You Will Anyway: Good for Chris Wallace

Sunday, May 12, 2019

Good for Chris Wallace

But he'll be getting a nasty Trump tweet. And Larry Kudlow could find himself tweeted out of a job if he isn't careful.

"Talks with China continue in a very congenial manner - there is absolutely no need to rush - as Tariffs are NOW being paid to the United States by China of 25% on 250 Billion Dollars worth of goods & products," Trump tweeted.

[...]

>White House economic adviser Larry Kudlow on Sunday contradicted President Trump, saying he didn't disagree with the characterization that China is not paying the tariffs on goods coming into the U.S.

The Hill

Weasel words.

Kudlow made the comments after Fox News anchor Chris Wallace repeatedly pressed him on "Fox News Sunday" about Trump's recent comments in regard to trade with China.

"It’s not China that pays tariffs. It’s the American importers, the American companies that pay what in effect is a tax increase and oftentimes passes it on to U.S. consumers," Wallace said.

"Fair enough. In fact, both sides will pay in these things, and of course it depends," Kudlow responded, with Wallace interjecting to point out that "if it’s a tariff on goods coming into the country, the Chinese aren’t paying."

I'm guessing Trump's supporters have stopped watching Fox News and only tune in to Fox & Friends, Hannity and Carlson.

"No, but the Chinese will suffer [gross domestic product] losses and so forth with respect to a diminishing export market and goods that they may need," Kudlow said.

Wallace replied by noting that Trump has said China pays the tariffs.

"They may suffer consequences, but it’s U.S. businesses and U.S. consumers who pay, correct?" he asked.

Kudlow responded by saying he didn't disagree with that characterization, adding that both sides will suffer because of new tariffs.

Kudos to Chris Wallace. Larry might want to start sending out his resumé.

...but hey, do what you want...you will anyway.

Not so much an admission as a tepid acknowledgement.

UPDATE:

Apparently, he's now seen the show...

UPDATE 5/13:

No nasty tweet about Kudlow this morning, but he noticed.

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Life, as Explained in "Rosencrantz & Guildenstern Are Dead"

GUILDENSTERN: What a fine persecution---to be kept intrigued without ever quite being enlightened.

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ROSENCRANTZ : The only thing that makes it bearable is the irrational belief that somebody interesting will come on in a minute.

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GUILDENSTERN: But for God's sake what are we supposed to do?!

PLAYER: Relax. Respond. That's what people do. You can't go through life questioning your situation at every turn.

GUILDENSTERN: But we don't know what's going on, or what to do with ourselves. We don't know how to act.

PLAYER: Act natural. You know why you're here at least.

GUILDENSTERN: We only know what we're told, and that's little enough. And for all we know it isn't even true.

PLAYER: For all anyone knows, nothing is. Everything has to be taken on trust; truth is only that which is taken to be true. It's the currency of living. There may be nothing behind it, but it doesn't make any difference so long as it is honoured. One acts on assumptions.

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GUILDENSTERN : We act on scraps of information... sifting half-remembered directions that we can hardly separate from instinct.

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PLAYER: Life is a gamble, at terrible odds-if it was a bet you wouldn't take it.