Radio gold this morning as Larry Kudlow not only got Steve Forbes and Art Laffer to appear on his show at the same time, Larry had them on for about 45 minutes, over three segments. It was a very good discussion.
This link will take you to the mp3 of the entire interview, you can listen right in your browser or download the file to your computer or device.
Obama’s higher taxes will continue so tax reform is needed now
The Obama economy was stuck in the 2 percent growth range for most of his presidency, and many economists say it will likely remain in that range — even though Mr. Trump has promised that his policies will boost growth to 3 percent.
That’s not much to write home about. Shortly after the 1981-82 recession, the Reagan economy was soaring by 5.6 percent and 7.7 percent respectively in the third and fourth quarters of 1983, as a result of his across-the-board tax cuts.
By 1984, GDP was growing by 7.3 percent and Mr. Reagan won re-election in a landslide, carrying 49 states.
Throughout the 2016 presidential election, the Gallup Poll asked voters to name their biggest concerns about our country. The economy was consistently at the top of their list.
Every 36 years, it seems, Jeff Bell disturbs New Jersey’s political order. In 1978, as a 34-year-old apostle of supply-side economics and a harbinger of the Reagan Revolution, he stunned the keepers of the conventional wisdom by defeating a four-term senator, Clifford Case, in the Republican primary. Bell, a Columbia University graduate who fought in Vietnam, lost to Bill Bradley in the 1978 general election, but in 1982 he went to Washington to help implement President Reagan’s economic policies that produced five quarters of above 7 percent growth and six years averaging 4.6 percent.