Larry Kudlow: Our Economic Health Is Coming Back with Emergency Spending and Tax Cuts
EXCERPT:
KUDLOW: “Right now, our economic health is coming back with emergency spending and tax cuts. Americans are going back to work. There is a housing boom, an auto boom, a manufacturing boom, a consumer spending boom. Stocks are in record territory. A V-shaped recovery is pointing towards better than 20% growth in the second half of this year. Now looking ahead, more tax cuts and regulatory rollback will be in store. Payroll tax cuts for higher wages, income tax cuts for the middle class, Capital gains tax cuts for investment, productivity and jobs. Much more regulatory relief for small businesses. In economic terms, folks, this is no time for a $4 trillion tax hike. Coming out of the deep pandemic, who in their right mind would pick the pockets of taxpayers and drain money from their wallets and purses? Look, our economic choice is very clear. Do you want economic health, prosperity, opportunity and optimism? Or do you want to turn back to the dark days of stagnation, recession, and pessimism?”




