America’s Military Might Is Guarding Our Freedom and Our Prosperity

President Trump called the rescue of our brave weapons Airforce pilot deep in the mountains of Iran an Easter miracle. Well, absolutely.Yet it was also an example of the capability of the mightiest military history has ever seen.In Mr. Trump’s own words, “hundreds of people went into this journey. Hundreds of people could have been killed. Forget about the equipment. A lot of equipment. Nobody cares. Hundreds of people could have been killed. So we had people that were within the military that said, this is not wise. And I understood that, but I decided to do it.”Meanwhile, indirect deal talks continue, but no deal has been reached as of this reporting. And then asked if tomorrow’s 8pm deadline is a final deadline, Mr. Trump earlier today firmly said “yeah.”As we have heard from General Jack Keane, and I fully agree, one way or another, all of Iran’s capabilities will be destroyed through military action, whether there’s a deal or not.And Mr. Trump is now forcefully arguing that the Strait of Hormuz must be reopened.This condition, along with ending Iran’s nuclear capabilities, and their terrorist activities, is somehow a big problem for the Iranians. Yet who are the Iranian negotiators? This is the third level after the first two were eliminated.It’s hard to know whether the civilian parliament or the IRGC is running the place. Maybe it’s both? Or maybe it’s neither. I don’t know.The republican guard is not only the military leader, and I think the political leader, but they own and run most of the Iranian economy and its businesses. It’s kind of like the mafia. Or the Mexican drug cartels.And I don’t think they’ll ever agree to the 15 points that Mr. Trump has laid out.And let me underscore the importance of reopening Hormuz, not only in economic terms, but for geopolitical reasons, the U.S. must show strength in stopping Iranian blackmail.Meanwhile, the U.S. economy is coming in stronger than most folks expected.In March, private job creation boomed.The Institute of Supply Management’s reports continue to be in growth territory and higher than January.Profits remain strong and the stock market seems to have stabilized.West Texas Intermediate oil is around $110 a barrel, but the futures curve is $70 a barrel a year from now. In the oil patch, the breakeven cost of production is said to be in the low to mid $60s per barrel.Yet at dinner a few nights ago, a senior executive of a large oil company told me the real breakeven is about $35 a barrel. So I expect oil prices to sinkAmerica will remain the dominant oil player in the world.America’s military is the great guardian of our freedoms and our prosperity. And as far as Iran is concerned, that country will never be the same again. And that’s a good thing.From Mr. Kudlow’s broadcast on Fox Business Network.

America’s Military Might Is Guarding Our Freedom and Our Prosperity

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