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NEC Director Larry Kudlow Discusses The Economy and the Federal Reserve Rate…


Added 03-30-19 04:36:02pm EST - “White House economic advisor Larry Kudlow made some news yesterday when he said he would like to see the Fed cut interest rates by half a point (.50%).? Director Kudlow then appeared on CNBC for a ?” - Theconservativetreehouse.com

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Posted By TheNewsCommenter: From Theconservativetreehouse.com: “NEC Director Larry Kudlow Discusses The Economy and the Federal Reserve Rate…”. Below is an excerpt from the article.

White House economic advisor Larry Kudlow made some news yesterday when he said he would like to see the Fed cut interest rates by half a point (.50%).  Director Kudlow then appeared on CNBC for a discussion of the economy and the United States’ ongoing trade discussions with China and Mexico.

The larger story is actually about the current state of the U.S. economy as Trump’s policies influence direct investment and re-establish a middle-class durable goods manufacturing sector. WATCH:

In essence we are in that economic space where Trump has de-emphasized the Wall Street economy (multinational corps, investments and financials) and re-emphasized the Main Street economy (manufacturing, blue collar jobs).  The new trade deals represent an unusual economic paradox for Wall St.  National corporations thrive; however multinational corporations and their investment instruments can simultaneously suffer.

We can tell we are in the space between both of these economies, because actions by the Fed are having no impact on inflation.  Consumer prices are returning back to their natural dynamic.  I’m reposting an article below from December 2016, right after the 2016 election, because this odd economic landscape -while new- was entirely predictable.  I called it the “Third Dimension in American Economics“.

[December 2016] Traditional economic principles have revolved around the Macro and Micro with interventionist influences driven by GDP (Gross Domestic Product, or total economic output), interest rates, inflation rates and federally controlled monetary policy designed to steer the broad economic outcomes.

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