Alas, the dream ended when Kudlow clarified to The Post on Friday afternoon that he was stating expectations about future deficits. “The economy is so strong right now it’s going to produce lower deficits. I probably should have said future deficits,” Kudlow said.
.. Even if Mr. Kudlow’s vaunted supply-side-effect produces enough revenue to make up that gap — a generous assumption — the most he could say is that the deficit remained flat, not that it came down, much less “rapidly.”