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.
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.
I think this is the point where Larry jumped the shark.
I like Larry, he’s always full of sunshine, but I don’t like when he starts blowing it __ my ___.
The stock market could go back up, not due to economic factors, but due to QE3 (or whatever they want to call it). As far as the overall economy, I don't see it.
With an administration threatening more regulations and taxation, with the full implementation of Dodd-Frank (which itself is institutionalizing an economic depression) and with Obamacare coming soon, no chance.
The only hope we had was a true Conservative House. But, with the latest capitulation of Congress to the Left and their non-actions on defunding Obamacare, we're going to continue to flatline. Our hope now (perhaps our last) is for a political tsunami in 2012.
Kudlow is to economic predictions what Dick Morris is to political predictions and I've long suspected Kudlow is a closet Obama supporter.