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Sunday, January 12, 2003
Viagra for Lawrence Kudlow
Cancel his order for a Corvette, George Bush's plan to eliminate the dividend tax has give Larry Kudlow the boner of his life.
President Bush's plan to abolish the double tax on dividends can rescue the stock market and investor wealth, liberate shareholder rights and democratize corporate governance, spark a new economic cycle of expansion and prosperity, and fund the war on terror
Of course Larry fails to mention the massive deficits the plan will create (or should we say massive-er?) but that could be because all the blood in his body has accumulated in his money-worshipping engorged member, so he's not thinking very clearly at the moment. Then again Larry has never really cared much whether the government accumulated massive debt in the service of making the rich richer. Remember the Reagan deficts and how supply-side didn't work?
During President Reagan's first term, Mr. Kudlow was the associate director for economics and planning, Office of Management and Budget, Executive Office of the President, where he was engaged in the development of Reagan administration economic and budget policy
I guess talk of deficits is a touchy subject around the Kudlow household....
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