Posted on 03/14/2018 12:14:25 PM PDT by Kaslin
President Trump has chosen economist Larry Kudlow to replace Gary Cohn as his senior economic advisor and leader of the National Economic Council.
Kudlow, best known for his time as a host on CNBC of "The Kudlow Report," will join the administration in the coming weeks. Cohn is leaving on good terms after disagreeing with the President on the implementation of tariffs.
"This is Gary Cohn's last meeting in the Cabinet and of the Cabinet. He has been terrific. He may be a globalist but I still like him," Trump said last week. "And he is a globalist there's no question. But you know what, in his own way he's a nationalist. Because he loves our country."
"He's going to go out and maybe make a couple hundred million and then maybe he's going to come back, right? We'll be here another seven years hopefully and, that's a long time but I have a feeling he'll be back. I don't know if I could put him in the same position though, he isn't as strong on those tariffs as we'd like," he continued.
Kudlow is a supporter of NAFTA and was a proponent of President Trump's jobs and tax reform plan. Like Cohn is against tariffs, recently wrote an op-ed with economist Stephen Moore titled, "Tariffs are taxes."
"Steel and aluminum may win in the short term, but steel-and-aluminum users and consumers lose," he wrote. "Tariffs are really tax hikes. Since so many of the things American consumers buy today are made of steel or aluminum, a 25 percent tariff on these commodities may This is a developing story, stay tuned for updates.
Great to have a supply sider. I heard he’s come around on targeted tariffs.
Would have preferred Navarro. Don’t like the CIA pick either. My concern is Trump is replacing globalists with globalists.
They cant understand that it is a constitutional duty to make commerce regular. Hence, they cant understand that over half of this counties existence that the federal government was FUNDED through excise taxes. There was NO income tax and the present income tax is UNCONSTITUTIONAL.
The are like spoiled children. Real losers.
Not according to his writings over the last week or so.
It is because free traders are in fact making their money off foreign investments.
Now there is nothing wrong with that, except when they damage the dam country they live in by insulting the REAL Americans who are scrimping and scratching trying to make a living here. The free Traders are globalists and they could give a rats ass about Americans.
I am for trade. Everybody I know is for trade-FAIR TRADE! A friggan dollar for dollar trade.
No kidding. I am starting to doubt Trump’s lauded skills as “hiring the best”.
I agree that one globalism is good, and the other isn’t; but sadly it seems many conservatives now oppose both...
One way to counter their confusion is to NOT open international trade in the marketplace “globalism”. They’re confused enough already. I reserve “globalism” for the Leftist agenda of Global Totalitarian Government, whereas I simply call the other “voluntary international trade” ( “VIT”(?)).
THIS IS EVIL!!!!! Free Traitors™ aren't just wrong they are doing something I consider evil.
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