Arthur Laffer: Broken System Is Making Us All Poorer

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  • Опубліковано 27 вер 2024

КОМЕНТАРІ • 891

  • @TheDavidLinReport
    @TheDavidLinReport  Рік тому +37

    What, in your opinion, is the solution to creating long-term prosperity in an economy? I had a great time discussing economic principles with the distinguished Arthur Laffer. Make sure to comment below, subscribe, and follow Dr. Laffer's work:
    The Laffer Center: laffercenter.org/

    • @k2229
      @k2229 Рік тому +6

      Thanks for bringing on Dr Laffer.
      David, with all due respect, your bias is very noticeable.

    • @k2229
      @k2229 Рік тому +2

      @nevertheless iamsaved laffer was a guest giving his opinions. David is the host, trying to get the guess to speak.
      Do you honestly not see the problem?

    • @RyanVoelkel
      @RyanVoelkel Рік тому

      Bitcoin

    • @MarekKolenda-cr8vr
      @MarekKolenda-cr8vr Рік тому

      Smart man

    • @olmypueblo
      @olmypueblo Рік тому

      If the poor had Marketing classes in the curriculum of every school,college or university, and make it a requirement things would be different.

  • @brianm5554
    @brianm5554 Рік тому +106

    one of the best interviews yet. love that you let him run with his thoughts... Mr. Laffer is a smart cookie

  • @PaulbylPaulbyl
    @PaulbylPaulbyl Рік тому +261

    This guy's lucid thinking is better than all the hundreds of 30 year olds and younger I know. At age 83 just freaking incredible!

    • @lukasvymetal2665
      @lukasvymetal2665 Рік тому +3

      sharp as a knife

    • @AlejandroMendoza-so1pd
      @AlejandroMendoza-so1pd Рік тому +4

      Trickle down economics he proposed during ergonomics bankrupted our society. It’s called wealth transfers.

    • @RikuLeppanen
      @RikuLeppanen Рік тому +9

      I was thinking exactly the same. He is sharp as a knife. I think that working past retirement age is the key to staying in good shape mentally.

    • @robertfrey3880
      @robertfrey3880 Рік тому +2

      @@AlejandroMendoza-so1pd I’ll have to disagree with you what he said is true

    • @AlejandroMendoza-so1pd
      @AlejandroMendoza-so1pd Рік тому

      @@robertfrey3880 I didn’t disagree with what he said. I disagree with the trickle down economy he sanctioned under Reagan. I loved it. I saw it. Criminal. Learn your history.

  • @markwilliams4362
    @markwilliams4362 Рік тому +51

    Congratulations David , brilliant interview, and to you Mr Laffer thank you for your time and wise words Sir . Many thanks 🙏 and best wishes from Downunder 👍🙏☮️🇦🇺

  • @garysapp1450
    @garysapp1450 Рік тому +27

    Laffer is a national treasure.

  • @agongjonbalaj3047
    @agongjonbalaj3047 Рік тому +46

    This guy is amazing! Great job David Lin for having him as a guest.

  • @CohnmanTheBudbarian
    @CohnmanTheBudbarian Рік тому +25

    Need more great minds like Arthur in govt instead of these evil clowns we have atm.
    Great questions David.

  • @hasenafarms6448
    @hasenafarms6448 Рік тому +13

    “We’re the tallest midget”. Made me chuckle.

  • @79bull
    @79bull Рік тому +50

    Spoken perfectly. Money motivates. Both ends of the spectrum are essential to keep people doing things. We can’t all lie around like lazy cats 😻

    • @cesuntbanii
      @cesuntbanii Рік тому

      sound money that cannot be censored will quickly take power from the state and enable a true free market where only the folks who work get compensated

  • @matthennagersguitarlessons
    @matthennagersguitarlessons Рік тому +17

    David, this is my favorite interview you've done!

  • @nicholasmiller9935
    @nicholasmiller9935 Рік тому +9

    Most enjoyable, enlightening interview I’ve seen in awhile. This guy is brilliant. Common sense

  • @sabrinawinchester7954
    @sabrinawinchester7954 Рік тому +2

    Everyone should see this.
    David, you are just awsome!
    Thank you, Mr. Laffer.

  • @garyjustin2898
    @garyjustin2898 Рік тому +10

    Get rid of the crooks first. Then rebuild.

  • @edwardtucker8219
    @edwardtucker8219 Рік тому +4

    Art Laffer is sharp, and funny. Thank you for having him back, David!

  • @humzilla707
    @humzilla707 Рік тому +46

    This guy is legit. Got more energy and brain power than people half his age.

  • @huluvublue6536
    @huluvublue6536 Рік тому +13

    This guy RULES lol the energy!

  • @svenoscarhansen8847
    @svenoscarhansen8847 Рік тому +4

    One of you best guests for sure. A positive insightful man with much knowledge to share.

  • @vm-bz1cd
    @vm-bz1cd Рік тому +6

    AMAZING REFRESHING INTERVIEW 👏 Bravo!

  • @I_reject_your_reality
    @I_reject_your_reality Рік тому +10

    This is super. Thank you David for bringing these guys on your show. Really paradigm changing stuff.

  • @AINews-yn8ne
    @AINews-yn8ne Рік тому +6

    Hands down the best interview this year. Mr. Laffer should be part of the round table. When emotions outweigh facts we will have anarchy. We need more interviews like this to help put things into perspective. Thanks David

    • @user-yf4gx4rf8h
      @user-yf4gx4rf8h Рік тому

      The fact is everything he said has been tried and and found to be a bad idea. Flat tax?, deregulation, Trickle down economics. These are all tried and failed policies. The idea that a 80 yo Japanese person should just keep going to work because " I still work " Is short sighted and simplistic. It not a real idea.
      "Hey they should just keep working, I do."- Said by guy not working construction in 100 degree weather.

  • @kylesawicki6730
    @kylesawicki6730 Рік тому +30

    Great show! This guy knows what's up

  • @charbelh.boutros4971
    @charbelh.boutros4971 Рік тому +6

    One of your (if not THE) best interviewees. Congrats!

  • @martyluther
    @martyluther Рік тому +2

    Possibly the most entertaining guest you’ve interviewed so far. I hope you bring him back for a debate

  • @yourplumbingpal1225
    @yourplumbingpal1225 Рік тому +5

    What a wonderdul guest David, and loved the questioning , that was brilliant, thank you , both.

  • @ArnoldSommerfeld
    @ArnoldSommerfeld Рік тому +80

    Mr. Lin, kudos on an excellent interview.
    Laffer is top notch.

  • @cellaiam
    @cellaiam Рік тому +6

    Great interview. We need him back on the show. 💯

  • @huluvublue6536
    @huluvublue6536 Рік тому +4

    Can we request a monthly catch up with ole Arty here? this guy is amazing

  • @fubarbrandon1345
    @fubarbrandon1345 Рік тому +6

    Great guest and interview David...thank you.

  • @jensaynuma6807
    @jensaynuma6807 Рік тому +4

    This interview is so good I love the passion of Mr.laffer to make sure we understand the truth David your show has been a daily watch for Me very good job

  • @kevinwilliamson2236
    @kevinwilliamson2236 Рік тому +11

    Arthur speaks the truth. Something this world lacks these days!

    • @Steven_Falcon
      @Steven_Falcon Рік тому +1

      Exactly. This guy at 83 yrs old spits more logic and common sense than anyone I’ve ever seen.

  • @hawkspiritweaver6664
    @hawkspiritweaver6664 Рік тому +2

    David you are getting even better at this... Your banter and questions were excellent. Keep it up.

  • @mazza3137
    @mazza3137 Рік тому +3

    After this interview I ordered 2 books by A. Laffer. Can't wait to start reading them. Thank you David for bringing such interesting guest to your show. Big fan since your kitco days👍

  • @realbobbyedralin
    @realbobbyedralin Рік тому +5

    great show David. Looking forward to the debate you will organize.

  • @simoncabral1004
    @simoncabral1004 Рік тому +5

    What a brilliant guest….he should be on everyday…

  • @YourBestFriendforToday
    @YourBestFriendforToday Рік тому +10

    Solid guest again!

  • @damo010
    @damo010 Рік тому +4

    Best interview I've seen for ages, Art was on form big time!

  • @neilforeman
    @neilforeman Рік тому +12

    Capitalism vs socialism, decentralization vs centralization, no tape vs red tape, flat tax vs graduated tax, productivity vs welfare, free trade vs sanctions. Love this guy. Book him again.

  • @joeysocks5718
    @joeysocks5718 Рік тому +3

    Art is a national treasure. Great interview David

  • @0mar9
    @0mar9 Рік тому +6

    Great guest. Have debates in your channel next David

  • @jvin248
    @jvin248 Рік тому +5

    Excellent interview, even if challenging at times (in a good way) for you David. Certainly try to get Laffer back. The tax history in his recent book (Taxes have Consequences) is very thorough and gives the peek behind the curtains everyone needs.

  • @hakantopkaya3150
    @hakantopkaya3150 Рік тому +2

    Brilliant interview. Now lets go to the highest level: Schiff vs Laffer. Make it happen please David

  • @davidshore2159
    @davidshore2159 Рік тому +2

    I could listen to Art Laffer for hours.

  • @mikedennis6979
    @mikedennis6979 Рік тому +4

    Best Guest Ever !!!!!

  • @nikgarcia2823
    @nikgarcia2823 Рік тому +7

    Awesome Interview, ❤ it, Thank you

  • @JohnSmith-vr9if
    @JohnSmith-vr9if Рік тому +4

    This guy is awesome. I hope he comes back to talk more facts.

  • @marcpereira3765
    @marcpereira3765 Рік тому +3

    This prof is a legend

  • @TedNugenTsTankSchool78
    @TedNugenTsTankSchool78 Рік тому +10

    Dr. Laffer is a national treasure! We should all hope we are this sharp in our 80's. What a great inspiring and enjoyable conversation.

  • @MrNikkertti
    @MrNikkertti Рік тому +2

    one of the best interviews for a while

  • @praszu
    @praszu Рік тому +4

    GBO - Ounce Sterling 😂
    “Tallest midget of the countries”
    He has some great sense of humour.

  • @wills8705
    @wills8705 Рік тому +2

    This guy understands the economy better than all other guests combined. This country needs to utilize this mind while we still can.

  • @DeepDiveNFT
    @DeepDiveNFT Рік тому +8

    This gentleman is a national treasure! Much respect.

  • @stevenshorten6184
    @stevenshorten6184 Рік тому +5

    I have full faith all of his policies will be implemented by the next civilization that comes after we collapse.

  • @knowgood5903
    @knowgood5903 Рік тому +2

    I love this guys energy.

  • @nolawillies5943
    @nolawillies5943 Рік тому +6

    love this guy

  • @nyquil762
    @nyquil762 Рік тому +2

    This guy is spot on.

  • @andrewmills6636
    @andrewmills6636 Рік тому +2

    Love him. Bring him back every month

  • @djc7039
    @djc7039 Рік тому

    Thanks David, your interview style is excellent. Art Laffer is the best Economist I know of and it's nice to an interview where he is not interrupted.

  • @michaelalpine4198
    @michaelalpine4198 Рік тому +5

    What a character.

  • @blackstock333
    @blackstock333 Рік тому +3

    Great content David! Love the show.

  • @jpowerisd
    @jpowerisd Рік тому

    Dr. Laffer makes a great deal of sense. Bring on the debate!!

  • @nedrawlings6762
    @nedrawlings6762 Рік тому +1

    GREAT guest David - a real gem of a personality for you and your channel. Well done!

  • @tomd5202
    @tomd5202 Рік тому +1

    WOW! David, when you started your channel you, in the first month, interviewed all my favorite people. But Art? I read his book. He was someone who I thought was just ok. But this interview is, IMO, the BEST interview since you started your channel. Like, I want to bookmark and share it. Just great! Art isn't giving current events and I don't need to watch him daily, but he knows what America needs to do. And, since our governing group isn't going to doing, it just tells me how to invest and that I need citizenship in another country!

    • @TheDavidLinReport
      @TheDavidLinReport  Рік тому

      Appreciate the feedback! Glad you enjoyed it. Yes, please do share Art’s message!

  • @AT-ev8ej
    @AT-ev8ej Рік тому +1

    This is the best interview ever & I learnt a lot, Thank you Dr. Laffer & David.

  • @marcusgreensr
    @marcusgreensr Рік тому +3

    Professor Laffer for president

  • @ChrisGenXer
    @ChrisGenXer Рік тому

    Dr. Laffer is amazing!! So sharp and love the unfiltered truth. I 100% agree with his assertion that the war in Ukraine would have never happened if Trump were in office. Biden perspires weakness and Putin completely took advantage of that weakness.

  • @AL-kg8ln
    @AL-kg8ln Рік тому +3

    Hahah I love this guy. Best guest so far

  • @wesnguyen8290
    @wesnguyen8290 Рік тому +2

    this is the best a** interview ever David!

  • @cryptoal5240
    @cryptoal5240 Рік тому +5

    Great insight!

  • @traviss3478
    @traviss3478 Рік тому +6

    83? He’s probably going to be a centenarian

  • @diegoangelotti2344
    @diegoangelotti2344 Рік тому +4

    Very interesting interview and a somewhat simplified recount of the events that led to the decline of the middle class. It was not wealth redistribution that caused the decline in the manufacturing sector, but the relocation of whole industries in countries with lower wages. It is also hard to be a champion of fiscal restrain, when you are seating at the same table with Cheney and Rumsfield, who wasted at least 3 trillion of tax payers money, for the benefit of very, very few people.

    • @shawntamandl6660
      @shawntamandl6660 Рік тому

      Bingo !… my grandfather worked in western electric for 39 years and it’s long gone.
      Bethlehem Steel is long gone to name another example here in PA.
      My grandfather used to say we can’t just become a service oriented country (back in the mid to early 80’s)… we have to actually design, CREATE, and sell things etc.
      …he was way ahead of the curve, seeing the huge cluster we are in today as a country…. All for the shortsightedness of those businesses large and small.

    • @yeskawa
      @yeskawa Рік тому

      100% agreed

  • @randyosborne3971
    @randyosborne3971 Рік тому +26

    We don't have income inequality. We don't have wealth inequality. We have effort inequality. Joe Rogan

    • @tenplus1025
      @tenplus1025 Рік тому +1

      💯

    • @FreeSpeech4All
      @FreeSpeech4All Рік тому +6

      Well, that's partly right.
      We do have levels of inequality put in by rich people's lobbyists making rules to protect their established wealth/oligopolies... and institutions like the Fed inflating the price of assets for those who already own them, while simultaneously devaluing the incomes of those who haven't yet been able to acquire assets.

    • @Bigchuckers
      @Bigchuckers Рік тому

      I think its more about the ability to accept risk taking than it is effort.

    • @mg-by7uu
      @mg-by7uu Рік тому

      Well ..we do have effort inequality but let's not ignore that 5 people control more wealth than 90% of the human race combined

    • @randyosborne3971
      @randyosborne3971 Рік тому

      @@FreeSpeech4All David Lin is that you ? That's a perfect set-up speech for Socialism.

  • @wojrej777
    @wojrej777 Рік тому +16

    Trading is like a roller coaster ride. While it's obviously fun and exciting, there will be times when you'll feel anxious, nervous, or even powerless. When these bad times come, it's important not to panic or give up. One excellent thing you can do during these trying times is to keep your head up and work with the right strategy, as I am doing right now. If you don't have a strategy, contact Mr. Steven Rich for advice.

    • @wojrej777
      @wojrej777 Рік тому

      It is active in TELEGRAM with the following name....

    • @wojrej777
      @wojrej777 Рік тому

      @win_signal247✍✍ Thanks

    • @ulrichkakou1460
      @ulrichkakou1460 Рік тому

      I heard about him, he is the author of Cryptocurrency Investing For Dummies. I trade with him, his signal is 91% accurate. He's the best, he's the only person I would recommend to anyone.

  • @gregero
    @gregero Рік тому +1

    Love listening to Laffer

  • @jackwalsh1468
    @jackwalsh1468 Рік тому +3

    David, have Arthur Laffer come back again and soon! A home run for this episode.
    Michael Pento any time soon? Cheers, Mate.

  • @ursmalo3103
    @ursmalo3103 Рік тому +1

    Great guest, with such a clear mind and energy he should be president.

  • @greytalon2880
    @greytalon2880 Рік тому

    This guy (Laffer) is basseeedddd AF. Loved the interview. Never followed Laffer b4, but will now.

  • @reinhardrinaldo350
    @reinhardrinaldo350 Рік тому +3

    Great interview, thank you 👍👍👍👍

  • @happyangie674
    @happyangie674 Рік тому +3

    We don't need you to redistribute Mr. Laffer, we just need to be paid an appropriate wage that pays for the basic life necessities.
    Oh also, if we are the employee, We are the one producing, you may have supplied the initial capital, then you hired employees to produce for you. We just need to be paid, each and every one of us that is producing something of value to you, enough to live. Thanks.

  • @NatureSoundsWithSongbirds
    @NatureSoundsWithSongbirds Рік тому

    David I’ve watched most of your interviews and this one with Arthur Laffer is by far the best. You brought your A-game on this one. A real treat. Thank you.

  • @Robyn-Hood
    @Robyn-Hood Рік тому +1

    Thank you, this is an amazing guest 🎉🎉🎉🎉🎉

  • @JimWemm-ql1ge
    @JimWemm-ql1ge Рік тому +2

    Thank you. One of the best yet!

  • @cloudiermonk
    @cloudiermonk Рік тому +4

    Great stuff!

  • @coffeecupman
    @coffeecupman Рік тому +2

    None of these "money motivates" individuals ever address that "when America was great" the top band tax rate was often above 80%, and people were still motivated to succeed. Nobody can remember pre-Reagan tax theory, despite their MAGA hats. All my adult life taxes have mostly gone down, and all anyone on the right has said is they need to go lower in order to fix things, and the nation has been hollowing out the entire time and gotten economically weaker, mostly by increased wealth polarization. We've had 40yrs of this formula, and now we have assets bubbled so high that the younger generation can't afford to buy a house and replace the population, and the older people keep rigging the system so that they keep everything. I'm gen X and I'm fine, so don't think I'm a bitter gen Z'er. I just hate that this insanity is rotting the strength and leadership of the USA.

  • @Namegoeshere-op9hg
    @Namegoeshere-op9hg Рік тому

    Dr. Laffer is surprisingly personable…would be an intimidating interview! Great insights.

  • @krzysztof4211
    @krzysztof4211 Рік тому +1

    Thank you for this entertaining and informative piece. I wonder about inviting Mr. Laffer and Mr. Celente into a debate that you have been thinking about. Perhaps, we would learn a lot and have a good laugh.

  • @albertpaglia2944
    @albertpaglia2944 Рік тому

    👏🏻👏🏻👏🏻👏🏻 THE BEST INTERVIEW EVER 👍🏻👍🏻👍🏻👍🏻

  • @michaelmartinovsky5061
    @michaelmartinovsky5061 Рік тому +2

    Laffer for president!

  • @maiiilyn2360
    @maiiilyn2360 Рік тому

    I have no idea who this man is but I love him he speaks the basic truth !!

  • @YourLakelandSloth
    @YourLakelandSloth Рік тому

    I disagree with most things Arthur says but I do appreciate him presenting his case and at the very least getting to an understanding from where he is coming from.
    I really appreciate these long form discussions ❤

  • @chriswrerup
    @chriswrerup Рік тому

    I may not agree with him on everything (military) but what a great interview. So much energy and passion!
    We should all wish to be that spunky at 83 y o!!

  • @kumuninja6400
    @kumuninja6400 Рік тому +3

    Great interview and entertaining!🤑

  • @raulvargas352
    @raulvargas352 Рік тому +1

    Wow. This was a great interview. Very Strong.

  • @awolgeordie9926
    @awolgeordie9926 Рік тому +3

    This dude's good. Haven't heard of Laffer before.

  • @tomaslysak5249
    @tomaslysak5249 Рік тому +1

    One of the best podcasts!

  • @pjohns123
    @pjohns123 Рік тому +1

    Another good one. They're all good, but very enjoyable once again.

  • @JTK699
    @JTK699 Рік тому +1

    Such a nice guest! One of the best!!!

  • @Al-yu6bq
    @Al-yu6bq Рік тому

    Wow I´ve heard a long time about Laffer Curve and I didn´t know was an economist, and here he is. His founder.

  • @ryanwood8759
    @ryanwood8759 Рік тому +1

    Amazing 👏 I love Dr. Laffer

  • @GazP007
    @GazP007 Рік тому +1

    Arthur Laffer amazing 👌🏻

  • @روح-د9ر
    @روح-د9ر Рік тому +2

    Another Cameo of your great guests. Way to go!