Kommentar av Englund:
Knapptryckarna i Stockholm brukar nära följa kurserna i New York.
Men Sverige har ju inte Apple och dom andra giganterna.
Larry Kudlow is, of course, the chairman of the National Economic Council, in effect Trump’s chief economist. He’s also famous among those who follow such things for his remarkable track record of being wrong about everything, from his dismissal of those warning about a housing bubble as “bubbleheads” to his declaration a few months ago that the coronavirus was completely contained and wouldn’t inflict any economic damage.
Now, all of us get things wrong sometimes. But Kudlow is in a class of his own; as New York magazine’s Jonathan Chait memorably put it, he “has elevated flamboyant wrongness to a kind of performance art.”
And he’s also notable because his solution to all problems is the same: cut taxes on rich people and corporations.
Paul Krugman NYT 7 July 2020