Thursday, April 20, 2006

The market or big-government

Here's an interesting article from Larry Kudlow, a National Review Economic Editor. Mr. Kudlow provides comments on a recent speech given by US presidential hopeful Hillary Clinton. In her speech to the Chicago Economic Club, Hillary called for big-government investment in infrastructure and heavy spending on health-care and education. In other words, implementing the systems of government engineering that failed in Japan, France and Germany.

Kudlow argues that a tax system that rewards success rather than punishes success is the way to go. Meaning, if government leaves more of an individuals hard earned money in that person's pocket, the economy and productivity will grow.

2 comments:

Robert McClelland said...

Kudlow argues that a tax system that rewards success rather than punishes success is the way to go. Meaning, if government leaves more of an individuals hard earned money in that person's pocket, the economy and productivity will grow.

I'm sure Cudlow does argue that. But I'm also sure his argument doesn't extend beyond;

Step 1: Tax cuts;
Step 2: ???
Step 3: Profit!!!

Shawn said...

Intelligent and insightful as always.

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