Let’s begin with a fabulous quote from my hero, Elon Musk: “In the past I voted Democrat, because they were (mostly) the kindness party. But they have become the party of division & hate, so I can no longer support them and will vote Republican. Now, watch their dirty tricks campaign against me unfold.” 

It’s worth thinking about Mr. Musk’s movement from left of center to center, to right of center, and now apparently to whole-hog Republican. This is part of the revolt against President Biden’s radical, progressive agenda and his big-government socialism.

As Mr. Musk has said, the revolt is a broad-based “enough is enough” at the Biden wrecking crew’s attempt to transform America. In Elon Musk’s case, it goes directly to his Twitter crusade to restore free speech to social media.

A hallmark of Biden world is state control — not only of the economy, but of information. There’s no such thing as disagreement anymore. Disagreement has turned into disinformation, in Mr. Biden’s woke world. This is highly offensive to everybody.

Even the Bidens had to suspend their nutty misinformation board and fire Nina Jankowicz. 

As we chronicled yesterday, Amazon’s CEO has now taken to attacking Mr. Biden’s socialist, progressive economic policies, which make no sense at all. Even Jeff Bezos’s newspaper, the Washington Post, is criticizing Bidenomics. I think woke CEOs and boardroom fellow travelers are also in on this. It’s more than just “enough is enough”: It’s a full-fledged retreat.

The cavalry is coming, and they know it. Yet another whip hand driving the cavalry appeared today: a crushing 1,200-point plunge in the Dow stock market index. Stock markets often have a message, as in, things are going well or, in this case, things are going … not so well. The market’s been slammed this year, and adjusted for inflation it’s even worse. This is signaling great displeasure with our presidential leadership. Or the lack thereof.

Stocks don’t think successful people and businesses are bad. Stocks don’t think tax hikes are good. Stocks might like a whiff of inflation, but not a triple whiff such as we’re getting now. Nor do stocks like rising interest rates.

It’s true, retailers reported bad earnings today, and the retail sector has been falling all year — off more than 30 percent. Make that off 40 percent after inflation. That’s what happens when rising prices eat into family incomes.

Yesterday, the Fed chairman, Jay Powell, worked so hard to defend his anti-inflation manhood — he said it so many times during a conference that I think investors actually believed him, at least for a moment. Then they started running for the hills this morning.

Finally, we have the lowest of the low from the New York Times and one of its crackpot columnists, Paul Krugman, who has never met a factoid that interfered with his far-left, ad hominem writing style. I mean, his column is just sheer, utter nonsense. I don’t usually pay him any mind, and I don’t know why anybody with any common sense would.

His attack on supply-siders is just so totally out there that it really belongs in yesterday’s congressional hearings on UFOs. I’ll simply quote the last sentence: “There is a direct line from the Laffer curve, to Jan. 6, to Buffalo.” 

This is fruits and nuts type stuff. You have to have a sick mind to conjure up this kind of trash.

I will end where I began, with my hero, Elon Musk, who said he’s voting Republican because the Democrats have become the party of division and hate, which describes Paul Krugman to a “T.”

You know what? The cavalry is coming.

From Mr. Kudlow’s broadcast on Fox Business News.