Sunday, January 3, 2016

Larry Kudlow eyes Donald Trump's coattails

From the story here:

'Economist and political pundit Larry Kudlow says he is strongly considering challenging Sen. Richard Blumenthal (D-Conn.) for his Senate seat in 2016. ... Kudlow says he disagrees with Blumenthal on a variety of issues, ranging from the Iran nuclear agreement to the corporate tax rate. “Mr. Blumenthal was wrong on signing the Iran deal. He was wrong on pushing for the U.N. to bring Syrian hostages into the United States,” he said. “And . . . he’s a tax-and-spender. He was in Connecticut, and he’s a tax-and-spender in Washington at a time, frankly, with the economy at two percent [growth] or less, we ought to have a 15 percent corporate tax, not a 40 percent.”'

Kudlow has previously allied himself with Trump without saying so in so many words by coming out against the Iran deal and against letting in the refugee surge, but explicitly has come out in support of Trump's plan to slash the corporate income tax rate to 15 percent. Trump has repeatedly emphasized all three issues mentioned by Kudlow this weekend.

Kudlow clearly sees these as coattail issues on which he could succeed in a Connecticut US Senate run, emphasizing US and Israeli security after a period of increased terrorism as well as a pro-growth supply-side tax policy reminiscent of the era of Ronald Reagan as an answer to the moribund economy's ills.

It works both ways, Larry. Trump as president will need support within the Congress if he hopes to get passed anything he stands for as a candidate.