The Patriot Post® · A Successful Policy Package


https://patriotpost.us/articles/24831-a-successful-policy-package-2014-04-14

Lawrence Kudlow: “[I]f you do want faster growth and higher employment, slash the business tax rate. Move to a flat tax for individuals. Lighten the regulatory burden. Most especially, get rid of Obamacare. That will incentivize everyone in the economy and open the door for faster growth. And while we’re at it, let’s keep the dollar sound. In fact, I’d like to see King Dollar appreciate by 10 to 15 percent. That will hold down inflation while supply-side reforms reignite the economy. (By the way, oil prices would probably drop to $75 a barrel, pulling the rug out from under the evil Vladimir Putin.) Get rid of QE3, move to the 1.5 percent Taylor rule fed funds rate and institute pro-growth economic reforms. This policy package will keep inflation low and drive economic growth higher. It worked in the ‘80s and '90s. But it’s been forgotten in recent years.”