Economist Arthur Laffer, Founder and Chairman of Laffer Associates and former member of Ronald Reagan's Economic Policy Advisory Board, discusses the implications of the debt ceiling on the U.S. deficit, income inequality, and what the government should do to build a prosperous economy.
*This video was recorded on June 6, 2023
FOLLOW ARTHUR LAFFER:
The Laffer Center: laffercenter.org/
FOLLOW DAVID LIN:
Twitter (@davidlin_TV): / davidlin_tv
TikTok (@davidlin_TV): / davidlin_tv
Instagram (@davidlin_TV): / davidlin_tv
For business inquiries, reach me at david@thedavidlinreport.com
*This video is not financial advice. The channel is not responsible for the performance of sponsors and affiliates.
0:00 - Intro
1:24 - Economic Armageddon
2:50 - Problems with the budget
8:15 - Wealth redistribution
9:26 - Budgeting priorities
12:56 - Tax rates
17:11 - Income inequality
24:30 - Poverty Trap
30:00 - Laffer Curve
32:17 - AI and prosperity
34:22 - How to create prosperity
36:19 - Exports and imports
41:22 - Decline of U.S. Empire
44:50 - Causes of inflation
48:11 - Sound money
52:00 - CBDC
53:55 - Arthur Laffer's work
#wealth #debtceiling #economics
27 май 2024
