On 10/04/2010 5:27 PM, bpuharic wrote:
larry kudlow, a far right wing fundamentalist christian who writes for
'national review' admits the economy is booming and that we may be
looking at rapid growth:

http://article.nationalreview.com/43...g/larry-kudlow


Depends on which definition of recovery do you want to use? Politicial
or value based?

Politicial being, crater the dollar causing inflation, and resulting
inflationary GDP growth is a recovery. Does not mater if inflation
outstrips GDP growth, outpaces jobs and stagnent or diminishing wages.
Which is what is happening.

Or value based, where is the net income for America? Is net income
recovering at a equal or greater pack than GDP inflation? A question
Obama would not want to answer as on a value basis, recovery isn't in
sight at all.

Reality is a value hit to American wealth. Much of this is inflation
where the elasticity exists to pass it on like energy, materials and food.

--
The Liberal way, take no responsibility.