Wednesday, 25 January 2017

Larry Kudlow: "President Trump has the potential to be a transformational figure"

Larry Kudlow, who describes himself as "an old Ronald Reagan guy" focuses on the real message in president Donald Trump´s inauguration speech:

In all the media back and forth over President Donald Trump's inaugural speech, most have missed a central point: His address was infused with a wonderful sense of optimism.
As an old Ronald Reagan guy, I have learned through the years that optimism equals true leadership. And yes, true leadership cannot be achieved without optimism.
Toward the end of his speech, Trump said, "We must think big and dream even bigger." To understand Trump and his message on Inauguration Day is to appreciate the importance of that sentence.
He then added: "The time for empty talk is over. Now arrives the hour of action. Do not let anyone tell you it cannot be done. No challenge can match the heart and fight and spirit of America. We will not fail. Our country will thrive and prosper again." --

Trump and Reagan are very different people. And Trump's governing style will be nothing like Reagan's. But the underlying principle of optimism is the same.
"Finally, we must think big and dream even bigger," he said. How quintessentially American is that? Can we return to being the proverbial City Upon a Hill? Yes, we can.
For these reasons I believe President Trump has the potential to be a transformational figure. And he is moving fast. His actions and energy in just the first couple of days have been remarkable.
Everywhere he repeats the theme of economic growth with lower taxes and fewer burdensome regulations. The war on business is over. We will reward success, not punish it.
He talks bilateral trade deals that can be enforced. He is freezing federal hiring, proposing to cut government spending $10.5 trillion over 10 years, doing away with Obamacare mandates, getting the Keystone XL and Dakota Access pipelines in place, welcoming a constant flow of visitors from businesses and unions and taking calls from foreign heads of state.

Read the entire article here.