Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

The 2010 Economy Will Boom Thanks To Free-Market Capitalism
The Business Insider ^ | 12-31-2009 | Larry Kudlow

Posted on 12/31/2009 12:08:55 PM PST by blam

The 2010 Economy Will Boom Thanks To Free-Market Capitalism

Larry Kudlow
Dec. 31, 2009, 10:20 AM

Despite the historic expansion of the federal government’s involvement in, intervention in, and control of the economy -- including Bailout Nation; takeovers of banks, car companies, insurance firms, Fannie, Freddie, AIG, GM, Chrysler, and GMAC; large-scale tax threats; overregulation; an attempted takeover of the health-care sector; ultra-easy money; a declining dollar; and unprecedented spending and debt creation -- despite all the things that would be expected to destroy the economy -- all this socialism lite and the degrading of incentives and rewards for success -- despite all this, the U.S. economy has not been destroyed.

In fact, it is coming back. In 2009, the stock market had one of its greatest rebounds in history. And in 2010, we’re likely to witness a mini boom in economic growth.

{snip}

Read the full column at Kudlow's Money Politic$ -->

(Excerpt) Read more at businessinsider.com ...


TOPICS: News/Current Events
KEYWORDS: 2010; bhoeconomy; boom; capitalism; economy; kudlow; recession

1 posted on 12/31/2009 12:08:57 PM PST by blam
[ Post Reply | Private Reply | View Replies]

To: blam

One wonders of they’ll blame George Bush if there’s a recovery.

IMHO


2 posted on 12/31/2009 12:10:47 PM PST by ripley
[ Post Reply | Private Reply | To 1 | View Replies]

To: blam

Looks like Larry’s fallen off the wagon...


3 posted on 12/31/2009 12:10:59 PM PST by griswold3 (You think health care is expensive now? Just wait till it's FREE!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: blam
The 2010 Economy Will Boom Thanks To Free-Market Capitalism

They are talking about CHINA, right?!?

4 posted on 12/31/2009 12:11:26 PM PST by Caipirabob (Communists... Socialists... Democrats...Traitors... Who can tell the difference?)
[ Post Reply | Private Reply | To 1 | View Replies]

To: blam

Now if only we were in a country where free market capitalism was practiced.


5 posted on 12/31/2009 12:13:14 PM PST by NeoCaveman (Hey Ducks, fear the sweater vest)
[ Post Reply | Private Reply | To 1 | View Replies]

To: blam
Larry almost never has a discouraging word to say about the stock market or the economy.

Sometimes he just can't see that the light at the end of the tunnel is a train!

6 posted on 12/31/2009 12:14:16 PM PST by The Gent
[ Post Reply | Private Reply | To 1 | View Replies]

To: blam
Why I Am Bullish On India Economy And Stock Market 2010

Stock-Markets / India
Dec 31, 2009 - 07:09 AM
By: G Abraham

India is 1/10 th the size of US economy and EU economy and yet holds far more promise and resillience than both these economies combined. While the world focuses on Chinese growth albeit with skepticism and caution at the numbers being thrown out, no such aspersions have ever been cast at India. Indian growth has been a transparent and extremely well led, consumer and infra story.

[snip]

7 posted on 12/31/2009 12:15:10 PM PST by blam
[ Post Reply | Private Reply | To 1 | View Replies]

To: blam
The 2010 Economy Will Boom Thanks To Free-Market Capitalism”

Where is the Free-Market Capitalism in America?
The communist 0bozo is busy taking over up to massive 60% of the US economy already.

8 posted on 12/31/2009 12:19:19 PM PST by SmokingJoe
[ Post Reply | Private Reply | To 1 | View Replies]

To: blam

After three years of Rescission, we must hope and pray that our economy recovers in 2010.


9 posted on 12/31/2009 12:19:29 PM PST by trumandogz (The Democrats are driving us to Socialism at 100 MPH -The GOP is driving us to Socialism at 97.5 MPH)
[ Post Reply | Private Reply | To 1 | View Replies]

To: All

Spending many years looking at many analysts for market direction—up or down for the forseeable future, all I can say is that Larry Kudlow is on my 100% respected list.
Overwhelmingly, more often right than wrong. Great Analyst.


10 posted on 12/31/2009 12:19:47 PM PST by Sporaticus
[ Post Reply | Private Reply | To 5 | View Replies]

To: trumandogz
After three years of Recession, we must hope and pray that our economy recovers in 2010.
11 posted on 12/31/2009 12:22:28 PM PST by trumandogz (The Democrats are driving us to Socialism at 100 MPH -The GOP is driving us to Socialism at 97.5 MPH)
[ Post Reply | Private Reply | To 9 | View Replies]

To: blam

New taxes, heavier regulations and huge government debt spending says there will be no recovery. We do not have one now.


12 posted on 12/31/2009 12:29:00 PM PST by GeronL (http://libertyfic.proboards,com)
[ Post Reply | Private Reply | To 1 | View Replies]

To: blam
If they stage a fake boom to try to rescue beleaguered Democrats before the 2010 elections, the chances of an Argentina 2001-style middle class wipe-out become that much greater in 2011.

So from the Obama Administration's point of view, it's a two-for-one...

13 posted on 12/31/2009 12:33:06 PM PST by Mr. Jeeves ("If you cannot pick it up and run with it, you don't really own it." -- Robert Heinlein)
[ Post Reply | Private Reply | To 1 | View Replies]

To: blam
... despite all this, the U.S. economy has not been destroyed.


"Look, it's STILL floating, guess we didn't need to leave..."

14 posted on 12/31/2009 12:35:12 PM PST by Paul Ross (Ronald Reagan-1987:"We are always willing to be trade partners but never trade patsies.")
[ Post Reply | Private Reply | To 1 | View Replies]

To: blam
In fact, it is coming back. In 2009, the stock market had one of its greatest rebounds in history. And in 2010, we’re likely to witness a mini boom in economic growth.

Looks like Larry is confusing stock market manipulation with the real economy....

hh
15 posted on 12/31/2009 12:46:05 PM PST by hoosier hick (Note to RINOs: We need a choice, not an echo....Barry Goldwater)
[ Post Reply | Private Reply | To 1 | View Replies]

To: griswold3

“Looks like Larry’s fallen off the wagon...”

Yeah I guess he started his New Year’s celebration early...

I don’t think he understands “carry trading”. Further, the stock market is merely a projection of future performance. It guarantees nothing.

The real economy (other than government spending) is still deep in the doldrums.


16 posted on 12/31/2009 12:48:17 PM PST by PreciousLiberty (In theory, theory and practice are the same. In practice, they're not.)
[ Post Reply | Private Reply | To 3 | View Replies]

To: blam
The 2010 Economy Will Boom
17 posted on 12/31/2009 12:52:27 PM PST by OB1kNOb (Liberals want conservatives to give Obama time. I agree. I think life without parole is sufficient)
[ Post Reply | Private Reply | To 1 | View Replies]

To: blam

If it does manage to squeak by; taxes will kill it.


18 posted on 12/31/2009 12:54:30 PM PST by freekitty (Give me back my conservative vote; then find me a real conservative to vote for)
[ Post Reply | Private Reply | To 1 | View Replies]

To: trumandogz

The ‘progressive’ intervention or directing money to nonproduction will not allow growth let alone any resemblance of ‘recovery’.
Welcome to the new normal.
Corporatism or central planning (an economy directed by the ‘invisible hand of the government’ -Obama)


19 posted on 12/31/2009 1:06:25 PM PST by griswold3 (You think health care is expensive now? Just wait till it's FREE!)
[ Post Reply | Private Reply | To 9 | View Replies]

To: PreciousLiberty

There was a similar stock market rally just before the great depression. I believe that things are going to get much worse.....and I’m a positive thinking person.

Yep....things will positively get worse.


20 posted on 12/31/2009 1:34:15 PM PST by agondonter
[ Post Reply | Private Reply | To 16 | View Replies]

To: blam
A bigger crock of crap has never been spewed from a demons mouth... 2010... DEPRESSION!

LLS

21 posted on 12/31/2009 2:44:20 PM PST by LibLieSlayer (hussama will never be my president... NEVER!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: trumandogz
I see nothing being done that will do anything but make things worse... not one thing the gooberment has done will help in any way... quite the opposite... what they have done is damaging.

LLS

22 posted on 12/31/2009 2:46:25 PM PST by LibLieSlayer (hussama will never be my president... NEVER!)
[ Post Reply | Private Reply | To 9 | View Replies]

To: blam
And in 2010, we’re likely to witness a mini boom in economic growth.

And what is going to be the impetus for this boom?

Cap & Tax?

Healthcare and its taxes?

"Comprehensive immigration reform"?

The end of the Bush tax cuts?

Yet another Porkulus?

Other as yet unspecified tax increases?

An inflationary spiral?

I wonder what Kudlow has in mind...

23 posted on 12/31/2009 2:57:36 PM PST by okie01 (THE MAINSTREAM MEDIA: Ignorance on Parade)
[ Post Reply | Private Reply | To 1 | View Replies]

To: blam
I'd listen to that idiot Jim Kramer before I'd listen to Larry Kudlow.
24 posted on 12/31/2009 4:07:40 PM PST by E. Pluribus Unum (Islam is a religion of peace, and Muslims reserve the right to kill anyone who says otherwise.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: E. Pluribus Unum; okie01; LibLieSlayer; griswold3; agondonter
Brace For Impact: In 2010, Demand For US Fixed Income Has To Increase Elevenfold... Or Else
25 posted on 01/01/2010 8:11:08 AM PST by blam
[ Post Reply | Private Reply | To 24 | View Replies]

To: blam

Seems someone else sees things with the clarity that some of us here on FR share.

LLS


26 posted on 01/01/2010 8:28:47 AM PST by LibLieSlayer (hussama will never be my president... NEVER!)
[ Post Reply | Private Reply | To 25 | View Replies]

To: Caipirabob

so true


27 posted on 01/20/2010 1:22:15 PM PST by oioiman (The Federal Reserve has officially been listed as the USA's cause of death.....)
[ Post Reply | Private Reply | To 4 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson