White House Economic Report Makes a Liar Out of White House Economic Adviser
Reason.com -

At the end of June, Larry Kudlow, a prominent conservative commentator who is now President Trump's chief economic adviser, claimed that, thanks to the GOP tax law, the deficit was already falling sharply.

"As the economy gears up, more people working, better jobs and careers, those revenues come rolling in and the deficit, which is the other criticism, is coming down, and it's coming down rapidly," Kudlow said. "Growth solves a lot of problems."

The problem with this statement was that there...


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