LARRY KUDLOW: Trump is Re-Privatizing the Economy

Last Tuesday night, President Trump gave a great speech to Congress and the nation, showing his view that the American greatness does not know any limits. I hope that people are in the stock market and other places adhering to this thought.

The stocks rise and fall for many reasons, and recently it has decreased. But people should not forget that Mr. Trump’s entire policy – from tax cuts, abolishing restrictions, “drilling, child, drilling”, and mutual trade policy – is designed to recycle the economy, as Scott Bessent puts it, and to generate a major economic boom, as President Trump puts it. In particular, President Trump spent a lot of time last week to carry Congress to pass tax cuts, as soon as possible.

And I thought about 100 % expenses for investment and machinery equipment and machinery, and 15 % of American companies tax, are very optimistic about wage owners, profits, stocks and the entire economy. What’s more, is guided by Elon Musk, and Mr. Trump confirms the decrease in federal spending and federal auditing to clarify waste, fraud and ill -treatment – measures that create more savings in the budget and deficit cuts we have seen decades ago.

And the government will not close. At this stage, with the continued height of profits, it is difficult to anticipate the recession. Mr. Trump’s program on the offer that stimulates more production is the same basically an exhibition of inflation. Therefore, I would like to suggest that people maintain their dry and accurate powder with a well -studied economic plan that makes America great again.