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We Have a Fiscal Problem, Not a Monetary One
Real Clear Markets ^ | April 1, 2016 | Larry Kudlow

Posted on 04/01/2016 4:05:23 AM PDT by expat_panama

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To: MadIsh32
Everyone wants to be an entrepreneur because of how worshiped they are now. And its a good thing.

Were you in Baltimore last year? Ferguson Missouri the year before that?

21 posted on 04/01/2016 5:47:44 AM PDT by Go Gordon (Barack McGreevey Obama)
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To: Travis McGee

It’s just as likely that the ultimate outcome might be better with a more rapid conclusion, rather than a prolonged slide.


It seems to me that a solar flare in 1932 would be much less painful than even the best case scenario today, but perhaps I have read through Collapse too many times.

Timing in terms of time of year seems the most immediate relevant thing, especially if we are looking at a very brutal landing, but what is good in one region or environment will not necessarily be good in another immediately, and what seems best immediately may not seem best in the long term.


22 posted on 04/01/2016 6:04:05 AM PDT by Hieronymus ( (It is terrible to contemplate how few politicians are hanged. --G. K. Chesterton))
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To: central_va

Ah yes, when you have no facts nor logic, resort to insults.

Have a fantastic Friday my friend.


23 posted on 04/01/2016 6:06:20 AM PDT by MadIsh32 (In order to be pro-market, sometimes you must be anti-big business)
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To: Travis McGee

From a free market perspective, of course Harley should have died. If it can’t compete, why does the gov’t need to prop it up?

However, the early 1980s economy was far different then today’s economy. Apples and oranges

Today Harley’s have parts manufactured all over the world. Just like any other major company in America.


24 posted on 04/01/2016 6:08:06 AM PDT by MadIsh32 (In order to be pro-market, sometimes you must be anti-big business)
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To: Travis McGee

Free Traitors™ would rather crash the whole system and have Great Depression II than try protectionism and rebuilding our industrial base.


25 posted on 04/01/2016 6:09:08 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: wayoverontheright

Maybe because I am in the tech industry, but my experience is far different from yours. Entrepreneurs are worshiped rock stars, in particular amongst the young.

Musk, Zuckerberg, Jobs, Sean Parker. Admired stars, not vilified.


26 posted on 04/01/2016 6:09:32 AM PDT by MadIsh32 (In order to be pro-market, sometimes you must be anti-big business)
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To: MadIsh32
Because they create cool stuff, don't pollute, and give lots of money to expand social justice. Software is a liberal politician's favorite industry - just a bunch of guys in an office generating tax dollars for the welfare state.

The entrepreneur who opens a new heavy manufacturing plant in Santa Clara might have a much larger positive impact on the economy, but he isn't going to get any worship from the kids - nor from the local looter class.

27 posted on 04/01/2016 6:20:01 AM PDT by Mr. Jeeves ([CTRL]-[GALT]-[DELETE])
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To: Mr. Jeeves

Musk is about to open an even larger heavy manufacturing plant in Santa Clara.

Entrepreneurs who disrupt are industries are awesome.

Crony industrialists who rely on gov’t to bail them out of mistakes deserve ridicule.


28 posted on 04/01/2016 6:24:03 AM PDT by MadIsh32 (In order to be pro-market, sometimes you must be anti-big business)
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