- The Big Picture - http://www.ritholtz.com/blog -

Read It Here First, part III

Posted By Barry Ritholtz On January 1, 2004 @ 9:54 am In Finance,Media | Comments Disabled

Holy Cow! I TiVo’d Kudlow & Cramer [1] last night (New Year’s Eve).

Larry Kudlow, interviewing Glenn Hubbard, asks: “Isn’t the combination of top bracket tax cuts, capital gains cuts and dividend tax cuts really a giant supply side stimulus?”

(Hubbard says yes)

LK continues: “And isn’t the economic recovery of 2003 actually a validation of the Supply Side theory? This isn’t a theory, this is economic policy.”

(Hubbard agrees)

That’s paraphrased from: 2004: A test of Supply Side economics 2004: A test of Supply Side economics [2]

Fun stuff.


Article printed from The Big Picture: http://www.ritholtz.com/blog

URL to article: http://www.ritholtz.com/blog/2004/01/read-it-here-first-part-iii/

URLs in this post:

[1] Kudlow & Cramer: http://moneycentral.msn.com/content/CNBCTV/TV_Info/P12129.asp

[2] 2004: A test of Supply Side economics: http://bigpicture.typepad.com/comments/2003/12/2004_a_test_of_.html

Copyright © 2008 The Big Picture. All rights reserved.