Saturday, May 4, 2013

Still in decline

Larry Kudlow, who is usually a pony-in-here-somewhere optimist (about three years ago, he wrote a column called "The Coming V-Shaped Boom," right before the MEC economy took a turn for the worse; perhaps the experience chastened him), demonstrates the ongoing underlying weakness of our situation, despite the upbeat nature of some stats in the April jobs report.

Which, of course, is the desired effect for the architects of the Great Leveling.

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