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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?


To: stockman_scott who wrote (8876)11/6/2002 2:46:32 PM
From: Jim Willie CB  Read Replies (1) | Respond to of 89467
 
Kudlow is not on my list of competents anymore
since his show on CNBC his stupidity and partyline thinking has dominated sadly

he doesnt understand the depth of debt in our economy
he looks at the past, but doesnt see the growth in debt
he only sees the successful economic response to conventional policy

I expect stocks to shake it off, and rise some
but an horrendous Christmas retail season will weigh heavily

Meltzer is now on CNBC, from Shadow OMC
he is denying deflationary pressures now
he is from my alma mater Carnegie Mellon Univ
I dont share all the praise and respect this guy gets
overcapacity in the USA and China and Japan and Asia is huge
this guy doesnt get it
he thinks lower rates will help when Mfg Cap Utilization is at 65% !!!

/ jim