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Kudlow’s Money Politics

Larry Kudlow’s daily web log of matters political and financial.

Tiny, Targeted, and Temporary



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Who would have really expected a 300-point stock market plunge on the day after President Obama’s so-called jobs speech?

Yes, worries over new fears of a Greek default ripped through the markets on Friday. As did fears of an al-Qaeda bombing plot on the tenth anniversary of 9/11. But you can’t help but think that at least some of the stock plunge is a signal of no economic confidence in Obama’s plan.

And for that matter, who really expected an unbelievably large $450 billion plan? That’s way more than 50 percent of the original $800 stimulus package in 2009 — which did not work. 

Read my full column here



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