Larry Kudlow: (I like opinions like this, the Bush people are asleep. Bush is going to get clobbered in Nov imho. My favorite in this is Kudlow's opinion that "trade flows are strong"- oh yes a billion dollar trade deficit is outstanding LOL)
Democrats may carp about short-run budget deficits, and the vast majority of media commentators are obsessed with these deficits, but the economy is healthy, the stock market is strong, trade flows are positive, and interest rates and inflation are at rock bottom. Let them carp and obsess.
Liberal Yale economist Ray Fair has perfected a model that predicts election outcomes. Recently, his model has been re-estimated by the well-respected Macroeconomic Advisors of St. Louis. Both models came within a few tenths of a percent of accurately predicting the popular vote in 2000. Taking into account today's strong economy, both predict a Bush victory with roughly 60 percent of the vote come November.
In electoral terms, it's the economy, not the budget deficit, that will decide November's presidential election. Bush's economy, and his re-election prospects, are in fine shape
townhall.com |
