RUSH: During the Obama Regime, liberals came up with all kinds of creative ways to explain away the pathetic economy.<\/p>\n
They told us the traditional business cycle was over, and that anemic growth was \u201cthe new normal.\u201d They celebrated the supposed joys of \u201cfunemployment.\u201d Obama himself declared that certain jobs were never coming back.<\/p>\n
That\u2019s wrong. Today, consumer confidence is at a 17-year high. Unemployment is low, the markets are soaring, and economic growth is beating all expectations.<\/p>\n
But not everybody is happy about it. In Sunday\u2019s Washington Post, columnist Robert Samuelson warns us to \u201cbeware\u201d an economic boom. \u201cWe don\u2019t need an economic boom, but that\u2019s what we may be getting,\u201d he writes. He says since the election of Donald Trump, the stock market is up almost 24 percent, and the 4.1 percent unemployment rate is the lowest in 17 years. We have back-to-back quarters of 3 percent economic growth. All of that is not good.<\/p>\n
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Samuelson argues that long stretches of good times can become self-destructive. People \u2013 consumers, business owners, managers, bankers, investors, entrepreneurs \u2013 become sloppy, overconfident and complacent. He predicts the bigger the economic boom, the bigger the bust will be that follows.<\/p>\n
We have an entire generation of Americans who don\u2019t even know what it\u2019s like to live in a boom economy. We finally have one. They deserve to find out. And the left is telling us we don\u2019t deserve it because it\u2019s only going to mean bad times ahead. What a bunch of punks.<\/p>\n","protected":false},"excerpt":{"rendered":"
RUSH: We have an entire generation of Americans who don\u2019t even know what it\u2019s like to live in a boom economy. We finally have one and the left is telling us we don't deserve it because it's only going to mean bad times ahead. <\/p>\n","protected":false},"author":56,"featured_media":253721,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","ngg_post_thumbnail":0},"categories":[1],"tags":[],"yoast_head":"\n