The White House’s top economic adviser Larry Kudlow appeared Tuesday on CNBC to assure investors about coronavirus.
This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=1293449
The White House’s top economic adviser Larry Kudlow appeared Tuesday on CNBC to assure investors about coronavirus.
”sudden” increase in new coronavirus cases was “very concerning
Does not equal ‘Let us not overreact.” (Kudlow)
Gaslighting again or Incompetence?
The Trump Regime is NOT ONLY a national security risk but they are also a health risk!
If there’s one thing that will drive tRump nuts, it’s not being able to control something. He can’t tell the virus, you’re fired and everything will be made right. And, I’ll repeat this again, it’s not about the virus, it’s about fricking Wall Street and making tRump’s numbers go down. All of these people are so transparent, it is just sickening.
Kudlow’s reach exceeds his grasp.
But will they underreact?
Just to make this easy, Larry Kudlow gets something wrong somewhat less often* than Trump says something false – but in fairness no one can keep up with Trump’s fire-hose of bullshit – and seems somewhat less malicious than most of Trump’s punks but that’s as good as it gets.
So in other words he lied and it’s a day ending in Y
Kudlow can’t get the basics of the economy right, so we have no reason to believe anything he says about anything else. This is just meant to stop people from panicking…the strength of the economy is the only thing propping Trump up, if that falters then he’s toast. And, it’s really not that strong in any case…too many people are one paycheck away from disaster. If they all would just rise up and vote Trump and the Republicans out they would lose in a landslide.
Ben Hunt at Epsilon Theory has been banging the “institutions lie” drum about the virus for quite some time. His post from a couple of days ago does a good job of describing the mindset of the political respondent: https://www.epsilontheory.com/the-fall-of-wuhan/
Nothing like watching Donald J for jenius getting outwitted by a virus.
He’s an idiot with no formal economic credentials—let alone any medical knowledge (other than his addiction experiences). More troubling to me was his actually telling viewers to buy stocks, while his insight into how the global and US economies will be affected by the health emergency is precisely zilch. The “numbers” he referred to are all backward looking.
Larry, the market’s 7% downturn is telling you to shut up.
To be fair, superior life forms do tend to win out over lesser ones - Darwinian Selection, doncha know…
Yes!
In Trumpworld they are viewed as complementary.
Stocks are still going down. Declining stocks in a slowing economy. Bad sign.
Of course, Donald has ridden President Obama’s economic coattails for three years, taking credit for an economy for which he’s done nothing but leech off of.
Well, the impressive Obama cycle is finally winding down, and Donald has no idea how to make money.
Legally.
Kansas City Shuffle. While press is obsessed with coronavirus and Trump administration bumbling response, not political appointees may be targeted by “the purge”.
Makes you wonder how this factors in:
And his reach is pretty limited.
popcorn ?
Anyone with an actual dog in the fight isn’t listening to a damn thing this administration says …about anything.
This news conference tonight ought to reassure everyone…