Mr. Kemp, along with six New Right members of Congress, are pressing the President to embrace the supply-side revolution as his own.
Nothing in the data suggests a supply-side revolution.
On his Web site yesterday, he predicted that the honor would give Professor Mundell "the standing to consolidate the supply-side revolution he began."
In 1986, a tax overhaul, described by Mundell as "the completion of the supply-side revolution" was drafted.
Far from being over, they say, the supply-side revolution is just beginning to work its magic.
Since the supply-side revolution of the Reagan years, the Republican Party has vigorously advocated tax cuts.
Thus, the results of the late 1980s appeared to vindicate the West German supply-side revolution.
Now that orthodoxy faces one of its strongest challenges since Ronald Reagan brought the supply-side revolution to the G.O.P.
What Britain needs is a supply-side revolution from the left.
Since that is not likely to happen, our best hope is for a revolution - and I don't mean a supply-side revolution!