T.V. PUNDIT WHO BLEW THE FINANCIAL CRISIS COULD BE TRUMP’S NEXT GARY COHN
The Dotard is expressing support for Kudlow. Sounds like the sort of guy only Donny and Whell could love...
https://www.vanityfair.com/news/2018...next-gary-cohn
For those who need a refresher, Kudlow’s résumé includes:
Time serving in the Reagan administration, where he espoused the sort of supply-side economic policies that conservatives have sexual fantasies about;
Seven years as Bear Stearns’s chief economist, during which he was addicted to drugs and alcohol, and was subsequently forced to resign on categorically unfriendly terms after failing to show up for a huge event at which he was the featured speaker (Kudlow maintains he was “sick,” and that “a communications gap” was to blame for him not calling someone to say he wouldn’t be coming);
A job as the talking-head host of The Larry Kudlow Show on CNBC;
A record of no good, very bad predictions that would generally preclude a person from being in the running for a job as the president’s top economic adviser, but in Trump world make him a front-runner. Some of Kudlow’s greatest hits include the time, on December 7, 2007, he said: “There’s no recession coming. The pessimistas were wrong. It’s not going to happen. . . . The Bush boom is alive and well. It’s finishing up it sixth consecutive year with more to come.” Or on January 16, 2008, when he declared: “[B]anks are taking significant steps to repair their balance sheets. Even though some people might not be happy with the speed, the reality is things are improving.” Or when he predicted, on February 5, 2008: “I’m going to bet that the economy will be rebounding sometime this summer, if not sooner. We are in a slow patch. That’s all. It’s nothing to get up in arms about.” Then, of course, there was his poetic attempt to save face, when he wrote a blog post for CNBC called “The Therapeutic Power of Recessions.”