
The Doubters Are Wrong: Boom Times Ahead For The USA | Dr Art Laffer
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Is the US economy now solidly on the path to a new Golden Age as the Administration tells us?
Or have President Trump's aggressive tariffs & international military interventions set America's prospects back as a number of critics claim?
I can think of few better people to hear from on this topic than today's guest, who remains one of the key economic advisors to President Trump and his cabinet members
Today, we're fortunate to welcome back to the program economist Dr Arthur Laffer. He was the first to hold the title of Chief Economist at the Office of Management and Budget in the early 1970s. He then later served as a member of President Reagan's Economic Policy Advisory Board. He's perhaps best known for developing the Laffer curve, a model for determining the optimal balance between tax revenues and economic growth.
Follow Dr Laffer at https://laffercenter.org/
And watch Dr Laffer's debate vs Dr. Emmanuel Saez here: https://www.youtube.com/live/tLQFHYqkVtY
#economicgrowth #tariffs #taxes
00:00:25 – Optimism Entering Trump’s Second Term
00:02:33 – Tariffs & Trade Policy: The Good, Bad, and Ugly
00:03:59 – Using Tariffs as Negotiation Leverage
00:05:27 – The “Big Beautiful Bill” – Tax Cuts & Spending Changes
00:06:35 – What Laffer Loves & Doesn’t Love in the New Tax Bill
00:07:19 – Criticism of Jerome Powell & Fed Policy
00:07:40 – Kevin Warsh as New Fed Chair – A Game Changer
00:08:37 – Deregulation & U.S. Energy Independence
00:09:59 – Outlook on Ukraine, China/Taiwan, and Iran
00:11:04 – Why Iran Is the Biggest Threat & Preemptive Action
00:12:13 – Laffer’s Five Pillars of Prosperity
00:13:53 – Lessons from the Reagan Era Tax Cuts
00:18:23 – Current Inflation Challenges & Oil Price Shock
00:23:15 – Explaining the “Price Rule” for Monetary Policy
00:28:12 – Economic Impact of Ending the Iran Conflict
00:30:04 – Expected Big Drop in Oil & Gas Prices Post-War
00:33:08 – Has the Administration Seized the “Golden Age” Potential?
00:34:20 – Flooding the Zone & Pre-Midterm Strategy
00:38:10 – Midterms Outlook & Governing with a Split Congress
00:41:04 – Wealth Tax Debate & State-Level Policy Battles
00:45:44 – Flat Tax Vision & Taxing Unrealized Capital Gains
00:55:37 – State Migration Study with Stephen Moore
00:59:50 – Why No-Income-Tax States Are Winning Big
01:06:35 – Laffer’s Infectious Optimism & Final Message
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