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12/31/2003 Archived Entry: "Rational Exuberance"

Posted by steve @ 11:31 AM EST [Link]

HARD TO IGNORE A STRENGTHENING ECONOMY: Larry Kudlow argues that America's investor class, buoyed by a strengthening economy, will begin to strongly support George W. Bush's reelection bid.

If there is any reason why I hope Bush gets elected -- outside his performance on the war against terrorist activity and groups -- is Kudlow's belief that Dubya is going to push Americans to save more money and use tax incentives to do it. Guiding Americans to save more carries with it huge potential benefits for the future.

Read on.

Replies: 2 comments

Guiding us to save more by not taxing savings income while replacing the income tax with a flat national sales tax would go far.

Posted by gary cruse @ 12/31/2003 06:43 PM EST

Agreed...small steps though!

Posted by Steven Martinovich @ 01/01/2004 03:34 AM EST