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Larry Kudlow: Those aren't mustard seeds, they're weeds
If you have ever watched CNBC before, you probably would have seen Larry Kudlow.  He's the guy with the pink tie and Phil Donahue-like glasses.  He's a good guy.  He touts himself as pro-growth, strong defense, virtuous values, business, and stocks.  But he's wrong in his assessment of the economy and about these mustard seeds that he claims are being planted.
Larry is the type of guy that sees the silver lining in nearly any type of economic report, and then uses that silver lining as the basis for an economic recovery, even though the preponderance of evidence runs to the contrary.  And hence you have the origin for his highly touted mustard seed economic philosophy.  The analogy of the mustard seed is that it is one of the smallest seeds and yet it can grow to be a very large plant. 
On Friday Larry wrote a post on his blog rationalizing why despite the deterioration of major economic indicators, that an economic recovery is right around the corner.
The first reference he makes is that despite an awful job report in which nearly 600,000 Americans lost their job in January, the stock market rallied.  So what?  If we have learned anything over the past ... more

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