Lawrence Kudlow - Business

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The Obama Administration's handling of the auto bailout has been unsatisfactory. As for Detroit, the carmakers should have been in bankruptcy months ago. And it is a bankruptcy court that should have fired GM's Wagoner and his board.

It was not appropriate for the Obama Administration to force GM's CEO Rick Wagoner to resign. "A 'Truly Breathtaking' Departure: ...exactly what caused stocks to plunge 250 points on Monday."

Congress should not tax AIG bonuses. I wonder about this simply because there's a much better way to recoup the misbegotten AIG bonuses.

Tax cuts should have a higher priority than public investment in Barack Obama's stimulus package. Never Met a Tax Cut I Didn't Like

AIG should have been bailed out by the federal government. All this was necessary. A collapse of AIG would have been unfathomable — it is simply too interconnected globally.

The government should not follow the principles of Keynesian economics during a recession. Wrong to try to spend us into prosperity

The U.S. federal government should not provide financial support to its auto industry. "It’s throwin’ bad money after a bad cause."

The federal government should pass the proposed $700 billion financial system bailout. "Debating Paulson's Bailout: Win-Win for Taxpayers"

Governments should infuse capital directly into failing banks as part of their response to the financial crisis. "Banks need to be recapitalized..."

Mark-to-market accounting should be suspended. "This is good."

Lehman Brothers should not have been bailed out by the federal government. "Paulson's Courageous Action"

Congress should not issue a second round of the 2008 stimulus checks. Believes the best plan is to let the first stimulus work its way through the economy

Fannie Mae and Freddie Mac should not be nationalized. "Failure is more important in terms of preserving the free-market system."

Supply and demand is having the greatest impact on rising oil prices. "This is what Obama doesn’t understand. It’s also what McCain doesn’t understand. Price changes are pulled forward in response to shifting oil-supply policies."

The Federal Reserve should not have more authority to supervise financial institutions. "I don’t think this is a good idea."

The Bush Administration stimulus package will not prevent a recession. "It creates no economic-growth incentives."

The U.S. should end agricultural subsidies. "End corporate farm subsidies."

Free trade is necessary for economic development. "Blocking choice is only detrimental to growth."

U.S. federal deficits do not affect long-term interest rates. It is a very weak link

The economic benefits of a weak U.S. dollar do not outweigh the costs. "Resurrect King Dollar"

Oil prices will have no effect on the economy. "Even the oil saga can’t disrupt this upbeat economic page-turner. "

The U.S. economy will not go into recession this year. "But the economy is not dead. Not by a long shot."

Performance fees of hedge fund managers should be taxed as capital gains. Taxed at 15%: "That's how it should be"

The U.S. Federal Reserve should lower interest rates. "It requires a strong antibiotic"

Businesses do not have a social responsibility. Social Responsibility is Left-Winged

Capitalism is the most effective economic system. Capitalism is Strong

EVIDENCE: Should the U.S. Federal Reserve lower interest rates? No

EVIDENCE: Should the federal government allow General Motors (GM) to file for bankruptcy? Yes

EVIDENCE: Should Fannie Mae and Freddie Mac be nationalized? Yes

UNKNOWN: Should corporations pay heavier taxes on windfall profits?

UNKNOWN: Should organic farmers receive additional federal subsidies?

UNKNOWN: Should Congress increase the federal minimum wage?

UNKNOWN: Should the government provide financial assistance to homeowners facing foreclosure?

UNKNOWN: Is the U.S. undergoing the worst financial crisis since the Great Depression?

UNKNOWN: How does outsourcing affect the U.S. economy?

UNKNOWN: What impact have Bush Administration policies had on the economy?

UNKNOWN: Should the U.S. pass the U.S.-Colombia Free Trade Agreement?

UNKNOWN: Should the U.S. increase the cap on visas for skilled workers?

UNKNOWN: Will the U.S. economy go into recession in 2008?

UNKNOWN: Should food contain country-of-origin labeling?