Jan 04
A recap of Kudlow’s keypoints today on The Call. He could be a very successful White House Press Secretary with his lack of rationale and contempt for anything remotely based in reality:
- He doesn’t like people saying the “R” word because we are not heading for recession.
- He wants 50 bps cut
- “Inflation is the most overrated thing in the history of the world”
- Rate cuts have no correlation to inflation
- Consumer growth at 2% after inflation (maybe using the cooked book version of inflation)
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January 4th, 2008 at 1:04 pm
It’s amusing to see his show every day and his crazy rationalizations. Hell of a shill, that guy.