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Optimism in the Air
National Review Online, by Larry Kudlow

Original Article

Posted By:StormCnter, 3/16/2013 6:02:28 AM

You might not know it from the acrimonious political debate on cable and broadcast TV, or on talk radio, or on websites and blogs. But here’s a counterintuitive observation: Amidst all the negativism out there, I believe optimism is in the air. That’s right. Optimism. Sometimes you have to search for it, or read it in the fine print. But I believe the political economy is getting better, not worse. Let me make a few points to defend what most folks believe is an indefensible position. The stock market is hitting record highs daily, returning a tremendous amount of wealth

      


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Reply 1 - Posted by: Mazeman, 3/16/2013 6:10:15 AM     (No. 9227682)

He´s drunk.

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Reply 2 - Posted by: A Balrog of Morgoth, 3/16/2013 7:14:45 AM     (No. 9227725)

Green shoots. Right, Larry?

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Reply 3 - Posted by: revdeppisch316, 3/16/2013 8:31:14 AM     (No. 9227826)

Larry Kudzu is as wrong as the creeping vine that chokes out everything it covers.



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Reply 4 - Posted by: MOBeef4u, 3/16/2013 8:31:57 AM     (No. 9227827)

Don´t knock Larry. He´s looking at the big picture and it isn´t as dire as many want you to believe. This is for the buy high, sell low crowd that´s always so sure the end is near that it misses out on the recovery gains. America is improving in spite of this administration´s efforts. I think much of it is coming from the smart states and will continue.
Just a thought, much concerning the economy operates on regional not national levels. It´s dangerous to paint with too broad a brush.

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Reply 5 - Posted by: Judith, 3/16/2013 8:41:51 AM     (No. 9227840)

If you listen to the business talk on our local radio show (MA), then you would think everything is hunky dory. And they actually use facts to substantiate their opinion. They point to the soaring stock market and the wonderful unemployment statistics. They obviously do not look at what is clear for anyone driving through the towns in this state to see. Many empty store fronts and office buildings. Just go in the grocery store. When was the last time you saw a full grocery cart? Perhaps the experts know/see things I don´t, but what I´m seeing does not reassure me.

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Reply 6 - Posted by: ROLFnader, 3/16/2013 8:48:34 AM     (No. 9227855)

In other words , Larry, your talks with Paul Ryan were ´constructive´- right?

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Reply 7 - Posted by: jalo1951, 3/16/2013 9:12:17 AM     (No. 9227893)

I have lost my health insurance, my husband has been unemployed for over a year, I have not had a raise in three years, gas and food (plus everything else) has risen in cost, my college educated son cannot find a good job (and he did not vote for obama), my taxes have gone up, etc. etc. I cannot be the only person in this situation. Larry has money to lose, to save to spend. A lot of us don´t and the horizon does not look rosy. Whatever small gains we might make economically by the end of the year will be crushed by that smelly cow pie called obamacare.

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Reply 8 - Posted by: JAN, 3/16/2013 9:29:01 AM     (No. 9227919)

Kudlow is one of O´s most faithful shills on the economy.

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Reply 9 - Posted by: nonsense, 3/16/2013 9:59:10 AM     (No. 9227970)

I wish I could believe it, but I don´t.

I read an article the other day by an economist who described the Great Depression as a time when money had value, but most people did not have any money.

During this Depression people have money, but it is has no true value.

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Reply 10 - Posted by: Foggybottom, 3/16/2013 10:16:35 AM     (No. 9228006)

Socialist Statism sucked the life out of the economy. Small business has been exterminated. They´ve spent our life savings and have stolen our children´s future. Larry, you are a goofball or are on one.

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Reply 11 - Posted by: Dragonslayer2, 3/16/2013 10:34:54 AM     (No. 9228039)

Is it possible that the stock market is hitting record highs because it is a safer place to invest one´s money than to use it to hire people due to the constant threats of higher taxes for the hiring class, higher energy costs, more oppressive regulation, and higher medical care costs?

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Reply 12 - Posted by: J F Ackerman, 3/16/2013 11:06:00 AM     (No. 9228098)

Well done, #3!

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Reply 13 - Posted by: lil dotty, 3/16/2013 11:38:15 AM     (No. 9228142)

OOps. Optimism may be in the air but the ill wind has blown optimism out of the picture. Is your balloon failing

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Reply 14 - Posted by: stymie82, 3/16/2013 11:40:11 AM     (No. 9228144)

Kudlow was predicting a 300+ electoral vote landslide for Romney and was very taken aback and quiet, not knowing what to say for a while. Since then, he has been all in praising the glories of the Obama economy.

He couldn´t be more wrong! Billions in printed money per day to prop up Wall Street-interest rates pushed down to near zero-no companies hiring at all in spite of profits-the Obamacare disaster not even taken fully into reality. Kudlow is flailing-may be back on the sauce. We all know the truth-college graduates working as busboys-seniors earning one percent on their bank deposits. Kudlow can´t face that Obama is not a man doing what is what is in his country´s interest-Obama is a terrorist-a destroyer!

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