Replies to post #4840 on Distributed Digital Property Board

[goin fishn]

Hi Blue Fin

Lawrence Kudlow is a supply side, free market economist. Here is the summary on him from Wikipedia

Lawrence (Larry) Kudlow (born August 19, 1947), is an American conservative, supply-side economics enthusiast and television personality. Kudlow currently hosts the TV program Kudlow & Company on CNBC. Kudlow is also the economics editor for National Review (a political magazine) and its online complement, National Review Online. He is also the CEO of his own consulting firm, Kudlow and Company. A syndicated columnist, his articles appear in numerous U.S. newspapers and web sites. He also runs his own blog, Kudlow's Money Politic$. He opposes estate taxes, as well as taxes on dividends and capital gains. Kudlow advocates that employees be compelled to make greater contributions to their pension and medical costs, suggesting that these expenses are an undue burden on corporations. Kudlow defends high executive compensation as a manifestation of market forces and opposes most forms of government regulation. He believes that reducing taxes will increase governmental revenue through expansion of the overall economy. In general, he supports smaller government that interferes less and citizens who take more individual responsibility. He advocates wide ownership of stocks and frequently speaks of a broad "investor class" that includes most Americans. Kudlow has now become a harsh critic of corporate corruption at Enron, Worldcom, and other companies.


It is no surprise that he opposes Obama. He opposes anything that interferes with free markets.

While free markets might do many good things for businesses, they are a failed approach in terms of governmental policy.

Corporate taxes are a red herring when it comes to reasons that corporations move their operations overseas. The real reason is labor and environmental costs, and governments, like Nigeria, who will go all out to secure the placement of new factories. Corporations just don't want to say so. It looks better to call your political opponents greedy and unwise than to openly admit to your own greed.

[aleajactaest]

(edit) It's a great thing about America that supply siders are free to dispute communitarians, that untrained people, some of whom are a hot dog or two short of a picnic, can aspire to run companies and that analysts in the financial business can make money in their successful years and not lose it in their failed ones.

But we know there are costs to the system. Huge errors occur. Courses need to be changed. When a person who has been in lockstep with everything this administration has done starts criticising the alternatives in a newspaper edited by a man who has been in lockstep with everything this administration has done and owned by a man who was in lockstep with everything this administration has done, and you examine where this administration is .... then you would have to wonder why Mr Kudlow might think people would listen to his statements without a wry smile.

It's possible to be Obama in the regulatory architecture of US business, without being anti-corporate in the operating environment. It's not possible to be a neocon and for folks not to titter.