not only does he constantly spew his "golilocks' nonsense but he said something last week that i found quite disturbing coming from a guy who is a supposed economic expert. last week,the day that AT&T announced that people were missing payments on their phone and internet bills,the consumer credit number came out and it was much higher than the estimate. what does Kudlow say? he says the much higher than consumer credit estimate offset the bad news from AT&T and the consumer credit number says the consumer is spending and healthy. is he friggin kidding me! if retail sales are coming in much worse than expected and people cannot pay their phone bills but yet consumer credit reached an all time high;what does that say? it says credit cards are maxed out. how can that idiot not see that.
