The Magic Formula by Nathan Lewis shows that (1) GOP tax cuts aren’t enough, wasteful spending must also be tackled; and (2) Federal Reserve should revert to "stable money" policies.
Read More...Tags: Leo Tolstoy, Nathan Lewis, Steve Forbes, low taxes, JFK , Ronald Reagan , Bush 43, Donald Trump , responsible budgeting, Laffer Curve, stable money, CPI Index, Walter J. Williams, Shadow Governemtn Statistics, Andy Kessler, Fed inflation target, Janet Yellen, Roman emperors, President Herbert Hoover, American Revolution, Great Depession, Great Recession, currency devaluation, Lewis Powell