Throughout an interview with “Fox News Sunday,” White Home financial adviser Larry Kudlow shot down the rumors of a prospective economic downturn on the horizon.
In accordance to Kudlow, the United States economic climate is “in pretty good shape.”
“Well, first of all, I don’t see a recession at all,” Kudlow suggested. “Second of all, the Trump pro-growth program, which I believe has been succeeding lower tax rates, big rollback of regulations, energy opening, trade reform, we’re going to stay with that. We believe that’s the heart of the free enterprise. We want an incentive-oriented supply-side economy, providing opportunities for everybody across the board.”
He continued, “I think we’re in pretty good shape, and I want to just say you know, we should not be afraid of optimism. I don’t know what it is, everybody wants to talk about pessimism, recession. … There’s no recession on the horizon. What’s wrong with a little optimism?”
(h/t RCP Video)
Observe Trent Baker on Twitter @MagnifiTrent