Kudlow: Socialism Brings Poverty, Not Prosperity

Director of the National Economic Council Larry Kudlow speaks at the National Press Club in Washington on April 23, 2019. Samira Bouaou/The Epoch Times

WASHINGTON—Top White House economic adviser Larry Kudlow denounced socialism, which has become popular among Democratic presidential candidates, calling the political ideology “a loser.”

“Look, I am an ex-Democrat,” Kudlow said. “Actually, I have worked for two presidents who were ex-Democrats, Ronald Reagan and Donald Trump.”