It’s good to see that Republican presidential contenders are focusing on supply-side economics as a pro-growth strategy for their campaigns and presumably, for their presidential vision if elected.I dearly hope that Kudlow gets his way, and the 2008 GOP nominee ignores David Brooks and runs as a supply-sider.
The Wall Street Journal’s Kim Strassel tells the story in her “Tax Talk” column today. Having interviewed the “Big Three” candidates on CNBC’s Kudlow and Company, I agree with Ms. Strassel’s assessment that Mayor Giuliani and Governor Romney have developed the best tax strategies so far. Senator McCain remains a distant third.
Incidentally, Steve Forbes’ endorsement earlier this week of Rudy Giuliani is a significant development. Both Rudy and Romney have strong supply-side tax advisors in their camps. And if economist Kevin Hassett can convince Sen. McCain to slash corporate tax rates, that would surely give the Arizonan a much stronger economic growth platform.