8 points to raise us
back to 4%+ growth per year—by Larry Kudlow
1.
Extend
the Trump tax cuts perpetually adds 1+ % per year by giving certainty to
business, incentives to do research, bring business home to USA by lower corp
taxes.
2.
Or
do modified flat tax +2% per year.
3.
20%
cuts in discretionary spending adds 1/3%
4.
Open
up oil production and drilling to add 2-3M bbls per day adds 1/3%
5.
Put
workfare back into welfare benefits.
People find jobs and add to growth. 1/3%
6.
Repeal
most Biden regulations that are killing small businesses adds 1%
7.
Reach
M2 goals by Fed policy to bring inflation to 2% adds ½% and much certainty to
business.
8.
Index
capital gains 1/3%
None of this repeals the green stuff directly but by spending and regulation cuts.
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