Archive for the ‘Economy’ Category

Joe Biden is attempting to look like a leader on the China Virus. It’s failing because he’s proposing to do things that President Trump did months ago. They sound reasonable at first blush. That’s because they’ve been implemented months ago:

The former vice president swung into his spiel: “I talked early on about the Defense [Production] Act” to order companies to manufacture essential items, he said. Mr. Trump invoked the DPA March 27 to force General Motors to step up ventilator production.

Then, Mr. Biden said, “you need more testing.” More than 50 million tests have been conducted in the U.S., 754,858 on Tuesday alone. Next, he said, “insist that everyone wear masks.” The White House Coronavirus Task Force and Centers for Disease Control and Prevention recommended on April 3 that everyone wear masks in public.

To help the economy, Mr. Biden proposed to “make sure that people are in a position where they can maintain their businesses.” Mr. Trump signed the Cares Act on March 27, providing $349 billion in partially forgivable small-business loans, later raised to $659 billion. His next idea was to guarantee “no one has to pay for contracting COVID and being treated for COVID.” The Trump administration announced April 3 it would use Cares Act money to pay hospitals that treat uninsured people for Covid-19.

Remember that this Reid-Biden interview happened on July 20. Way to go, Joe. You got around to proposing your China virus plan 3+ months after President Trump implemented this plan. Moving at that speed, we’re sure to defeat the virus before the end of President Trump’s successor’s 2nd term.

With regard to a vaccine, Mr. Biden said it was essential to “have a command officer now . . . to put together exactly how that will be distributed to over 300 million Americans.” Gen. Gustave F. Perna, head of Army Materiel Command, was appointed chief operating officer of Operation Warp Speed on May 15 to accelerate vaccine production and distribution.

Again, Biden is late by 2 months. Can’t this guy get anything done fast? I’ll tell you what Biden did in March. We can’t forget this golden oldie:

Joe Biden’s economic plan will produce a recession:

The former vice president’s July 9 economic plan, for example, proposes to raise $3.2 trillion in revenue over the next decade. It would do so by increasing taxes not only on the top 1% but on every American. The nonpartisan Tax Foundation says it “would lead to lower after-tax income for all income levels” and reduce the nation’s gross domestic product.

That’s before Biden would reimpose the industry-crippling regulations that temporarily killed the coal industry and the energy industry. By comparison, President Trump’s policies have made the US the world’s largest producer of energy. We don’t rely on foreign energy anymore.

Another example: Mr. Biden’s July 14 climate plan calls for closing every natural gas and coal-fired power plant within 15 years. They now produce 60% of America’s electricity. It’s probably impossible to achieve, but even trying would raise everyone’s utility bills and endanger millions of jobs in the energy and power sectors.

It’s time to reject this hostage of the far-far-left. We can’t afford his incompetence.

Kim Strassel’s Potomac Watch column nails it in terms of the presidential campaign. She wrote “The headlines of late proceed from the premise that Joe Biden is on a glide path to the White House. Stories highlight polls showing President Trump losing key swing states, even GOP strongholds. Texas is in play! Georgia is at risk! Journalists explain that Mr. Biden is banking money, while the Trump campaign’s leadership team is in chaos. They feature congressional race trackers, who rate more Republicans as vulnerable. All that’s left is for Jill Biden to pick the curtains.”

Let’s stop this stupidity this instant. Joe Biden is proposing to destroy the fossil fuel economy but fossil fuel-rich Texas is in play? That’s a joke and then some. This article says it all: “Biden’s liberal climate policies feared by unions in Pennsylvania.”

If Biden’s climate change policies worry union bosses in Pennsylvania, which Trump won by 44,000 votes, what’s the likelihood that Trump’s in danger of losing Texas, which he won by 807,000 votes? Does Trump have an enthusiasm problem in Texas? I wouldn’t bet on it.

Mr. Biden is promising to delete the jobs of millions of Americans—at a time of soaring unemployment. A study by the National Ocean Industries Association finds that a ban on offshore drilling alone would cost 200,000 jobs, damaging regional economies. Mr. Biden would overrun the nation with solar panels, wind turbines and charging stations. Basic consumer choice would disappear for vehicles, dishwashers, even homes. The Justice Department would become a weapon against businessmen who run afoul of fast-changing progressive standards.

That will be a huge issue in battleground states this fall. It won’t be the biggest issue, though. Riots and “Defund the Police” will be the biggest issue. COVID will be important, just not as important as Defund. People have worries about COVID but they’ve learned to live with the risk. They’re frightened about the riots and Defund the Police. Outside elderly neighborhoods, COVID isn’t that big of a worry.

Every neighborhood is threatened by Defund the Police. Either that or they know someone who’s threatened by defunding police departments. Further, Joe Biden is on the wrong side of the Defund issue. Yes, Chris Wallace, Biden did say that he’s for defunding the police:

Hint: redirecting money away from police departments is defunding. It’s just using a different word. The effect is still the same.

The Trump White House used the week to lay out a competing vision. At a UPS facility in Georgia Wednesday, the president announced a “top-to-bottom overhaul” of the federal environmental review process, which stands in the way of nearly every infrastructure project in the country. Transformation of that permitting regime would clear the way for new highways, ports, bridges, pipelines and tunnels. That would create millions of jobs, attract more business to America and make the country more competitive. “Biden wants to massively re-regulate the energy economy,” Mr. Trump said, drawing the contrast. “We want to get things built.”

In other words, President Trump wants to make life better faster. Biden wants to listen to AOC’s and Bernie’s socialist instructions. That’s the fast-track to a lost decade.

We lost a decade of economic growth during the Obama administration. We’d experience worse economic growth during a Biden-Sanders-AOC administration. In fact, we’d likely experience a major recession during a Biden-AOC-Sanders administration.

This Sunday night, Harris Faulkner will host a major special titled “Harris Faulkner Presents: The Fight for America.” Here’s what we’re told about the special: Harris Faulkner Presents: The Fight for America will be hosted by Outnumbered and Outnumbered Overtime anchor Harris Faulkner, and will spotlight discussions surrounding the national conversation about race in America and the path forward for the country, said network officials. Appearing on the special will be Sen. Tim Scott (R-SC), former NFL star Herschel Walker, Fraternal Order of Police Vice President Joe Gamaldi and Dallas Mavericks owner Mark Cuban, as well as Hannity host Sean Hannity and FNC contributors Dr. Alveda King and Gianno Caldwell.

Cuban better bring his A game. He’s supporting Joe Biden so it’s likely that he’ll try defending Joe Biden’s indefensible history on race. If that’s what Cuban’s role is, Faulkner will carve him up like a Thanksgiving Day turkey.

Tim Scott and Gianno Caldwell have the opportunity to become rock stars Sunday night. Sen. Scott is already approaching superstar status with his persistence and good faith decency in crafting police reform legislation. He’s also known for his Opportunity Zones legislation that was part of the Trump/GOP tax cuts. This is more information on Opportunity Zones:

The program provides three forms of deferred capital gains taxes or tax breaks to incentivize patient capital equity investments in Opportunity Funds to seed new business investments, expand existing businesses, or fund real estate development in Opportunity Zones. Other than excluding a few “sin” businesses, investors are relatively unlimited in what they can finance. And the potential pot is huge; over $6 trillion dollars in unrealized capital gains could flow towards these communities from both individual investors and companies.

Opportunity Zones were credited with lowering minority unemployment rates before the virus. Tim Scott does a better job pitching the legislation than the article:

I wouldn’t be surprised if Sen. Scott came out of Sunday night’s special as the biggest star, though I also think that Herschel Walker has a chance to shine, too.

This slanted AP article does its best to make Joe Biden sound like he’s the China hawk. The reality is that he’s a China wimp. Biden isn’t that bright, either, as this tape shows:

“They’re not bad folks?” That’s what Biden said right after he said that they aren’t competition for us. Had the Obama-Biden economy continued for another eight years, China’s economy would’ve been competitive with ours, if not bigger.

President Trump rebuilt the US economy, rebuilt the US military, then slapped tariffs on China for China’s unfair trade practices. This CNBC article sums things up nicely, saying “The 2020 Democratic presidential candidate slammed Trump for tariffs on Chinese goods that sparked retaliation from Beijing and pain for American farmers. Still, he called for the U.S. to ‘get tough on China’, taking a more aggressive stance than he did when he downplayed the threat China poses earlier this year.”

Biden continued:

“President Trump may think he’s being tough on China. All that he’s delivered as a consequence of that is American farmers, manufacturers and consumers losing and paying more,” Biden said during a speech outlining his foreign policy plans at the Graduate Center at the City University of New York. “His economic decision-making is so shortsighted and as shortsighted as the rest of his foreign policy.”

Actually, President Trump used billions of China tariff dollars to subsidize farmers while putting the crunch on the Chinese economy. As a result of Trump’s “shortsighted” policies, China’s economy had its worst year in 67 years. If Biden thinks that China having its toughest year economically in 67 years is proof that Trump isn’t tough enough on China, I triple-dog dare him to make that argument through Election Day.

In a statement, Trump campaign spokeswoman Kayleigh McEnany said the president “has repeatedly advocated for the American worker on the world stage by taking on unfair trade practices across the world.” She cited Trump’s replacement for NAFTA, called the United States-Mexico-Canada Agreement, his decision to leave TPP and his China policy. She argued Biden “has a history of blue collar betrayals.”

Biden talks blue collar jobs. Prior to the China virus, President Trump delivered lots of blue collar jobs. Now that we’re getting the virus behind us, President Trump is restoring those blue collar jobs. He’s got his economic team working overtime to bring US companies back from China, often companies that left during the Obama-Biden years because we had the highest corporate tax rate in the world plus the worst regulatory regime in the world.

Why would companies move back from China only to get hit with the highest corporate tax rate in the world again? The Trump economic team is already working with companies on bringing them back to the US. Larry Kudlow lays out the administration’s actions thus far in this interview:

The Trump economy was essentially white hot. The Obama-Biden economy was like a campfire that just got splashed with water. It wasn’t out but it was on life support.

After Democrat nominee Joe Biden’s faux America First announcement, Chief White House Economic Advisor Larry Kudlow shredded the Democrat’s proposal. Kudlow said “We must, we must not go back to high taxes and high regulations, we must not do that. It defies common sense after this pandemic contraction.”

Typical of Democrats’ tax policy, Biden’s plan is to make US corporations pay the highest tax rate in the world. Couple that with oppressive regulations, especially on the energy industry, and you’d set the economy back a decade or more. Right now, the US is energy independent and energy dominant. The Democrat’s regulations would essentially end fracking, send gas prices and heating prices through the roof and force us to rely on foreign supplies of energy again.

Kudlow continued shredding:

I respect them, and they have a right to do what they’re doing. But Mr. Biden’s going to be raising taxes across the board and then some. He said yesterday or the day before he wants to end something called ‘shareholder capitalism.’ We used to call that the investor class and if you buy for the long run you make a fortune for retirement. He’s opposed to that.

Biden said that he wants to bring medical supply chains home from China, which is the right thing to do. Unfortunately, he’s going about it the wrong way. He’s telling companies to return to the US but then telling them that they’ll get hit with the highest corporate taxes in the world:

This is from the Democrats’/Biden/Sanders plan:

Democrats believe there is a better way. We can and must build a thriving, equitable, and globally competitive clean energy economy that puts workers and communities first and leaves no one behind. We will help rebuild our economy from the COVID-19 pandemic and President Trump’s recession by mobilizing historic, transformative public and private investments to launch a clean energy revolution. We will use federal resources and authorities across all agencies to accelerate development of a clean energy economy and deploy proven clean energy solutions; create millions of family-supporting and union jobs; upgrade and make resilient our energy, water, wastewater, and transportation infrastructure; and develop and manufacture next generation technologies to address the climate crisis right here in the United States. And we will do all this with an eye to equity, access, benefits, and ownership opportunities for frontline communities—because Democrats believe we must embed environmental justice and climate justice at the heart of our policy and governing agenda.

Think Solyndra on steroids. Think taxpayer-funded subsidies for more expensive energy that won’t support the manufacturing industry.

Democrats will also mobilize a diverse new generation of young workers through a corps and cohort challenged to conserve our public lands; deliver new clean energy, including to low income communities and communities of color; and address the changing climate, including through pre-apprenticeship opportunities, joint labor-management registered apprenticeships for training, and direct-hire programs that put good-paying and union jobs within reach for more Americans.

TRANSLATION: Using a government command-and-control model, Democrats will pick winners and losers. Forget market forces determining the efficient distribution of investments. The Joe Biden-Bernie Sanders Democrats think they know what’s best.

Gianno Caldwell’s op-ed shines a light on the pathway for President Trump’s re-election. In his op-ed, Caldwell, an African-American, states “President Trump and Republicans have delivered for the black community on tangible policies that have had a positive impact — something the Democrats never achieved.”

President Trump is fantastic at exciting his base voters. That’s the strongest part of his campaign game. Policywise, President Trump is excellent at delivering for African-Americans. Don’t trust me. Just ask Alice Marie Johnson. Better yet, listen to Sen. Tim Scott, (R-SC), and HUD Secretary Ben Carson. Sen. Scott and Secretary Carson worked together on the Opportunity Zones provisions in the Trump tax cuts.

The Opportunity Zones provisions transformed inner city hell holes into potential prosperous oases in virtually no time. Minority unemployment rates didn’t drop to historic lows accidentally. They happened because President Trump, Sen. Scott and Secretary Carson worked together to make something beautiful happen. Let’s remember that Carson grew up in inner-city Detroit. Saying that he was dirt poor is understatement. I don’t know where Sen. Scott grew up. I just know that he grew up dirt poor, too. President Trump didn’t grow up dirt poor but he was raised as a real estate developer. He understands what it takes to turn a run-down neighborhood into a rising middle-class neighborhood.

Each day, Tim Scott and Ben Carson should hold a press conference and ask the reporters what Joe Biden’s specific plans are for fixing minority neighborhoods. They should then cite the accomplishments that President Trump has made already, then report that they plan on working with him to expand opportunity scholarships and school choice.

Each day, Tim Scott and Ben Carson should be sent to Baltimore, Minneapolis, Philadelphia, Pittsburgh or Detroit. Their day should include meeting with parents and entrepreneurs willing to invest in these neighborhoods. It should include a discussion on how these investors/developers could establish a scholarship fund with a little help from the tax code.

It should also include a conversation with parents on what their ‘ideal neighborhood’ would include. Getting investors to invest in these neighborhoods builds a trust that’s long been missing. Doesn’t that suggest that that’s what’s needed immediately?

Challenge Democrats to talk about what their plans are for revitalizing neighborhoods and building the schools of the future. The dirty little secret is that the Democrats can’t deviate from their ancient blueprint of throwing more money at a problem. That’s because the unions won’t let them change the blueprint.

Tim Scott and Ben Carson are 2 of the calmest-sounding people in government. If they can’t break through to apolitical parents, then this nation is lost. I don’t believe it’s lost. That’s why, after watching this video again, I’m more optimistic than ever:

Let’s force the Democrats to defend their record on racial policies. Republicans, unfortunately, don’t have a great record either. At least Republicans can say that they’re willing to change to make minority lives better. Democrats can’t say that.

By now, everyone living in civilization has heard that the U.S. economy created 4,800,000 jobs in June. Not only that but the unemployment rate dropped from 13.3% to 11.1%. That doesn’t mean that Democrats didn’t try splashing cold water on the report. Pelosi’s statement is classic partisanship:

The early June snapshot in the jobs report, when the economy was opening up too early, does not reflect the coronavirus spiraling out of control, forcing communities that had begun to reopen to close once again.

Unemployment continues to be higher than any previous period since World War II. We have reached 15 straight weeks of more than 1 million Americans applying for unemployment insurance and tens of thousands of new coronavirus cases reported each day, as the critical lifelines that are helping to keep American families and communities above water expire. Economists, scientists and even the Chair of the Fed have indicated that if we don’t deliver the investments in The Heroes Act, we will end up in a worse place economically and health wise.

The economy created 7,500,000 jobs in the last 2 months but Ms. Pelosi insists on accentuating the negative. In fact, she’s lying to make things seem worse than they are. Saying that the coronavirus is “spiraling out of control” is as stupid as when Ms. Pelosi said that “Republicans were trying to get away with murder, George Floyd’s murder”:

What a whack job. Yes, we’re experiencing a spike but we know what we need to do to get that under control. Potentially, that’s a momentary blip because it’s easily fixed. Joe Biden’s tax hikes aren’t a momentary blip. Those would be permanent. The Democrats’ tax policy would certainly push corporations back overseas, which means lower wage growth, lower workforce participation rates, lower consumer confidence and higher unemployment rates for minorities and women.

Speaking of Biden, he apparently couldn’t wait to look stupid:

Biden noted that only a third of the jobs lost in March and April have returned and stressed that “most of those jobs that returned are people on temporary furlough. That means these were the easiest jobs to get back as we reopened cities and states. It’s only going to get harder from here though.”

Nobody thought that we’d get all 40,000,000 jobs back in a month, Joe. The whole point of the PPP was to make sure small businesses could ramp back up the minute we got past the hardest part of the virus. If that’s the criteria, then the PPP, which Nancy Pelosi delayed twice in her attempt to get a few extra items on the Democrats’ wish list, is a huge success.

That bill wasn’t put together by Joe Biden, Nancy Pelosi or Chuck Schumer. The PPP was put together by people like Steve Mnuchin, Peter Navarro, Mike Pence, Chuck Grassley and Mitch McConnell. If Biden is elected, only Grassley would be there to put together economic packages that actually work.

Do we really want to return to the Obama-Biden days of shipping jobs overseas? Shouldn’t we prefer the great pre-COVID Trump economy over the 8 years of lackluster economic growth of the Obama-Biden economy?

It’s time for the legislature, especially the DFL House, to strip Gov. Walz of his peacetime emergency powers. It’s time because the COVID crisis doesn’t exist anymore. We know that thanks to this article, which reports “Sunday, the Minnesota Department of Health reported there are 523 new cases that have tested positive for COVID-19, creating a total of 35,549 cases in the state. MDH reports there are 1,425 total deaths, with eight additional deaths reported Sunday.”

Sunday morning, At Issue With Tom Hauser reported that there were 1,411 COVIDS as of Friday’s report. Further, Hauser reported that Friday’s report marked the sixth straight day of single-digit deaths. That streak has now hit 8 straight days. A month ago, Minnesota was averaging 25-30 COVID deaths per day.

It’s clear that there isn’t much to be worried about with COVID if you don’t have underlying health issues or if you’re living in a long-term care facility. If you’re 50 or younger and don’t have diabetes or respiratory problems, this just isn’t a problem.


If the DFL House doesn’t vote to eliminate Gov. Walz’s emergency powers, the DFL House should own, along with Gov. Walz, the economic catastrophe caused by COVID-19. There isn’t an emergency anymore.

Shutting off Gov. Walz’s emergency powers and passing a bonding bill should be the only things on the agenda if there is another special session. Everything else is irrelevant. There shouldn’t be any money appropriated to rebuild Minneapolis. Twin Cities politicians did nothing while the riot erupted and Antifa and BLM anarchists demolished neighborhoods. But I digress.

The bottom line is simple. The COVID emergency doesn’t exist anymore. More than a week straight of single-digit deaths proves that. Gov. Walz shouldn’t have special authority for a situation that might or might not happen. The definition of emergency is “a sudden, urgent, usually unexpected occurrence or occasion requiring immediate action” or “a state, especially of need for help or relief, created by some unexpected event.”

Notice that both definitions describe an existing situation. They don’t talk about something that might happen. In fact, it talks about the “need for help or relief” caused by “some unexpected event.”

It’s inconceivable that Minnesota’s Constitution would give a governor such sweeping authority to prepare for an event that might not happen. Further, I don’t see the usefulness of giving any politician the authority to act unilaterally, especially for extended periods of time. If Melissa Hortman, Ryan Winkler and the House DFL don’t cut off Gov. Walz’s autocratic authority, they’ll own Gov. Walz’s idiotic decisions that’ve ruined people’s lives. Make no mistake, either. There’s a ton of economic damage that Gov. Walz and the DFL have caused, as this report shows:

It’s time for the legislature to start acting like a co-equal branch. It’s time for the DFL to stop acting liking a rubberstamp to Gov. Walz’s decisions, especially considering that the crisis is behind us.

On August 19, 2016, then-candidate Donald Trump asked African-Americans “what do you have to lose” in voting for him. Back then, then-candidate Trump could only suggest that he could implement policies that would make life better for African-Americans. This year, it isn’t a theoretical ‘what if’ question anymore. This time, African-Americans can figure out for themselves what they have to lose.

For African-Americans living in Minneapolis, they know what they’ve already lost. They’ve lost neighborhoods. They’ve lost their businesses, which were, essentially, their retirement accounts. They’ve lost their life savings and their livelihoods. Contrary to Boy Toy Mayor Jacob Frey’s declaration that these things were just “bricks and mortar”, they were so much more than that. They were their communities. Literally, this meant everything to them. The people who owned property that got destroyed will likely move out. With the DFL ‘leaders’, a joke if I’ve ever heard one, promising (threatening?) to dismantle the Minneapolis Police Department, aka MPD, why would people stay? This is what they watched during the early part of the rioting:

This is candidate Trump’s initial appeal to African-Americans:

The last line in the sentence is especially powerful:

“America must reject the bigotry of Hillary Clinton, who sees people of color only as votes, not as human beings worthy of a better future.”

Just 4 years later, African-Americans earn more, are employed in greater numbers and percentages, and face a brighter future thanks Sen. Tim Scott’s Opportunity Zones legislation. Also during the first 4 years of the Trump presidency, President Trump signed legislation that permanently funded HBCUs, aka Historically Black Colleges and Universities. Between those 2 pieces of legislation, President Trump signed prison reform to undo the mass incarceration of African-Americans.

To the African-American community, if you want a future, it isn’t with the Democrats. They’re part of the racist past. Democrats are the party of the KKK and Jim Crow and now, the party that let your cities burn without attempting to protect your neighborhoods, your pharmacies or your police department. Republicans are the party of Abraham Lincoln, the Emancipation Proclamation and the party of Abolitionists.

Now that you have a lengthy list of comparisons, it’s time for you to decide. Do you want to be taken for granted? If you say yes, then vote Democrat again. If you want to have a bright future, vote for Republicans up and down the ticket.

Salena Zito, the premier on-the-ground political report in the nation, reports that President Trump’s support is strong in Pennsylvania. If President Trump wins Pennsylvania again, it’s virtually impossible for former VP Joe Biden to win. Regardless of what the polls say, the numbers are the numbers.

Ms. Zito reports that “Despite a deadly pandemic, staggering unemployment and racial unrest, Pennsylvania voters showed up in record numbers to take part in their presidential primary Tuesday — even though the results were a foregone conclusion.” Before jumping to the conclusion that Mr. Biden had turned in an impressive performance, it’s best to read further before forming a conclusion.

Later, Ms. Zito reported “With almost 98 percent of districts counted, Republicans have cast more than 861,000 ballots for Donald Trump, with 734,000 Democrats voting for Joe Biden. And while it’s still unclear how many people voted in person versus mail-in ballot, some counties are reporting that Trump drew plenty of supporters out of their homes.”

That means that President Trump got 53.98% of the primary vote. Despite the fact that President Trump had clinched the nomination months before this, people still voted in high numbers for a primary. Then there’s this:

Four years ago, pundits dismissed the overwhelming number of Trump signs posted on back roads, farms and highways in Rust Belt states as an unscientific measure of voter enthusiasm. But the signs for Trump (and lack of signs for his opponent Hillary Clinton) revealed a passion factor that traditional polls missed. In 2020, Trump signs are once again everywhere in Pennsylvania. And Biden signs seem nonexistent.

Trump signs, meanwhile, he’s seen a lot of them. “They are everywhere,” La Torre said, “and many of them are homemade.

The fact that people are making Trump signs means that they aren’t just Trump voters. It isn’t a stretch to think that they’re Trump volunteers, too. Since the start of the pandemic, the media has played up the supposed difficulties within the Trump campaign. After Republicans won the 2 congressional special elections last month, I said “the massive Trump army didn’t disappear during the pandemic.”

Indeed it hasn’t. Coupled with the city council elections in Staunton, VA, signs are emerging that GOP turnout will be formidable this November. This article suggests that President Trump is in trouble in Ohio. That’s foolish thinking. The Fox News poll that it’s based on apparently thinks that Joe Biden will excite the Democrats’ base and pull off a major upset.

There’s nothing from the primaries that suggests that Joe Biden is igniting the Democrats’ base. Biden was in trouble until James Clyburn endorsed him in South Carolina.

With a strong jobs report from Friday, there’s reason to think the Trump campaign is gaining momentum. Couple that with the Democrats’ call to defund the police and you’ve got a different version of peace and prosperity working in President Trump’s favor. Let’s be clear. I’m not saying that we’ve fully returned to the hot economy before the virus hit. I’m saying that people believe we’ve turned things around and we’re starting a new comeback. Larry Kudlow thinks that’s started:

Larry is eternally an optimist. Still, he’s often been right about these things. I won’t bet against his predictions.