Milbank Gets One Right

Dana Milbank, WaPo:

It was the eve of the biggest economic collapse since the Great Depression. Many on Wall Street worried that a recession loomed and that the housing bubble was bursting.

And then there was Larry Kudlow, the man President Trump just tapped to be his top economic adviser.

“Despite all the doom and gloom from the economic pessimistas, the resilient U.S. economy continues moving ahead,” Kudlow wrote on Dec. 7, 2007, in National Review, predicting that gloomy forecasters would “wind up with egg on their faces.” Kudlow, who previously derided as “bubbleheads” those who warned about a housing bubble, now wrote that “very positive” news in housing should “cushion” falling home sales and prices.
Some of Mr Kudlow's Greatest Hits:

1993: Kudlow proclaims in a speech: “There is no question that President Clinton’s across-the-board tax increases on labor, capital and energy will throw a wet blanket over the recovery and depress the economy’s long-run potential.” The economy goes into an eight-year expansion and adds 21 million jobs.

2001: Kudlow writes in National Review about the George W. Bush tax cuts: “Faster economic growth and more profitable productivity returns will generate higher tax revenues at the new lower tax-rate levels. Future budget surpluses will rise, not fall.” Tax revenue falls, and the budget goes from surplus into deep deficits.

2002: Kudlow, arguing for war in Iraq, writes in National Review: “The shock therapy of decisive war will elevate the stock market by a couple-thousand points.” The market falls and the Dow Jones doesn’t get that couple-thousand-point elevation for years.

2009: Kudlow says in an interview: “President Obama is waging war on investors. He’s waging war against businesses.” In a piece in the Washington Times he warns that inflation could “ratchet higher.” The stock market and corporate profits climb to records, while inflation remains historically low.

2009: Kudlow says in an interview: “President Obama is waging war on investors. He’s waging war against businesses.” In a piece in the Washington Times he warns that inflation could “ratchet higher.” The stock market and corporate profits climb to records, while inflation remains historically low.
I'll admit I don't know everything Kudlow's ever predicted, so I could be stuck in the Argument From Ignorance logical fallacy. But I'll do a little prase-poaching and say this:

Those who can, do. Those who can't, go on TV and jaw-jack about it.

And then, if 45* thinks they look good enough on camera, they go to work in the White House, whether they know what the fuck they're doing or not.