April 9, 2010

IT'S NOT AS IF THEY WERE EVEN A LITTLE EMBARRASSED...:

A V-Shaped Boom Is Coming: Conservatives shouldn’t fight the tale of the tape. (Larry Kudlow, 4/09/10, National Review)

Sometimes you have to take out your political lenses and look at the actual statistics to get a true picture of the health of the American economy. Right now, those statistics are saying a modest cyclical rebound following a very deep downturn could actually be turning into a full-fledged, V-shaped, recovery boom between now and year-end.

I’m aiming this thought especially at many of my conservative friends who seem to be trashing the improving economic outlook — largely, it would appear, to discredit the Obama administration.

Don’t do it folks. It’s a mistake. The numbers are the numbers. And prosperity is a welcome development for a nation that has suffered mightily.

Credibility is at issue here. Conservative credibility. Capitalist credibility. [...]

Rather than blow their credibility over a cyclical rebound that is backed by the statistics, free-market conservatives should tell it like it is.


...by the boom that followed the Clinton budget in '93-'94.

Posted by Orrin Judd at April 9, 2010 6:16 PM
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