Kudlow: ‘Trump Factor’ Is Powering Strong Economic Gains
Sunday on New York AM 970’s “The Cats Roundtable,” CNBC regular and economist Larry Kudlow credited President Donald Trump for the recent stock market gains and economic growth. “[T]he profit reports continue to exceed expectations and that’s been true for the last couple of quarters,” Kudlow told host John Catsimatidis. “I think that’s the backbone of the stock market rally.” “I would add global economic growth is picking up … I do think there’s a Trump factor here. Among other things, Trump has made good on his promise to roll back hundreds of regulations: energy, finance, labor laws, you name it. He’s put it into place. That is a huge cost savings for businesses, particularly the smaller businesses. And I think that has instilled a lot of confidence. This is a pretty confident market. I wouldn’t mess with it right now. It looks awfully good,” he added. Follow Trent Baker on Twitter @MagnifiTrent
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President Trump touts his base as ‘getting stronger,’ though polls show a weakening
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Lynch used email alias ‘Elizabeth Carlisle’ to write about Clinton tarmac meeting
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Exclusive — Trump Backer Kayleigh McEnany Leaves CNN to Become RNC Spokeswoman
Kayleigh McEnany, an ardent supporter of President Donald Trump who was previously a CNN contributor, has left the network to join the Republican National Committee, the RNC is announcing on Monday afternoon. The move is yet another sign the GOP has become the party of President Trump, officially.
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MSNBC’s Hugh Hewitt Under Fire: Softball-Laced McMaster Interview Demonstrates GOP Establishment’s Favorite Defender’s Weaknesses
MSNBC’s favorite establishment Republican defender, Hugh Hewitt, is flailing after he failed to ask embattled National Security Adviser H.R. McMaster about his purge of loyalists to President Donald Trump from the National Security Council (NSC) during his interview.
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Trump’s instinct for bullying behavior does not serve him well
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iPhone Supplier Foxconn Announces Second Plant Coming to Michigan in Trump Era
Apple iPhone supplier Foxconn has announced that it is planning a second manufacturing plant, this one in Michigan. After Foxconn announced a new plant in Wisconsin just last month, these newest jobs are coming to the second state that was key to President Trump’s election in 2016.
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Editorial: “Someone Just Noticed That Trump Is Getting Stuff Done”
THE WHITE HOUSE Office of the Press Secretary FOR IMMEDIATE RELEASE August 7, 2017
INVESTOR’S BUSINESS DAILY EDITORIAL BOARD: “SOMEONE JUST NOTICED THAT TRUMP IS GETTING STUFF DONE”
“After weeks and months of fixating on tweets and Russia, someone in the press decided to have a look at what the Trump administration has been up to since January. Lo and behold, they discovered that it’s getting a lot done.”
Someone Just Noticed That Trump Is Getting Stuff Done Editorial Investor’s Business Daily August 5, 2017
Achievements: After weeks and months of fixating on tweets and Russia, someone in the press decided to have a look at what the Trump administration has been up to since January. Lo and behold, they discovered that it’s getting a lot done.
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Border crossings, for example, have plummeted, even though all Trump has done so far is promise to enforce existing laws.
The Supreme Court approved parts of Trump’s travel ban, a success made possible by Trump’s appointment of Neil Gorsuch to the bench.
Trump is busy filling lower court positions with conservative justices. Ron Klain, a White House aide to Bill Clinton and Barack Obama, said that Trump “is proving wildly successful in one respect: naming youthful conservative nominees to the federal bench in record-setting numbers.”
What else? Well, Trump pulled out of the Paris climate change deal, which as we noted in this space is a yuuuge win for the economy.
The EPA, meanwhile, is dismantling Obama’s coal-killing, growth-choking Clean Power Plan, and draining the heavy-handed Waters of the United States rule. When a veteran EPA official resigned this week, she complained in a letter to her former colleagues that “the new EPA Administrator already has repeals of 30 rules under consideration,” which the New York Times described as “a regulatory rollback larger in scope than any other over so short a time in the agency’s 47-year history.”
Trump promised to kill two regulations for every new one enacted, but in his first six months the ratio was 16-to-1.
Trump also approved the Keystone XL and other pipeline projects held up by Obama. He’s also rolled back a ban on coal mining on public lands.
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Crime-ridden Chicago sues DOJ over sanctuary cities
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