Larry Kudlow

Larry Kudlow is a prominent economist and television host known for his expertise in economics and finance. He currently serves as the host of Kudlow on FOX Business Network, where he covers the latest headlines and business trends with interviews of key newsmakers. Prior to this role, he served as Assistant to the President for Economic Policy and Director of the National Economic Council under President Trump. He has also held positions at CNBC as a senior contributor and Bear Sterns as chief economist and senior managing director. Kudlow has written two books on economics, “JFK and the Reagan Revolution: A Secret History of American Prosperity” and “American Abundance: The New Economic and Moral Prosperity.” He is a graduate of the University of Rochester and is married to his wife Judith.

58%

The Daily's Verdict

This author has a mixed reputation for journalistic standards. It is advisable to fact-check, scrutinize for bias, and check for conflicts of interest before relying on the author's reporting.

Bias

60%

Examples:

  • A 353,000 gain in non-farm payrolls is a very big number
  • More than twice the consensus expectation was met with a gain of 353,000 non-farm payrolls.
  • Over the past three months, inflation-adjusted real wages increased by 4.5% so typical working families got a nice real wage boost.
  • The prior two months were revised up by 126,000, another big number and the bottom line here is: more Americans are working.
  • Worker wages continue to improve. Average hourly earnings for production workers – a.k.a. middle-class, blue-collar folks – are now up to 4.8% over the past 12 months and their rate of productivity – that is, output per hour, a very important economic efficiency and growth indicator -- rose 2.7% last year.

Conflicts of Interest

55%

Examples:

  • He joined the network in February 2021.
  • Larry Kudlow currently serves as the host of Kudlow on FOX Business Network (weekdays 4 PM/ET) and a FOX News Contributor.
  • Prior to joining FOX Business, Kudlow served as Assistant to the President for Economic Policy and Director of the National Economic Council under President Trump.

Contradictions

85%

Examples:

  • Challenger Gray reports over 82,0 layoffs in January with a significant number coming from the financial industry and tech sector.
  • Food prices are up over one-third, gasoline is up nearly 30%, and the consumer price index in total is up nearly 18%.
  • Government spending in the new fiscal year is already up by 8.5%.
  • The small business household survey declined by 31,000 after falling by 683,000 in December.

Deceptions

50%

Examples:

  • More than twice the consensus expectation was met with a gain of 353,000 non-farm payrolls.

Recent Articles

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D-Day at Pointe du Hoc: The Bravery and Sacrifice of the US Army Rangers

Broke On: Friday, 07 June 2024 On D-Day's 80th anniversary, we honor the bravery of US Army Rangers who scaled Pointe du Hoc cliffs to destroy German guns, marking a turning point in WWII. Inspired by British Commandos, Rangers conducted daring raids and played crucial roles in Allied victories. Their sacrifices preserved freedom and inspired future generations.
353,000 Jobs Added in January: US Economy Starts Off Strong with Unemployment Rate Below 4% for Over Two Years Straight

353,000 Jobs Added in January: US Economy Starts Off Strong with Unemployment Rate Below 4% for Over Two Years Straight

Broke On: Saturday, 03 February 2024 The US economy kicked off 2021 with a bang, adding 353,000 jobs in January. The unemployment rate remained at an impressive 3.7%, and has been below 4% for over two years straight - a remarkable feat considering it was last seen in 1967. The Bureau of Labor Statistics reported that more people returned to the labor force, which contributed to this strong job growth. The report also showed robust hiring across various sectors such as retail, health care, professional and business services, social assistance and government sector.