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.
bingo! I suspect the same. I no longer listen to this blowhard.
Please tell me when they were ever related. I'm dying to know.