Larry Kudlow Declares a Strong Week for Trump and His Economic Policies
As Trump’s economic policies continue to generate intense debate across the political spectrum, Larry Kudlow has emerged as a vocal champion of the former president’s fiscal approach. The former economic advisor hasn’t minced words when discussing what he terms the “wildly bullish” potential of Trump’s proposed 15% “Made in America” corporate tax rate. It’s a cornerstone of Trump’s economic vision, alongside 100% expensing for machinery and equipment investments.
“Drill, baby, drill” isn’t just a catchy slogan. It’s Trump’s energy policy in three simple words. The push for domestic energy production aims to reduce dependency on foreign sources while simultaneously driving down costs. Less red tape means more black gold, or so the thinking goes. Environmental regulations? Those get the axe in favor of expanded oil and gas production.
Unleash American energy, slash regulations, boost production, cut costs. Environmental concerns take a backseat to economic priorities.
Markets remain jumpy about Trump’s tariff talk. But the plan isn’t as simple as slapping fees on everything foreign. His approach to reciprocal trade policies focuses on balancing global trade relations and confronting unfair practices. Critics cry inflation, but supporters point to consumer behavior adjustments and price cuts that could offset potential increases. Kudlow argues that U.S. economic growth will naturally lead to trade deficits, contrary to the administration’s focus on eliminating them. These policies aim to counteract the downward trend in stocks recently observed in the market. South Korea and Japan have already seen tariff reductions. Go figure.
The federal budget won’t escape scrutiny either. Trump’s team talks big about hunting down waste, fraud, and abuse through rigorous audits. With Elon Musk’s influential advocacy for audits, the administration aims to eliminate government spending inefficiencies. It’s about fiscal discipline, they insist. Cut spending, reorient programs, focus on essentials. Classic fiscal conservatism with a Trumpian twist.
Supply-side economics is back in vogue. The strategy aims to “re-privatize” the economy by boosting productivity and innovation in the private sector. More stuff produced equals less inflation—too much money chasing too few goods is the problem, and Trump’s team believes they have the solution. Make more goods, problem solved. Simple, right?
Business leaders seem cautiously optimistic. Wall Street? Well, they’re always watching and waiting. Trump’s rhetoric about “American greatness” resonates with his base, but economists remain divided. Some see growth potential, others predict disaster. His administration has set a historical record with 107 executive orders issued in just 67 days, most focusing on aggressive deregulation efforts.
Kudlow maintains that the combination of tax cuts, deregulation, energy independence, and tough trade negotiations creates an economic formula for success. It’s a package deal, he insists. Each policy reinforces the others. Take it or leave it. The debate continues. The markets fluctuate. And Kudlow keeps talking. His confidence seems bolstered by the fact that Trump’s first term saw only 1.9% annual inflation, dramatically lower than current rates.
