When all this produces growth at rates of 4 and 5 percent on a regular basis, then this nation will be experiencing the prosperity that would allow us to outrun our debt, our entitlement obligations and much more
Corporate leaders say Trump tax cut should lead to record business investment this year
This is one of the major benefits we tried to tell the rest of the world would come from the tax cut. It was hard to get the message across when most of the media’s coverage was about a) the politics of the tax cut; and b) the tired old who-wins-and-who-loses approach to assessing policy.
The truth is nobody loses when you unleash private-sector capital. Democrats screamed that only “the rich” would benefit, and too many companies tried to impress the left by paying employee bonuses and so forth. It’s fine to pay those bonuses if you want to, but it was never going to educate those who refuse to understand.