Friday, March 16, 2018

Larry Kudlow Is a Big Upgrade for Trump's White House

Kudlow has been a decades-long champion of these ideas, and those with coherent philosophies tend to offer some stability and continuity.

Kudlow is also a noticeable upgrade over the outgoing Gary Cohn, not only because he has been a far more consistent voice for free markets-Cohn's support of carbon tax and a value added tax, and rumored moderating disposition on tax reform were all worrisome clues-but also because the syndicated columnist and former TV host is better equipped to sell those ideas to the public and lawmakers.

Kudlow, it's been reported, also played a role in persuading senators to support tax reform despite the intense political opposition, and hysterical warnings about the bill's homicidal intent and supposed enduring unpopularity.

"I want to have a divergent opinion. We agree on most. He now has come around to believing in tariffs as a negotiating point." Trump hired Kudlow even though he co-wrote a piece for National Review only two weeks ago arguing that imposing tariffs on steel and aluminum imports is tantamount to imposing sanctions on your own country-"a crisis of logic." Kudlow, a former White House budget aide for President Ronald Reagan, has long held positions on NAFTA and trade in general that are diametrically opposed to the president's, which undermines the idea that Trump is rigidly opposed to any dissent within the administration.

While Kudlow immediately restores some balance in a White House that has picked up the protectionist rhetoric lately, it's highly unlikely that the propelling idea of Trump's electoral success will be shelved simply because he tapped a new adviser, no matter how convincing or compelling his arguments might be.

It's worth considering that Kudlow might mitigate some of the worst inclinations of the protectionist wing.

Many liberal columnists have already lined up to point out that Kudlow has made some bad predictions in the past.

http://reason.com/archives/2018/03/16/larry-kudlow-is-a-big-upgrade-for-trumps 

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