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A self-described, "Reagan supply-sider", Kudlow opposes estate taxes, as well as taxes on dividends and capital gains. He also advocates that employees be compelled to make greater contributions to their pension and medical costs, suggesting that these expenses are an undue burden on businesses and defends high executive compensation as a manifestation of market forces and opposes most forms of government regulation. In general, he describes himself as a supply-side economist, arguing that reducing tax rates will encourage economic growth and ultimately increase tax revenue. He has often argued that economic growth will clear deficits, while acknowledging the limits of growth.
Anyone who still supports the discredited supply-side theory really can't be taken seriously.
Advocating that employees should be compelled to make greater contributions to their pension and medical costs, while opposing estate taxes, as well as taxes on dividends and capital gains just means Kudlow believes the middle-class should carry the burdens while the richest people don't carry any tax burden at all.
Regarding the opinion piece, Janet Yellen didn't raise interest rates -- the Fed Board did -- and they raised it 1/4 of a percent. They did it because the members of the Fed that speak to bankers were sympathetic to bank profits that occur when rates are higher. Many didn't believe that the rates rise should have happened. Yellen was one of the Fed members that resisted the interest rate rise because inflation is under check. Yellen also didn't say that there will be additional rate hikes this year. That, Kudlow just got wrong. see: Fed could delay raising interest rates, Janet Yellen indicates Meanwhile mortgage rates have fallen.
But if Kudlow thinks that a 1/4 rise in rates crashed the market, he also can't be taken seriously as a stock analyst. The markets crashed because oil crashed and there is concern that large debt from the oil industry will be difficult to repay.
I am not going to comment on his zeal for Donald Truimp that Kudlow exposes. However, I don't see anything in the opinion piece that proves any leadership skills of Trump that the OP suggests. Trump makes broad platitudes whose major policies have little or no substance behind them and some are sheer unconstitutional, while the rest unworkable. I do know why Kudlow likes him -- Trump's tax-plan slashes taxes on the rich in such an amount to make Bush's tax-cuts look skimpy.
According to Wiki:
Anyone who still supports the discredited supply-side theory really can't be taken seriously.
Advocating that employees should be compelled to make greater contributions to their pension and medical costs, while opposing estate taxes, as well as taxes on dividends and capital gains just means Kudlow believes the middle-class should carry the burdens while the richest people don't carry any tax burden at all.
Regarding the opinion piece, Janet Yellen didn't raise interest rates -- the Fed Board did -- and they raised it 1/4 of a percent. They did it because the members of the Fed that speak to bankers were sympathetic to bank profits that occur when rates are higher. Many didn't believe that the rates rise should have happened. Yellen was one of the Fed members that resisted the interest rate rise because inflation is under check. Yellen also didn't say that there will be additional rate hikes this year. That, Kudlow just got wrong. see: Fed could delay raising interest rates, Janet Yellen indicates Meanwhile mortgage rates have fallen.
But if Kudlow thinks that a 1/4 rise in rates crashed the market, he also can't be taken seriously as a stock analyst. The markets crashed because oil crashed and there is concern that large debt from the oil industry will be difficult to repay.
I am not going to comment on his zeal for Donald Truimp that Kudlow exposes. However, I don't see anything in the opinion piece that proves any leadership skills of Trump that the OP suggests. Trump makes broad platitudes whose major policies have little or no substance behind them and some are sheer unconstitutional, while the rest unworkable. I do know why Kudlow likes him -- Trump's tax-plan slashes taxes on the rich in such an amount to make Bush's tax-cuts look skimpy.
"Anyone who still supports the discredited supply-side theory really can't be taken seriously."
Anyone who doesn't support the proven supply-side theory really can't be taken seriously.
According to Wiki:
Anyone who still supports the discredited supply-side theory really can't be taken seriously.
Boom...
You just roasted Obama!
Obama has initiated more supply side economics than Reagan.
QE is a variation of supply side economics. It exists, because Obama has allowed it to exist. Every single Fed pick big or small that Obama has made has been to a QE supporter. QE didn't start until Obama won his election and met with Bernanke.
Obama has initiated more supply side economics than Reagan.
QE is a variation of supply side economics. It exists, because Obama has allowed it to exist. Every single Fed pick big or small that Obama has made has been to a QE supporter. QE didn't start until Obama won his election and met with Bernanke.
A private organization in complete control of the money. Flawless plan.
Hey what can go wrong??
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