REP LIEU STATEMENT ON APPOINTMENT OF LARRY KUDLOW TO NATIONAL ECONOMIC COUNCIL

March 14, 2018
Press Release

WASHINGTON - Today, Congressman Ted W. Lieu (D-Los Angeles County), a member of the Foreign Affairs Committee, issued the following statement after the White House announced the appointment of Larry Kudlow as the head of the White House National Economic Council. In 2002, Mr. Kudlow wrote an op-ed about the Iraq war arguing that “the shock therapy of decisive war will elevate the stock market by a couple-thousand points.”

“As a veteran, I’m appalled to think that the person who will now drive our nation’s economic policy has argued that war is good for business. Our service members are brave patriots, not equity on a shareholder report. In an administration that has already been fraught with disastrous policy decisions, I worry about someone who thinks this way having the President’s ear. Entering into conflict has to be a last resort—and should never be evaluated primarily on its economic merits. Mr. Kudlow’s fringe ideas don’t deserve a place in the White House.”

 

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