Posted on 08/02/2011 2:07:52 PM PDT by goods
Sometimes you have to take out your political lenses and look at the actual statistics to get a true picture of the health of the American economy. Right now, those statistics are saying a... full-fledged, V-shaped, recovery boom between now and year-end. Conservatives shouldnt trash it.
Im aiming this thought especially at many of my conservative friends who seem to be trashing the improving economic outlook largely, it would appear, to discredit the Obama administration. Dont do it folks. Its a mistake. The numbers are the numbers
(Excerpt) Read more at nationalreview.com ...
Now eat it, Larry.
Boom, boom, boom went the economy under the bombs of quantitative easing, federal over-regulation, and the federal government spending a staggering 25% of the GDP per year, and thinking that everything’s just dandy.
“Wait for it, wait... just another month...wait...” Larry Kudlow.
lol
Sorry, but I know that socialism always fails.
LOL....as Lincoln wisely advised,”Better to remain silent and be thought a fool than to speak out and remove all doubt.”
Unfortunately for Kudlow, there is no memory hole into which his past pronouncements can disappear without a trace.
lol
I didn’t notice that the artical was from last year!
lol
Like I said, never bet on socialism working.
The boom is the sound of the economy imploding.
A Cloward and Piven happy dance in order?
That's not bad for a year...so I don't get how Kudlow was wrong.
I bet his favorite Broadway play was Annie.
This guy is a worse at forecasting than Al Gore!!
That "boom" was just Michelle breaking wind after some greasy hamburgers and fries.
He was talking about the coyotes Acme cannon.
Anyone follow this index?
http://www.consumerindexes.com/index.html
Don’t know what to make of it but it seems to contradict everything else out there.
So banks want to lend money again with no bailouts?
Obamacare is going to help the economy?
We solved our debt problem?
I don;t see how the economy is going to turn around rapidly with unemployment up and consumer spending down. Am I missing something?
Obamacare still looming, more and more jobs are moving overseas, the debt deal is very weak, energy prices continue to climb, more threats of regulation from the Feds, high unemployment, cities are going bankrupt, farmers are having difficulties with the heat, .....
The article is dated April 9, 2010. Forecasting is always a bit iffy. What does Larry think today?
In his defense, he was right about calling a market turn in the spring of 2009.
They’ll keep the balls in the air as long as possible, trying to keep things afloat, mostly trying to keep the gubmint checks going out.
They’ll probably keep sending them out even after banks refuse to honor them.
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