Kudlow at CPAC, February 2015
|Born||Lawrence Alan Kudlow
August 20, 1947
Englewood, New Jersey, U.S.
|Education||University of Rochester (BA)
|Known for||The Kudlow Report
Kudlow & Cramer
|Political party||Democratic (Formerly)
|Spouse(s)||Nancy Gerstein (1974â€“1975)
Susan Cullman Sicher (Married
Judith Pond (1986â€“present)
I believe China is a major trade violator. The Chinese break all the rules. They counterfeit our goods, steal our international property rights, and hack the computers of our industries and government. Something must be done about it.
The eligibility for food stamps has widened and widened; welfare has been widened – unemployment insurance and disability insurance. These are all incentives not to work.
From 1950 to 2000, the U.S. economy grew at an average rate of 3.5 percent. That generated a massive gain in real GDP per person from $16,000 to over $50,000. A huge win for the middle class.
We got our freedom and our liberty from the Creator, from God. That is a lesson conservatives have to remember.
We were endowed by our Creator with the inalienable rights of life, liberty and the pursuit of happiness. We were not endowed by the Federal Government. We were not endowed by entitlements. We were not endowed by pork barrel spending; we were not endowed by budgetary earmarks.
I never had any friends beyond a certain superficial level. We hate to admit weaknesses. We were raised to want to get ahead, to be good and clever and successful. You're just ashamed to open up.
Democrats like Hillary Clinton and Bernie Sanders want to raise taxes on the rich, saying it will solve inequality. It won't. All that will do is significantly reduce incentives to work, save, and invest. But I say inequality is not the problem. The problem is a lack of growth.
Nobody, in my lifetime, in either party, has reached out with a message of hope, growth and opportunity to minorities better than Jack Kemp.
After 25 quarters of so-called recovery under Obama, it has increased a total of only 14.3 percent. Compare this to earlier periods. After the JFK tax cuts of the early 1960s, the economy grew in total by roughly 40 percent. After the Reagan tax cuts of the 1980s, the economy grew by a total of 34 percent.
I am continuing to explore a run in the Senate from Connecticut, absolutely exploring it. In fact, I would say exploring it intensely.
I am not a politician; I've never run for anything in my life. I'm an economist. I'm a broadcaster. I've been an adviser. I worked for Ronald Reagan.
Research has shown that middle-income wage earners would benefit most from a large reduction in corporate tax rates. The corporate tax is not a rich-man's tax. Corporations don't even pay it. They just pass the tax on in terms of lower wages and benefits, higher consumer prices, and less stockholder value.
My crash and burn over drugs and alcohol is very well known; I've never, ever hidden that story. If there are people who would not vote for me because of that history, I understand.