What did Larry Kudlow predict about the economy in December 2007?
Larry Kudlow, CNBC host and National Review Online economics editor ·
There’s no recession coming. The pessimistas were wrong. It’s not going to happen.
Recession began that very month
Kudlow wrote that no recession was coming. A recession began that same month, December 2007, and lasted 18 months.
The NBER dates the business-cycle peak to December 2007, the month of the column, followed by an 18-month contraction ending in June 2009 (National Bureau of Economic Research).
Prediction vs. outcome · Economy
Added · Updated
The claim
- Date
- Where
- National Review Online column "Bush Boom Continues."