Kudlow's a bright guy. I was poaching his research back in the late 80's early 90's when he was at Bear and both him and Ed Hyman are very creative, outside the box economists.
Kudlow was an unrelenting bull on the 02/03 lows when NO ONE was bullish. He was not only right but he was right for the right reasons.
Me being a perma bear, I get tired of the bullish talk 24/7 but I'd be ignorant to not recognize that Kudlow knows his shit....