Krugman on Kudlow

Larry Kudlow

President Trump apparently has picked Larry Kudlow as his economic adviser to replace Gary Cohn.

Paul Krugman's professional opinion of Kudlow in 2016:

Kudlow is to economics what William Kristol is to political strategy: if he says something, you know it’s wrong. When he ridiculed “bubbleheads” who thought overvalued real estate could bring down the economy, you should have rushed for the bomb shelters; when he proclaimed Bush a huge success, because a rising stock market is the ultimate verdict on a presidency (unless the president is a Democrat), you should have known that the Bush era would end with epochal collapse.