Laffer has been a crackpot since he first convinced Reagan about supply side. Economists universally have proven supply side is a failure for everyone but the wealthy. Buying a new yacht doesn’t trickle down to the rest of us.
And he’s as coherent as if he were in his 20s, 30s or 40s and yes, I agree. He looks like he’s in his 50s. And Geraldo Rivera is the same check him out on Pierce Morgan. Unbelievable. Looks like Biden could be his grandfather.
Trump fired 8000 VA officials and do nothings and allowed troops to go to private hospitals, first thing Biden did was rehire all this trash with back pay.
Our economy is struggling with uncertainties, housing issues, foreclosures, global fluctuations, and the pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
With the US dollar losing value to inflation and other currencies gaining traction, uncertainty looms. Yet, many still trust in the dollar's perceived safety. Worried about my $420,000 retirement savings losing value, I seek alternative security for my money.
With my demanding job, I lack time for investment analysis. For seven years, a fiduciary has managed my portfolio, adapting to market conditions, enabling successful navigation and informed decisions. Consider a similar approach.
This is definitely considerable! Do you think you could suggest any professionals or advisors I can get on the phone with? I'm in dire need of proper portfolio allocation.
I appreciate it. After searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.
@@peterponcedeleon3368 HAHAHAHAAHAHAHAHAAHAHAHAHAAHAHAHAHA - - - MAY 09, 2024 Despite CBO’s Predictions, Trump Tax Cuts Were a Boon for America’s Economy and Working FamiliesKey Facts: In fiscal year 2022, federal tax revenues reached a record-high of $4.9 trillion - $1.6 trillion or 48 percent higher than when the Trump tax cuts were passed and $884 billion higher than CBO’s projections for 2022. Corporate tax revenues reached a record-high of $425 billion - $128 billion or 43 percent higher than when the Trump tax cuts were passed and $72 billion higher than CBO’s projections for 2022. Individual tax revenues reached a record-high of $2.6 trillion - over $1 trillion or 66 percent higher than when the Trump tax cuts were passed and $642 billion higher than CBO’s projections for 2022. On average, revenues increased $205 billion per year over CBO’s projections. In the first two years after passage of the Trump tax cuts, GDP growth was a full percentage point higher than CBO’s pre-TCJA forecast. According to the White House Office of Management and Budget, every additional one percent of sustained GDP growth will result in $600 billion in new revenues over 5 years and $2.8 trillion over 10 years. Following passage of the Trump tax cuts… Real median household income rose by $5,000 - a bigger increase in just two years than in the prior eight years combined. Wages increased 4.9 percent, the fastest two-year growth in real wages in 20 years. The poverty rate and unemployment rate reached their lowest levels in 50 years, with all-time lows in unemployment among African American and Hispanic workers, and those without a high-school degree. The bottom 20 percent of earners saw their federal tax rate fall to its lowest level in 40 years. Americans earning under $100,000 received an average tax cut of 16 percent. The share of taxes paid by the Top 1% of households increased while the tax burden paid by lower income earners decreased. ^^^ source, HOUSE BUDGET COMMITTEE
@@protorhinocerator142 AND AS ALWAYS, ya fail to provide ANY proof .... how CRT of ya - - - Allowing the Trump tax cuts to expires will mean higher taxes on working families and businesses, including… A family of four earning $75,000 will owe an additional $1,500 in taxes. A family of five with two earners making around $100,000 will owe an additional nearly $7,500 in taxes. The Child Tax Credit will be slashed in half from $2,000 down to $1,000. The guaranteed deduction that 90 percent of taxpayers use to simplify their tax filing will be slashed in half. The 20 percent deduction that helps small businesses compete with larger corporations goes away leaving small businesses facing a 43.4 percent tax rate. There have been no changes to CBO’s methodology to address other miscalculations… For fiscal year 2023, CBO under projected the budget deficit by $1 trillion. The green tax provisions in the Inflation Reduction Act (IRA) were originally estimated to cost $400 billion through FY 2031. This has since been revised up by two-thirds, to about $660 billion through FY 2031 or $790 billion through FY 2033. ^^^ source, HOUSE BUDGET COMMITTEE
Do you actually know how the health of our economy is actually measured? More than likely not because of your comment. Let me help you. The GDP is the true measure of our economy, and under Biden it rose over 5%, this is after Trump had it drop by 3% during his presidency and also Trump borrowed more money to run the government than any other president in history. You can use your credit card all the time to balance your finances. Only if you are fiscally irresponsible.
"Fake news!" "Do some ReSearch!" For the record, "ReSearch" means "ask Google Again!"🙄 Those are the kids who ate the Tide Pods, they got the Stains of Self Consciousness right out of those little peanuts they though with!
I just ❤ Art! He is great and can explain all the economic concepts so clearly with facts and real examples. Again age is not the real issue. I almost can't believe you are three years older than crooked Joe. You are so sharp!
Google Peter Schiff versus art Laffer. Peter took Dr. Laffer to school. All Dr. Laffer knows, is cut spending, lower taxes and inflate a bigger bubble. Yes, cheap money and lower taxes will bring on a boom, but it will also bring on a major bust.
Me too. One analyst said, that wasn't a debate, it was Q&A. An actual real debate is where you go back and forth several times, revealing the differences in their policies, based around one particular issue. You can debate a couple issues, that's fine. But you could easily spend 2 hours on just one topic, for example abortion, or the USA borders, or foreign wars. Every issue deserves to be debated, and we didn't get any debate at all. But this "debate" was still very telling so we could learn alot.
We must have money to burn the way Biden giving it away to a neverending stream of illegals streaming over border constantly from all over the world if mars could send illegals for us to take care of joe Biden would welcome them
You mean Pelosi and crooked Biden? See ruling class makes their own money. Pelosi and Biden do insider trading or take bribes, adding nothing to productivity. You should say the Productivity class
@user-le4nd9bu5x that is something many Republican voters will never understand. Trump is not going to solve the border issue. The elite Republicans want their cheap labor. They are going to cut social security but continue to tax it so they can put it in their own pockets. Make America poor again.
@@SlickDonaldRichard-rk94 Job lived while the age was still coming down from 900+ to 120. He was before Abraham. Abraham's dad Terah was the last to hit 200. When God made this promise, Noah was still alive. He was the last to see 900. After Noah, the lifespans dropped like a rock. The lifespan kept dropping until it got to Moses, who died on his 120th birthday. 120 is now the maximum. That's it. Trump will not live to 200. Sorry. Genesis 6:3 And the Lord said, My spirit shall not always strive with man, for that he also is flesh: yet his days shall be an hundred and twenty years. Genesis 9:29 And all the days of Noah were nine hundred and fifty years: and he died. Genesis 11:32 And the days of Terah were two hundred and five years: and Terah died in Haran. Deuteronomy 31:1-2 1 And Moses went and spake these words unto all Israel. 2 And he said unto them, I am an hundred and twenty years old this day; I can no more go out and come in: also the Lord hath said unto me, Thou shalt not go over this Jordan.
At this point I really think he will win and I want to start re-distributing my portfolio into other asset classes with that in mind. I know Trump is more open minded to trying out new things. I'm thinking of sharing my portfolio of about 300k over different asset classes. Any recommendations?
No specific suggestions from me, but all I can say is that he's really likely to win. It's really not as difficult to smartly distribute your assets as many people assume. It requires a certain level of expertise, which ordinary investors lack, so a financial advisor usually comes in very handy. That is how people make huge profits in market key changers like elections.
I agree. A financial advisor can really help you re-adjust and identify blindspots that you yourself do not notice, like mine did in advising me during COVID on how the pandemic will shape things, and I made it out big and still make up to at least 20k in dividend per month.
That's really great. I've tried doing some research myself to hire a financial advisor, but it's really overwhelming. Could you recommend who you work with, please?
@@Selling-McCarthyismThere will be a King who will rule forever, not only over the House of Israel- the USA, UK and the English speaking democratic countries and countries in Northwest Europe and British Islands, He will rule over the entire world, and on into the universe, as forecast in the book of Psalms, Hebrew and Revelation.
@@jeffreygunn3530 If they're not paying taxes in, then why should they get a vote on how the money is spent? Taxation without representation is tyranny. Representation without taxation is anarchy.
@@protorhinocerator142 You'll get no argument from me. I've always been amazed at the way Democrat politicians can stand there and complain about other people not "paying their fair share" while the majority of their constituents literally pay nothing. What, exactly, is your "fair share" of someone else's money?
@@jeffreygunn3530 When you design a system that robs Peter to pay Paul, you can always count on Paul's support. If you live on govt handouts you're a ward of the state, basically a child. And children don't get to vote. People who pay less in taxes than the govt assistance they get should not be allowed to vote. It's an insult to those of us grudgingly paying our taxes each year. None of us like it.
Shrink the hell out of the government; repeal withholding. When people have to write a check for the full amount on April 15, government will become much smaller overnight.
Shrink the hell out of the government; 850 billion in the military to protect multinationals who pay no taxes, Make the multinationals hire their own Pinkerton guards...
Call Dr. Laffer knows how to do is lower interest rates, and spend money we don’t have. The cost of government is not what it taxes. The cost of government is what it spends. All for cutting taxes and I’m all for free markets, but you can’t have free markets and sound money when the government is spending much more than what it takes in.we all will be paying is the inflation tax.
@@peterponcedeleon3368 Dr. Laffer said an 18 month cut- not a permanent cut. Also, I agree about cost of government, spending. SO, dont give our money away. If the government is going to spend our money spend it on us not illegals or foreign countries or fighting wars. This economy needs to be jump started to help get back on track and I agree with what Dr. Laffer said and what Trump wants to do.
@@lebleb9501 government is not here to spend our money on us. Government is simply here to protect our rights and our borders. The government is not your caretaker. We jumpstart the Konomi by cutting government. We’ve been attempting to jumpstart the economy with cheap money and artificial low rates for the past 20 years and it’s gotten us nothing but that at a debt crisis that is in our near future. Which Trump wants to do is lower rates artificially, spend like a drunken sailor and start a trade war we cannot win.
And Regan tax cuts. and George H.W, bush tax cuts ops read my lips no new taxes, and Clinton tax cuts, and G.W, bush tax cuts then send the tax paying base jobs to China than Trumps tax cuts wow what do you get 34 trillion in debt, that your kids will pay....Ross Perot called it voodoo economics
If you allow me to cut taxes, force rates, lower, and sprinkle $7 trillion dollars of freshly printed pieces of paper and spread that across the entire US economy, I’ll show you a real good time too. It’s called a bubble dude. Don’t you know that?
All Dr. Laffer knows how to do is cut taxes, lower interest rates, and spend like a drunk sailor. Yes! That will bring on an economic boom. But it will also bring on an economic bust. The cost of government is not what taxes, the cost of government is what it spends. This is basic economics. Google art Laffer versus PeterSchiff. Art gets taken to school.
@@markswain365 Explanation of what mervyncave5263 said: He said that just going with continuing debt increases, and not trying to pay it down with tax revenue, results in out of control inflation, where the Federal Reserve Notes (dollars), or the Zimbabwe central bank notes (Zimbabwe dollars), reduce in value so quickly that you need thousands, then millions, then billions, then trillions of dollars to equal what a dollar used to buy (fairly recent data show that U.S. dollars have shrunk in value by 97% since the creation of the Federal Reserve, and their ongoing inflation). Hence, counting all those zero's on the Federal Reserve Notes becomes unwieldy among other awful consequences.
You bring up a good question. Unfortunately, most so-called conservatives have zero understanding of basic economics. Here’s a lesson for them, the cost of government is what it spends not what it taxes.
Trump said he'll put a 10% tariff on ALL imported goods and when asked about raising prices on goods, he said it wouldn't raise prices. A tariff is another word for tax, paid by the consumer in a way to discourage buying imported goods. You can't have a 10% tariff and not raise the prices on those goods. I'm not an economist but that's just common sense.
@@fishtexas5548 Enjoy four more years of Biden because, just like 2020, voters would choose ANYBODY but Trump. That's evident because BIDEN won in 2020. BIDEN. Do you see that?
They've been cutting taxes since Regan still hasn't worked. The best part about trickle down economics is when the rich pee on our leg and tell us it's raining.
art laffer has allways made the most sense of any one on tv. why dont people see it? he would be a good choice to replace that yellen catastrophy who says every thing is hunky dory.
Don’t tell that to the so-called conservatives. They’ll tell you, don’t look at the debt just look at the GDP. When in fact, our GDP is based on debt. Now you tell me how this end.
These big spending Republicans, like art Laffer and Trump don’t give a rip about our debt. They won’t be around to pay it back when the bills come due. But they will look to make themselves even richer with all the cheap money that they are in favor of..
I love the grounded reality of this channel!!! Retirement took a toll on my finances, but with my involvement in the digital market, $15,000 weekly returns has been life changing. AWESOME GOD ❤️
I feel sympathy and empathy for our country, low income earners are suffering to survive, and I appreciate Mrs Deborah Farrington. You've helped my family with your advice. imagine investing $30,000 and receiving $95,460 after 10 days of trading.
*with over 10 years of tra ding experience, Mrs Deborah has gained herself a good reputation by helping a lot of persons build their finances' through inves'tments🇺🇸.*
in 2015 TRUMP said he would let ANY immigrant stay in this country if they work or fight for us THIS IS PLANNED, they did it before in the 1980s Jimmy Carter ( democrat ) let them in 1977-1980 Ronald Reagan ( republican ) let them stay, immigration act 1986 Joe Biden ( democrat ) let them in 2021 2025 Donald Trump ( republican ) will let them stay, immigration act of 2026 Trump just announced the other day to plan an immigration plan.... I have been saying this for almost 3 years now This is the United Nations Agenda 2030
Only so-called conservative would want the government workers to come back to the office. A genuine conservative with demand that they resign or they are terminated.
@@peterponcedeleon3368 Here's the deal: some gov jobs can be terminated or downsized due to attrition but some can't. The one's that can't, need humans to get their fanny perpendicular in the morning and go to work. We the taxpayers are paying for the real estate regardless so, to the extent that we can, get back to work.
@@terrymoorecnc2500 here’s the real deal, most government employees need to be working in the private sector. Because the private sector can’t afford all this government.
Trumps tax cuts gave me more of a raise in my take home pay than any contract negotiated by my union has over the last 25 years. I'm not making a 6 figure annual salary. The tax cut put enough money in my take home pay to buy groceries for 2 days of meals. It also saved me $150 in tax preparation as the tax cut also simplified my tax return to a short form that I can do myself in 20 minutes without having to itemizing deductions.
The U.S. economy can actually get better if only the govt can start making better decisions for the sake of it's citizens, cos' they've really made life more difficult for its residents. Hyperinflation has left the less haves bearing the brunt of the burden. Its already eating into my entire $620k retirement portfolio. Like where else can we invest our money with less risks?
Just get a financial planner straight up! personally, I would invest in etf and also love investing in individual stocks. yes it’s riskier but I'm comfortable in my financial environment.
I agree. Exactly why I now work with one. A lot of folks downplay the role of advisors until being burnt by their emotions, no offense. I remember some years back, during the covid-outbreak, I needed a good boost to stay afloat, hence researched for advisors and thankfully came across one with grit. As of today, my cash reserve has yielded from $350k to nearly $1m
Vivian Jean Wilhelm is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance
No, that’s how you inflate bubbles and create massive distortions in the economy. Which then intern leads to having to print even more money, force rates, even lower, further distorting the economy, which will lead to a massive reckoning. The cost of government is what it spends, not what it taxes. Don’t you know this?
Bitcoin is on its way to down, getting closer to hitting new high prices, showing that it's loosing more value and could go even higher than we've seen before. This could mean great things for people looking to invest, suggesting now might be a good time to get involved before it jumps even higher. It's an exciting moment that could change the game in general...managed to grow a nest egg of around 2.1Blitcoin to a decent 11.4Biitcoin. At the heart of this evolution is mrs Beley Haener, whose deep understanding of both cryptocurrency and traditional trading has been instrumental. Her holistic approach to investment and commitment to staying abreast of market trends make her an invaluable ally in navigating this new era in cryptocurrency investment
I feel one Of the greatest challenges that we first timers face in the ma rket is that we end up losing all we have, we find it difficult to find ourselves back to our feet. My biggest advice is to always seek the services of a professional just like I did when I ventured into it for the first time. Big thanks to Mrs Beley Haener. I now make huge profits by weekly through her services while still learning to stand on my own.
I agree that there are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors with.
Our tax brake from Trump will expire in 2025, our taxes will go up next year, as the taxes on big companies are for life. It was just a temporary break for us to accept his tax break on big companies.
You are super smart man and honestly only Mr. Trump’s can desperately save America and the world wide will finally come in peace together in a spectacular way. ❤❤❤
It is so wonderful to hear someone else who understands what the country needs to become healthy again. I love our country. Just happened to look on the reverse side of a 2000 New Hampshire 1788 quarter it reads "Live Free Or Die"
Nice to see a person over 81 with clear fluid thought and ability to speak!
True😂😂👍🏽
And no cough from snorting too much democracy.
Three years older than Brandon. Can you see a difference in mental capacity?
And no teleprompter!
Cocaine is hell on the brain
Laffer has been a crackpot since he first convinced Reagan about supply side. Economists universally have proven supply side is a failure for everyone but the wealthy. Buying a new yacht doesn’t trickle down to the rest of us.
@@arthurjohnson7382 cocaine is hell on the brain (comment was deleted)
@@nmnmnmnmnm2000Baloney
This man is 84 years old?😳 He looks like he’s in his 70’s.
50s
Looks way younger than that!
And he’s as coherent as if he were in his 20s, 30s or 40s and yes, I agree. He looks like he’s in his 50s. And Geraldo Rivera is the same check him out on Pierce Morgan. Unbelievable. Looks like Biden could be his grandfather.
Sharp as a tack. Age is so overrated.
@@misterwallace3479 Finally! Somebody said it! Bring back The Donald
Maybe Joe Biden should teach his son to pay his fair share of taxes…
maybe the multinationals should pay taxes or at least pick up the tab for the VA
With interest
Trump fired 8000 VA officials and do nothings and allowed troops to go to private hospitals, first thing Biden did was rehire all this trash with back pay.
The same way that Trump pay his right?, 😂😂😂
@@olivier2605 do I sense a little TDS?? I think so.🤣🤣🤣
Our economy is struggling with uncertainties, housing issues, foreclosures, global fluctuations, and the pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
With the US dollar losing value to inflation and other currencies gaining traction, uncertainty looms. Yet, many still trust in the dollar's perceived safety. Worried about my $420,000 retirement savings losing value, I seek alternative security for my money.
With my demanding job, I lack time for investment analysis. For seven years, a fiduciary has managed my portfolio, adapting to market conditions, enabling successful navigation and informed decisions. Consider a similar approach.
This is definitely considerable! Do you think you could suggest any professionals or advisors I can get on the phone with? I'm in dire need of proper portfolio allocation.
Just research the name Desiree Ruth Hoffman. You’d find necessary details to work with a correspondence to set up an appointment.
I appreciate it. After searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.
We need Donald Trump back!
The economy is doing better than when failure trump was in office. Trump brought bozo's in to help him like Kudlow.l
Like yesterday..😳
Art Laffer and people like him in Trumps camp are WHY I am MAGA AND VOTING DJT!
HE'S 3 YEARS OLDER THAN BIDEN AND SHARP AS A TACK
The 1st step to jump starting the economy, is to erase every bill, policy, and executive order Biden put in place.*
Not happening, as he just doesn't have the votes or voters1
It doesn’t “cost” the government, it’s Our money!!
Actually, it does, it's a net loss of revenue... fewer roads, fewer medical care choices, and fewer seniors are taken care of.
@@FosterTravis1071 Did you even listen ? The revenue increased for two years in the government coffers. I mean it’s like you didn’t even listen
@@FosterTravis1071 Fewer roads? Umm you do know most roads are state funded, seniors are already taken care. SMH 🤦🏽♂️
No, it's partly your money, the government makes money from exports, imports and lending to other countries among other things.
@@FosterTravis1071Relay the Video You will realize Art was Correct
Laffer has already secured his glorious place in history!
Google Peter Schiff versus art Laffer. Laughter was schooled.
The laugher curve, what was he drinking? 😊
@@marklee2508 It's been proven over and over. What are you drinking?
@@peterponcedeleon3368 HAHAHAHAAHAHAHAHAAHAHAHAHAAHAHAHAHA - - - MAY 09, 2024
Despite CBO’s Predictions, Trump Tax Cuts Were a Boon for America’s Economy and Working FamiliesKey Facts:
In fiscal year 2022, federal tax revenues reached a record-high of $4.9 trillion - $1.6 trillion or 48 percent higher than when the Trump tax cuts were passed and $884 billion higher than CBO’s projections for 2022.
Corporate tax revenues reached a record-high of $425 billion - $128 billion or 43 percent higher than when the Trump tax cuts were passed and $72 billion higher than CBO’s projections for 2022.
Individual tax revenues reached a record-high of $2.6 trillion - over $1 trillion or 66 percent higher than when the Trump tax cuts were passed and $642 billion higher than CBO’s projections for 2022.
On average, revenues increased $205 billion per year over CBO’s projections.
In the first two years after passage of the Trump tax cuts, GDP growth was a full percentage point higher than CBO’s pre-TCJA forecast.
According to the White House Office of Management and Budget, every additional one percent of sustained GDP growth will result in $600 billion in new revenues over 5 years and $2.8 trillion over 10 years.
Following passage of the Trump tax cuts…
Real median household income rose by $5,000 - a bigger increase in just two years than in the prior eight years combined.
Wages increased 4.9 percent, the fastest two-year growth in real wages in 20 years.
The poverty rate and unemployment rate reached their lowest levels in 50 years, with all-time lows in unemployment among African American and Hispanic workers, and those without a high-school degree.
The bottom 20 percent of earners saw their federal tax rate fall to its lowest level in 40 years.
Americans earning under $100,000 received an average tax cut of 16 percent.
The share of taxes paid by the Top 1% of households increased while the tax burden paid by lower income earners decreased. ^^^ source, HOUSE BUDGET COMMITTEE
@@protorhinocerator142 AND AS ALWAYS, ya fail to provide ANY proof .... how CRT of ya - - - Allowing the Trump tax cuts to expires will mean higher taxes on working families and businesses, including…
A family of four earning $75,000 will owe an additional $1,500 in taxes.
A family of five with two earners making around $100,000 will owe an additional nearly $7,500 in taxes.
The Child Tax Credit will be slashed in half from $2,000 down to $1,000.
The guaranteed deduction that 90 percent of taxpayers use to simplify their tax filing will be slashed in half.
The 20 percent deduction that helps small businesses compete with larger corporations goes away leaving small businesses facing a 43.4 percent tax rate.
There have been no changes to CBO’s methodology to address other miscalculations…
For fiscal year 2023, CBO under projected the budget deficit by $1 trillion.
The green tax provisions in the Inflation Reduction Act (IRA) were originally estimated to cost $400 billion through FY 2031. This has since been revised up by two-thirds, to about $660 billion through FY 2031 or $790 billion through FY 2033. ^^^ source, HOUSE BUDGET COMMITTEE
Trump 2024 /lets go Brandon!!!
Because of you..must vote BLUE...
LETS GO BRANDON!!🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉
@livingintheforest3963 ....My doofuss...is gonna beat your doofuss.......lol
@@USVIBL vote blue? For what.........continued wars, a lousy economy, open borders? Shall I continue?
Please God...be the wind in Trumps sail 🇺🇲🇺🇲🇺🇲 Trump 2024!!!
Force a devoted Democrat to watch this!
They get triggered and vomit stupid replies.
@@jameswilson313😂 like little trumpster's getting triggered every day
Do you actually know how the health of our economy is actually measured? More than likely not because of your comment. Let me help you. The GDP is the true measure of our economy, and under Biden it rose over 5%, this is after Trump had it drop by 3% during his presidency and also Trump borrowed more money to run the government than any other president in history. You can use your credit card all the time to balance your finances. Only if you are fiscally irresponsible.
@@according2petey25gj proving his point 👏🏻👏🏻👏🏻👏🏻👏🏻👏🏻👏🏻
"Fake news!" "Do some ReSearch!"
For the record, "ReSearch" means "ask Google Again!"🙄
Those are the kids who ate the Tide Pods, they got the Stains of Self Consciousness right out of those little peanuts they though with!
I just ❤ Art! He is great and can explain all the economic concepts so clearly with facts and real examples.
Again age is not the real issue. I almost can't believe you are three years older than crooked Joe. You are so sharp!
Biden was VP under Obama Great Recession, now our Nation Deficit is taxed $1 billion. SHAME on Joe Biden
Google Peter Schiff versus art Laffer. Peter took Dr. Laffer to school. All Dr. Laffer knows, is cut spending, lower taxes and inflate a bigger bubble. Yes, cheap money and lower taxes will bring on a boom, but it will also bring on a major bust.
That was the WORST debate I’ve ever seen in my 74 years.
Yes. All tRump did is lie.
I am 77 me too
Trump has won every debate he's ever been in.
@@Rook98766then you slept through 2020 debates where trump stunk up the world 😂
Me too. One analyst said, that wasn't a debate, it was Q&A. An actual real debate is where you go back and forth several times, revealing the differences in their policies, based around one particular issue. You can debate a couple issues, that's fine. But you could easily spend 2 hours on just one topic, for example abortion, or the USA borders, or foreign wars. Every issue deserves to be debated, and we didn't get any debate at all. But this "debate" was still very telling so we could learn alot.
It's easy to solve cut taxes and quit spending and giving free money out
The best way is to stop using 2A as a teddy bear its actually the way it was written in by the founding fathers
We must have money to burn the way Biden giving it away to a neverending stream of illegals streaming over border constantly from all over the world if mars could send illegals for us to take care of joe Biden would welcome them
They need to have Art on the news every single day.
I luv that guy...HE'S MY SECOND LEO TERRELL ❤🤍💙
Dr. Laffer was a professor of mine. Totally sharp about microeconomics, macroeconomics and everything economics.
He want to give all the money to the ruling class
You mean Pelosi and crooked Biden? See ruling class makes their own money. Pelosi and Biden do insider trading or take bribes, adding nothing to productivity. You should say the Productivity class
@user-le4nd9bu5x that is something many Republican voters will never understand. Trump is not going to solve the border issue. The elite Republicans want their cheap labor. They are going to cut social security but continue to tax it so they can put it in their own pockets. Make America poor again.
@@user-le4nd9bu5x That's funny. Money from the ruling class to the ruling class. Where did you study finance?
@@user-le4nd9bu5xHe want. Is this Tonto?
Go for Trump 2024 🇺🇲🇺🇲
Laffer looks at least 20 years younger than he is and has the mind of a 40 yr. old! The man's gonna live till he 110.
I always click on his stuff.
@@rahkinrah1963 Me too. He's good medicine.
Yup. But why 110? Job in the Bible lived to approx. 200. Hope Donald does that.
@@SlickDonaldRichard-rk94 Job lived while the age was still coming down from 900+ to 120. He was before Abraham. Abraham's dad Terah was the last to hit 200.
When God made this promise, Noah was still alive. He was the last to see 900. After Noah, the lifespans dropped like a rock.
The lifespan kept dropping until it got to Moses, who died on his 120th birthday.
120 is now the maximum. That's it. Trump will not live to 200. Sorry.
Genesis 6:3
And the Lord said, My spirit shall not always strive with man, for that he also is flesh: yet his days shall be an hundred and twenty years.
Genesis 9:29
And all the days of Noah were nine hundred and fifty years: and he died.
Genesis 11:32
And the days of Terah were two hundred and five years: and Terah died in Haran.
Deuteronomy 31:1-2
1 And Moses went and spake these words unto all Israel.
2 And he said unto them, I am an hundred and twenty years old this day; I can no more go out and come in: also the Lord hath said unto me, Thou shalt not go over this Jordan.
Mr. Laffer is a good guy. He really knows his stuff.
😡STOCK MARKET BREAKING RECORD AFTER RECORD!
WHERE'S THE MNAD TRICKLE ART?
@@timothylopez8572because of what Trump did.
@@NirtyDigger5 Wait, we had a bad economy for three years after Trump, but now three years later he’s the cause. 😂 MOE RON
@@NirtyDigger5 Wait, we had a bad economy for three years after Trump, but now three years later he’s the cause. MOE RON
@@keithhoss4990We all know everything you say is lies and propaganda. Why waste your time?
Trump 2024 everyone go vote in November dont let down your guard
Than austerity for 2025
Right, everyone, WHO, haha, he just doesn't have the votes or the voters!
@@user-le4nd9bu5x If it's anything like what Argentina is doing, I'm on board.
At this point I really think he will win and I want to start re-distributing my portfolio into other asset classes with that in mind. I know Trump is more open minded to trying out new things. I'm thinking of sharing my portfolio of about 300k over different asset classes. Any recommendations?
No specific suggestions from me, but all I can say is that he's really likely to win. It's really not as difficult to smartly distribute your assets as many people assume. It requires a certain level of expertise, which ordinary investors lack, so a financial advisor usually comes in very handy. That is how people make huge profits in market key changers like elections.
I agree. A financial advisor can really help you re-adjust and identify blindspots that you yourself do not notice, like mine did in advising me during COVID on how the pandemic will shape things, and I made it out big and still make up to at least 20k in dividend per month.
That's really great. I've tried doing some research myself to hire a financial advisor, but it's really overwhelming. Could you recommend who you work with, please?
Amber Kay Wright is the licensed advisor I use. Just research the name. You’ll find necessary details to work with to set up an appointment.
Thank you for the recommendation. I'll send her an email and I hope I'm able to connect with her.
TRUMP, TRUMP, TRUMP, 2024 !!!!!!!!!!!!!!!!!!!!
Would love to have the king forever back in there
@@Selling-McCarthyismThere will be a King who will rule forever, not only over the House of Israel- the USA, UK and the English speaking democratic countries and countries in Northwest Europe and British Islands, He will rule over the entire world, and on into the universe, as forecast in the book of Psalms, Hebrew and Revelation.
For prison, prison, prison !!!!!!!!!!!!!
@@gabrielgonzalez9547Biden for spokesmen for Visiting Angels
@@Alahulapuuloakealahelenokaahu Trump is King, not Jesus.
wow Professor Laffer, from your mouth to God's ears, Amen.
Drill Baby Drill 2024
Poor people don't hire employees, or build businesses that pay taxes.
And most of them don't pay income taxes, either. Might be why they didn't get a tax cut
@@jeffreygunn3530 If they're not paying taxes in, then why should they get a vote on how the money is spent?
Taxation without representation is tyranny.
Representation without taxation is anarchy.
@@protorhinocerator142 You'll get no argument from me. I've always been amazed at the way Democrat politicians can stand there and complain about other people not "paying their fair share" while the majority of their constituents literally pay nothing. What, exactly, is your "fair share" of someone else's money?
@@jeffreygunn3530 When you design a system that robs Peter to pay Paul, you can always count on Paul's support.
If you live on govt handouts you're a ward of the state, basically a child. And children don't get to vote.
People who pay less in taxes than the govt assistance they get should not be allowed to vote. It's an insult to those of us grudgingly paying our taxes each year. None of us like it.
Shrink the hell out of the government; repeal withholding. When people have to write a check for the full amount on April 15, government will become much smaller overnight.
Hell yeah. Withholding is maybe the greatest single tool the left-statist has at its disposal.
Shrink the hell out of the government; 850 billion in the military to protect multinationals who pay no taxes, Make the multinationals hire their own Pinkerton guards...
President of Venezuela.took inflation from 300 to zero in 9 months
Revenue to Federal government has grown; and continues to grow, but Congress pisses it away!!! They're the real culprits in the explosion of debt!
@@godbyoneThat was Javier Milei in Argentina.
Mr. Laffer, from your lips to Gods ears. God bless American. In God we trust. Jesus Christ bless us all.
And bring back The Donald. Amen.
@@SlickDonaldRichard-rk94
Yes, amen. God help us.
Call Dr. Laffer knows how to do is lower interest rates, and spend money we don’t have. The cost of government is not what it taxes. The cost of government is what it spends. All for cutting taxes and I’m all for free markets, but you can’t have free markets and sound money when the government is spending much more than what it takes in.we all will be paying is the inflation tax.
@@peterponcedeleon3368 Dr. Laffer said an 18 month cut- not a permanent cut. Also, I agree about cost of government, spending. SO, dont give our money away. If the government is going to spend our money spend it on us not illegals or foreign countries or fighting wars. This economy needs to be jump started to help get back on track and I agree with what Dr. Laffer said and what Trump wants to do.
@@lebleb9501 government is not here to spend our money on us. Government is simply here to protect our rights and our borders. The government is not your caretaker. We jumpstart the Konomi by cutting government. We’ve been attempting to jumpstart the economy with cheap money and artificial low rates for the past 20 years and it’s gotten us nothing but that at a debt crisis that is in our near future. Which Trump wants to do is lower rates artificially, spend like a drunken sailor and start a trade war we cannot win.
Let’s go Art!! Locked TF in!
I like this guy. 👍👍's up!
Social Security should be tax free!
By and large, it is.
Art Laffer is awesome! Awesome then. Awesome now!
Drill baby drill
Excellent Interview, thank you ❤
Run joe run ...........................MAGA
I loved the Trump Era taxes… was a glorious time for America
And Regan tax cuts. and George H.W, bush tax cuts ops read my lips no new taxes, and Clinton tax cuts, and G.W, bush tax cuts then send the tax paying base jobs to China than Trumps tax cuts wow what do you get 34 trillion in debt, that your kids will pay....Ross Perot called it voodoo economics
If you allow me to cut taxes, force rates, lower, and sprinkle $7 trillion dollars of freshly printed pieces of paper and spread that across the entire US economy, I’ll show you a real good time too. It’s called a bubble dude. Don’t you know that?
I love that Art , he is always happy and always right.
All Dr. Laffer knows how to do is cut taxes, lower interest rates, and spend like a drunk sailor. Yes! That will bring on an economic boom. But it will also bring on an economic bust. The cost of government is not what taxes, the cost of government is what it spends. This is basic economics. Google art Laffer versus PeterSchiff. Art gets taken to school.
Got that RIGHT 👍 GO TRUMP 🇺🇸🇺🇸🇺🇸🇺🇸 MAGA 💎🌟💖 2024!!!!!
Bravo
if we can run deficits and just print money that we owe ourselves, why do we need to pay taxes ?
Been done. Became too tedious to count the noughts on a note . Didn’t work.
@@mervyncave5263 what ????
@@markswain365 Explanation of what mervyncave5263 said: He said that just going with continuing debt increases, and not trying to pay it down with tax revenue, results in out of control inflation, where the Federal Reserve Notes (dollars), or the Zimbabwe central bank notes (Zimbabwe dollars), reduce in value so quickly that you need thousands, then millions, then billions, then trillions of dollars to equal what a dollar used to buy (fairly recent data show that U.S. dollars have shrunk in value by 97% since the creation of the Federal Reserve, and their ongoing inflation). Hence, counting all those zero's on the Federal Reserve Notes becomes unwieldy among other awful consequences.
You bring up a good question. Unfortunately, most so-called conservatives have zero understanding of basic economics. Here’s a lesson for them, the cost of government is what it spends not what it taxes.
Trump said he'll put a 10% tariff on ALL imported goods and when asked about raising prices on goods, he said it wouldn't raise prices.
A tariff is another word for tax, paid by the consumer in a way to discourage buying imported goods.
You can't have a 10% tariff and not raise the prices on those goods.
I'm not an economist but that's just common sense.
But we beat Medicare
@@fishtexas5548
And the Continental Army held the airport in the Revolutionary War.
@@Le_Serviette_Noir but we didn't on our exit from Afghanistan. Thx joe
@@fishtexas5548
Enjoy four more years of Biden because, just like 2020, voters would choose ANYBODY but Trump. That's evident because BIDEN won in 2020.
BIDEN. Do you see that?
Donald Trump is not an economic illiterate. Pay attention. You might learn something.
2:44 - Art, buddy, you don't hate to say it, and I don't hate you saying it, and most of us out here don't hate you saying it, so say it more often!
Re-inflating the bubble economy is not growth. Government must shrink, and we must have meaningful debt reduction.
Truth teller.
You can't mean Biden he is the biggest liar
Who's truth the ruling class
GET RID OF THE FEDERAL RESERVE.
Love your book Mr Laffer. True.
Trump had a tax cut for everyone we need more tax cuts
No more, inflation is going to sky rocket under Trump's tariffs. Educate
They've been cutting taxes since Regan still hasn't worked. The best part about trickle down economics is when the rich pee on our leg and tell us it's raining.
@@fenderblue9485Trump’s tax cuts provided the government with more income! Educate
Biden is burdening the tax payer. 70k new government jobs added in June 😂😂😂
@@fenderblue9485 FJB!
TRUMP needs to bring this guy back with him,he's 3 years older than Biden and as sharp as a tack!!!
10% for the big guy!
art laffer has allways made the most sense of any one on tv. why dont people see it? he would be a good choice to replace that yellen catastrophy who says every thing is hunky dory.
Ditto!
The imported goods will cost more if you want them, it’s encouraging consumers to buy domestic products which keeps our population working.
Drill baby drill. ⛽🔥
They already are drilling more than trumps
Biden- Trump added more to the debt than any other president, so I came in and added even more to it
...seemed a good idea at the time. As if all the best Presidents do it.
Don’t tell that to the so-called conservatives. They’ll tell you, don’t look at the debt just look at the GDP. When in fact, our GDP is based on debt. Now you tell me how this end.
****Very well put***
Pray hard
Biden needs to be corrected every time he speaks, to his face!
I met Art one time. Really really great guy. I drove him from a meeting in Austin and behind the scenes he’s just as nice and friendly as could be.
$525 billion to Ukraine and $750 billion to illegals and $700 to Maui people that’s your president America”
But national debt out of control.
These big spending Republicans, like art Laffer and Trump don’t give a rip about our debt. They won’t be around to pay it back when the bills come due. But they will look to make themselves even richer with all the cheap money that they are in favor of..
Yes ! Trump! 🇺🇲🇺🇲
We need businessmen and working people in charge, not a bunch or crooked lawyers.
❤art Laffer...please go and purchase his book ...thank you😊
Man, Art looks GREAT for his age ! Unlike Biden
So Brandon won't be Laffing
I love the grounded reality of this channel!!!
Retirement took a toll on my finances, but with my involvement in the digital market, $15,000 weekly returns has been life changing. AWESOME GOD ❤️
I feel sympathy and empathy for our country, low income earners are suffering to survive, and I appreciate Mrs Deborah Farrington. You've helped my family with your advice. imagine investing $30,000 and receiving $95,460 after 10 days of trading.
I'm in a similar situation where should I look to increase income? Do you have any advice? What did you do ? Thank you
Well I engage in nice side hustles like inves'ting, and the good thing is I do it with one one of the best(Deborah Farrington), she's really good!
No doubts, this Deborah Farrington must be an icon; how good is she and how safe is "profit making" with her.?
*with over 10 years of tra ding experience, Mrs Deborah has gained herself a good reputation by helping a lot of persons build their finances' through inves'tments🇺🇸.*
Get rid of Income taxes. States without income taxes are doing better than those with income taxes.
Truth! ❤
Trump will get us going again. ❤❤❤
Help me money 💲 399 billion us dollars support money every months support money every years support money Abdullahi Hassan Mohamed Ibrahim please
in 2015 TRUMP said he would let ANY immigrant stay in this country if they work or fight for us
THIS IS PLANNED, they did it before in the 1980s
Jimmy Carter ( democrat ) let them in 1977-1980
Ronald Reagan ( republican ) let them stay, immigration act 1986
Joe Biden ( democrat ) let them in 2021 2025
Donald Trump ( republican ) will let them stay, immigration act of 2026
Trump just announced the other day to plan an immigration plan.... I have been saying this for almost 3 years now
This is the United Nations Agenda 2030
With austerity
@@user-le4nd9bu5xwith the government austerity! It’s our money. The government has no right to it!
Going where, as he is going to the Big House!
Most Government employees are still working remotely. Bring them back in.
No let them stay home, sell the government buildings
Lay them off
Only so-called conservative would want the government workers to come back to the office. A genuine conservative with demand that they resign or they are terminated.
@@peterponcedeleon3368 Here's the deal: some gov jobs can be terminated or downsized due to attrition but some can't. The one's that can't, need humans to get their fanny perpendicular in the morning and go to work. We the taxpayers are paying for the real estate regardless so, to the extent that we can, get back to work.
@@terrymoorecnc2500 here’s the real deal, most government employees need to be working in the private sector. Because the private sector can’t afford all this government.
Thank you Mr. Laffer. This is the most sensible advice I have heard from anyone.
I am sure trump know exactly how he can fix it if they can have a real house and senit that works small ball time folks ,
None, of any of what you or he wants, is going to happen.
Oh. *House, capitalized, and *Senate, spelled right.
Much less bewildering.
We need to get TRUMP back in office MAGA
Hell yes
😂 little trumpster's screaming America first while wearing made in China maga crap...
Keep making China great 👍
He should never have been out of office
The cucked 2A crowd needs to read the constitution ffs and revolution to get the country back its a constitutional duty absolute 🤡
Thank you, Mr Laffer. Decades of wise advice, unfortunately often falling on deaf ears.
Trumps tax cuts gave me more of a raise in my take home pay than any contract negotiated by my union has over the last 25 years. I'm not making a 6 figure annual salary. The tax cut put enough money in my take home pay to buy groceries for 2 days of meals. It also saved me $150 in tax preparation as the tax cut also simplified my tax return to a short form that I can do myself in 20 minutes without having to itemizing deductions.
We need Don Jr to run after his fathers term
Trumplestiltskin was better for my wallet
Thank God for art laugher
3:46 - CHY-NAH at the best growth numbers, not so much any more...
The U.S. economy can actually get better if only the govt can start making better decisions for the sake of it's citizens, cos' they've really made life more difficult for its residents. Hyperinflation has left the less haves bearing the brunt of the burden. Its already eating into my entire $620k retirement portfolio. Like where else can we invest our money with less risks?
Just get a financial planner straight up! personally, I would invest in etf and also love investing in individual stocks. yes it’s riskier but I'm comfortable in my financial environment.
I agree. Exactly why I now work with one. A lot of folks downplay the role of advisors until being burnt by their emotions, no offense. I remember some years back, during the covid-outbreak, I needed a good boost to stay afloat, hence researched for advisors and thankfully came across one with grit. As of today, my cash reserve has yielded from $350k to nearly $1m
Who is your advsor please? if you don't mind me asking
Vivian Jean Wilhelm is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance
BOOM!!! That's how you strengthen an economy, and it's been proven time and time again.
No, that’s how you inflate bubbles and create massive distortions in the economy. Which then intern leads to having to print even more money, force rates, even lower, further distorting the economy, which will lead to a massive reckoning. The cost of government is what it spends, not what it taxes. Don’t you know this?
I despise joe Biden
despicable Mrs. Biden
Trump 2024
austerity 2024
Dr Laffer! So awesome!!
Awesome!!
Bitcoin is on its way to down, getting closer to hitting new high prices, showing that it's loosing more value and could go even higher than we've seen before. This could mean great things for people looking to invest, suggesting now might be a good time to get involved before it jumps even higher. It's an exciting moment that could change the game in general...managed to grow a nest egg of around 2.1Blitcoin to a decent 11.4Biitcoin. At the heart of this evolution is mrs Beley Haener, whose deep understanding of both cryptocurrency and traditional trading has been instrumental. Her holistic approach to investment and commitment to staying abreast of market trends make her an invaluable ally in navigating this new era in cryptocurrency investment
I feel one Of the greatest challenges that we first timers face in the ma rket is that we end up losing all we have, we find it difficult to find ourselves back to our feet. My biggest advice is to always seek the services of a professional just like I did when I ventured into it for the first time. Big thanks to Mrs Beley Haener. I now make huge profits by weekly through her services while still learning to stand on my own.
I am new here, how do I reach her?
I agree that there are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors with.
Her training program has been insightful, and I must say , l'm most honoured to have been part and a full-time beneficiary of her daily trade signals.
Gram with her username
Don't want any frickin jump start, pay the bills and pay down the debt should be top priority
Our tax brake from Trump will expire in 2025, our taxes will go up next year, as the taxes on big companies are for life. It was just a temporary break for us to accept his tax break on big companies.
I try to listen to him every time he is on the air!
Let's go Donald Trump, crooked Jim Crow Biden has to go
Bottom line - National deficit contribution under Trump - 8.4 trillion dollars
Not true
For covid
Half from Pelosi’s led congress Covid BS …C’mon man even liberals know that
Art is sharp as a tack and definitely knows his stuff 👍👍
Art Laffer and Thomas Sowell. Everyone needs to read what they have written and done!! They’re the two best economic minds in the world.
Read PROJECT 2025 .
That's fake.
Agenda 47 is the one you want ….not the fake news BS
a Gen da 47 not some fake news B S
@KallonKulttiIt's made up Democrat propaganda.
Read AGENDA 2030
I have always said lower taxes works. and I really like this guy.
Most politicians cannot grasp basic economics.
Love Mr. Art
The economy is the best it’s been in awhile 🎉🎉
Walking Back into His Office will be a Jolt to the system Alone!🇺🇲💯‼️🥊🎟️
Art is a national treasure.
You are super smart man and honestly only Mr. Trump’s can desperately save America and the world wide will finally come in peace together in a spectacular way.
❤❤❤
It is so wonderful to hear someone else who understands what the country needs to become healthy again. I love our country. Just happened to look on the reverse side of a 2000 New Hampshire 1788 quarter it reads "Live Free Or Die"
“Economy” was “jump started” years ago
Fascinating excellent video