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Curb Your Economic Pessimism
Townhall.com ^ | March 28, 2015 | Larry Kudlow

Posted on 03/28/2015 9:29:31 AM PDT by Kaslin

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1 posted on 03/28/2015 9:29:31 AM PDT by Kaslin
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To: Kaslin
Now, let’s acknowledge that coming off a deep recession ...

Question: How many Americans were forced out of the labor force in 2008? That really, really tremendously deep recession? The one that was totally Bush's fault?

And how many Americans are out of the labor force now, after 6 years of recovery? I think it's only gotten worse.

And how many trillions of dollars have been added to the debt over these past 6 years? Improvement? I don't think so.

And Obamacare -- net gain or net loss to American families?

Are we actually coming out of the recession? Or has it just been deepening for Obama's entire time in office?

2 posted on 03/28/2015 9:36:08 AM PDT by ClearCase_guy ("Victim" -- some people eagerly take on the label because of the many advantages that come with it.)
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To: Kaslin
Curb Your Economic Pessimism

Proof that many a so called journalists DO NOT see the forest for the trees.

3 posted on 03/28/2015 9:42:09 AM PDT by VideoDoctor
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To: VideoDoctor

Yeah, Kudlow suffers from two diseases:
A: He is the eternal optimist about America and the economy.
B: He just deals inside the Manhattan to DC corridor, and never sees the real world.

Too bad - his instincts are great - but he’s out of touch.


4 posted on 03/28/2015 9:45:26 AM PDT by C. Edmund Wright (www.FireKarlRove.com NOW)
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To: Kaslin
IMHO there are pocket areas of economic recovery...Wall Street ... some states and some cities like San Francisco.

But overall, small town America is still hurting and has little means to recover.

What can a small town entrepreneur do, open a hamburger stand, a corner drug store, a neighborhood hardware store, a grocery store?

Someone from out of town already owns that market and the best you can hope for is a $15 an hour job as a manager

5 posted on 03/28/2015 9:46:10 AM PDT by jcon40
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To: ClearCase_guy
What party had the majority in Congress (House of Representatives and Senate?

The answer is it was the Rat party who did. Before they got the majority in the 2006 election because so many on our site wanted to teach the GOP a lesson, there was nothing wrong with the economy. The economy was thriving and unemployment was practically nonexistent. Things changed when the rats took over.

So no, it was not President Bush's fault, but the rat's fault and those on our site who sat home and let the rats take over

6 posted on 03/28/2015 9:47:24 AM PDT by Kaslin (He needed the ignorant to reelect him, and he got them. Now we all have to pay the consequenses)
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To: VideoDoctor

Larry is a bit more than a journo though, he worked for Reagan under Dave Stockman.

I’m not saying I agree 100% but he’s an interesting guy.


7 posted on 03/28/2015 9:47:40 AM PDT by nascarnation (Impeach, convict, deport)
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To: ClearCase_guy
Labor force participation. Pretty normal until Jan 2009. Then it starts dropping.


That's what "coming out of a recession" looks like?

8 posted on 03/28/2015 9:47:59 AM PDT by ClearCase_guy ("Victim" -- some people eagerly take on the label because of the many advantages that come with it.)
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To: Kaslin

the rate of homeownership in the United States has fallen to a 20 year low.


9 posted on 03/28/2015 9:58:31 AM PDT by george76 (Ward Churchill : Fake Indian, Fake Scholarship, and Fake Art)
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To: Kaslin

Perhaps Larry needs to curb his economic optimism......He’s a super Pollyanna.


10 posted on 03/28/2015 10:00:29 AM PDT by expat2
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To: Kaslin
People are making money in the US.

The only problem is with the percentage of the US population that is making and accumulating that money.

What you are currently seeing is the consolidation of wealth. This has happened many times throughout history.

This is the tipping point where the US goes from being a republic, and becomes an empire.

And so the story of the US draws to a close.

11 posted on 03/28/2015 10:03:31 AM PDT by factoryrat (We are the producers, the creators. Grow it, mine it, build it.)
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To: Kaslin
Mr. Kudlow is wrong. Our currency is without worth. We have been and are in a depression. And real wealth is rapidly being transferred to those who engineered this mess.

Less happy talk and more realistic appreciation of this dire situation is called for. Only then will we start solving it.

12 posted on 03/28/2015 10:12:33 AM PDT by DakotaGator (Weep for the lost Republic! And keep your powder dry!!)
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To: Kaslin

We seem to be bumping along the bottom.

Every time we hit a bump and go up we feel a tingle go up our leg.

Every time we bump down its just the pits.


13 posted on 03/28/2015 10:19:05 AM PDT by spintreebob (tion)
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To: Kaslin

Wow. An article that actually calls it.

“..And the government has attacked the high-end movers and shakers with tax hikes and overregulation.

And unfortunately, a damaging business psychology prevails. It says that success must be punished, and that redistribution is the way to solve inadequate growth, inequality, and unhappiness.”

And I would add taxes and regulations on the people and small businesses.

Instead of some garbage about monetary policy, get the government out of businesses and peoples way; remove regulations and taxes, and watch the economy grow like crazy.


14 posted on 03/28/2015 10:59:02 AM PDT by ForYourChildren (Christian Education [ RomanRoadsMedia.com - a Classical Christian Approach to Homeschool ])
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To: C. Edmund Wright; Kaslin
Yeah, Kudlow suffers from two diseases: A: He is the eternal optimist about America and the economy.

It is a "disease" now to be optimistic about America, is it?

And because you are by contrast so much more the pessimist, what you have to say allegedly somehow carries more weight?

Larry's opinions have been published and read since the Reagan years and his optimism -- also scoffed at at the time by liberal "intelligentsia"-- was reflective of the success of that era as well.

Your depression-laced blogs will be forgettable long before you have even composed them, Eddie.

Maybe your opinions will gain some standing when they can garner the media exposure Kudlow has had for 30 years, and demonstrate any credible hope of remaining 1/2 as relevant 30 years later.

Until then, "C. Edmund"'s blogs will rate about the same as might a "Crazy Eddie" blog on "-ludes."

FreeRepublic ought to consider awarding "Eeyore"'s to some depression-driven posters around here the same way the political analysts award "Pinocchio"'s to all the "politi-fibbers."

 photo million-vet-march.jpg

15 posted on 03/28/2015 11:00:59 AM PDT by Agamemnon (Darwinism is the glue that holds liberalism together)
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To: ClearCase_guy

5%-7% official unemployment
10% more of the adult population early retired/disabled/detached from workforce

So roughly 1/8 not working who used to be


16 posted on 03/28/2015 11:21:03 AM PDT by tbw2
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To: Kaslin

Just stop it Larry. There is no rebound you moron. 93 million people out of work. We are in an ongoing Depression not recovering from a Recession. We have no chance of seeing anything positive for at least 22 months because Barack Hussein Obama works tirelessly to prevent it.


17 posted on 03/28/2015 11:21:08 AM PDT by Georgia Girl 2 (The only purpose o f a pistol is to fight your way back to the rifle you should never have dropped.)
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To: Agamemnon

Whoa there aggie - you need to climb down off of your high horse - and do it carefully so you don’t snag your skirt.

It is a disease to be optimistic about America in general? No. Is Kudlow guilty of being overly optimistic? Yes, for many years. But that’s not the point.

To correct your major mistake, optimism under Reagan is well founded. Much of the opportunity we had under Reagan is long gone, thanks primarily to Obama and The Fed. Kudlow has not seemed to understand that. He seems not to understand the disaster main street entrepreneurialism is under.

And I have no depression blogs - you are on crack.


18 posted on 03/28/2015 12:25:29 PM PDT by C. Edmund Wright (www.FireKarlRove.com NOW)
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To: Agamemnon
If your'e real nice and apologize, I'll send you autographed copy at reduced cost.


19 posted on 03/28/2015 12:27:58 PM PDT by C. Edmund Wright (www.FireKarlRove.com NOW)
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To: C. Edmund Wright; Kaslin
As evidenced by all that potty mouth you used in the private message you sent to me just now (which I shall refrain from repeating at this time), you clearly write as one who too frequently finds they must call upon the vocabulary of intellectually impoverished teenager to make his point. Karl Rove for all his faults will have nothing to fear from your demonstrated level of “mastery” of the English language.

Yet, somehow despite all that, it is he who appears to live inside your head, not the other way around. And for what it is or isn't worth, Rove's and Kudlow’s opinions are sought out and actually get frequent air time in major media, where, quite unsurprisingly and by contrast, yours does not.

Your negativity will forever wilt in the presence of someone who has true intellectual heft:

“I'm optimistic because of you. I'm optimistic because I believe in the American people. And I'm optimistic, because I am convinced, God isn't done with America yet.”

--Ted Cruz, Liberty University, Monday, March 23, 2015

Kudlow’s and Cruz’ optimism will be going strong long after your dated, stale, foul-mouthed, and depressed little blog-lumps of album graecum perpetually fade into the abyss of their ever diminishing price points, even as one such as yourself eventually finds their negativity confined to their own personal treadmill of irrelevance.

 photo million-vet-march.jpg

20 posted on 03/29/2015 6:38:48 PM PDT by Agamemnon (Darwinism is the glue that holds liberalism together)
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