Free Republic

Economist Arthur Laffer weighed in on the trade talks between the United States and China, touting what a deal between the two could do for the market. Laffer agreed with President Donald Trump’s assertion that such a deal could boost the Dow Jones Industrial Average 10,000 points. “I think he’s right about 10,000 on the Dow,” Laffer told Fox Business Network “Mornings” host Maria Bartiromo on Thursday. “I mean, that’s a pull out of a hat, but frankly, it’s a huge thing for that because it starts having a dynamic consequence with the rest of the world — Japan, South...

Most people plod through life, having an impact on their family and friends, but not much on the rest of humanity. Rulers and despots can impact most everyone’s life, as can those who are responsible for great scientific or engineering breakthroughs. Some musicians and athletes bring pleasure to millions. In other fields, such as economics, it is hard to identify individuals who created much in the way of pleasure or pain, or even directly useful knowledge for his or her fellow man. President Trump awarded the Medal of Freedom, the nation’s highest civilian honor, to economist Arthur B. Laffer, the...

Dr. Milton Friedman, Nobel Laureate, promoting "Free to Choose" on the show Donahue.Worth watching....Donahue...actually conducted a decent interview.

Warts and all, if I were a voting member of Congress, I would certainly cast a yea for the tax-cut plans passed by the Senate and House that are headed for conference (to work out minor differences) in the weeks ahead. These bills are not perfect, especially on the individual side. But the business tax cuts will generate an investment boom in the years ahead. And those cuts will bring economic growth back to its historical norm of three to four percent. Incredibly, the Joint Committee on Taxation, or JTC, scored growth for the Senate plan at less than one...

On the Sunday broadcast of "The Cats Roundtable" on New York City's AM 970, host John Catsimatidis spoke about the upcoming 2016 presidential election with economist Arthur Laffer, a former member of President Ronald Reagan's economic policy advisory board. Laffer not only predicted a victory for the GOP, but he would be "surprised" if they did not take as many as 47 of the 50 states. "I would be surprised if the Republicans don't take 45, 46, 47 states out of the 50," he said. "I mean, I think we're going to landslide this election." "I think Donald Trump is...

Supply-side economist Arthur Laffer is predicting Republicans will win the White House in a landslide this year, regardless of the nominee. “I would be surprised if the Republicans don’t take 45, 46, 47 states out of the 50,” Laffer told host John Catsimatidis on “The Cats Roundtable” on New York’s AM-970 on Sunday. “I mean, I think we’re going to landslide this election.” Laffer, who served in various positions in the Nixon, Ford and Reagan administrations, said he is bullish on the entire Republican primary field. “When I look at these candidates, I don’t see one of them who wouldn’t...

Art Laffer, famed member of President Reagan’s Economic Policy Advisory Board, has co-authored, with Stephen Moore, an article for Investor’s Business Daily in which they assert that Rand Paul and Ted Cruz have the “best” tax proposals.

Kleinbard’s second argument against dynamic scoring is based on his assumption that bigger government is good for the economy since the government spends money wisely.I’m not joking. Federal deficits are on an unsustainable path (as it happens, because of undertaxation, not excessive spending). Simply cutting taxes against the headwind of structural deficits leads to lower growth, as government borrowing soaks up an ever-increasing share of savings. …these models are political statements. They show the biggest economic effects by assuming that tax cuts are financed by unspecified future spending cuts. The smaller size of government, not the tax cuts by themselves,...

Arthur Laffer is a legend in Washington, having been the leading voice on President Ronald Reagan's hawkish Economic Policy Advisory Board.  His "Laffer Curve," which argued that there are diminishing returns after a certain point of taxation, was taken as gospel.If his views are not quite as frequent a presence in public debate, it's largely because Laffer's pet issues, regulation and taxes, took a back seat during the George W. Bush and Barack Obama administrations.  But Laffer himself still occasionally makes appearances on the public scene.And in June of 2009, he penned an op-ed warning excessive quantitative easing would inevitably lead...

Wednesday was the 101st anniversary of Milton Friedman’s birth, and it will be widely celebrated among the vast number of Americans who march in Tea Parties and wear tricorner hats in public. He will be hailed by the vast number of “libertarian populists” now burgeoning within the Republican ranks. But the new “libertarian populism” is increasingly at odds with the possibility of a shared future. Libertarian populists love markets. One of their favorite proposals is privatization: If there is a problem, they look to markets to solve it. Milton Friedman wrote, “The most important single central fact about a free...

Watch Peter Schiff in 2006/2007 state that the stock market and housing Market were about to crash. Watch the so-called experts laugh at Peter Schiff while claiming that the housing and stock markets were going to rocket upwards. Among the "experts who laughed at Schiff were Art Laffer and Ben Stein. Laffer, Stein and the others were wrong. Very wrong. Peter Schiff was right. By the way, Schiff has predicted an economy and stock market crash in 2013.

Six years ago, I decided to leave Rancho Santa Fe, California, for Nashville, Tennessee. That’s a major undertaking for anyone, but particularly for a 25-year resident of Southern California, dragging his whole family and company along with him. I still remember decision day: January 5, 2006. I’d been disappointed in November by the defeat of Governor Arnold Schwarzenegger’s ballot initiatives, which aimed at reining in state spending, but I was utterly aghast as I read the transcript of the governor’s State of the State speech just days into the new year. Clearly, he had resolved to move in a big-government...

California need not drown in debt and economic failure. So says Arthur Laffer, the happy advocate of a flat tax for California to solve the Golden State’s ills. We are inclined to favor a flat tax, as we’ve intimated and bellowed from time to time. And Laffer’s new book, Eureka! How to Fix California, is a blueprint for replacing the existing state and local taxes with a single, 5.8-percent flat income tax on personal unadjusted gross income. . .

Gingrich 35%    Romney 28    Santorum 16    Paul 10  Well, that happened quite a bit quicker than I expected- Newt out 7 points on Mittens nationally.  If you missed it, Gallup already had the Former House Speaker hypothetically in a statistical dead-heat with Obama, too... maybe he's 'electable' after all, eh. And another thing you hear from the other side is stuff about Newt’s considerable ego and ‘megalomaniac’, etc. Well, consider this: the ball is REALLY teed up for any who’d like to be a conservative hero of all time… think about it. The opportunity is right there,...

Dyersville, IA - Renowned economist, father of The Laffer Curve and supply-side economics, and architect of the Ronald Reagan economic plan, Arthur Laffer, announced his endorsement Tuesday of Newt Gingrich for President of the United States. "Newt has the best plan for jobs and economic growth of any candidate in the field," said Laffer. "Like Ronald Reagan's tax cuts and pro-growth policies, Newt's low individual and corporate tax rates, deregulation and strong dollar monetary policies will create a boom of new investment and economic growth leading to the creation of tens of millions of new jobs over the next decade....

Arthur Laffer, the architect of Ronald Reagan’s economic plan, announced today that he is endorsing Newt Gingrich for president. "Newt has the best plan for jobs and economic growth of any candidate in the field,” said Laffer, the renowned economist who is the father of The Laffer Curve and supply-side economics. “Like Ronald Reagan’s tax cuts and pro-growth policies, Newt’s low individual and corporate tax rates, deregulation. and strong dollar monetary policies will create a boom of new investment and economic growth leading to the creation of tens of millions of new jobs over the next decade,” Laffer declared. “Plus,...

It used to be that the sole purpose of the tax code was to raise the necessary funds to run government. But in today's world the tax mandate has many more facets. These include income redistribution, encouraging favored industries, and discouraging unfavorable behavior. To make matters worse there are millions and millions of taxpayers who are highly motivated to reduce their tax liabilities. And, as those taxpayers finagle and connive to find ways around the tax code, government responds by propagating new rules, new interpretations of the code, and new taxes in a never-ending chase. In the process, we create...

Economist Stephen Moore, one of the architects of presidential contender Herman Cain’s 9-9-9 tax plan, said Cain needs to rework a critical component of the plan. Cain’s plan would replace the current tax structure with a 9 percent corporate tax rate, a 9 percent personal income tax rate and a 9 percent federal sales tax. But speaking on Larry Kudlow’s radio show on Saturday, Moore said the sales tax should be replaced with a 9 percent payroll tax. “I’ve come to the conclusion that the American people and the voters do not want a national sales tax,” he said. “[Cain’s]...

Art Laffer (the originator of the Laffer Curve, and inspiration of Reagonomics) breaks down Herman Cain's plan

The only way President Barack Obama can solve the nation’s economic woes is to adopt “common-sense” Reaganomics, the policy’s architect Arthur Laffer claims in an exclusive Newsmax.TV interview. Laffer said the White House called him in the spring and asked him to speak to Obama’s former Council of Economic Advisors’ chairman Austen Goolsbee – and he had told him exactly the same thing. “Reaganomics would fix any economy that’s in the doldrums,” Laffer said. “It’s not a magic sauce, it’s common sense. “You’ve got to get rid of all federal taxes in the extreme and replace them with a low-rate...