Art Laffer: We are clearly in double-digit inflation



Former Reagan economic adviser sizes up the state of record inflation on ‘Kudlow.’ #FoxBusiness #Kudlow

Subscribe to Fox Business! https://bit.ly/2D9Cdse
Watch more Fox Business Video: https://video.foxbusiness.com
Watch Fox Business Network Live: http://www.foxnewsgo.com/

FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is one of the leading business networks on television, having topped CNBC in Business Day viewers for the second consecutive year in 2018. The network is available in nearly 80 million homes in all markets across the United States. Owned by FOX Corporation, FBN is a unit of FOX News Media and has bureaus in Chicago, Los Angeles, and Washington, D.C.

Follow Fox Business on Facebook: https://www.facebook.com/FoxBusiness
Follow Fox Business on Twitter: https://twitter.com/foxbusiness
Follow Fox Business on Instagram: https://www.instagram.com/foxbusiness

source

23 comments

  1. Art have you paid your penny bet to Peter Schiff?

  2. The problem is that the bottom income earners are making to much $$$ for what they offer. If we had non restricted H1-B Visa's for workers, we would have an endless pool of extremely cheap labor to compete with average American workers. This would drive to business costs, increase CEO, management pay , share prices which would create more jobs reduce inflation.

  3. WOW. THATS NEWS ☺☺☺☺☺

  4. The party in office Wants the end of the US. That is why the open boarders, profligate spending, run away inflation, police de-funding, CRT in schools, purchasing oil we have here from foreign countries(that also destroys jobs here) and wars that have no end.

  5. Let Art Laffer talk! Stop interrupting him and adding your opinions!

  6. What a joke
    I live in the real world there's no new jobs growth, there is only existing jobs that were left during the pandemic, because people were lazy.

  7. Learn from your mistake, vote Republican this November

  8. crime rate in the USA is going to skyrocket

  9. The great Art Laffer accurately describes how bad things are under Democrat leadership, but also how good things could be under true, Conservative, Republican leadership! 👍

  10. You ppl are insane compare now and the 90s we have fking 30+ trillion debt!!! hello?

  11. WTF. Go buy something. Of course we're in double digit inflation. Geez!

  12. Cut the Defense Department down to under $100 billion per year, not over $800 billion per year, like Biden proposes.

  13. Let's be honest! Those of us that are AWAKE (not woke) are not going to allow these TYRANTS to keep this up. We know who, we know why and the last time this happened to America it only took 3% of us to take out the trash. THE AWAKENING IS UPON US!!

  14. Under a DEBT BASED economy it's expected !!!

  15. Dems own 11% inflation.

  16. Why don’t you blow him while you’re at it?

  17. WOW — Cathie Wood's mentor! Nice to hear from him.

  18. If you thought affordable housing was a problem, strap on your seatbelt because we are about to skyrocket as undocumented seek housing. Republicans NEED to communicate this or get blamed after they regain control of Congress next year.

  19. I though this was Jimmy Dore for a second 😂😂😂

  20. The idea I wish to convey is, that the result of the highest intellection in the scientifically occupied brain is the evolution of a sublimated form of spiritual energy, which, in the cosmic action, is productive of illimitable results, while the automatically acting brain holds or stores up in itself only a certain quantum of brute force that is unfruitful of benefit for the individual or humanity.

  21. MAY THE CLOWNS THEY THINK
    WE ARE CACOON INTO TOE TAGGING .VIGILANTES

  22. WE. ARE IN A DOUBLE BASTARDIZING
    CROSS FIRE.

  23. Remember that companies have to add on their profit margins to the cost of goods. So, 11.2% PPI will translate to 17 or 18% CPI Joeflation down the road. We are screwed!