Trump's Top Economic Adviser Resigns

11 thoughts on “Trump’s Top Economic Adviser Resigns”

1. Not sure whether to laugh or cry — Gary Cohn and Larry Kudlow are two peas in a pod.

   Here is Paul Krugman's concise analogy of their holy grail tax cut:

   So you go out for dinner with a wealthy acquaintance. “I’ll take care of everything,” he says, and orders you a hamburger. Then he orders himself an expensive steak and a bottle of wine, which he doesn’t share. And when the waiter comes with the check, he points at you and says, “Charge it to his credit card.”

   Now you understand the essence of the Trump tax cut, signed into law a little over two months ago.

   Kudlow is a loyal Trumper whose economic mentor is Arthur Laffer.  Here's an example of Kudlow's economic prowess:

   Kudlow firmly denied that the United States would enter a recession in 2007, or that it was in the midst of a recession in early to mid-2008. In December 2007, he wrote: "The recession debate is over. It's not gonna happen. Time to move on. At a bare minimum, we are looking at Goldilocks 2.0. (And that's a minimum). The Bush boom is alive and well. It's finishing up its sixth splendid year with many more years to come".[21] In May 2008 he wrote: "President George W. Bush may turn out to be the top economic forecaster in the country" in his "'R' is for 'Right'"

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2. The question we need to be asking wrt every daily story is this:

   "Does this help the Russians".

   In this case Cohn was considered a voice opposing Trump's protectionist policies. Raising tariffs and starting a trade war causes disruption in the US-Europe relationship.

   So, I'd say Russia wins again.

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3. Another member of The New World Order is expelled from the Dumpster’s orbit thanks to Obama’s chemtrail program.

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   1. I didn't know Cohn was a supporter of the great bicycle takeover… I've got to get on to InfoWars so I can catch up.

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      1. No you don't…..If you do, you'll be treated to Alex Jones doing his bare-chested horseback riding schtick.  

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4. … and Michael John Bolton met with Trump today, possibly signaling that HR McMaster is soon to be replaced as National Security Advisor. Oh – and Trump is reportedly encouraging Scaramucci to attack Chief of Staff Kelly.

   Lots of energy in the White House staff – everyone wants to work there.

   We're doomed. Not the country – the world.

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   1. Bolton is insane.  He literallybelieves we can win a nuclear war.  Plus, he has the worst moustache since hitler.

       

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      1. Bolton is insane.

         Then he should fit right in with the rest of them.

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      2. I'm somewhat certain Bolton not only believes that, but is also of the opinion that the US just doesn't need anyone else. Probably don't need 3/4 of the US either…

         I don't want to think about him whispering in Trump's ear every day.

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5. first they came for the muslims and i did nothing

   then they came for the mexicans and i did nothing

   then they came for women and i did nothing

   then they wanted tariffs so i resigned

   -a short poem by Gary Cohn

   — m i t h (@ManInTheHoody) March 7, 2018

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6. Gary Cohn is a Democrat.  We shouldn't forget that.

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