Witness the economic power of lower marginal tax-rate incentives.
Larry Kudlow, one of my favorite contemporary economists, lays out some of the recent numbers for the American economy. And as usual, the doom and gloom crowd is wrong again. Jobs, productivity and growth are all on the upswing. Once again, supply-side tax cuts and free market capitalism create a dynamic and growing economy. But don't expect the The Elite Media Monoculture to notice it, or to report it on the evening news.
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