by Pam Key
Breitbart.com
Breitbart News economics editor John Carney said Tuesday on Fox Business Network’s “Kudlow” that the Trump administration’s plan to reduce the size of the federal government will be “profoundly anti-inflationary.”
Host Larry Kudlow said, “I mean, over 50,000 federal jobs, John, and I want to add to that the impoundment issue. I know that official Washington swampland doesn’t like impoundment. The fact is, American presidents had it for over 200 years until a far-left Congress took it away from Richard Nixon, you know, during his worst moments in 1974. But budget-cutting, employment rifts, and impoundment- now that is going to be tough stuff.
Carney said, “It is a profoundly anti-inflationary.”
Kudlow said, “There you go.”