Sunday, February 17, 2008

Kudlow's Money Politic$: No Recession


We probably have dodged the "recession" bullet.
Hill/B Hussein want us back in the crosshairs of a real recession with their the punish-the-rich populism.
Bummer....
Kudlow's Money Politic$: No Recession: "Speaking in Warren, Ohio, this week, Sen. Clinton singled out oil, credit-card, insurance, pharmaceutical, investment, and student-loan firms in a massive attack on business. She’s attacking corporations that employ 23 million people and, by the way, pay higher than average wages. In other words, Clinton is attacking 23 million jobs. This is the forgotten middle-class. And they know that if politicians curb or confiscate the profits of their companies, it is they, the workers, who will be harmed.

This is what Hill-Bama fails to understand. This is why Hill-Bama policy would be so damaging to the economy. Corporations are profitable, sure. But wage earners get 70 percent of the profits; investors share the remaining 30 percent."

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