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.
