Larry Kudlow on the Economy and President George W. Bush on NRO Financial

Here is an article buy Kudlow in August of 2005 ridiculing the future Nobel Winning Economist I think Kudlow is numbers-challenged and the housing bubble, as was predicted by Krugman, did burst. Dip shit.



Larry Kudlow on the Economy and President George W. Bush on NRO Financial: "Liberal economists like Paul Krugman ridicule the Bush boom as nothing more than a housing bubble destined to burst. But if the numbers-challenged Krugman would do some homework he would find that the GDP contribution of residential investment has dropped from 15 to 8 percent in the last two years. For that matter, the consumer contribution to GDP has slowed from 90 to 75 percent. By taxing investment less, the economy is generating more of it."