Showing posts with label Larry Kudlow. Show all posts
Showing posts with label Larry Kudlow. Show all posts

Friday, December 9, 2011

Newt The Communicator, Newt The Most Effective Conservative, & Newt The Mad Scientist

Kudlow Hearts Gingrich, Sees His Economic Bona Fides As Superior To Romney

Larry Kudlow, the CNBC and NRO economic guru, interviewed Newt Gingrich the other day and was quite impressed. This from Mr. Kudlow:

Say what you will about former Speaker Newt Gingrich. His philosophy, his policy proposals, his track record, his campaign, and all the rest. But the one thing you have to acknowledge about Gingrich is that he’s a sizzler. He has a way with words. And he’s as good a communicator as anyone in modern politics.

In my CNBC interview with Gingrich this week, he slammed President Obama’s tax-the-rich, class-warfare attack on bank’s and businesspeople. He hammered Obama, calling him a hard-left radical who is opposed to free enterprise, capitalism, and “virtually everything which made America great.”

It was a brutal, frontal, hard-hitting attack on the president. He called Obama “the candidate of food stamps, the finest food-stamp president in American history.” He said, “I want to get equality by bringing people up. [Obama] wants to get equality by bringing people down.” He said, “I want to be the guy who says, ‘I want to help every American have a better future.’ [Obama] wants to make sure that he levels Americans down so we all have an equally mediocre future.”

Now, I haven’t heard any of the other GOP candidates offer that kind of response to Obama’s recent class-warfare speech. Maybe I’m missing something. But I haven’t heard it from Mitt Romney or the others in a sizzle fashion, which is the way Gingrich operates.

Frankly, Romney ought to be beating back Obama right now. He should at least be asserting that America’s free-enterprise, capitalist system rewards success, not punishes it, and that free-market economics — including supply-side tax-cut policies, worked in the 1920s under Calvin Coolidge, in the 1960s under Democrat John F. Kennedy, and again in the 1980s under Ronald Reagan.

In fact, Bill Clinton joined with Gingrich in the 1990s to slash the capital-gains tax, cut spending, and enact welfare reform, all of which kept the Reagan boom going. Over 40 million jobs were created in the two decades that followed Reagan’s supply-side tax cut. . . .


Read the entire article here. Kudlow goes on to suggest that Gingrich's record on economic policy is superior to Romney's.

Peggy Noonan On Why Gingrich Is "Inspiring & Disturbing:"

Peggy Noonan writes on the two opposing views of Newt Gingrich, one as a supremely effective conservative leader, another as a mad scientist of sorts. This from Ms. Noonan:


. . . Republicans on the ground who view Mr. Gingrich from afar, who neither know nor have worked with him, are more likely to see him this way: "Who was the last person to actually cut government? Who was the last person who actually led a movement that balanced the federal budget? . . . The last time there was true welfare reform, the last time government was cut, Gingrich did it." That is Rush Limbaugh, who has also criticized Mr. Gingrich.

And that is exactly what I've been hearing from Newt supporters who do not listen to talk radio. They are older voters, they are not all Republicans, and when government last made progress he was part of it. They have a very practical sense of politics now. The heroic era of the presidency is dead. They are not looking to like their president or admire him, they just want someone to fix the crisis. The last time helpful things happened in Washington, he was a big part of it. So they may hire him again. Are they put off by his scandals? No. They think all politicians are scandalous. . . .

Those who know him fear—or hope—that he will be true to form in one respect: He will continue to lose to his No. 1 longtime foe, Newt Gingrich. He is a human hand grenade who walks around with his hand on the pin, saying, "Watch this!"

What they fear is that he will show just enough discipline over the next few months, just enough focus, to win the nomination. And then, in the fall of 2012, once party leaders have come around and the GOP is fully behind him, he will begin baying at the moon. He will start saying wild things and promising that he may bomb Iran but he may send a special SEAL team in at night to secretly dig Iran up, and fly it to Detroit, where we can keep it under guard, and Detroiters can all get jobs as guards, "solving two problems at once." They're afraid he'll start saying, "John Paul was great, but most of that happened after I explained the Gospels to him," and "Sure, Daniel Kahneman won the Nobel Prize, but only after I explained how people can think fast, slow and at warp speed. He owes me everything."

There are many good things to say about Newt Gingrich. He is compelling and unique, and, as Margaret Thatcher once said, he has "tons of guts."

But this is a walk on the wild side.

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Friday, July 11, 2008

McCain Passes Economics 101 With High Marks


Some time ago, McCain admitted that his weakness was economics. At the start of the semester / campaign season, he was pushing an economy busting cap and trade plan and refusing to allow drilling even in the face of our energy crisis. Today, cap and trade is dead, taxes are to be lowered, the dollar to be made stronger, and McCain has a sensible energy plan. Even Larry Kudlow's giving him a gold star. The Danes don't even think we need an election, from their viewpoint. I fully concur with their logic.
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On Monday at a town hall in Denver, John McCain laid out his "Jobs for America" plan that you can find here. You can also find an online briefing detailing the plan here. Then there is this from Larry Kudlow writing at NRO:


After writing favorably about Sen. McCain’s recent economics speeches, where he clearly shifted toward the supply-side both on tax cuts and producing more energy, I went back last evening and carefully read his 15-page policy pamphlet called “Jobs for America.” Here’s what I found:

There is no mention of cap-and-trade. None. Nada. There is a section about “Cheap, Clean, Secure Energy for America: The Lexington Project.” But that talks about expanded domestic production of oil and gas, as well as the need for more nuclear power and coal along with alternative sources. Then it has the $300 million battery and flex-fuel cars. But nope, no cap-and-trade. So I picked up the phone and dialed a senior McCain official to make sure these old eyes hadn’t missed it. Sure enough, on deep background, this senior McCain advisor told me I was correct: no cap-and-trade. In other words, this central-planning, regulatory, tax-and-spend disaster, which did not appear in Mac’s two recent speeches, has been eradicated entirely — even from the detailed policy document that hardly anybody will ever read. So then I asked this senior official if the campaign has taken cap-and-trade out behind the barn and shot it dead once and for all — buried it in history’s dustbin of bad ideas. The answer came back that they are interested in jobs right now — jobs for new energy production and jobs from lower taxes. At that point I became satisfied. . . .

. . . I might add that in this lengthy policy document there’s a strong statement about appreciating the value of the dollar. “John McCain’s policies will increase the value of the dollar and thus reduce the price of oil.”This is good. It’s not perfect. Neither is McCain’s tax plan and new energy plan. But it is excellent progress.


Read the entire post. (H/T Classical Values.) Now it would seem time for Econ 102.

This is all quite good news. Though even without these big strides, the worst McCain could do is far less than the far left who seem prepared to sing the requiem for capitalism and enact socialism in one fell swoop, shades of Britain in 1946.

Not surprisingly, there is a tremendous amount of interest in the U.S. general election overseas, though there is also some confusion as shown in this e-mail from some individuals in Denmark:



We in Denmark cannot figure out why you are even bothering to hold an election.

On one side, you have a bitch who is a lawyer, married to a lawyer, and a lawyer who is married to a bitch who is a lawyer.

On the other side, you have a true war hero married to a woman with a huge chest who owns a beer distributorship.

Is there a contest here?.


This joke cribbed, with great appreciation, from fellow Watcher's Council member The Colossus of Rhodey, with a hat tip to Soccer Dad.


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