[Lazlo in PA]

And energy prices are coming down, with oil moving toward $80 a barrel.

Because the economy is slowing down and demand for oil is lower Larry. This is more of Kudlows sunshine and lollypops BS he tries selling on a regular basis. I notice he totally avoided the trouble in the EU in talking away this "non event".

[donozark]

Larry is the quintessential optimist. He could have been at Hiroshima Ground Zero and announced the house fire would soon be under control.

[Sudetenland]

I guess that's as opposed to your doom and gloom.

I would hardly call Kudlow's article "sunshine and lollypops," I would characterize it more as "Don't panic, all is not lost." It reads as quite balanced to me.

In my opinion, we are not facing the end of the world scenario as you seem to believe. We are, however in a bad economic downturn and with the current administration there is little prospect for any real improvement in the near future.

Until we can rid ourselves of Obama and his cronies, the closest we can hope for is for the economy to reach a holding position or a slow continued decline.