In the 1980s and 1990s, radical change in economic policies fostered by Ronald Reagan and Margaret Thatcher put the brakes on government planning and ushered in a new free-market supply-side era and a two-decade boom. That model has been abandoned in the new century. This must be reversed. Lawrence Kudlow Read Quote
For the life of me, I cannot understand Clinton and her proposed across-the-board tax hikes on individuals, businesses and investors. I cannot fathom her plans for increased regulatory burdens, which include more government-run healthcare and a halt to the fossil-fuel energy boom. Lawrence Kudlow Read Quote
The biggest flaw in the Trump economic plan is the tilt toward protectionism. I have parted company with him on this. The question here is whether his campaign bark will turn out to be bigger than his government-policy bite. Lawrence Kudlow Read Quote
After 25 quarters of so-called recovery under Obama, it has increased a total of only 14.3 percent. Compare this to earlier periods. After the JFK tax cuts of the early 1960s, the economy grew in total by roughly 40 percent. After the Reagan tax cuts of the 1980s, the economy grew by a total of 34 percent. Lawrence Kudlow Read Quote
Corporate tax reform should include not just large C-corps but also smaller business S-corps and LLC pass-throughs. And nearly as important as cutting business tax rates is the need to simplify the inexplicably opaque and complex system. Lawrence Kudlow Read Quote
The eligibility for food stamps has widened and widened; welfare has been widened – unemployment insurance and disability insurance. These are all incentives not to work. Lawrence Kudlow Read Quote
My crash and burn over drugs and alcohol is very well known; I’ve never, ever hidden that story. If there are people who would not vote for me because of that history, I understand. Lawrence Kudlow Read Quote
True enough, the Fed needs radical reforms. In particular, it needs to replace its failed forecasting models and be rid of the academics who overwhelm the Fed system. Lawrence Kudlow Read Quote
Doing the same thing over and over again and expecting different results when, in fact, the results never change, is one definition of insanity. That goes for economics, too. Lawrence Kudlow Read Quote