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Kudlow’s Money Politics

Larry Kudlow’s daily web log of matters political and financial.

The Challenge is Growth, Not Inequality



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Either President Obama needs a new speech writer, or he needs a new set of economic policies. Actually, he needs both.

Can anyone think of a more boring, banal, irrelevant, or stale speech than the one he gave this Thursday in Washington D.C.? The speech was allegedly on the economy, but more likely it was to divert attention from the Obamacare catastrophe. Whatever the motive, his idea that the defining challenge of our time is to reduce income inequality is completely wrong. In truth, the defining challenge is to restore more rapid economic growth, create substantially more jobs, and significantly reduce unemployment. 

Read my full column here


Tags: The Economy


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