President Donald Trump is opening up new frontiers for wealth creation around the world. How so? By advancing the supply side.
A half-century ago, supply-side economics burst onto the national stage thanks to the energy and charisma of former Republican New York Rep. Jack Kemp. Back then, in a time of high inflation and slow growth, Kemp argued that tax-rate reductions would increase the supply of goods, as producers were incentivized to make more. So prices would be lowered as new jobs and profits were created.
Unfortunately, the thinking "outside" the box is non-existent in DC. They only think of their pockets, not anyone elses "boxes"...
ReplyDeleteDid you forget about Bill and Monic
DeleteIt's very easy to fall into that "not anyone else" box just like it's easy to fall into the Liberalism cult box.
Delete