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Pastimes : CNBC -- critique.

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To: capitalistbeatnik who started this subject7/6/2001 7:48:44 AM
From: Mark Marcellus  Read Replies (1) of 17683
 
We can all rest easy, Larry Kudlow says everything is going to be all right. It seems that lower energy prices are going to bail us out. Never mind that when they were going up the only thing he could talk about was the "core" rate of inflation, the most important statistic in that wonderful world where energy prices don't matter.

Of course Kudlow has every reason to be optimistic. His leading economic indicator, the CNBC in-house cheerleader pay rate, is doing fine.
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