From Larry Kudlow: Economic Tea Leaves
Despite energy spikes, hurricanes, war costs, and multiple Fed tightenings, the U.S. economy continues to prosper.
Here are some notable highlights:
Real GDP has grown at 3 percent or better for ten straight quarters for an average rate of 4.1 percent, the best performance since the middle 1980s.
etc.
And in furtherance of the Anti-Anti-Wal-Mart theme, refer to Russell Roberts as he enjoys the work of the Washington Post’s Sebastian Mallaby who demonstrates why Wal-Mart is good for poor people (the hell you say!). Furthermore, Wal-Mart is no worse for the rest of the American public than any other company (get outta here! — No, it’s true!).
