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White House Director of the National Economic Council Larry Kudlow called himself a “happy camper” about the state of the U.S. economy and criticized those making it sound like the country is in recession.
“I do want to say and repeat that the U.S. economy is very strong and that’s what the jobs report [shows], and wages are rising,” he told anchor Stuart Varney on Fox Business’ Varney & Company July 15.
Kudlow - News
Kudlow criticized those trying to gloss over the good economic news.
“I grow weary as I read these articles and some of our critics, some of whom, you know I’m not political so I can’t go down that road, but some of whom appear to be running for higher office and they are painting a picture of an economy deep into recession. We are in a strong prosperity boom and every data point shows that,” he said.
June - Jobs - Report - Gain - Jobs
The June jobs report showed a gain of 224,000 jobs, way above expectations of 160,000. It also showed that...
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