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George Gilder Quote

Republicans have been running on tax-cut proposals since the era of Harding and Coolidge. Tax-rate reductions and simplifications are urgently needed. But again, there is no mention of the key problems of a global economy in decline—of the acceptance by economic elites of inevitable and irremediable stagnation. We have not faced the fact that the Federal Reserve’s capacity to command growth is a god that has failed.

George Gilder

Republicans have been running on tax-cut proposals since the era of Harding and Coolidge. Tax-rate reductions and simplifications are urgently needed. But again, there is no mention of the key problems of a global economy in decline—of the acceptance by economic elites of inevitable and irremediable stagnation. We have not faced the fact that the Federal Reserve’s capacity to command growth is a god that has failed.

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About George Gilder

George Franklin Gilder ( ; born November 29, 1939) is an American investor, author, economist, and co-founder of the Discovery Institute. His 1981 book, Wealth and Poverty, advanced a case for supply-side economics and capitalism during the early months of the Reagan administration. He is the chairman of George Gilder Fund Management, LLC.