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Keyword: larrykudlow

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  • Kudlow says federal government will extend moratorium on evictions

    07/26/2020 12:50:57 PM PDT · by karpov · 61 replies
    The Hill ^ | July 26, 2020 | Rebecca Klar
    White House economic adviser Larry Kudlow said Sunday the federal government will extend a moratorium on evictions as part of the next round of coronavirus relief that will also include another round or $1,200 stimulus checks. “Don't forget, there's a $1,200 check coming. That is going to be part of the new package. I would have preferred a payroll tax cut, on top of that check. But, be that as it may, politically, it doesn't work,” Kudlow said on CNN’s “State of the Union,” adding that it is a “very well-rounded package.” “People need that money as soon as possible....
  • US Economic Council Director Larry Kudlow: Health Experts Say There Is No 'Second Wave' of COVID-19

    06/12/2020 9:35:00 AM PDT · by SeekAndFind · 10 replies
    Townhall ^ | 06/12/2020 | Ellie Bufkin
    Addressing concerns about the dramatic drop in the stock market this week, director of the United States Economic Council Larry Kudlow said that, despite concern on Wall Street, there was no rising second wave of COVID-19. Reports of increased hospitalizations in various parts of the country have popped up this week, leading some to believe that a throttling in the stock market was due to fear of another economic shutdown. Kudlow put those fears to rest, saying that the market's fall was likely due to a combination of needless worry and opportunistic trading by some after a dramatic increase in...
  • White House Economic Adviser Larry Kudlow Predicts Record Economic Rebound In Q3: ‘Biggest Growth Quarter In American History’

    05/21/2020 11:47:03 AM PDT · by SeekAndFind · 19 replies
    Epoch Times ^ | 05/21/2020 | Tom Ozimek
    White House economic adviser Larry Kudlow said that, as America’s economy opens up, output in the third quarter could surge by 21.5 percent, which he said, if it materializes, would make it “the biggest growth quarter in American history.” Kudlow, speaking at a White House meeting Wednesday with the governors of Arkansas and Kansas, based his comments on revised economic estimates by the Congressional Budget Office, which predicted a second-quarter annualized contraction of 37.7 percent that the presidential adviser called a “predictably rough pandemic contraction.” As states have imposed restrictions on work and travel, the second quarter of 2020 has...
  • News Summary-Intelligence Report Tuesday 4/14/2020

    04/14/2020 9:00:37 PM PDT · by Nextrush · 2 replies
    Nextrush Free ^ | 4/14/2020 | Nextrush/Self
    The oil price situation tonight at of 1045 pm Eastern US time sees the WTI price at 20.49 per barrel.... White House economic adviser Larry Kudlow says the guidelines from President Trump on "reopening the economy" will come in the next day or two..... ...California Governor Gavin Newsom said today he would follow the lead of the scientists and public health experts and would not give a specific date for reopening California.... And when the results came in Monday for the Wisconsin Supreme Court contest Republican-Conservative Daniel Kelly was defeated by Democrat-Liberal Jill Karofsky in what's being called an "upset"......
  • NEC Director Larry Kudlow: ‘Pay The Moving Costs’ Of American Companies Leaving China

    04/11/2020 6:32:07 AM PDT · by SeekAndFind · 62 replies
    Forbes ^ | 04/11/2020 | Kenneth Rapoza
    Call the moving company, Washington’s picking up the tab. The same day Japan announced that it would spend upwards of $2.2 billion to get its corporations out of China and either back home or spread throughout southeast Asia, White House National Economic Council Director Larry Kudlow said the U.S. should “pay the moving costs” of every American company that wants out of China. “I would say, 100 percent immediate expensing across the board for plant, equipment, intellectual property, structures, renovations... In other words, if we had 100 percent immediate expensing, we would literally — literally pay the moving costs of...
  • U.S. economy should be able to reopen on 'rolling basis' - White House adviser Larry Kudlow

    04/09/2020 12:08:29 PM PDT · by SeekAndFind · 54 replies
    Reuters via Yahoo News ^ | 04/09/2020 | Jonathan Landay
    WASHINGTON, April 9 (Reuters) - White House economic adviser Larry Kudlow on Thursday said the U.S. economy should be able to reopen "on a rolling basis" over the next month or two. "The next month or two, we should be able to restart at least on a rolling basis," Kudlow said in an interview on Fox Business News. "Our intent here was, is to try to relieve people of the enormous difficult hardships they are suffering through no fault of their own." CLICK ABOVE LINK FOR THE VIDEO...
  • 3 Reasons Coronavirus Could Prove Trump’s Greatest November Foe

    03/09/2020 7:17:09 AM PDT · by Kaslin · 68 replies
    The Federalist ^ | March 9, 2020 | Christopher Bedford
    With a visibly aged Joe Biden duking it out with socialist Bernie Sanders, there are three very good reasons that President Trump's greatest opponent in November could be the Coronavirus. Long before the sun rose Thursday, British regional airline Flybe collapsed. Americans probably haven’t heard of it, but when an Englishman flew domestically there was a 40 percent chance it was with Flybe. Its final demise was swift and brutal: Passengers booked to fly as soon as that morning receiving a 2 a.m. text message informing them otherwise. The company employed 2,300 people, and its 1,300 pensioned employees are now...
  • Larry Kudlow says US has contained the Coronavirus and the economy is holding up nicely

    02/25/2020 6:50:40 PM PST · by SeekAndFind · 134 replies
    CNBC ^ | 02/25/2020 | Fred Imbert
    National Economic Council Director Larry Kudlow tried on Tuesday to assuage concerns over the cornavirus and its impact on the U.S. economy. “We have contained this. I won’t say [it’s] airtight, but it’s pretty close to airtight,” Kudlow told CNBC’s Kelly Evans on “The Exchange.” He added that, while the outbreak is a “human tragedy,” it will likely not be an “economic tragedy.” “There will be some stumbles. We’re looking at numbers; it’s a little iffy,” Kudlow said. “But at the moment ... there’s no supply disruptions out there yet.” Kudlow’s comments came as the stock market tanked for a...
  • Coronavirus will delay export ‘boom’ from US-China phase 1 trade deal, President's Economic Adviser Larry Kudlow says

    02/04/2020 10:33:11 AM PST · by SeekAndFind · 16 replies
    CNBC ^ | 02/04/2019 | Kevin Breuninger
    * President Donald Trump’s economic advisor Larry Kudlow said Tuesday that the deadly Chinese coronavirus outbreak will dent a surge in exports that is expected to flow from the first “phase” of the U.S.-China trade deal signed last month. * “It is true the trade deal, the phase one trade deal, the export boom from that trade deal will take longer because of the Chinese virus. That is true,” Kudlow said in a Fox Business Network interview. * But Kudlow noted that the Trump administration, which imposed travel restrictions and quarantines in response to the coronavirus last week, still projects...
  • 'As good as it gets': Larry Kudlow rejects recession fears

    08/18/2019 8:10:46 AM PDT · by jazusamo · 25 replies
    The Washington Times ^ | August 18, 2019 | Tom Howell Jr.
    White House chief economic adviser Larry Kudlow said Americans “should not be afraid of optimism” after a wobbly weak on Wall Street, arguing President Trump’s agenda of tax cuts and deregulation are working and they’ll stay the course. U.S. stocks plunged Wednesday on fears of a recession and weak economic performances from Germany and China, though investors recovered some losses later in the week. Mr. Kudlow said he does not fear a recession. More Americans are working, they’re seeing higher wages and they’re spending their cash. “That’s about as good as it gets,” he told Fox News Sunday. “I think...
  • Patrick Buchanan: Tariffs -- The Taxes That Made America Great

    05/14/2019 2:20:31 PM PDT · by cba123 · 71 replies
    Cnsnews.com ^ | May 14, 2019 | 5:02 AM EDT | By Patrick J. Buchanan
    As his limo carried him to work at the White House Monday, Larry Kudlow could not have been pleased with the headline in The Washington Post: "Kudlow Contradicts Trump on Tariffs." The story began: "National Economic Council Director Lawrence Kudlow acknowledged Sunday that American consumers end up paying for the administration's tariffs on Chinese imports, contradicting President Trump's repeated inaccurate claim that the Chinese foot the bill." A free trade evangelical, Kudlow had conceded on Fox News that consumers pay the tariffs on products made abroad that they purchase here in the U.S. Yet that is by no means the...
  • Larry Kudlow fires back at Cory Booker's claim Obama deserves credit for economic recovery

    05/05/2019 5:33:36 PM PDT · by Innovative · 60 replies
    Fox News ^ | May 5, 2019 | Samuel Chamberlain
    National Economic Council Director Larry Kudlow denounced Sen. Cory Booker, D-N.J., Sunday after the 2020 White House candidate said President Trump was "taking credit for a recovery that started under [former President Barack] Obama." "What Mr. Booker and some others are saying is simply not true factually," Kudlow told Fox News' "America's News HQ". Kudlow spoke two days after the publication of the April jobs report, which showed that the American economy added 263,000 jobs last month while the unemployment rate fell to 3.6 percent, the lowest since 1969. Despite the rosy numbers, Booker insisted that the boom's effects were...
  • Democrats Demand End of Trump Tax Cuts — or Else No Infrastructure Funding

    04/30/2019 10:42:38 AM PDT · by Red Badger · 65 replies
    www.breitbart.com ^ | 29 Apr 2019 | SEAN MORAN
    Senate Minority Leader Chuck Schumer (D-NY) said Monday he would not support a national gas tax increase unless President Donald Trump is willing to repeal some of his administration’s tax cuts. Ahead of a meeting with Trump on Tuesday on a potential infrastructure deal, House Speaker Nancy Pelosi (D-CA) and Schumer wrote a letter to Trump, saying that an infrastructure deal must be “comprehensive and include clean energy and resiliency priorities.” Schumer and Pelosi said that the deal must “go beyond transportation and into broadband, water, energy, schools, housing and other initiatives. We must also invest in resiliency and risk...
  • Larry Kudlow: Trump won't pay down any of the national debt

    04/29/2019 10:51:27 AM PDT · by deplorableindc · 125 replies
    Washington Examiner ^ | April 29, 2019
    White House chief economic adviser Larry Kudlow told reporters Monday that President Trump is unlikely to pay off any of the national debt, currently at $22 trillion. "Whoa, whoa, it doubled under the prior eight years," Kudlow said on the White House driveway, downplaying Trump's responsibility for the current level of debt. "Yes, it's gone up a bit," Kudlow conceded, but he argued that "growth is the solution to any debt issues that might be on the table — and so far, so good. Let's just keep the policies in place."
  • White House economic advisor Larry Kudlow says Fed should still cut rates despite 3.2% GDP growth

    04/26/2019 8:25:49 AM PDT · by SeekAndFind · 34 replies
    CNBC ^ | 04/26/2019 | Michael Sheetz
    The U.S. economy is off to its best start to a year since 2015 and White House economic adviser Larry Kudlow says Federal Reserve should still add stimulus by cutting interest rates. GDP grew by 3.2% in the first quarter, which Kudlow called “a blow out number.” He said the current economy is in a “prosperity cycle” that “is gaining momentum, not losing momentum” “The inflation rate continues to slip lower and lower,” Kudlow told CNBC’s “Squawk on the Street” on Friday. “Even according to the Fed’s own spokespeople, from the chairman on down, that could open the door to...
  • White House takes victory lap on jobs numbers: ‘We told you so’

    02/01/2019 1:37:31 PM PST · by jazusamo · 26 replies
    The Hill ^ | February 1, 2019 | Tal Axelrod
    Videos at link. The White House took a victory lap Friday after the Labor Department announced 304,000 jobs were created in January, some 139,000 more than economists anticipated. “Three hundred-thousand new jobs plus, 3.2 percent increase in wages, participation rates went up, hours worked went up, it doesn’t get much better than this,” National Economic Council Director Larry Kudlow said in a video posted to the White House Twitter page. “I hate to say I told you so folks,” he added. “We’re going at 3 percent plus, and I don’t care, you can line up 8,000 pessimistas, and they’re wrong....
  • Kudlow suggests entitlement reform is coming

    09/18/2018 11:17:23 PM PDT · by The_Media_never_lie · 56 replies
    CNBC ^ | 9-18-18 | Jacob Pramuk | @jacobpramuk
    President Donald Trump's top economic advisor has given Democrats fresh ammunition for one of their most used midterm attacks. Asked Monday if the Trump administration would address "entitlement reform," White House chief economic advisor Larry Kudlow said it will "probably" look at "larger entitlements" next year. Entitlement reform generally refers to changes or cuts to large government social programs such as Social Security, Medicare, Medicaid or food stamps.
  • Larry Kudlow says he 'didn't know' party guest was publisher of white nationalist commentary

    08/21/2018 7:38:36 PM PDT · by SeekAndFind · 33 replies
    ABC News ^ | 08/21/2018 | By DEVIN DWYER and TARA PALMERI
    National Economic Council Director Larry Kudlow, the top economic adviser to President Trump, confirms a Washington Post report that he hosted at his home last weekend a controversial publisher linked to white nationalist commentary. Peter Brimelow, the publisher, founded the anti-immigration website Vdare.com. The site has become a forum for hard-line conservative views on race and immigration. "I don't regard us as a 'white nationalist' site although we certainly publish a few writers I would regard as 'white nationalist' in that they stand up for whites just as Zionists, Black Nationalists do for Jews, Blacks etc," Brimelow told the Harvard...
  • Memo To President Trump: Listen To Larry Kudlow And Fix The Unfair Capital Gains Tax

    08/01/2018 9:00:31 AM PDT · by SeekAndFind · 19 replies
    IBD ^ | 08/01/2018
    A few months before he became President Trump's top economic advisor, Larry Kudlow wrote a column urging Trump to index capital gains taxes to inflation. Thankfully, the Trump administration appears to be listening. Not only would indexing fix a glaring problem in the tax code, it would add still more juice to the economy. In a column published by IBD last August, Kudlow called the lack of inflation adjustment for capital gains taxes "an unfair and misguided policy that punishes risk and success." He said Trump "should use his executive authority — as he so often has to drain the...
  • Larry Kudlow: E.U. now backs Trump's trade fight with China

    07/26/2018 11:04:27 AM PDT · by GonzoII · 21 replies
    The Washington Times ^ | Thursday, July 26, 2018 | S.A. Miller
    President Trump’s chief economic adviser said Thursday that European Union Commission President Jean Claude Juncker pledged to back the U.S. trade fight against China. The commitment to take on China’s trade abuses was made as part of the breakthrough zero-tariff deal struck this week by Mr. Trump and Mr. Juncker, said Larry Kudlow, director of the president’s National Economic Council. “The United States and the E.U. will be allies in the fight against China, which has broken the world trading system,” Mr. Kudlow said on Fox Business Network’s “Varney & Co.” He said that China attempted to enlist the E.U....