The Doubters Are Wrong: Boom Times Ahead For The USA | Dr Art Laffer

IS YOUR PORTFOLIO PREPARED? SCHEDULE YOUR FREE CONSULTATION with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com Is the US economy now solidly on the path to a new Golden Age as the Administration tells us? Or have President Trump's aggressive tariffs & international military interventions set America's prospects back as a number of critics claim? I can think of few better people to hear from on this topic than today's guest, who remains one of the key economic advisors to President Trump and his cabinet members Today, we're fortunate to welcome back to the program economist Dr Arthur Laffer. He was the first to hold the title of Chief Economist at the Office of Management and Budget in the early 1970s. He then later served as a member of President Reagan's Economic Policy Advisory Board. He's perhaps best known for developing the Laffer curve, a model for determining the optimal balance between tax revenues and economic growth. Follow Dr Laffer at https://laffercenter.org/ And watch Dr Laffer's debate vs Dr. Emmanuel Saez here: https://www.youtube.com/live/tLQFHYqkVtY #economicgrowth #tariffs #taxes 00:00:25 – Optimism Entering Trump’s Second Term 00:02:33 – Tariffs & Trade Policy: The Good, Bad, and Ugly 00:03:59 – Using Tariffs as Negotiation Leverage 00:05:27 – The “Big Beautiful Bill” – Tax Cuts & Spending Changes 00:06:35 – What Laffer Loves & Doesn’t Love in the New Tax Bill 00:07:19 – Criticism of Jerome Powell & Fed Policy 00:07:40 – Kevin Warsh as New Fed Chair – A Game Changer 00:08:37 – Deregulation & U.S. Energy Independence 00:09:59 – Outlook on Ukraine, China/Taiwan, and Iran 00:11:04 – Why Iran Is the Biggest Threat & Preemptive Action 00:12:13 – Laffer’s Five Pillars of Prosperity 00:13:53 – Lessons from the Reagan Era Tax Cuts 00:18:23 – Current Inflation Challenges & Oil Price Shock 00:23:15 – Explaining the “Price Rule” for Monetary Policy 00:28:12 – Economic Impact of Ending the Iran Conflict 00:30:04 – Expected Big Drop in Oil & Gas Prices Post-War 00:33:08 – Has the Administration Seized the “Golden Age” Potential? 00:34:20 – Flooding the Zone & Pre-Midterm Strategy 00:38:10 – Midterms Outlook & Governing with a Split Congress 00:41:04 – Wealth Tax Debate & State-Level Policy Battles 00:45:44 – Flat Tax Vision & Taxing Unrealized Capital Gains 00:55:37 – State Migration Study with Stephen Moore 00:59:50 – Why No-Income-Tax States Are Winning Big 01:06:35 – Laffer’s Infectious Optimism & Final Message _____________________________________________ Thoughtful Money LLC is a Registered Investment Advisor Promoter. We produce educational content geared for the individual investor. It’s important to note that this content is NOT investment advice, individual or otherwise, nor should be construed as such. We recommend that most investors, especially if inexperienced, should consider benefiting from the direction and guidance of a qualified financial advisor registered with the U.S. Securities and Exchange Commission (SEC) or state securities regulators who can develop & implement a personalized financial plan based on a customer’s unique goals, needs & risk tolerance. All the details on Thoughtful Money's relationship with the financial advisors it endorses, many of whom regularly appear on this program, can be found in the following documents. We highly recommend you review these documents as they cover the terms that will apply should you choose to work with one of these firms at any time after watching this video. Thoughtful Money Disclosure Document: https://thoughtfulmoney.com/wp-conten... Thoughtful Money Agreement: https://thoughtfulmoney.com/wp-conten... IMPORTANT NOTE: There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, money market funds, and other types of securities involve risk of loss. Loss of principal is possible. Some high risk investments may use leverage, which will accentuate gains & losses. Foreign investing involves special risks, including a greater volatility and political, economic and currency risks and differences in accounting methods. A security’s or a firm’s past investment performance is not a guarantee or predictor of future investment performance. Thoughtful Money and the Thoughtful Money logo are trademarks of Thoughtful Money LLC. Copyright © 2026 Thoughtful Money LLC. All rights reserved.