Larry Kudlow: Trump's Economic Policies and the True Meaning of 'No Kings Day'

The Original 'No Kings Day'

• 💡 The true 'No Kings Day' was July 4th, 1776, marking the adoption of the Declaration of Independence, a protest against monarchy and taxation without representation.
• 🎯 Democrats are criticized for seemingly forgetting this historical event while protesting.

Trump's Economic Leadership

• ⚡ Donald Trump, while not a king, is implementing policies to hold down federal spending and cut costs.
• 💰 This includes potential reductions in non-essential federal employees and unnecessary Democratic programs.
• 📈 The stock market is described as 'roaring,' with the Dow up over 550 points, attributed to Trump's program of tax cuts, deregulation, energy domination, and fair trade.

Economic Achievements Under Trump

• ⛽ National gasoline prices have fallen below $3 a gallon, the lowest in four years, with US oil production at a record high of 13.6 million barrels per day.
• 🌍 The US is also producing a significant amount of natural gas, which is beneficial for consumers and detrimental to Russia's economy.
• 🤝 Trump has facilitated Middle East peace deals and is pursuing trade peace with China, focusing on rare earths, soybean purchases, and fentanyl.
• 🇦🇺 A joint partnership with Australia has been announced for rare earths and military defense.

Contrasting with Democratic Policies

• 🚫 Democrats are accused of shutting down the government and holding it hostage to $1 trillion in Obamacare subsidies, even for families earning over $300,000.
• 📉 They are also voting against bills to finance the American military, despite previously supporting them in committee.