During Sunday’s “The Cats Roundtable” on New York AM 970 radio, economist and CNBC contributor Larry Kudlow predicted that the GOP’s tax cuts would result in a three to four percent economic growth, proving the “naysayers wrong.”
“You are seeing a big Trump effect,” Kudlow, who advised Trump on the tax reform legislation, said. “There’s no question about it. All the naysayers are wrong.”
He added, “The companies themselves jumped in almost immediately and directly referred to the Trump tax cuts and said they want to provide higher wages right away to help a workforce that hasn’t seen wage increases since about the year 2000 … Here’s a direct connection between Trump’s tax cuts and, let’s call it, happiness.”
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