Larry Kudlow, staying on message masterfully, writes about the JFK-Reagan policies that ushered in real growth:
But the bigger theme is the need for the U.S. and the world to return to the free-market, free-trade, entrepreneurial, supply-side, tax-incentive model of growth with stable money. That model worked during the Coolidge-Mellon 1920s, the JFK 1960s, the Reagan 1980s, and the Clinton 1990s.
If nothing else, a new Republican Congress must message clearly that the U.S. will stop the recent leftward economic lurch. It’s not hard to pinpoint what’s gone wrong, propose positive solutions, and argue that the economic ship can be righted fast.
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So let me optimistically argue that the slow-growth economy can be rescued and the fiscal and monetary mistakes can be reversed. Lower tax rates, less spending, deregulation, and a sound dollar will do it. The GOP can make this case — and right away.
And if the Sandinista Democrats would read a little history, they’d see I’m arguing for the JFK model of growth — which was the forebear of Ronald Reagan’s supply-side revolution.
It can be done.
Also, Larry Kudlow interviewed Jeff Bell this morning on his national radio show. Listen to the interview here: