The Baghdad Bob of Economics

Shouty Larry Kudlow shouts

Larry Kludlow, the newest Chief Economic Advisor appointed by disgraced demagogue in the dustbin of history Comrade Stupid, is the subject of a Vanity Fair post this morning: Is This Larry Kudlow’s Worst Prediction Ever?
A look back on the new National Economic Council director’s boldest calls to date.

It’s worth the read, a sort of highlights reel of the Baghdad Bob of Economics.

Spoiler Alert: Here’s the juicy framework for the article —

“We speak, of course, of ole Lar’s December 2016 bet that, far from being criticized for assembling the wealthiest Cabinet in history, Trump ought to be praised for the discerning move. Unlike the middle class, he explained, you can actually trust the wealthy. “Why shouldn’t the president surround himself with successful people,” Kudlow asked in the pages of the National Review. “Their business success demonstrates that they know how to achieve goals and convince skeptics that good deals can be made to the benefit of both sides.” More importantly, Kudlow added, “Wealthy folks have no need to steal or engage in corruption.” Fifteen months later, how’s that bet working out? Let’s take a look!”

And then goes into a bullet list of all the grifty things that the wealthiest Cabinet in History have done so far.

Over the weekend I read a description of Comrade Stupid that made me laugh out loud: “He’s the gift that keeps on grifting.”

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4 Responses to The Baghdad Bob of Economics

  1. “Wealthy folks have no need to steal or engage in corruption.”

    Yes, Robber Barons, and Banksters were just ironic friendly nicknames…

    My favorite observation of Kudlow so far is from this tweet:

    [Tengrain was here!]

    Liked by 1 person

  2. Sir Nigel says:

    “DDDH”: Disgraced Demagogue in the Dustbin of History…or is it…David Dennison in the Dustbin of History?

    Like

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