Shhh. It's a Boom.
Don't tell the media, but we are having a boom. So says Larry Kudlow:
Kudlow's Money Politic$: B-O-O-M
This is not just a “rich getting richer” story here. On the contrary, greater numbers of hardworking Americans are making more money than ever before in our nation’s history. These folks are fueling the continued overall growth and health of our nation’s robust economy.
You measure a nation’s economy by its most successful, not by its least successful. This is because the burgeoning numbers of wealthy men and women—the wide-eyed entrepreneurs, the risk-takers, etc—create new ideas, plant new seeds, and forge new paths to prosperity for all Americans.
Remember, more and more capital is necessary for healthy and thriving capitalism. Let’s be thankful to successful capitalists who keep plowing new investment into our economy.
Be vewy, vewy, quiet -- you don't want to upset the Keynesians!
Economics and Markets
Posted by jk at April 21, 2006 7:15 PM