“[T]his is the worst recovery in modern history going back to 1947, just barely running at 2% growth. [Obama] never mentioned growth. He never mentioned jobs. He never mentioned unemployment. … What I heard Mr. Obama basically imply [Monday] is that the pursuit of happiness is the pursuit of equality of result. Not the equality of opportunity, but the equality of result. And that he would do what he could to use the government to make everybody more equal, in terms of their income and their life’s work. And that is exactly wrong. We should be rewarding success; we should be promoting entrepreneurship; we should be promoting individual effort and opportunity, and I didn’t hear that. I didn’t hear an opportunity speech. I heard an income leveling speech.” –economist Larry Kudlow
From the Bear’s Corner: What about jobs?
January 25, 2013 by Leave a Comment