Economist Larry Kudlow: Obama's Job Performance Getting Worse

Friday, 11 Jul 2014 04:35 PM

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President Barack Obama's job performance is getting worse and worse, according to renowned economist and CNBC contributor Larry Kudlow.

On Friday's edition of "The Steve Malzberg Show" on Newsmax TV, Kudlow criticized Obama for not visiting the troubled U.S.-Mexico border and for being seen nodding off during an appearance in Texas.

"Wouldn’t it be better for him to have gone to the border with Gov. [Rick] Perry … to take a look at the chaos and destruction down there instead of playing pool or instead of falling asleep,'' Kudlow asked.

"Why doesn't he do that stuff and make himself out to be a president? That picture of him with his eyes closed — he's like falling asleep sitting in a diner with this University of Texas gal — is just the most revealing thing I've ever seen.

"I've heard of Cabinet members nodding off during Cabinet meetings, but I've never heard of a president on the road meeting with somebody one on one and literally falling asleep, I mean that's pathetic.''

Kudlow said that solving the issue of immigration reform can't be solved until the border crisis is eased.

"Until we deal with the crisis on the border, we're not going to solve the immigration problem. And until we solve the immigration problem, we're not going to solve the problem of we need more engineers, we need more foreign students, we've got to do something with the 11 or 12 million who are here,'' he said.

"In other words, we have pressing problems in America, and [Obama is] not getting to them.''

He added that the positive jobs numbers that were recently announced must be taken with a grain of salt.

"Big companies have been hiring in recent months, so OK, that's good news, and I want America to work so I'm going to praise that,'' he said.

"But … if you look under the hood, there are a lot of serious glitches, and we shouldn’t be cheering like this. Full-time jobs fell by 523,000, while part-time jobs rose by 799,000.

"That has to do with Obamacare … [which] is causing people to shift from full-time to part-time, which means, you get less money … Part-time jobs are replacing full-time jobs, and more people are still dropping out of the labor force.''

Kudlow said he also recently spoke with former Secretary of State Condoleezza Rice, who told him that the United States must act quickly to help crush ISIS, the al-Qaida splinter group now storming through Iraq.

"Condoleezza said, we must take out ISIS. The longer we wait, the more impossible it will be,'' Kudlow said.


See "The Steve Malzberg Show" on Newsmax TV each weekday live by clicking here now.



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