Trump’s Chief Economic Adviser, Larry Kudlow, made it clear that the Trump administration’s “plan” to address income inequality is to pretend it doesn’t exist.
Near the end of his Fox News Sunday interview with Kudlow today, host Chris Wallace asked the Trump adviser to respond to Democratic presidential candidates addressing income inequality at the debates last week.
“I just don't understand in general,” Kudlow said. “I don't understand what planet they're describing. The United States economy is booming. It's running at roughly 3 percent average since President Trump took office two and a half years ago.” Kudlow cited low unemployment and growth in incomes and wages among blue-collar and nonsupervisory workers as proof the little people just don't appreciate how good they have it.
“We just had the best June stock market, the Dow Jones, in over 80 years. That's going to fill up the 401(k)s of middle-class folks everywhere,” Kudlow crowed.
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