Sometimes when you keep digging a hole, it's a good idea to just put down the shovel.
How many times have I told politicians to do that? I'm pretty good at lecturing them, aren't I?
It's time I take my own advice. Because judging by the surging markets and increasingly improving economic stats... I was wrong. I was plain, old wrong.
Wrong about stimulus that wouldn't stimulate — when it has.
Wrong about targeted spending that wouldn't target anything productive — when it clearly is.
I thought only tax cuts could do that. I was wrong.
I thought infrastructure projects were a big waste. Turns out they're a big success: people building, people are moving and investors are buying.
A great month just ended — an encouraging one just started.
I guess I could cling to the view this is just a bear market rally and hope the data proves me right. But the data is not proving me right. Because my position against spending is wrong. And my position against a bigger government is wrong too.
I feared what I could not see: Bigger government sometimes is better government. And I'm a better man now for admitting it. Because I'd be a bitter man for denying it.
So I was wrong. And yes, a lot of liberals were right. Spending works and I was a fool to think otherwise.
Which reminds me: Happy April fool's.
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Neil Cavuto serves as senior vice president, anchor and managing editor for both FOX News Channel (FNC) and FOX Business Network (FBN). He is anchor of FNC's Your World with Cavuto - the number one rated cable news program for the 4 p.m. timeslot - as well as the FNC Saturday show Cavuto on Business. He also hosts Cavuto on FBN weeknights at 8 p.m. In addition to anchoring daily programs and breaking news specials on FNC and FBN, Cavuto oversees business news content for both networks and FNC's weekend business shows, including Bulls & Bears, Forbes on Fox, and Cashin' In. Click here for more on Neil Cavuto.