And just as the Reagan tax cuts after a conflict with the Iranians that created American prosperity, Dr. Laffer was instrumental in helping us craft the these tax cuts. And I think what has been very, very powerful is The full expensing of equipment, factories, and ag structures is very powerful. So we are seeing an industrial boom and that will first manifest itself in construction jobs. Then we will see when the factory jobs come online and the economy here is very, very strong. (22:52–23:06)
CLAIM
Asserts that full expensing policies are driving industrial growth.
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