imo LARRY KUDLOW ( CNBC ) was and is the loudest commentator (screaming imo) asking the government to just "let business do what it does best : make lots of money " .
even when the economy started to tank last fall , he proclaimed that if only government would get of the way , there would be no problem with the economy : all would be just wonderful - and i don't believe he has changed his tune .
he now sees fit to blame it all on the new administration : just cut taxes and get out of the way of business :
February 27, 2009
Obama Declares War on Investors, Entrepreneurs, Businesses, And More
By Larry Kudlow
" Let me be very clear on the economics of President Obama’s State of the Union speech and his budget.
He is declaring war on investors, entrepreneurs, small businesses, large corporations, and private-equity and venture-capital funds.
That is the meaning of his anti-growth tax-hike proposals, which make absolutely no sense at all " either for this recession or from the standpoint of expanding our economy’s long-run potential to grow.
Raising the marginal tax rate on successful earners, capital, dividends, and all the private funds is a function of Obama’s left-wing social vision, and a repudiation of his economic-recovery statements. Ditto for his sweeping government-planning-and-spending program, which will wind up raising federal outlays as a share of GDP to at least 30 percent, if not more, over the next 10 years... "
and from : http://en.wikipedia.org/wiki/Lawrence_Kudlow
Kudlow firmly denied that US would enter a recession (in 2007) or that the US was in recession (in early and mid 2008). In December, 2007 he wrote: "The recession debate is over. It's not gonna happen. Time to move on. At a bare minimum, we are looking at Goldilocks 2.0. (And that's a minimum). The Bush boom is alive and well. It's finishing up its sixth splendid year with many more years to come". In May, 2008 he wrote:"President George W. Bush may turn out to be the top economic forecaster in the country" in his "R" is for "Right".
btw his "rapsheet" at the above link is quite interesting .
i call him SCHREIHALS in german ; the closess english would be LOUDMOUTH - but not nearly as descriptive .
btw someone who warned about "excesses" in business and commerce for decades was a canadian born farmboy - with scottish blood in his veins) :
J K GALBRAITH .
he worked for the roosevelt administration during the war years . he was a personal friend of JFK - who appointed him ambassador to india .
galbraith tried very hard to convince JFK that becoming entangled in vietnam would only end in a disaster ; unfortunately JFK chose to listen to others .
galbraith's book : AMBASSADOR TO INDIA is one of my favourite books since it gives a candid view of the JFK administration .
he bought the book for 99 cents (!) in 1979 when i flew of for six weeks of work and relaxation in texas . whenever i pick up the book , it reminds me of the good times mrs h and i had in "good ole texas" .