Tuesday, March 29, 2016

An Argument in Favor

You don't have to look far to find criticisms of Donald Trump, at least some of which are valid. Maybe you'd like to see someone argue he could be good for the country? Investor's Business Daily has a column in which an investment officer argues for giving The Donald a second look.
Trump has put forth a tax plan as specific as that of any candidate. No less an authority than Reaganomics guru Arthur Laffer said: “It’s a great plan. And I think it’s better or pretty close to as good as Reagan’s.”

Trump’s plan calls for a top personal tax rate of 25%, a capital gains rate of 20% and a top corporate rate of 15%. I don’t know of many pro-growth supply-siders who wouldn’t crawl across broken glass to get that enacted into law.

Trump will run as a madman for capitalism. He just might win. And by unleashing America’s animal spirits, he just might turn out to be the most effective pro-growth president since Reagan.
A strong argument; as we wrote two days ago, on March 27,
Why would anyone want four more years of this lackluster economy? We need growth.