Wednesday, July 16, 2008
Mad Money Endorses Zulubuff Economic Plan, No Ethanol
This morning on the Today Show, Jim Kramer was a member of a panel of three economic advisors. Each person had to lay out their three points on how to turn around the economy. Jim's #2 item for a economic turn around was the elimination of ethanol. He sited the impact food for oil has had on the inflation of grocery items. Mr. Kramer said that if you eliminate ethanol now, beef and grain prices would drop 50% by labor day. Steve Forbes sited tax cuts as his #2 item. I say eliminate ethanol, cut taxes, and cut federal spending. I hope NBC will invite me on next time.
Posted by jrchaard at 9:16 AM