Former economic adviser to President Reagan Art Laffer discusses August inflation reports and the economic situation under the Biden administration.
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The golden oldie plays over and over…markets drop after the years of a bull market. And any period of recovery takes seemingly forever…but it's a long, long time from May to December …and the days grow short ( for investors ) when they reach September. AND who's hurt EVERY time ? Lower /middle classes…there won't be any distinction soon.
This is what happens when congress represents the large corporations instead of protecting citizens from taxation without representation …
Time to move to Thailand….massages are still $6 dollars…and the only inflation…..is….well..you know…
Republicans have railed against the FBI raid on Trump's home in Florida. M.T. Greene posted "DEFUND THE FBI". They also promise retribution on the opposition. Violent rhetoric is already being posted on social media from Trump's mobsters. You can now see the truth about how the Republican Party really feel about law enforcement in the United States. Trump claims he's the victim like he always has. He believes that he's above all laws including God's. Trumpocracy is spreading like wildfire. If you want to stop this violent talk and action, vote for Democracy. Since Trump wants a civil war you better have those weapons ready to defend yourself from these homegrown terrorist. Law enforcement will be scanning social media and You Tube to place these traitors on the radar against American laws.
The economy will not be destroyed, the false economy, due to quantitative easing, will return to normal. Most countries of the world have created a false economy by expanding their debt. The US's 100 million million plus or minus debt is why or economy appears to be strong. We have high National, State, County, City, Corporate and private debt, all higher than historic levels.
We do not have full employment. There are lots of fake job sites. Their are jobs all through the hospitality fast food that would be filled by the ones receiving the free money packages all over the internet esp you tube. It's not free money it's taxpayers money. There is no free money. Printing money has a cost inflation. Employers getting applicants. We're employers getting stimulus to hire now not. OBiden knows how to wreck our economy. OBiden did it in 2008 and now continuation.
O%Let Obiden Repeat O% Inflation ⁉️ Impeach The Traitors Period 🤬 The Great Reset is Real People 💯 Obiden Has Sold Out America 🎯
When Dr.Laffer speaks people listen….except liberal democrats 🙄
Not all people have left the job market in droves because of gov't spending. Some people have left because crime pays so much better than working at a fast food job. And many other jobs.
Why is socialism bad when it helps people but good when it helps corporations ?
Your employees get paid so little that they qualify for food stamps ? Your business is being subsidized .
Your industry gets tax breaks ? Your business is being subsidized.
Did your company get bailed out by the government after one of those economic crashes that come every 6-8 years ? Your business too is being subsidized .
If a billionaire needs help these politicians help.
If regular folks need help these billionaires start screaming socialism.
Every GOP administration since Reagan has overseen a recession while every Democratic administration since then has overseen a strong recovery and economic boom." Since 1933, the US economy has grown at an annual average rate of 4.6% under Democratic presidents and 2.4% under Republicans. GOP tax cuts for the wealthy have never boosted the US economy. 10 of 11 US recessions between 1953 and the present began under Republican presidents.
It's ok, they'll just blame Trump for everything as usual.
parroting one of the biggest fallacies about monetary policy– increase in the Fed balance sheet does NOT increase inflation. Laffer simply doesn't understand how money and liquidity work.
Man I need some water for all that burn! Sorry gutfeld.😅. Hail! The king of late night!😁👍💯
Watch. the moment Greg finds out is when he shows up in inappropriate boy wonder costume lmao 🤣😂🤣
The Klemlin did normal currency exchange , The governtment under control % in invesment process . Russia rid buy by dollars anymore , US and EU buy Ruble this is fun . The inflation in US depends thier own war on energy crisis ,lower invest feom oversea ,while all smallest countries gonna hike this crisis gather US policy . We soon stop to care dollars
Lol doesn't matter if you weren't a accountant. Like the mainstream media just go with the story. 😂
And that's the story of how Larry kudlow fought Batman and became a super hero the end . Lmao 💯😁 I'd watch it
Yadda,yadda yadda. More worthless talk that doesn't effect these people putting food on their table
Even with the economic Inflation😩 I'm very excited to have earned $10,250 on my $4,000 investment every 13 days 😊
PRICE CONTROLS are inevitable.
The entire explanatory narrative on how and why QE spending works is called Equity Spending (YouTube) or ES, not to be confused with the more politically correct, Left leaning, in my opinion, inferior MMT explanatory narrative on QE spending. P.O.O.F.O.O.S.I.E.
Republicans should be told democrat owned businesses get lower prices for not being super racist people's.. like Walmart they sell for less because they have trade allies not trade enemy's who they threaten to demand prices that don't care if you attack them for a few dollars you pay more no matter what..
The economy is going to ish because republicans don't realize usa is a major importer of their economy not a exporter basically at all…you buy everything from everywhere then say you want war with your trade partners and your allies of war.. or you want to stop.the illegal immigrants who supply you everything you could buy in usa.. mexico is usa biggest trade partner.. are canadians illegal immigrants in usa? Or just who you depend on for an economy at all? Republicans are incompetent at understanding economy.. you actually can't be that stupid.. republicans in power today everything 10 times the old price.. 1000% inflation.. there won't be this talk if they were to get power ever again.. and Americans will riot over prices due to the racist party in power.. these illegal american race immigrants who literally are your economy really cost republicans everything..
No solution coming out of this idiot.
I know two people in our household who left the labor force NOT because of the Stimulus payments (really that fractional amount of money given in stimulus wouldn't last a normal family very long) but because of a FORCED jab that we were told we had to take or else we couldn't work there anymore. Because we were fortunate and had a good amount of saviings, we chose to leave. Glad we did. . Government sure has a way of F'in things up and then compounding their problems trying to fix the original mistake.
The ELITE POLITICIANS are elected by the multimillionaires & billionaires.
Laffer was a joke during Reagan. I'm still laughing.
😗🤣🤣
The FED are only about a year late. What are they waiting for?
And the US is doing much better than Europe thanks to Biden.
Blondy.
So who are you well fd dow we have linxh.air a dumb man
Well just watch for the news about the Coming of the Lord God’s Judgment and the people that are doing the evil thing will be ancering to God’s Judge and then you will never doubt anything about the truth of the Bible and the end of the world and what the truth is and then you will never be alone anymore because it’s just god’s grace for you to be safe
Biden is a lie everything up with bidens name on it
Can someone tell me why all the talk is about the FED and how many basis points they will raise the government interest rate? Oh, but be sure you also tell me why whatever the FED does can counter what the Biden marxocrats spend in a trillion here, a trillion there, a few billions somewhere and oh, another trillion for now to eternity?
Biden lied to stuff the money
Thanks so much for everything Maskoffweb now I’m out of debt worth $9000 you are one sweet soul
Thanks so much for everything Maskoffweb now I’m out of debt worth $9000 you are one sweet soul
Let's hope and pray that the empty-headed cult of the false orange idol become so depressed over the failures of their false god that they blow their own heads off before hurting anyone else.
Or America could follow Bolivia with 1-2% inflation 🤔
Ron Paul for president of the outhouse factory.
English please
Laffer should not be allowed to have puppies.
Maybe if interest rates weren't zero and giving checks to people everyone is spoiled. Interest rates the cheapest in my lifetime I'm 56 years old. Also if rates weren't so low housing and rents wouldn't have skyrocketed. We are reaping the results of all this juicing of the economy.
The way you rip the Band-Aid off is by forcing the Federal Reserve to liquidate all the bonds and treasuries that they have purchased over the years the reason they were able to purchase them is because nobody’s buying them by purchasing them they keep stock prices in bond prices high that is a false communist economy
Thank you no touching or hurting puppies
Art Laffer can you explain how Gary Gensler isn't in jail for the corruption in the STOCK MARKET with his buddy Ken Griffin or do you get cash to keep quiet ?
If you want the economy to thrive, do the things JFK, Reagan, and Trump did.
Derp.
If you want it to fail, do the things Ford, Carter, Obama, and Biden did.
Inflation Stagflation Recession.