Quotes by Lawrence Kudlow - Page 2

Hillary is a combination of Barack Obama 3.0 and Bernie Sanders 2.0. This is not change. This will not yield strong growth, lift jobs and wages, and make America more globally competitive.
Lawrence Kudlow / Economist
Barack
Combination
Wages
Yield
Barack Obama
Bernie Sanders
Competitive
Hillary
Lift
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From 1950 to 2000, the U.S. economy grew at an average rate of 3.5 percent. That generated a massive gain in real GDP per person from $16,000 to over $50,000. A huge win for the middle class.
Lawrence Kudlow / Economist
Average
Gdp
Massive
Middle Class
Rate
Gain
Per
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Corporate share prices should not be driven by political tax games. Profits, not Washington shenanigans, should be the mother's milk of stocks. And this shouldn't be a partisan political issue.
Lawrence Kudlow / Economist
Corporate
Driven
Milk
Partisan
Prices
Profits
Stocks
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I argued that until FBI director James Comey gives a green light to new visas, and not until we completely reform the vetting process for new foreign visitors, that the borders should be sealed.
Lawrence Kudlow / Economist
Borders
Fbi
Green
Reform
Visitors
Argued
Green Light
James
Sealed
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I never had any friends beyond a certain superficial level. We hate to admit weaknesses. We were raised to want to get ahead, to be good and clever and successful. You're just ashamed to open up.
Lawrence Kudlow / Economist
Ashamed
Clever
Superficial
Admit
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France has been an American ally for about 250 years. It is a key member of NATO. But President Obama never stood shoulder to shoulder with Hollande and asked for a declaration of war against ISIS.
Lawrence Kudlow / Economist
Declaration
Nato
President Obama
Ally
Member
Shoulder
Stood
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Let's bring in Donald Trump. He wants to lower taxes across the board for individuals and large and small businesses, significantly reduce burdensome regulations, and unleash America's energy resources.
Lawrence Kudlow / Economist
Board
Burdensome
Donald
Donald Trump
Lower Taxes
Reduce
Regulations
Small Businesses
Unleash
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Most elected officials cling to their ideological biases, despite the real-world facts that disprove their theories time and again. Most have no common sense, and most never acknowledge that they were wrong.
Lawrence Kudlow / Economist
Common Sense
Political
Real
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I'm going to reveal the grand secret to getting rich by investing. It's a simple formula that has worked for Warren Buffett, Carl Icahn and all the greatest investment gurus over the years. Ready? Buy low, sell high.
Lawrence Kudlow / Economist
Investing
Ready
Rich
Secret
Simple
Buy
Sell
Grand
Low
Reveal
Warren
Warren Buffett
Worked
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The economy has barely recovered from the so-called 'Great Recession', with a 2 percent annual rate of growth since mid-2009. Peak worker wages, business investment, and productivity all occurred around the year 2000.
Lawrence Kudlow / Economist
Investment
Productivity
Rate
Wages
Annual
Barely
Worker
Occurred
Peak
Recession
So-Called
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JFK inherited three recessions from the Dwight D. Eisenhower years. And he wound up slashing tax rates across the board, for upper, middle and lower incomes as well as corporate investment. That's Kennedy the Democrat.
Lawrence Kudlow / Economist
Corporate
Democrat
Dwight
Investment
Middle
Tax
Across
Board
Eisenhower
Incomes
Inherited
Jfk
Lower
Rates
Slashing
Upper
Wound
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Arthur Laffer has taught us, 'If you tax something, you get less of it.' That's why firms are moving offshore in droves. It's not about being unpatriotic. It's that it doesn't pay, after-tax, to invest in the United States.
Lawrence Kudlow / Economist
Arthur
Moving
Offshore
Pay
States
Taught
United States
Unpatriotic
Tax
Why
Less
Invest
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The biggest flaw in the Trump economic plan is the tilt toward protectionism. I have parted company with him on this. The question here is whether his campaign bark will turn out to be bigger than his government-policy bite.
Lawrence Kudlow / Economist
Bark
Protectionism
Tilt
Bite
Campaign
Flaw
Parted
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Pat Buchanan attacks me as 'worshipping at the church of GDP.' But in a CNBC 'Kudlow and Company interview', I reminded him that I also worship at the church of Catholic Mass, as do the vast majority of the Mexican immigrants.
Lawrence Kudlow / Economist
Catholic
Gdp
Immigrants
Mass
Mexican
Worship
Attacks
Vast
Interview
Pat
Vast Majority
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Tax reform likely will be the first policy action in a Trump administration. A close second will be a thorough repeal and rewrite of Obamacare, restoring a freer market with true consumer choice and competition among providers.
Lawrence Kudlow / Economist
Administration
Providers
Restoring
Tax Reform
Thorough
Be The First
Consumer
Freer
Repeal
Rewrite
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A long time ago, I watched President Reagan repeat a few simple points about the benefits for everyone of lower taxes, light regulations, and limited government. Successful policies are sold by repetition, not unrelated tangents.
Lawrence Kudlow / Economist
Benefits
Limited Government
Long Time Ago
President Reagan
Repetition
Lower Taxes
Policies
Regulations
Repeat
Sold
Unrelated
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I believe China is a major trade violator. The Chinese break all the rules. They counterfeit our goods, steal our international property rights, and hack the computers of our industries and government. Something must be done about it.
Lawrence Kudlow / Economist
Computers
Break
China
Counterfeit
Goods
International
Property Rights
Rights
Government Done Believe
Rules
Hack
Industries
Major
Steal
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Corporate tax reform should include not just large C-corps but also smaller business S-corps and LLC pass-throughs. And nearly as important as cutting business tax rates is the need to simplify the inexplicably opaque and complex system.
Lawrence Kudlow / Economist
Corporate
Cutting
Opaque
Tax Reform
Nearly
Complex System
Include
Rates
Smaller
Tax Rates
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When businesses don't spend and invest, they don't hire and cannot offer better-paying jobs. Business investment and wages are two sides of the same mirror. If a company purchases five trucks rather than 10, there are five fewer trucking jobs.
Lawrence Kudlow / Economist
Fewer
Investment
Sides
Wages
Invest
Hire
Purchases
Trucks
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According to Breitbart, data from the Federal Election Commission show that Facebook staff gave $114,000 to Hillary Clinton. The next-closest recipient of political money was former Republican presidential candidate Marco Rubio. He only got $16,604.
Lawrence Kudlow / Economist
Clinton
Data
Election
Former
Presidential
Staff
According
Candidate
Facebook
Hillary
Hillary Clinton
Recipient
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Great innovators like Thomas Alva Edison, Henry Ford, and Andrew Carnegie didn't rely on government. There was hardly any of it in those days. More recently, Steve Jobs, Bill Gates, and Larry Ellison used genius to put brand-new ideas into production.
Lawrence Kudlow / Economist
Andrew
Gates
Innovators
Larry
Rely
Bill Gates
Edison
Ford
Hardly
Steve
Thomas
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Now you know my credo: Free-market capitalism is the best path to prosperity. And let me add to that from our Founding Fathers: Our Creator endowed us with the inalienable rights to life, liberty, and the pursuit of happiness. In other words, freedom.
Lawrence Kudlow / Economist
Happiness
Best
Freedom
Add
Capitalism
Creator
Founding
Liberty
Path
Prosperity
Pursuit
Pursuit Of Happiness
Rights
Life Happiness Freedom
Life Best Freedom
Words
Life Happiness Best
Now
Me
Endowed
Fathers
Founding Fathers
In Other Words
Inalienable
Other
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If the U.S. wants to destroy ISIS, it can destroy ISIS. We won't end terrorism around the world. But we can destroy ISIS in Syria and Iraq. Prominent generals are telling us that. Prominent national-security strategists are telling us that. So let's do it.
Lawrence Kudlow / Economist
Prominent
Syria
Terrorism
Destroy
Generals
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Kennedy had already, in 1962, lowered investment taxes on business. And after his tragic assassination, his broader tax proposals were passed into law in early 1964. And they worked. The U.S. economy grew by roughly 5 percent yearly for nearly eight years.
Lawrence Kudlow / Economist
Assassination
Investment
Tragic
Broader
Nearly
Lowered
Passed
Proposals
Roughly
Yearly
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Here's what we must do: Completely reform the vetting process for immigrants and foreign visitors. Change the screening process. Come up with a new visa-application review process. Stop this nonsense of marriage-visa fraud. And in the meantime, seal the borders.
Lawrence Kudlow / Economist
Borders
Fraud
Immigrants
Nonsense
Screening
Visitors
Meantime
Review
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The E.U.'s tax and regulatory policies, climate-change and welfare spending, and free immigration even in wartime are gradually ruining Europe. That's why I believe Brexit is good for British freedom, political autonomy, and the survival of democratic capitalism.
Lawrence Kudlow / Economist
Autonomy
Capitalism
Immigration
Survival
Wartime
Welfare
Brexit
Gradually
Policies
Regulatory
Ruining
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Trade is the key to the economic outlook in Britain and the E.U. Many corporate chieftains joined large bank CEOs and the fearmongering IMF to suggest that the E.U. will deal harshly with Britain if it leaves and stop all trade. That's mutually assured destruction - MAD.
Lawrence Kudlow / Economist
Assured
Britain
Corporate
Destruction
Imf
Outlook
Bank
Ceos
Harshly
Joined
Leaves
Mutually
Suggest
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We were endowed by our Creator with the inalienable rights of life, liberty and the pursuit of happiness. We were not endowed by the Federal Government. We were not endowed by entitlements. We were not endowed by pork barrel spending; we were not endowed by budgetary earmarks.
Lawrence Kudlow / Economist
Creator
Entitlement
Federal Government
Liberty
Pork
Pursuit
Pursuit Of Happiness
Barrel
Budgetary
Endowed
Inalienable
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Democrats like Hillary Clinton and Bernie Sanders want to raise taxes on the rich, saying it will solve inequality. It won't. All that will do is significantly reduce incentives to work, save, and invest. But I say inequality is not the problem. The problem is a lack of growth.
Lawrence Kudlow / Economist
Clinton
Incentives
Inequality
Bernie Sanders
Invest
Democrats
Hillary
Hillary Clinton
Reduce
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For the life of me, I cannot understand Clinton and her proposed across-the-board tax hikes on individuals, businesses and investors. I cannot fathom her plans for increased regulatory burdens, which include more government-run healthcare and a halt to the fossil-fuel energy boom.
Lawrence Kudlow / Economist
Clinton
Fathom
Halt
Healthcare
Investors
Plans
Life Me Energy
Boom
Burdens
Hikes
Include
Proposed
Regulatory
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Many people do not understand that business investment is a critical prosperity-booster, leading to more jobs, higher wages, and stronger family income. Put another way, rising tax and regulatory burdens that penalize investors and businesses also punish middle-income wage earners.
Lawrence Kudlow / Economist
Jobs
Another Way
Critical
Higher
Income
Investment
Rising
Stronger
Tax
Family Business People
Understand
Burdens
Earner
Leading
Punish
Regulatory
Wage
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In the 1980s and 1990s, radical change in economic policies fostered by Ronald Reagan and Margaret Thatcher put the brakes on government planning and ushered in a new free-market supply-side era and a two-decade boom. That model has been abandoned in the new century. This must be reversed.
Lawrence Kudlow / Economist
Government
Abandoned
Century
Economic
Planning
Radical
Radical Change
Change Must New
Boom
Brakes
Economic Policies
Era
Model
Fostered
Margaret
Policies
Reagan
Reversed
Thatcher
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New WikiLeaks-provided e-mails from Clinton aide Doug Band reveal the true nature of the Clinton cash operation: No matter what the stated humanitarian goals of the Clinton Foundation, every fiber and sinew of the organization is wrapped in self-dealing, self-enrichment, fraud, and corruption.
Lawrence Kudlow / Economist
Cash
Clinton
Fiber
Fraud
True Nature
Aide
Operation
Reveal
Stated
Wrapped
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Under Bill Clinton's HUD Secretary Andrew Cuomo, Community Reinvestment Act regulators gave banks higher ratings for home loans made in 'credit-deprived' areas. Banks were effectively rewarded for throwing out sound underwriting standards and writing loans to those who were at high risk of defaulting.
Lawrence Kudlow / Economist
Home
Andrew
Clinton
Community
Made
Risk
Secretary
Sound
Standards
Throwing
Act
Area
Banks
Bill
High
Effectively
Gave
Loans
Ratings
Rewarded
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Putting aside the growing threat from Islamic jihadist terrorism, most of America's problems are home grown. So when I say overthrow the establishment to fix the economy, and the brilliant businessman Wilbur Ross says we need radical new approaches to government, we're talking two sides of the same coin.
Lawrence Kudlow / Economist
Brilliant
Islamic
Sides
Terrorism
Approaches
Aside
Coin
Overthrow
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Research has shown that middle-income wage earners would benefit most from a large reduction in corporate tax rates. The corporate tax is not a rich-man's tax. Corporations don't even pay it. They just pass the tax on in terms of lower wages and benefits, higher consumer prices, and less stockholder value.
Lawrence Kudlow / Economist
Corporate
Corporations
Reduction
Benefit
Consumer
Earner
Prices
Rates
Shown
Tax Rates
Wage
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After 25 quarters of so-called recovery under Obama, it has increased a total of only 14.3 percent. Compare this to earlier periods. After the JFK tax cuts of the early 1960s, the economy grew in total by roughly 40 percent. After the Reagan tax cuts of the 1980s, the economy grew by a total of 34 percent.
Lawrence Kudlow / Economist
Compare
Economy
Percent
Periods
Quarters
Recovery
Tax Cuts
Tax
Obama
Cuts
Total
Earlier
Increased
Jfk
Reagan
Roughly
So-Called
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Hillary Clinton would raise taxes on so-called rich people, corporations, capital gains, financial transactions, and inheritance. Has there ever been an example where America has taxed its way into prosperity? Never. Trump has an economic-recovery-and-prosperity plan. Clinton has an austerity-recession plan.
Lawrence Kudlow / Economist
Capital Gains
Clinton
Corporations
Example
Financial
Gains
Inheritance
Rich
Rich People
Transactions
Trump
People Way America
Capital
Rich People Way
Hillary
Hillary Clinton
Plan
Raise
So-Called
Taxed
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Sen. John Thune (R-S.D.), who is chairman of the Senate Committee on Commerce, warned Facebook of the need for consumer protection and an open Internet, and according to 'The Wall Street Journal,' Thune has sent a letter to Zuckerberg asking how the company chooses its trending topics and who is ultimately responsible.
Lawrence Kudlow / Economist
Commerce
Journal
Protection
Senate
Topics
Wall Street Journal
According
Chooses
Committee
Consumer
Facebook
Letter
Street Journal
Wall Street
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On economic policy, Pence has held to the key building block of growth. He is a budget hawk who voted against President George W. Bush's fiscally bloated No Child Left Behind education bill and hyper-expensive Medicare prescription-drug bill. He said he would not support new middle-class entitlements. He was consistent.
Lawrence Kudlow / Economist
Consistent
Economic Policy
Entitlement
Bloated
Budget
Building Block
Fiscally
George W
Hawk
Held
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While the Pence-Hutchinson immigration reform idea is not perfect, it does represent a useful discussion point for future action. As diplomatically and kindly as possible, with all the greatest respect for differing points of view, let me just say that the Tancredo-Buchanan attack on Mike Pence is nuttier than a fruitcake.
Lawrence Kudlow / Economist
Discussion
Immigration
Immigration Reform
Mike
Not Perfect
Reform
Useful
Attack
Represent
Differing
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When George W. Bush tried to roll back taxpayer exposure to a housing crash via Fannie and Freddie, guess what two senators joined a filibuster of the Bush initiative? Yep... those saviors of the working class, Barack Obama and Hillary Clinton. They went to bat for the housing industry and voted to allow taxpayer exposure to escalate.
Lawrence Kudlow / Economist
Barack
Clinton
Crash
Exposure
Filibuster
Housing
Initiative
Senators
Barack Obama
George W
George W. Bush
Hillary
Hillary Clinton
Joined
Taxpayer
Via
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Many liberals argue that big U.S. companies don't really pay the top corporate rate. While this is sometimes true, it's mainly because, during recessions, companies lose money, and get a tax loss carryforward that temporarily reduces their effective rate. But during economic expansions, when profits rise, companies then do pay the top rate.
Lawrence Kudlow / Economist
Corporate
Loss
Rate
Rise
Effective
Liberals
Mainly
Profits
Temporarily
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Lawrence Kudlow Quotes - Page 2

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