Tuesday, April 23, 2024

Kudlow: Sound Money Key to Unleashing Economic Growth

Larry Kudlow reports on the dinner at which Giuliani made news by dissing President Obama’s love for America.  His new Committee to Unleash American Prosperity wants us to return to the first principles of economic growth:

It was the second event sponsored by the Committee to Unleash American Prosperity, a new group founded by Arthur Laffer, Steve Moore, Steve Forbes, and myself. Just as the Committee on the Present Danger — formed by Midge Decter, Norman Podhoretz, and Irving Kristol — worried about the decline in American foreign policy in the late 1970s, we are worried about the decline in American economic growth over the past 15 years.

Our view is simple: To maximize growth, jobs, opportunity, and upward mobility, the U.S. must recapture the first principles of economic growth that were so successful in the 1960s, ’80s, and ’90s. Namely, pro-growth policies should seek a low-rate, broad-based flat tax, limited government spending, the lightest possible economic regulations, sound money, and free trade.

Read the rest over at National Review.

Paul Dupont is a legislative assistant at American Principles in Action.

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