NBC News reports:
White House economic adviser Larry Kudlow on Sunday sought to allay fears of an economic downturn, saying “I don’t see a recession at all.”
The White House adviser demurred when asked by “Fox News Sunday” guest host Dana Perino whether the Trump administration is considering concrete steps to stave off a potential recession after short-term U.S. treasury bonds last week fell below yields for longer-term bonds.
“The Trump pro-growth program, which I believe has been succeeding, we’re going to stay with that,” Kudlow told Perino. “There’s no recession on the horizon,” he added. “What’s wrong with a little optimism?”
CBS News reports:
Greenland has said it’s not for sale and the president is being widely mocked for the idea. Kudlow chuckled a bit and said, “It’s developing. We’re looking at it, we don’t know.”
“Denmark owns Greenland. Denmark is an ally. Greenland is a strategic place up there. They’ve got a lot of valuable minerals,” he continued.
“I don’t want to predict an outcome, I’m just saying the president, who knows a thing or two about buying real estate, wants to take a look.”
During the Bush II administration, Kudlow also denied fears of the downturn that ultimately became known as the Great Recession.
“There’s no recession coming. The pessimistas were wrong. It’s not going to happen.” — Larry Kudlow, December 2007 https://t.co/aajDQgEUNe
— Kevin M. Kruse (@KevinMKruse) August 18, 2019
— FoxNewsSunday (@FoxNewsSunday) August 18, 2019
Internet goes wild over ‘obviously drunk’ Larry Kudlow on Fox News: ‘He’s lying while slurring his words’https://t.co/agNqhHWPq6
— Raw Story (@RawStory) August 18, 2019