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Most Ricochet Podcasts follow a longstanding format: A little chat with the hosts, a couple of guests, some closing thoughts, a tune, and we’re out. But when you’ve got our old friend and current White House chief economic adviser Larry Kudlow on the podcast just hours after some very strong economic news, well, you throw out your format and let Larry drive the bus. We talk to him about the economy, about the Fed, and a bit about his health (spoiler alert: he’s doing great). Also, we belly up to the Barr, and Rob Long gives his take on the current cold war between Hollywood writers and their agents.
Music from this week’s show: Hats Off To Larry by Dell Shannon
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That is the only plan all the time. People act like Trump is so horrible in this regard. He isn’t.
Medicare Part D was a $9 trillion unfunded liability so they could finish off Iraq. Everything is like that.
This discussion keeps getting better and not from anything I said. Must read.
http://ricochet.com/619157/why-are-republicans-motivated-to-control-spending/#comment-4482589
Fair enough: We really should have asked about spending–the more so now that the president and the Democratic congressional leadership have agreed on a $2 trillion infrastructure project. But Yeti has plans to corner Larry once again before long.
Inevitable:
I love when Kudlow is on. It reminds me why I loved his own podcast. He does sound like he is having a ball! Senior member! Too funny.
What a breath of fresh air. Finally turning the guns on the real enemy.
Basil,
Oh comon Basil, even Chuckles might contact us from the Great Beyond with a Yaahooo!!!!
Basil, you’ve got to loosen up.
Regards,
Jim
After all, what’s a little covfefe among friends?
I enjoy Larry Kudlow and would like to hear him on every episode. I also would love to have Londo Mollari as guest; he would gave great insights on international affairs.
Come to think of it, I’d love to hear Larry Summers tell us how he was “struggled” and brainwashed by the feminists.
In the end, of course, ”he loved Big Sister.”
I, too, skipped this episode at first, because it didn’t seem terribly interesting.
But I was wrong: it turned out to be quite entertaining, above-average for the series.
Larry Kudlow is without question the most effective evangelist of free market capitalism since Milton Friedman. For those who pay close attention, Larry’s personal story of struggle and redemption amplify his message. His frequent references to God’s good grace – I am grateful for Larry Kudlow, and he is clearly grateful. God bless Larry Kudlow.
Yes, Larry Kudlow operates in the environment where massive institutional flaws exist, and those flaws will need institutional correction before we arrive at the Kevin Williamsonian catastrophic event. On net, Larry Kudlow is a big positive.
The problem is the way they have been manipulating the price of money—the interest rate—since 1996 at least ,is really interfering with the fairness and dependability of it in multiple ways. It makes people want socialism and populism, and it makes conservatism and libertarianism a very hard sell. It grows state power. Conservatism and libertarianism have to have free market interest rates to work. JMO.
I basically agree with you as long as he leaves out the “King Dollar” stuff. I sort of don’t blame your typical Republican for not supporting it. It’s very problematic to do the right thing here. Steve Scalese and a few others are working on it.
(The KW link didn’t work for me. His book is excellent. must read.)
Welcome to the party, pal. This is an inescapable conclusion based on information already in the public record:
The incestuous corruption of the federal government by the Democrats and the Mainstream Media gets deeper and dirtier the closer you look. The Democrat Party, the MSM, and the federal government are fully integrated and virtually indistinguishable in this whole “Russia Collusion” hoax, and all of them are perfectly willing to lie to push their false narrative.
The federal government is the Democrat Party is the Mainstream Media. The cancer has metastasized.
The whole Maria Bartaromo show was just devastating on SpyGate, this morning. She and her producers just nailed it.
I got to wondering, how many people remember that “Hello, Larry” was the name of the show that was supposed to make McLean Stevenson an independent TV star after he left MASH?
There are some fairly conservative economists who argue that inflation is not “almost non-existant” but instead in the places where it’s not included and where government meddles the most – healthcare, education. So, I hate the statement that inflation is not there. Also, the numbers of people who are not included in the labor force is still very high – something we used to criticize on the right during the Obama administration, so we shouldn’t sound so joyful about these unemployment numbers.
Furthermore, despite the claims that the Dollar is strong, we haven’t made much headway against the Euro – which includes some struggling countries in its numbers. Arguably, the only reason the Dollar has remained ‘strong’, is because of all of the Brexit machinations. If we really want a strong dollar, shouldn’t we start worrying about the deficit. It can be pretty embarrasing to me a member of the only party that grumbles about the deficit when we are not in power, and then spends like drunken Keynsians when we are in power.
https://moneymaven.io/mishtalk/economics/jobs-263-000-vs-employment-103-000-unemployment-rate-3-6-lowest-since-1969-P7u8E-LuOEiSrpPqNlTrIA/
Everyone that controls Western countries wants weaker currencies, so they all get weaker against each other all the time. Which means they don’t look weaker. That’s how you get reelected, and that’s how you steal from the government.
Right now it’s going into real estate and capital markets and government.
We can’t keep having real estate markets go up and up when globalize labor and robots is supposedly making our lives better through purchasing power. You can’t shift all those jobs and keep having shelter go up. Same thing with healthcare and education.
UBI, socialism, populism, wealth taxes…yada yada yada.
https://twitter.com/RandyEBarnett/status/1125407437740302336
Sorry Rob, I don’t feel sorry for your higher taxes in a high tax state. If you people vote for higher taxes you should pay higher taxes, and leave us who don’t live in high tax states alone. I don’t want to subsidize taxes for those who make poor decisions in high tax states.
There was a comic book in the early 1990s, which I can’t remember the title, that had McLean Stevenson as the butler for the team.
Richochet Top Guys & Larry,
Just remember to keep your hand off the abort controller.
We’re on our way.
Regards,
Jim
I was a little surprised to hear Lileks chime in with me too on that topic. Didn’t realize how oppressive taxes are in Minnesota.
Maybe that’s the main reason Rob is finally leaving the foundering ship of PRC (People’s Republic of California)? The rest of the country is no longer helping to pay his state taxes. Plus if he isn’t currently running any show, keeping homes on both coasts or staying in hotels in NYC might be just plain too expensive.
But isn’t he leaving for New York? Not sure if that would really help. It could help on paperwork by being a permanent resident of New York, based on my understanding from listening to Rush many years ago. He complained about how the state would hammer him for documentation for when he was and wasn’t in the state so he stopped doing visits to the New York studio after his move to Florida.
I think he is, yes. But one home in New York should cost less than home plus hotels.
Larry Kudlow and the rest of the co-hosts shouldn’t underestimate the ability of many people -voters – to believe they can vote for Democrats to take the current great (Trump) economy, then ADD socialism and have things REALLY great! Of course they’re wrong, but you can’t convince them. And if they get their way, when things crater they’ll blame Republicans, somehow.
Listening to Larry smack through hints about lunch being had, I conclude he’s put the plate back in platitudes, many of which exited his mouth as bites of a sandwich entered.