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Larry Kudlow: Trump again privizes the economy

Last Tuesday evening, president Trump gave a great speech before the congress And the nation, singing out its providence that American size does not know the boundaries. I wish people on the stock market would hold those thoughts elsewhere.

Supplies go up -dollars for many reasons and They’ve been coming down lately. But people should not forget that the whole policy of Mr. Trump – a reduction in taxes, deregulation, ‘drill, baby, drill’ and reciprocal trade policy – designed to do the economy, as Scott Besenten says, and to create a major economic flourishing, as President Trump says him. In particular, President Trump spent a lot of time last week so that Congress could adopt his tax reduction as soon as possible.

And his idea of ​​100% costs for investment and machine equipment and factories, and 15% made in the US income tax, savage is trapped for salary winners, for profit, supplies and for the overall economy. Moreover, led by Elon Musk, Mr. Trump emphasizes reduced federal consumption ia Federal Audit to Remove Waste, Fraud and AbusE – measures that will create more budget savings and reduction in deficit we have seen in decades.

And the government will not close. At this point, with profit growth, it is difficult to predict the recession. And Mr. Trump’s program on the supply side that encourages more production is basically contraflating. So, I suggest that people keep their powder dry and pay attention to the well -designed economic plan that will truly make America great.



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