Pro TPP, pro open borders.
RE: Pro TPP, pro open borders.
Kudlow was an early supporter of Donald Trump but has voiced doubts about Trump’s views on trade and monetary policy. I’m sure Trump is aware of that.
But on its own, the Council of Economic Advisers has little political power and its influence generally rises or falls with the personality of the chair and his or her relationship to the president. The group is composed of three economists, typically from academia. Mr. Kudlow would be the first CEA chair without a Ph.D.
Kudlow is a strong supporter of supply-side economics, a prevailing economic philosophy of the Reagan administration that says reducing marginal tax rates will spur growth, create jobs and boost tax revenue for the government.
Last week, he said the U.S. should issue debt with a maturity of up to 100 years to lock in low borrowing costs, supporting a view echoed by other Trump economic advisers. See here:
http://www.cnbc.com/2016/12/09/larry-kudlow-us-should-issue-100-year-bonds-asap.html