American - Journalist | August 20, 1947 -
Now you know my credo: Free-market capitalism is the best path to prosperity. And let me add to that from our Founding Fathers: Our Creator endowed us with the inalienable rights to life, liberty, and the pursuit of happiness. In other words, freedom.
Lawrence Kudlow
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I have been accused of allegedly giving up my free-market principles in supporting some of Donald Trump's proposed policies.
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Great innovators like Thomas Alva Edison, Henry Ford, and Andrew Carnegie didn't rely on government. There was hardly any of it in those days. More recently, Steve Jobs, Bill Gates, and Larry Ellison used genius to put brand-new ideas into production.
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Trump promised an 'America First' foreign policy rooted in the national interest, not in nostalgia.
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A long time ago, I watched President Reagan repeat a few simple points about the benefits for everyone of lower taxes, light regulations, and limited government. Successful policies are sold by repetition, not unrelated tangents.
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My crash and burn over drugs and alcohol is very well known; I've never, ever hidden that story. If there are people who would not vote for me because of that history, I understand.
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I believe China is a major trade violator. The Chinese break all the rules. They counterfeit our goods, steal our international property rights, and hack the computers of our industries and government. Something must be done about it.
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After 25 quarters of so-called recovery under Obama, it has increased a total of only 14.3 percent. Compare this to earlier periods. After the JFK tax cuts of the early 1960s, the economy grew in total by roughly 40 percent. After the Reagan tax cuts of the 1980s, the economy grew by a total of 34 percent.
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From 1950 to 2000, the U.S. economy grew at an average rate of 3.5 percent. That generated a massive gain in real GDP per person from $16,000 to over $50,000. A huge win for the middle class.
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Democrats like Hillary Clinton and Bernie Sanders want to raise taxes on the rich, saying it will solve inequality. It won't. All that will do is significantly reduce incentives to work, save, and invest. But I say inequality is not the problem. The problem is a lack of growth.
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I never had any friends beyond a certain superficial level. We hate to admit weaknesses. We were raised to want to get ahead, to be good and clever and successful. You're just ashamed to open up.
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I am continuing to explore a run in the Senate from Connecticut, absolutely exploring it. In fact, I would say exploring it intensely.
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