Art Laffer: This would destroy the economy

Economic experts Art Laffer and Kevin Hassett compare and contrast former President Trump and President Biden's economic agendas on 'Kudlow.'
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[@bonner-qv3mi]

Inflation hits people a lot harder than a crashing stock or housing market as it directly affects people's cost of living that people immediately feel the impact of. It's not surprising negative market sentiment is so high now. We really need help to survive in this Economy.

[@WalterDorcas]

I think I could really use more guidance to navigate the market, it is completely overwhelming, I've liquidated most of my assets and I could really use some advice on what best to invest into.

[@soniajames-tn4mp]

Your best option if you are unfamiliar with the markets is to seek advice or help from a consultant or investing coach. I know it sounds simple or generic, but talking to a consultant helped me stay afloat in the market and increase my portfolio to roughly 65% since January. For me, it's the best method to enter the market right now.

[@bonner-qv3mi]

Please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch with them?

[@soniajames-tn4mp]

My consultant is Angela Lynn Schilling I found her on a CNBC interview where she was featured and reached out to her afterwards. She has since provide entry and exit points on the securities I focus on. You can look her up online if you care supervision. I basically follow her trade pattern and haven't regretted doing so.>

[@soniajames-tn4mp]

My CFA ’’ Angela Lynn Schilling , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..!

[@PaulKatrina.]

I recognize the hardships that come with economic struggles like unemployment, job loss, inflation, housing market instability, political uncertainties, and the global impact of conflicts and wars. Making ends meet during such times can be incredibly challenging. To navigate this difficult period, considering alternative job prospects, enhancing skills through online courses, and expanding your network can heighten the chances of securing employment. Moreover, prudent budgeting, exploring available financial aid programs, and seeking assistance from community organizations can offer some relief. How are you currently tackling these challenges? Have you implemented any specific strategies to cope?

[@Hectorkante]

In my opinion, now is not the moment to rely on hearsay. Every individual, regardless of their level of experience as an investor OR in a financial market, requires guidance at some stage.

[@nicolasbenson009]

It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.

[@SandraDave.]

this is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation

[@nicolasbenson009]

There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’ Melissa Terri Swayne” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.

[@EddyAgnes-vy4kp]

Thanks for sharing, I just liquidated some of my funds to invest in the stock market, I will need every help I can get.

[@HodgeChris]

The current market/economy is unnecessarily tougher for boomers/senior citizens, I’m used to just buying and holding assets which doesn’t seem applicable to the current rollercoaster market plus inflation is catching up with my portfolio. I’m really worried about survival after retirement.

[@PatrickFitzgerald-cx6io]

Just buy and invest in Gold or other reliable stock , the government has failed us and we cant keep living like this.

[@brucemichelle5689.]

Yes, gold is a great investment and a good bet against the devaluating dollar, been holding some for awhile now, I’m grateful my adviser’s moment by moment changes in the market are lightening quick, cos who know how much losses I would’ve had by now.

[@Pamela.jess.245]

I envy you, I’m still trying to recover from losses I incurred in 2021/2022, who is this investment adviser you work with, I’m intrigued and I could use some quality guidance

[@brucemichelle5689.]

There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Colleen Rose Mccaffery” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.

[@Pamela.jess.245]

Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.

[@ronaldwheeler6060]

We as Americans must rise up against this corrupt government. Save America!

[@THEROOTMATTERS]

What exactly does 'rise up' mean?

[@jatteam8615]

@@THEROOTMATTERSI would guess something like William Wallace did in Braveheart.

[@Tom-ym7bm]

@@THEROOTMATTERSto me? It’s raise a standard of truth

[@One-More-Silver-Dollar]

@@THEROOTMATTERSWe understand that rising up for you means seeing a man in a dress. You like that sort of stuff.

[@THEROOTMATTERS]

@@One-More-Silver-Dollar ARE YOU IN A RIGHT MIND. HOW DID YOU END UP THERE?

[@EllieMaes-Grandad]

Trump will win, but Congress must turn red too. Make it happen, or regret it profoundly and pay for ever. What happens if he doesn't win the election; good night and goodbye America ? Don’t risk it happening.

[@kencleg7721]

The last battle

[@johndunn8331]

Right on, if the left wins this country will decend into a vile, bankrupt, 3rd world country!!

[@littleboyd7500]

​@@kencleg7721they have no idea really what must be done 😮

[@BillyBob-gf7ki]

hilarious deep thoughts from common trash that would vote for a simpleton fraud married to a Hard Miled Porn Model

[@CristinaMoya-yt4tb]

Immigrants will vote blue

[@thereseajones2621]

TRUMP 2024

[@mikeburrill779]

Rand Paul for budget oversight

[@wesjimez2941]

No you need Thomas Massie

[@starship519]

Need to cut all foreign aid

[@littleboyd7500]

And demand or else loans to be immediately repayed 😮

[@marcoduenas205]

Trump is coming in hot for the next time . He's going to be fkn pissed off

[@lorigarza9971]

Good. We need him that way.

[@EllieMaes-Grandad]

Donald Trump entered White House as an ‘outsider’ and faced ‘no shortage of impediments’. Next time will be very different . . .

[@randyhetlage9202]

"You can not borrow your way into prosperity" - Abe Lincoln.

[@tristenklein225]

You cannot tax your way to prosperity either!

[@MrMetz2112]

Don’t take it for granted that Trump is going to win in 2024! Everybody needs to get out there and vote and make it happen!

[@jeffreycoles7487]

Art Laffer A Natural Treasure

[@cg5648]

Is her? He thought we had a strong economy before 2008 crash and said Peter Schiff was wrong.

[@johnwozniak9408]

1.8 million full-time jobs lost since June 23, replaced by part-time jobs.

[@THEROOTMATTERS]

DOES THIS MEAN PEOPLE ONLY PAY MORTGAGE OR RENT PART TIME?

[@THEROOTMATTERS]

@Phvkyu HAVE ANYONE IN MIND, BESIDES YOURSELF? IT TAKES ONE TO KNOW ONE

[@THEROOTMATTERS]

@Phvkyu FULL OF VENOM ARE YOU? YOU SEE IT AS MOXY

[@thedilladude]

​@Phvkyu FJB! 🐑

[@trailguy]

@Phvkyu trump grew the economy before covid hit. What are you trying to say?

[@HobbitHomes263]

Under Biden my rent has gone from $400 per month to $850. My only income is a VA disaility pension of $1379. I'm down to one meal per day. so FJB

[@jamesbrent2504]

Trump's time in court seems to have sharpened his focus on the issues, helped him manage his time well and win over new voters. His enemies are so dumb they don't know they're helping.

[@user-in7kr1ys2m]

I agree Trump is somehow drawing energy from the persecution This dude is tough

[@debbiecaldwell489]

​@@user-in7kr1ys2m When God created Donald Trump, he created a " Well Oiled Machine". I have NEVER seen anything like him and I am OLDER!

[@jglee6721]

Thank you Kudlow for calling them ill eagles.

[@wiseup2517]

Joe Biden: I thought I already destroyed the economy

[@allanwoodhouse5102]

Maganomics !! LOVE IT

[@calledout4437]

Larry was a huge part of the Trump administrations financial success. Bring back Trump and please bring back Larry!!!

[@danielmoore-xh7kb]

Trump is a business man and knows how important his employees are to the business.❤

[@mikesawyer4707]

Where do we go from here? As a country we are in the depths of despair. We have weak leadership, we have a joe biden administration that is in denial when it comes to inflation and our cost of living. It is becoming more of a challege to pay our month to month bills. 😢 TRUMP 2024. ULTRA MAGA. MAKE AMERICA SAFE AGAIN. ❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤

[@user-dr4iw7ie5g]

Obama ministration! He's The shadow president.

[@longsleevethong1457]

Art laffler is a genius.

[@patrick8128]

Had lunch with him once. He is a real gentleman no less than patriot.

[@longsleevethong1457]

@@patrick8128 absolutely. I always notice how he compliments everyone and gives the utmost respect to all people.

[@wesjimez2941]

Except when he debated Peter Schiff in 2007 and said there will not be a bad recession

[@longsleevethong1457]

@@wesjimez2941 wow. Are you serious? Are you being rhetorical? I’ll let you go into the context of that discussion

[@wesjimez2941]

@@longsleevethong1457 umm go watch the interview. Trump is not a conservative and he supports him. Trump spent almost as much as Obama did in 4 years.

[@sayhi247]

Don't ever call MTG Karen. The only Republican with spine still intact.

[@jglee6721]

I am huge fan but MTG needs to lay off with the house speaker impeachment.

[@littleboyd7500]

It is necessary to show the rhino , we are done 😮

[@user-jh8mo1gx6l]

Johnson must stay in the Speaker’s position for now. Win the elections then deal with problems from a stronger position. Stay united GOP!

[@thedilladude]

🇺🇲 Trump 2024! 🇺🇲 FJB!

[@darlenegoodall7797]

Trump learned a lot his first 4years. He's going to better now.

[@ttcc5273]

he is going to faster now too

[@peterponcedeleon3368]

That man only learned how to more quickly consolidate power. He's now attempting to go after the FED. He wants lower rates (which are inflationary) and he wants a weaker dollar, which will lead to higher prices. And he wants to tripple down on a trade war, causing shortages and higher prices. Good luck Trumpsters!

[@EllieMaes-Grandad]

Donald Trump entered White House an ‘outsider’ and faced ‘no shortage of impediments’. Next time will be very different . . .

[@jglee6721]

@@EllieMaes-Grandad He should take Vivek's idea of 75% cut of DC and put the savings into Social Security.

[@kencleg7721]

He knows not to trust so deeply

[@josephkelly9036]

The first mistake would be believing ANYTHING Joe Bribem says.

[@tnewcomb74011]

Kudlow takes longer to ask a question than anyone else on TV

[@henryaragon5676]

Trump . If your still not on Trump side of the issues for America. You’re not listening or comprehending the true facts. Go Trump.

[@jimmygonzalez2916]

The money will never add up...layoffs everywhere

[@johnulibarri6760]

Go Art. 🎉

[@rl9808]

Art Laffer needs a show on Fox.

[@keithschneider6348]

Larry be like noooooooo

[@xrpmoonboy]

He’d have Larry on cmon they go way back 😊

[@stephengoodwin6403]

mgoo's proposed 44% cap gains and 25% home equity unrealized gains tax will put most people in shelters in a few years

[@kencleg7721]

That’s the plan u will own nothing. They want complying renters

[@stephengoodwin6403]

@@kencleg7721 ,do not comply

[@Jimb151]

Amen!!!

[@kinhaahhh]

May Allah bless you all, Welcome everyone please can you explain more to me honestly I really want to know more about this platform hope is helpful.

[@babyyiki]

).. Yes of course it's really good because I have been testifying💯 the goodness of this Mrs Nina Grant

[@SpL3Ak]

Are you sure that this Mrs Nina Grant is the right person to invest💰 with because I don't want to lose my money✅✅ again tell me how did you trust her

[@andreacortez-jn1nl]

Honestly I have been invested with Mrs Nina Grant and I also making a lot of profits💰💯✅ within 24hurs.

[@roxanneslp]

Well I will try to get started with Mrs Nina Grant since everyone trusted her I will give a try .

[@Nurii07]

Honestly this woman is a trust worthy person because I have been invested with her and I make my profits💯✅ successful I'm so happy to work with Mrs Nina Grant I trust him so much.

[@trailguy]

If not for the welfare state, we wouldn’t have millions of people lining up to come in. That’s the problem.

[@greensombrero3641]

Bravo DJT

[@mikelogan3816]

Wow excessive government spending leads to inflation economics 101

[@snapfinger1]

Style & Substance in equal measure. Total grace under fire. Trump ‘24.

[@ttcc5273]

The left says he’s sleepy and farty… but we don’t think he stinks! ❤

[@Americaone1]

Put Dr.Laffer in charge of the economy 👍👍👍👍👍👍👍🇺🇲

[@nosuchthing8]

He's been discredited multiple times!!!!

[@user-ei1ct4gn7s]

@@nosuchthing8 So ,, would you prefer Krugman ? .. lol

[@dknowles60]

@@nosuchthing8 nice lie

[@samright4661]

@@nosuchthing8By whom?

[@nosuchthing8]

@@dknowles60 Laffer's findings influenced President Ronald Reagan’s economic policy known as Reaganomics, based on supply-side and trickle-down economics. It resulted in one of the biggest tax cuts in history. Yet annual federal government current tax receipts still grew during Reagan's time in office. Total federal tax revenue was $517 billion in 1980. Total federal tax revenue had nearly doubled to $909 billion by 1988.

[@darwinpenning1319]

President Trump is a REAL leader that can solve REAL problems. No more lifetime politicians as President! November 5 - - VOTE BABY VOTE!

[@ttcc5273]

FKN 💔🐶

[@EllieMaes-Grandad]

Vote as if your very life depends on it, because it does! Congress must turn red; make it happen, or pay terribly and regret it for ever.

[@elizabethwirtz2157]

And how will the economy go with world wars threatening?

[@theresameuse8583]

Is the US Fed broke? According to a senior researcher on a recent Mornings With Maria it owes a lot of money to Yellen. Should investors know?

[@paulsaragosa371]

This is a very good books 📚

[@franklinj1038]

Terhan Joey on a roll ⤵️🕳️

[@user-bt8ku7fe7x]

This industry doesn’t care about its own country

[@GMCTIM]

FJB

[@paulsaragosa371]

Captain obviously song by the soul children crumbs on the table

[@asabovesobelow5683]

Thats their plan.

[@obidenwhatajokeverysad5809]

F.j.b

[@harvyholmes9972]

Same crew on TV as last time ? ❤❤

[@paulsaragosa371]

Penny s from heaven

[@tanshihus1]

It's simple, add Federal Destination charges to every item imported across the border. Take the distance from the port of entry to the city where the business headquarters is located. Multiply by your coefficient of choice and there's your tariff. Friendly countries obviously get a discount. Pay it upfront and the finished product will be allowed into the country.

[@enzosacchetti2941]

Drill baby drill

[@paulsaragosa371]

Lucy's is the sky with diamonds 💎

[@paulsaragosa371]

The other women's song lyrics

[@steveg6978]

Yes .....The laughter curve....he has been proven wrong for 30 years

[@opitz30]

I'm not so sure things were as perfect in the 80's under Reagan as many think. At least from a small farmers standpoint. Many many small farmers were bankrupt is what I've been told. Whatever the upcoming policies are, keep the farmers in mind this time maybe. They feed the world and we don't need monopolies and the greedy corrupt destroying rural America also.

[@glennhopkins2643]

The US economy is not doing well.

[@longsleevethong1457]

Bidenomics

[@jj3682]

The Obama budgets actually went into detail about how illegal immigration is awful for Americans- specifically for Social Security.

[@DrDangerPuppy]

We need to raise taxes & and spend more if we want the economy to crash.

[@johnmounsey5342]

It already is gone what reality we living in we are broke nothing can stop it nothing.😊

[@paulsaragosa371]

Hush-hush aby oh my darling don't you cry song lyrics

[@paulsaragosa371]

Songs by

[@chrise213]

Trickel down doesnt work and it hasnt worked since Regan!!!!!

[@olivierlafontaine9180]

As long a worker makes money for the company, he stays. Tax increases don't change that, they just reduce how much the owners make.

[@urbanart7325]

If if if

[@onceANexile]

LAUGHING!!! HARD. what I was waiting for was, "...and, a CHICKEN IN EVERY POT,..." THE AMERICAN PEON HAS NO IDEA WHAT USA HAS IN-STORE FOR THEM.period

[@kenebarb5377]

I think hard times are coming for most Americans.

[@MgtowRubicon]

The Fed manipulation of interest rates (i.e., bond yields) doesn't matter. Government deficit-spending is the cause of inflation, because the Fed must monetize the government debt. While the government is deficit-spending, the inflation rate will continue to increase, which is the secret default on the debt, including Social Security and Medicare. "The most important thing to remember is that inflation is not an act of God, that inflation is not a catastrophe of the elements or *a disease that comes like the plague.* Inflation is a policy." -- Ludwig von Mises

[@user-hu7cx9rq4p]

"Odor in the court!" I say "Odor in the court!". The defense would like to call to the stand Von$hitzEnPants

[@user-em8ip9ys9z]

We need someone in Biden's inner circle to take one for the team.

[@lv4077]

Allowing you to keep more of the money you have worked so hard for is a tax break.Allowing business owners to keep a little more of their profits for expansion,investment,or improvement is ridiculous.Our bureaucracy wants all of the profits,how else can we support our give aways for vote buying and “defense “ spending to satisfy the military industrial lobbyists that keep us in office through their kickbacks for our reelection campaigns.

[@joshuaoakes8265]

I see the issue as people having to Google the word inflation

[@conrad4667]

Inflation ain’t going anywhere.

[@johnpi2608]

He’s the same coin! They are all the same. Time to come after corporations and take it back for the people. And control spending

[@munsterr777-iz2ow]

I’m only paying trump era tax and that’s it

[@paulsaragosa371]

A brave new world s hand maids tale and flowers in the attic s and their actions good books 📚 of eli

[@jesusiesa6268]

The Zionist are not jeo, You have to learn about that,

[@pmtime407]

Art Laugher cracks me up!!! LMFAO

[@jimmyjones9780]

We've heard all this before, last year the year before that and the year before that .... Just your own personal opinion based on nothing new.

[@sodbuster7776]

Tax the poor people, the poor use government services. It's time they pay for those services 😅

[@cliffordwhatley6609]

3 big dogs

[@user-vw3dw6or9t]

Art is a great asset glad he's in Tennessee

[@longsleevethong1457]

He really is. He’s the genius behind Regan’s economic policies. He’s great.

[@davidevans474]

Sure would be nice to see the day when the politicians were countable for their actions when they didn’t get it right then fine them or take the pension away . They screwed up and who pays for it 😊it’s years taken away from you and you don’t ever get it back . 😊

[@1berserker165]

FJB MAGA TRUMP 2024 MAGA FJB

[@jimvalentine2814]

Professor Laffer, you coined a perfect phrase. It's what the college protesters need to be chanting, "you can't tax an economy into prosperity".

[@Fred-ql3gq]

Jared Bernstein is wholly unqualified. He has a degree in Music and a Masters in Social Work. Laughingly, Wikipedia's first sentence describes Bernstein as: "an American musician who is the chair of the US Council of Economic Advisers." He is CLUELESS when it comes to the economy. So Art, don't be surprised when he says absolutely non-sensical things! How he got confirmed to be chair is beyond me.

[@Kevin-wj4ed]

Are government is in LA la land!!!!!!!!!!!!!

[@MgtowRubicon]

What is wrong with letting the winners and the losers lose? There is a reason why counterfeiting currency is illegal, but Keynesians cannot understand it, and that's why this "whack-a-mole" solution to monetary crises continues to happen.

[@jimmygonzalez2916]

Wake ⏰️ up Fox...it's the play book

[@taranjitsingh2714]

Gold stocks are undervalued compared with gold prices, stocks will skyrocket once earnings come in, not to mention bad market news will further fuel the prices…BUY GOLD Stocks !!

[@markfencke4348]

I would cut federal tax in half ban Illinois state tax. No tax on normal cars double tax on electrics that only rich can afford and no illegal comes in, all illegal sent back and no free money gives to them. Veterans like ne don't get free money

[@user-ee6df9eo9e]

If you raise taxes on the rich they will get it back from middle and lower class.

[@wydoesntexist]

Sticks and rocks would be better than what we have currently.

[@cmac7384]

Since 1989 Democrats have created 50.5 million jobs and balanced the budget 3 times. Since 1989 Republicans have lost 500,000 jobs and never reduced the deficit by a penny.

[@tempusfugit6637]

Can Trump end these wars ???? This'll be interesting !!!

[@littleboyd7500]

Day one 😮

[@conrad4667]

Grow the GDP.

[@dennishungerford4146]

Rio Grande valley employment numbers play the work-then-welfare cycle! Have a job long enough to collect unemployment! Till it runs out, then go back to your old job till you can collect again unemployment! Social welfare security cycle!

[@GoodmanMIke59]

At the beginning the host says that Trump says he will cut spending. Let's remember that under Trump the national debt went up by 7 trillion dollars? This man who promises to be a fiscal conservative is responsible for 20% of the national debt. So? Yeah, yeah, yeah, MAKE AMERICA GREAT AGAIN but does Trump mean "cut spending cut spending" or "cut the rate of increase of spending?" And why does the man speak with the teleprompter affect that he didn't use in his mid 30s?

[@HeavenGuy]

MAGAnomics

[@paulsaragosa371]

Mmmmmm mmmmmm good shrimp boats captain