Saturday, January 14, 2012

Kudlow: Isn't a Bainful Turnaround What America Needs?

realclearmarkets

This is the way people should be looking at this election.  Kinda reminiscent of what I wrote not too long ago.


Excerpt:

There's a very troubled company out there called U.S. Government, Inc. It's teetering on the edge of bankruptcy. And it badly needs to be taken over and turned around. It probably even needs the services of a good private-equity firm, with plenty of experience and a reasonably good track record in downsizing, modernizing, shrinking staff, and making substantial changes in management. Yes, layoffs will be a necessary part of the restructuring.

Read the whole thing.

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