In a previous article, we looked at three policy areas ripe for large “positive supply shocks” and a rapid return of the U.S. economy to a high-growth, low-inflation situation: Energy production, tax cuts, and regulations.
First, Americans could see a significant reduction in energy costs under Trump’s “drill, baby, drill” plan designed to unleash American “energy dominance.” Next, we turn to phase two of Trump’s supply-side suite, the tried-and-true tool of widespread tax reductions.
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