You all know me. Mr. Glass Half Full. Always looking on the bright side. This evening I have two pieces of good news about our political and economic circumstances. At my daughter Polyanna’s urging, I am sharing these welcome developments with you.
This will be found in the title and subtitle of a longish piece by someone named Alexander Sammon. It’s The Last of the Ayn Rand Acolytes: This year’s Objectivist Conference revealed that her cult of hyper-capitalism has a major recruiting problem: All the young people want to be socialists!
We will absolutely, positively, most definitely not have a recession during the remainder of the first Trump term.
The Director of the National Economic Council gave this assurance on Meet the Press.
The same person who is now Director of the National Economic Council gazed into his crystal ball back in December, 2007. The longer he gazed, the clearer the image became. And thus he was able to share this prediction: ”There’s no recession coming. The pessimists are wrong. It’s not going to happen. The Bush boom is alive and well. It’s finishing up its sixth consecutive year with more to come.”
Isn’t it nice to have good news?