Ezra Klein: You don't break bread with Larry Kudlow because you want a rich intellectual exchange. You break bread with Kudlow because he's a buffoon, and can be flattered. Larry Kudlow: I was very impressed. He's a nice guy, terribly smart, well-informed, great smile. He just really engaged. He said he likes to know the arguments on all sides. Krauthammer, I'm afraid, is made of stronger stuff. --Jason Zengerle
Critiquing Larry Kudlow's blogging is essentially a futile endeavor, but this post is incoherent even by his usual standards. First, Kudlow says: Obama’s tax plan would add up to a 39.6 percent personal income tax, a 52.2 percent combined income and payroll tax, a 28 percent capital-gains tax, a 39.6 percent dividends tax, and a 55 percent estate tax. In other words, Sen. Obama is a very-high-tax candidate. Whether Wall Street has fully discounted this, I have no idea. Probably not yet. But somebody in the investor class ought to be thinking about it, because it’s not good.
This one comes courtesy of the always great Larry Kudlow. Here he is concluding a typical tax-cuts-will-save-humanity blog post: Rudy also criticized Democrats for universal heath care that he said would threaten a "socialization" of our medical system "That would be a terrible, terrible mistake." Solutions "have to be free market solutions" and the system needs to be "competitive" according to Gotham's former mayor.Sounds pretty good to me.Now, if he can protect the life of the unborn. --Isaac Chotiner
Supply-side propagandist Larry Kudlow urges his readers to ignore "all the nonsense about wage inequality--a subject that the brilliant Washington economist Alan Reynolds has debunked voluminously." Matthew Yglesias points out that "one can hardly debunk a subject." He's right, but I don't think this is just sloppy phrasing on Kudlow's part.