By Larry Kudlow
Elections matter, and so do their ideas. Smaller government, low taxes, and less spending were key election themes in the Republican landslide. And those themes triumphed this week as a large tax-cut bill finally passed the House and a monstrosity of a spending bill was defeated in the Senate.
I remember when Democrats were chanting the mantra, “Elections matter,” as they were ramming their big-spending, big-government agenda down our throats. I note with not a little satisfaction now that elections do indeed matter, and that the president, the former Rammer in Chief, is today touting the benefits of compromise. O how the mighty are fallen.