On the recordFebruary 27, 2013
the Lew nomination has not received an enthusiastic response in many quarters, that is for sure--maybe from the hard left, where he has been an advocate of some very hard left views and some inflexibility when it comes to dealing with some of our entitlement programs and welfare programs that have been surging out of control. But this is what some others have said about the nomination. Larry Kudlow, a commentator on CNBC--who was an economist for the Federal Reserve System of the United States and a former chief economist at Bear Stearns and an employee at the Office of Management and Budget, where he was a chief economist--said this on the radio not too long ago. I guess this was written about by Jeff Poor, a reporter for the Daily Caller. Larry Kudlow explained why President Obama's nomination of Jack Lew as Timothy Geithner's replacement to head the Treasury Department was a ``nutty appointment.'' If you keep up with business issues and stuff, you will see Mr. Kudlow on TV regularly, and he, like a lot of our commentators, enjoys stirring the pot sometimes, but, as I say, he was a chief economist at Bear Stearns and at the Office of Management and Budget and an economist at the Federal Reserve. He knows a great deal about the economy. His instinct is what led him to call this a ``nutty appointment.'' Continuing Mr. Poor's quote: Kudlow pointed to Lew as part of the problem. Part of the problem as to why we don't have a budget.…
Source
govinfo.gov




