SOURCE: Industrial Info Resources

March 11, 2008 07:45 ET

Don't Be Fooled by the Illusion of a "Bad Economy," an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - March 11, 2008) - According to Daniel Frishberg of the BizRadio Network and Arthur Laffer, the "Father of Reaganomics," our present "bad" economy is only an illusion. The confusion is from most financial analysts missing the fact that we have two separate economies at work.

One, there is a fabulous economy for companies that are producing things that consumers want and need and offer these at a competitive price that they like. The second "bad" economy exists for companies that insist on selling things that people do not want or those where unions and legislators throw obstacles to thwart competitiveness and attractive prices.

Mr. Frishberg and Dr. Laffer cut through the usual economic haze in this podcast and point out the way that the American industry should work: for the consumer, not for the workers.

What Will the Markets Do in 2009 and 2010 if the Democrats Win?

Dr. Laffer of President Reagan's supply-side economics fame explains to Mr. Frishberg and BizRadio listeners how there will be a delay of more than a year after the November '08 elections before any legislation -- no matter how catastrophic -- will impact the economy and the markets.

In fact, just knowing that Democrats will cause taxes to skyrocket in 2010 will cause many people to accelerate their 2009 income in anticipation of the next year's collapse. So don't panic at the upcoming election's outcome. The stock markets don't see very far into the future, and the gears of Washington grind slowly.

Listen to the five-minute podcast to hear more specifics on how a world-class economist and a street-smart trader can use election and tax rate history to predict the market's directions for the next 24 months after a turning-point election like we are facing.

BizRadio is the only radio network that specializes exclusively in business, investments and economics; therefore, our loyal listening audience is largely composed of investors, executives and the wealthy. And with daily hosts like Daniel Frishberg, Mike Norman, Jon Najarian and weekly segments with Dr. Laffer, our audience is highly entertained and richly rewarded for its time and attention. For more enlightening podcasts or to hear live streaming broadcasts over the Internet, go to www.BizRadio.com.

Industrial Info Resources (IIR) is a marketing information service specializing in industrial process and energy-related industries with products and services ranging from industry news, forecasting, plant and project databases, as well as multimedia advertising campaign assistance. For more information send inquiries to industrialmanufacturing@industrialinfo.com or visit us online at www.industrialinfo.com.

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