Kudlow: Economy Healthy Despite Missing 3% Growth Target
Kudlow: Economy Healthy Despite Missing 3% Growth Target
White House economic adviser Larry Kudlow shrugged off the economy's 2019 performance after the U.S. missed the Trump administration's 3% growth target for a second straight year, posting its slowest annual growth in three years in 2019 as the slump in business investment deepened amid damaging trade tensions.
The veteran financial guru and former Ronald Reagan adviser told Fox Business Network "it is a fundamentally healthy economy."
Kudlow also expressed confidence that activity will accelerate this year, a view not widely shared outside the administration.
“The American economy is in a boom right now and with middle-class wages rising, blue-collar wages rising, income distribution is narrowing, stock markets are roaring, household net wealth is soaring,”
ME: Of course its good. Its great. We are at full employment. What the fuck else does everyone want. Its time to work, earn, play the markets maybe, and live your lives.