Larry Kudlow Lays Out Reasons to Try Supply Side Economics.
In "The Mundell-Laffer Solution" Mr. Kudlow reminds us that Democrat and Republican administrations have solved our economic problems with supply side approaches in the past (W, Bill Clinton, Ronald Reagan, and JFK) so how about trying it now before disaster strikes!
His final two paragraphs summarize:
"Again, I know I'm a supply-side fossil and a relic of the past. But the Mundell-Laffer policy plan -- which has worked historically for Republicans and Democrats -- could truly save the nation and its economy at this critical juncture. Monetary restraint and the incentives of lower tax rates will solve the dollar and unemployment problems.
In our supposedly post-partisan era, why not give it a try, President Obama?"
His final two paragraphs summarize:
"Again, I know I'm a supply-side fossil and a relic of the past. But the Mundell-Laffer policy plan -- which has worked historically for Republicans and Democrats -- could truly save the nation and its economy at this critical juncture. Monetary restraint and the incentives of lower tax rates will solve the dollar and unemployment problems.
In our supposedly post-partisan era, why not give it a try, President Obama?"
Labels: Economics
0 Comments:
Post a Comment
<< Home