Stop sending American jobs to China.
Now.
Is 5 percent growth possible? It could be, with the right market-oriented incentives for work, investment, innovation, immigration, health and retirement. Keep the heat on spending restraint. And don’t forget a sound dollar.””
In a word, “NO”. We can’t grow ourselves out of this mess. The debt and unfunded liabilities (which due to ZIRP are spinning out of control) can’t be healed through anything Kudlow lists. We need a hard reset which includes a universal deleveraging (unwinding of debt) which wasn’t allowed in 2008 but can’t be avoided this time around.
Cyprus on a global scale.
The U.S. needs an ambitious growth agenda.
Taht ain’t going to happen with this president,the worst one in history he’s to stupid to rule and proud of it.