krudblow is usually wrong and frequently absurd, as an example, in June 2005 Krudblow wrote "The Housing Bears are Wrong Again"
Homebuilders led the stock parade this week with a fantastic 11 percent gain. This is a group that hedge funds and bubbleheads love to hate. All the bond bears have been dead wrong in predicting sky-high mortgage rates. So have all the bubbleheads who expect housing-price crashes in Las Vegas or Naples, Florida, to bring down the consumer, the rest of the economy, and the entire stock market.
In December 2007, he wrote: Bush Boom Continues
There’s no recession coming. The pessimistas were wrong. It’s not going to happen. At a bare minimum, we are looking at Goldilocks 2.0. (And that’s a minimum). Goldilocks is alive and well. The Bush boom is alive and well. It’s finishing up its sixth consecutive year with more to come. Yes, it’s still the greatest story never told.
Note the date of the article. The recession started in December 2007!
Now Krudblow will be the new administration's chief economist. Oh my.
Nincompoop television commentator Larry Kudlow is a leading candidate to chair President-elect Donald Trump’s Council of Economic Advisers, which is usually run by one of the nation’s most prestigious economists. Kudlow has demonstrated repeatedly he knows nothing about economics.
Stephen Moore, chief economist at the Heritage Foundation and an adviser to Trump, told a Lansing, Mich. business group Thursday that Kudlow would be named to the post, though Moore later added the nomination “isn’t a done deal,†according to the Detroit News. A person close to the transition told The Post that Trump is trying to find a space for Kudlow, a Trump friend and loyal adviser during the campaign, in an economic advisory role.