Economic Recovery and the Fed

Lawrence Kudlow has an interesting article in Townhall about the Fed's recent rate hike. He points out that the President did the correct thing in the aftermath of 9/11: he cut taxes. This along with the Fed's easing of interest rates was exactly the stimulus the economy needed. The Dem's constant asertion that tax cuts are bad for the economy is easily remedied by minimal exposure to Macro 101.
- posted by Base10 @ 9:38 AM