{"id":16141,"date":"2018-06-08T20:51:37","date_gmt":"2018-06-09T01:51:37","guid":{"rendered":"http:\/\/huewhite.com\/umb\/?p=16141"},"modified":"2018-06-08T20:51:37","modified_gmt":"2018-06-09T01:51:37","slug":"pouring-the-mud-on-your-own-head-ctd","status":"publish","type":"post","link":"https:\/\/huewhite.com\/umb\/2018\/06\/08\/pouring-the-mud-on-your-own-head-ctd\/","title":{"rendered":"Pouring The Mud On Your Own Head, Ctd"},"content":{"rendered":"<p>And the very next <em><strong>WaPo<\/strong><\/em> <a href=\"https:\/\/www.washingtonpost.com\/opinions\/trump-is-presiding-over-extraordinary-growth-g-7-leaders-should-notice\/2018\/06\/07\/7fc4fe0e-6a78-11e8-bf8c-f9ed2e672adf_story.html?utm_term=.c9f140410ffd&amp;wpisrc=nl_most&amp;wpmm=1\" target=\"_blank\" rel=\"noopener\">article<\/a> I read has another example of the crumbling of a reputation, this time that of Larry Kudlow:<\/p>\n<blockquote>\n<p data-elm-loc=\"4\">The U.S. economy has been growing\u00a0<a title=\"www.washingtonpost.com\" href=\"https:\/\/www.washingtonpost.com\/news\/wonk\/wp\/2018\/03\/28\/u-s-economy-grew-very-close-to-trumps-3-percent-goal-at-end-of-last-year\/?utm_term=.d532d171c111\">close to 3 percent<\/a>\u00a0over the past year \u2014 a rate once thought impossible \u2014 and is on track to get even growthier in the second quarter. Business is booming as\u00a0<a title=\"www.reuters.com\" href=\"https:\/\/www.reuters.com\/article\/us-usa-economy-durablegoods\/u-s-core-capital-goods-orders-bolster-business-spending-outlook-idUSKBN1GZ1T3\">corporate spending on new capital equipment<\/a>\u00a0has surged in 2017 and\u00a0<a title=\"www.kiplinger.com\" href=\"https:\/\/www.kiplinger.com\/article\/business\/T019-C000-S010-business-spending-forecast.html\">2018<\/a>.\u00a0<a title=\"www.bbc.com\" href=\"https:\/\/www.bbc.com\/news\/business-42921615\">Hiring and wages<\/a>\u00a0are rising, too.\u00a0<a title=\"www.nytimes.com\" href=\"https:\/\/www.nytimes.com\/reuters\/2018\/06\/07\/business\/07reuters-usa-economy-wealth.html\">Household net worth<\/a>\u00a0has soared to an almost unimaginable level of $100 trillion.<\/p>\n<\/blockquote>\n<p data-elm-loc=\"4\">Ummmm, no, it was never thought impossible. Here&#8217;s a chart from <a href=\"https:\/\/tradingeconomics.com\/united-states\/gdp-growth\" target=\"_blank\" rel=\"noopener\"><em><strong>Trading Economics<\/strong><\/em><\/a>:<\/p>\n<p data-elm-loc=\"4\"><a href=\"https:\/\/i0.wp.com\/huewhite.com\/umb\/wp-content\/uploads\/2018\/06\/united-states-gdp-growth.jpg?ssl=1\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-16142\" src=\"https:\/\/i0.wp.com\/huewhite.com\/umb\/wp-content\/uploads\/2018\/06\/united-states-gdp-growth.jpg?resize=730%2C340&#038;ssl=1\" alt=\"\" width=\"730\" height=\"340\" srcset=\"https:\/\/i0.wp.com\/huewhite.com\/umb\/wp-content\/uploads\/2018\/06\/united-states-gdp-growth.jpg?w=730&amp;ssl=1 730w, https:\/\/i0.wp.com\/huewhite.com\/umb\/wp-content\/uploads\/2018\/06\/united-states-gdp-growth.jpg?resize=300%2C140&amp;ssl=1 300w, https:\/\/i0.wp.com\/huewhite.com\/umb\/wp-content\/uploads\/2018\/06\/united-states-gdp-growth.jpg?resize=250%2C116&amp;ssl=1 250w, https:\/\/i0.wp.com\/huewhite.com\/umb\/wp-content\/uploads\/2018\/06\/united-states-gdp-growth.jpg?resize=150%2C70&amp;ssl=1 150w\" sizes=\"auto, (max-width: 730px) 100vw, 730px\" \/><\/a><\/p>\n<p data-elm-loc=\"4\">Clearly, 3% is good but neither great nor impossible.<\/p>\n<p data-elm-loc=\"4\">Mr. Kudlow, I do hope you&#8217;re as rich as Trump likes to surround himself with, because I&#8217;m not sure anyone will wish to employ you after this.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>And the very next WaPo article I read has another example of the crumbling of a reputation, this time that of Larry Kudlow: The U.S. economy has been growing\u00a0close to 3 percent\u00a0over the past year \u2014 a rate once thought impossible \u2014 and is on track to get even growthier \u2026 <a class=\"continue-reading-link\" href=\"https:\/\/huewhite.com\/umb\/2018\/06\/08\/pouring-the-mud-on-your-own-head-ctd\/\"> Continue reading <span class=\"meta-nav\">&rarr; <\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-16141","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/posts\/16141","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/comments?post=16141"}],"version-history":[{"count":1,"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/posts\/16141\/revisions"}],"predecessor-version":[{"id":16143,"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/posts\/16141\/revisions\/16143"}],"wp:attachment":[{"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/media?parent=16141"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/categories?post=16141"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/tags?post=16141"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}