American - Journalist | August 20, 1947 -
It turns out that Donald Trump has been very good at buying low and selling high, and it helps account for his amazing business success.
Lawrence Kudlow
SuccessGoodBusinessAmazingHigh
Under Bill Clinton's HUD Secretary Andrew Cuomo, Community Reinvestment Act regulators gave banks higher ratings for home loans made in 'credit-deprived' areas. Banks were effectively rewarded for throwing out sound underwriting standards and writing loans to those who were at high risk of defaulting.
HomeCommunityWritingRiskHigh
When George W. Bush tried to roll back taxpayer exposure to a housing crash via Fannie and Freddie, guess what two senators joined a filibuster of the Bush initiative? Yep... those saviors of the working class, Barack Obama and Hillary Clinton. They went to bat for the housing industry and voted to allow taxpayer exposure to escalate.
BackInitiativeClassTwoHousing
New tech explosions create winners and losers, but overall are remarkably positive for the country, middle-class folks, the economy, jobs, and wages.
PositiveCountryCreateNewWinners
When businesses don't spend and invest, they don't hire and cannot offer better-paying jobs. Business investment and wages are two sides of the same mirror. If a company purchases five trucks rather than 10, there are five fewer trucking jobs.
BusinessMirrorInvestmentCompany
Obamacare rules and mandates are job-killers.
RulesObamacareMandates
Many people do not understand that business investment is a critical prosperity-booster, leading to more jobs, higher wages, and stronger family income. Put another way, rising tax and regulatory burdens that penalize investors and businesses also punish middle-income wage earners.
FamilyBusinessPeopleStrongerTax
For Clinton, I don't see redemption. She is a corrupt political operative of the worst kind.
PoliticalKindWorstRedemptionShe
Kennedy had already, in 1962, lowered investment taxes on business. And after his tragic assassination, his broader tax proposals were passed into law in early 1964. And they worked. The U.S. economy grew by roughly 5 percent yearly for nearly eight years.
BusinessLawEarlyTaxInvestment
Hillary Clinton would raise taxes on so-called rich people, corporations, capital gains, financial transactions, and inheritance. Has there ever been an example where America has taxed its way into prosperity? Never. Trump has an economic-recovery-and-prosperity plan. Clinton has an austerity-recession plan.
PeopleRichFinancialAmericaPlan
True enough, the Fed needs radical reforms. In particular, it needs to replace its failed forecasting models and be rid of the academics who overwhelm the Fed system.
EnoughTrueSystemAcademicsRadical
Let's bring in Donald Trump. He wants to lower taxes across the board for individuals and large and small businesses, significantly reduce burdensome regulations, and unleash America's energy resources.
SmallEnergyAmericaDonald TrumpHe
Copyright © 2024 QuotesDict Lawrence Kudlow quotes