Friday, November 21, 2008

What's Up With Larry Kudlow?

Earlier this week, I happened to surf by CNBC during Larry Kudlow's program. I can't recall at exactly what hour he now appears, what with the network having relegated his slower-moving, more cerebral and content-rich program to the middle hours of the evening, after the conceptually emptier but faster-paced financial market candy of 'Fast Money' and 'Mad Money.'

What I saw, however, stunned me. I hadn't realized how hard up Larry is for either ideas, and/or guests.

There, on the set with Kudlow, his lone guest, was none other than CNBC's economics pretender and Senior Economic Idiot, Steve Liesman.

But wait...there's more.

Liesman wasn't being called on to report anything, per se. No, that would have been barely palatable, as the hapless Liesman can't even report economic data without putting his own personal, uneducated spin on it.

No, Larry was actually asking Liesman's opinions on topics such as economic growth forecasts and such. Real economic topics to which a real, educated, experienced, practicing economist might be able to do justice.

Has Larry Kudlow lost his mind? Or run out of economics guests to spar with him? Where's Brian Wesbury? John Rutledge?

Instead of seasoned, experienced economists with real PhD's from real economics programs, Larry is now parading an english and journalism major, that would be Liesman, whose bio lists absolutely no economic training or education whatsoever, as a substitute for critical, informed economic thought.

How the mighty have fallen!

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