I don't know where these guys shop or spend their money.... but inflation is way above the numbers they're talking about. Inflation is running twice as high as they're reporting!
@buckhorncortez
2 жыл бұрын
They're using the official numbers from the government. They can't use Internet comment sections for speculative inflation numbers.
@luvlabso130
2 жыл бұрын
I know what you mean. Someone explained it, that is the average over the year. So it started very low and now is very high but the average is over the year.
@dionpeek4339
2 жыл бұрын
I agree they’re always way too low lumber has been up two and 300% on some materials groceries as much as 50% on certain items
@chodkowski01
2 жыл бұрын
@@buckhorncortez my personal inflation to my spending is 17.3%.
@thedalillama
2 жыл бұрын
They aren't measuring inflation. They are measuring the price increase of a basket of goods they keep changing. The change in the CPI will always lag true inflation because of the principle of substitution. When the price of a particular good increases too much, the Fed assumes you will switch to a lower-priced good. If you go to Costo and find your ribeyes have increased from $7.99 per pound pre-pandemic to $13.99 per pound, economists assume you will buy pork and be just as satisfied. It's BS.
@Rainy_Day12234
2 жыл бұрын
High taxes, massive new regulations, tightening cycle with very inflation, two consecutive quarters of negative growth(recession), real wages crashing, productivity collapsing, credit debt rising fast, 15 year high 30 year mortgage rate…..ain’t looking good.
@promethiac2641
2 жыл бұрын
You know what hurts an economy? Fear mongering.
@keithm9337
2 жыл бұрын
And yet democrats will hold the senate and are gaining on keeping the house. People are gluttons for punishment.
@robintemple7651
2 жыл бұрын
If you adjust to real numbers we are at at least 30% inflation. You have to go back a bit but this is a lie. We are in some financial trouble.
@promethiac2641
2 жыл бұрын
@@robintemple7651 That is because we spend like a Prom queen on her birthday.. I'm not talking about our government here.
@quantumtechcrypto7080
2 жыл бұрын
The NWO Bolsheviks are here.
@paulrogers6037
2 жыл бұрын
Spending. It all comes down to government spending. It's got to stop.
@hlf_coder6272
2 жыл бұрын
Well considering neither mainstream party even suggests cutting the rate of growth of various government programs, let alone legitimate spending cuts, I don’t see that happening anytime soon. Over 75% of our spending is on entitlements, and since both parties endorse Neo-Marxism now, they won’t be cutting the redistribution. We’re headed towards collapse
@artmcpharlin6730
2 жыл бұрын
Democrats have always, especially Biden, spend, spend, give money to those who do not pay taxes, and hope they vote for us. Biden at 40% approval rate because these free loaders believe money will still come fro gov't. After November 8th, RED WAVE, IT WILL STOP.
@bhe8336
2 жыл бұрын
Government spending is anti growth.
@wesleytillman9774
2 жыл бұрын
You can't bring down inflation with uncontrolled money printing.
@DMDvideo10
2 жыл бұрын
It's what caused it in the first place... Makes sense that more of it isn't going to help... Unless of course, they print us each 5 million bucks! that would help!
@JM-kq4le
2 жыл бұрын
@@DMDvideo10 If you want to pay 50k for a gallon of milk. Like Weimar Republic.
@DMDvideo10
2 жыл бұрын
@@JM-kq4le I know. I was being funny...
@sourwes0001
2 жыл бұрын
They can’t allow interest rates to rise simply because they wouldn’t even be able to pay the interest on the national debt and the dollar confidence globally would collapse instantly ☹️ They are not gonna give up on the worlds greatest Ponzi scheme….
@RussJAlan
2 жыл бұрын
Yeah if you want to pay $25,000 for a loaf of bread. Google the definition of inflation.
@rwdchannel2901
2 жыл бұрын
We've got 17% inflation. It's not our imagination when food prices are nearly double from 2 years ago.
@tbrown965
2 жыл бұрын
Where did you get this number?
@rwdchannel2901
2 жыл бұрын
@@tbrown965 If you calculate inflation by the 1980's method it turns out to be 17%
@dtrout
2 жыл бұрын
Yes, I’ve heard the same from several other sources....17%
@robertagren9360
2 жыл бұрын
We're at year 1984 The oil reserves are from 1984 and the politics are from 1984
@chris4710-s5q
2 жыл бұрын
Look how much food you're getting for the price they reduce the package and up the price
@wesleygordon9413
2 жыл бұрын
If you keep spending and printing money no matter what trick you try...it won't work. The addiction to borrow and spend will eventually collapse the economy. All of these discussions are moot unless the printing press is halted.
@windsurfingwallstreet6102
2 жыл бұрын
Also, much of the created new money is not even printed. It is simply created digitally.
@eddarby469
2 жыл бұрын
We also need to hold the federal budget to its current limit and let taxes catch up until we dont have a deficit.
@wesleygordon9413
2 жыл бұрын
@@eddarby469 Agreed
@bhe8336
2 жыл бұрын
It's the spending of the money that has more of a detrimental effect. You can print all of the money you want but spending it is what really kills us. It's why I laugh at the Fed when they say they're trying to "provide liquidity" during recession when the problem is lack of consumer demand due to not having their own money to spend from savings. Higher interest rates would help low income people save.
@miawhitlock9140
Жыл бұрын
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. The fin-Market;s have underperformed the U.S. economy as fear of inflation hammers the prices of stock;s and bonds. My portfoliio of $250k is down to $192k any recommendation;s to scale up my return;s during this crash will be highly appreciated.
@joshspring7686
Жыл бұрын
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.
@chrisbluebird5037
Жыл бұрын
@@joshspring7686 If you are not conversant with the markets, your best bet is to get you some kind of advise or assistance from a consultant/investing coach. It might sound basic or generic, but getting in touch with a consultant was how I was able to stay afloat the market and raise my portfolio to about 65% since Jan. For me, its the most ideal way to jump into the market these days.
@pigsbark4173
Жыл бұрын
@@chrisbluebird5037 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?
@chrisbluebird5037
Жыл бұрын
@@pigsbark4173 My consultant is Wendy Helene Bennett, I found her on a CNBC interview where she was featured and reached out to her afterwards. She has since provided 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.
@mesutserim1595
Жыл бұрын
@@chrisbluebird5037 Thanks for sharing, I just looked up Wendy Helene Bennett online and researched her accreditation. She seem very proficient, I wrote her detailing my Fin-market goals and scheduled a call.
@donaldmiller18
2 жыл бұрын
I’ve worked and saved my entire life just to watch this administration ruin my retirement Thanks Joe, thanks democrats.
@cksinfl941
2 жыл бұрын
Me too Biden is destroying us
@sarahalderman3126
2 жыл бұрын
Yeah same here! We started out in 2005 right before the disaster of Obama, got destroyed a few years later by Obamacare on top of the housing crisis. Finally dug ourselves out of the hole Obama created by bailing all the corps out… now biden is ensuring he takes every bit of ground we gained.
@code3k5
2 жыл бұрын
I'm in same boat, and the boat is starting to leak...
@texaspatriot3587
2 жыл бұрын
Same here....when I saw the loss over the past 18 months from my IRA, I could have bought a house 2x as pricey as what I live in...just gone....it was supposed to last me 15 yrs, I'm now hoping for at least 3 and hope the next president fixes this downfall...
@kristinejackson8268
2 жыл бұрын
I hope you did not vote for biden. If you did its your own fault.
@redwave434
2 жыл бұрын
we don't have the congress of 1986" That is understatement. RIP Ronald Reagan. what an amazing leader he was.
@georgewoodard43
2 жыл бұрын
All most as good as Trump !
@philfortner1805
2 жыл бұрын
Reagan got the economy to grow due to record deficit spending, nothing else. That debt is what's crushing our economy now. All modern presidents that added debt, all since 1913, are responsible.
@georgewoodard43
2 жыл бұрын
@@philfortner1805 Congress controls spending. We need a 10% across the board cut in all government spending until we have paid in full the 30 trillion now headed toward 31 trillion dollars and stop the spending.
@daveseeley4814
2 жыл бұрын
Really? if you love the destruction of the Middle class of Americans. If you love a country controlled by the wealthy and connected. If you love Income Inequality created by Tickle Down economy that Laffer sold and Reagan bought, I guess you are right.
@redwave434
2 жыл бұрын
@@daveseeley4814 if you love income equality then you are into communism. There is no middle class . You have upper class in government and everybody else is equal after that. Yeah I am not into that. I am for limited, small government that allows individuals to prosper by hard work. There is no time and place in recent history where middle class was not only created but they prospered and lived in a good standard living than in Reagan years. 10 % GDP growth is unheard of ever since. Bidden is at 1 percent which is pathetic really. We had GDP growth of 3.5 percent during Trump presidency.
@garydavidson2367
2 жыл бұрын
Excuses to raise your rates is shrinking but corporate push will continue to the next excuse
@texasjoe557
2 жыл бұрын
higher rates didn’t affect the 90s economy- affordability was there. Now it just crushes this generation. Homes were cheap, cars were cheap, people made bank-- this generation is screwed!
@Scott-lz3pp
2 жыл бұрын
I LOVE Art Laffer! He is a super genius. I hope that his life is going well.
@DavidFRhodes
2 жыл бұрын
oh please. He totally missed the last recession. and mocked those how predicted it. search on his penny bet with Peter Schiff back in 2007
@thomasrebeling3356
2 жыл бұрын
Art, you make me laugh. " We don't have 10% inflation " I'm in my early 70s, and this inflation is worse than anything I loves through in the late seventies and eighties
@thomasrebeling3356
2 жыл бұрын
Typo, worse than anything I lived through
@whodat9198
2 жыл бұрын
He knows that. They can only use the official govt numbers and formula which were changed by the democrats after the 80s to make the numbers look smaller for political benefit. Fake statistics are what are called democrat math. Like how they include two- thirds of gun deaths from suicide to make it look scarier. Just one of many examples.
@MrStevesbest
2 жыл бұрын
30 percent !
@cultleader6977
2 жыл бұрын
Hes out of fukin touch guy in video
@rickmalone270
2 жыл бұрын
They're both clueless. "If we go into a recession." News flash! We are in a recession bordering on depression!! The blind leading the blind.
@tedmoser3657
2 жыл бұрын
Larry & Art are great together. You can tell there's great mutual respect for each other. Biden needs lessons from them!
@quantumtechcrypto7080
2 жыл бұрын
It’s Brandon
@d.m.poprich6950
2 жыл бұрын
Would not do any good to give Beijing Biden lessons. He won't understand them.
@normanflint8757
2 жыл бұрын
Like what did you expect,,they're both of the same party and viewpoint..
@reginaford8575
2 жыл бұрын
Biden refuses to listen. Dictator I’m residence
@paulholterhaus7084
2 жыл бұрын
Biden doesn't take lessons......If He did, He wouldn't remember anyway...........Paul
@lukemn29
2 жыл бұрын
Let's go Brandon!
@sylvainh2o
2 жыл бұрын
It's crazy to think when economy goes well they have to make people lose their job and business to struggle on purpose to bring prices down.
@larryhall7998
2 жыл бұрын
Who is this Brandon guy and why are you so infatuated with him!!!
@76rjackson
2 жыл бұрын
What do you think trump will be indicted for first? Tax fraud in NY? Election tampering in Georgia? Mishandling government documents by the feds? Inciting insurrection in DC? So much winning! Be a good little maga and Sell your house and send him all the money. He needs lawyers and he's only a billionaire so help your boi out, already. No house? Sell your car, then, patriot!:
@76rjackson
2 жыл бұрын
@Jim Ferrante what do you make of the news that 40 trump associates got subpoenaed today, Jim? 40! Kind of makes me wish I had studies law! Lots of jobs for lawyers these days because just about everyone who ever worked for trump needs at least one and that's including his lawyers! You heard that Bobb lady (is that like Johny cash's Boy Named Sue?) She had to get herself a big time defense attorney on account of signing an affadavit affirming that there was no more classified documents. Well, she lied so now she has to lawyer up! Shucks, Jim, but your red wave isn't going to sweep democrats our of Congress. It's going to be more like a red tide that just sits there killing everything and stinking like corruption. Sad.
@kingboagart899
2 жыл бұрын
Gee, how original
@instinctively_awesome8283
2 жыл бұрын
I see 2-3yrs recession. Fed will raise interests in Oct 2022 if inflation doesn't peak. Inflation is producing a slew of problems throughout the world, including food shortages, diesel and heating fuel shortages, and housing prices and financial market crash. This global collapse might end up being a part of us for a very long time. With inflation currently at about 9%, my primary concern is how to maximize my savings/retirement fund of about $300k which has been sitting duck since forever with zero to no gains.
@wiebeplatt4749
2 жыл бұрын
The market is volatile at this time, hence i will suggest you get yourself a financial-advisor that can provide you with entry and exit points on the shares/ETF you focus on.
@Alejandracamacho357
2 жыл бұрын
@@wiebeplatt4749 I'm sure the idea of an invstment-Adviser might sound controversial to a few, but a new study by Motley-fool found out that demand for Financial-Advisers sky-rocketed by over 42% since the pandemic and based on firsthand encounter I can say for certain their skillsets are topnotch. I've accrued north of AUD580k within 16-months from an initially stagnant Portf0lio worth AUD85k.
@Steyne968
2 жыл бұрын
@@Alejandracamacho357 that's impressive!, I could really use the expertise of this advisors , my portfolio has been down bad over here with Uk inflation at 10%....who’s the person guiding you?
@Alejandracamacho357
2 жыл бұрын
@@Steyne968 Sure, the Invëstmënt-Advisër that guides me is "SUSAN AGNES HANCOCK" and she's renowned and has quite a following. So it shouldn't be a hassle finding her. Just look her up.
@allendaniel2748
2 жыл бұрын
Buy an apartment or a house for rent with low maintenance cost.
@miked5106
2 жыл бұрын
These guys are WRONG. We need to do 2 things to tame inflation, and it's easy. 1) Ban petroleum exports as we did from 1973 - 2016, 2) if they went higher unemployment to reduce demand layoff ALL Non-essential FEDERAL EMPLOYEES! THE added benefit is that this reduces govt expenditures and thus the Defcit so the fed can CUT money printing which is deflationary.
@johnmurphy9550
2 жыл бұрын
The US is currently a nett importer of oil, in spite of the exports. What you actually need to happen is to bring your production back up to 2020 levels & above, so the US becomes a nett exporter of oil again & more. There's no shortage of oil in the ground, only the political will stands against it. That would reduce the need for oil from countries with far lower environmental standards & advance the ability of the US to push even higher environmental standards without huge price increases. A win-win for the world...
@miked5106
2 жыл бұрын
@@johnmurphy9550 it's above pre-pandemic levels. We've got record volumes of crude, LGG, and distillates going to Europe and elsewhere.
@peacefulwarrior4078
2 жыл бұрын
Biden is literally stealing oil from SYRIA
@mikeries8549
2 жыл бұрын
To stop inflating turn off the money pump. Duhhhh
@ticalisa
2 жыл бұрын
You need to watch Ledger’s course on Economics currently on Hillsdale … your opinion will change… do the research, educate yourself on real economics & how our country can thrive with proper economic administration…
@amydiscovered2665
2 жыл бұрын
Saying we are like we've not been in a lot of trouble since. I just hope this doesn't mean more is coming? To make matters worse, our government pretends like they don't see it. I for one has been hit very hard and at this point, I am more interested in a solution because I don't think an end is near. What is the way forward for the less fortunate ones like me? How do we survive this phase? I am slowly losing my mind.
@dr.karidouglas1312
2 жыл бұрын
Practical steps: Vote wisely, Spend only on necessities, Pay attention to your health, Try to spread your income source & assets (locally and internationally) and while at it, always make correct inquiries so you don't throw your money in the wind or better still, get the services of a pro (that way, you give little room for error and save time for other side hustles). Made my first million earlier this year this way and can comfortably wait out this "phase".. Good luck!
@charlesharrison3207
2 жыл бұрын
@@dr.karidouglas1312 Amazing approach though its quite as easy... You mentioned something about using a pro., if it's not a bother, do you mind telling who or recommending any good one? I could definitely use help right now as my finances are currently in a terrible state... I look forward to your reply...
@stayhappy1161
2 жыл бұрын
easy. you are creating a lot of unnecessary tension for yourself. Its not that serious.
@dr.karidouglas1312
2 жыл бұрын
@@charlesharrison3207 Funny enough, I can honestly relate. Nobody said it was easy as it takes some level of decisiveness and discipline. I don't know if I am permitted to go into details here, but her name is "Leah Marie Sandock". Was in the news a lot in 2018. You may look her up for more.
@mrmoore2485
2 жыл бұрын
@@dr.karidouglas1312 wow I know this little lady. Once attended a fundraiser she was also in attendance in Vancouver,, Great speaker with a funny accent,, She's American though, I doubt she works with foreigners,,,
@Famcke
2 жыл бұрын
Kudlow you need to pull those suitcases out from that closet and dust them. President Trump is going to need you in the Whitehouse. No fooling around here 💙🙏🇺🇲
@amandaforsythe3729
2 жыл бұрын
We are already in a recession we are heading off cliff to the biggest depression America has ever seen so stop candy coating it.
@larryhall7998
2 жыл бұрын
You did not do well in school, did you?
@promethiac2641
2 жыл бұрын
Let me guess.. Vote Conservative? lol
@kimcissell1905
2 жыл бұрын
Global recession and the collapse of many countries economies.
@annking1576
2 жыл бұрын
@@larryhall7998 So what are you the spelling police or the auto correct police? Inflation numbers don't include energy or food, so yes, we are heading over a f-ing cliff!
@laurabeissel9345
2 жыл бұрын
@@larryhall7998 Larry, grow up ok??
@Phirebirdphoenix
2 жыл бұрын
corporations should repay the billions of PPP they raked in in 2020, that would fight inflation and win
@tbrown965
2 жыл бұрын
Got that right. The govt. should also roll back the trillion $$$$$ tax breaks that were given to corporate America & the 1% billionaires to hedge inflation for the lower income groups.
@wmason1961
2 жыл бұрын
If they do they will just pass it on to consumers causing even more inflation. Corporations don't pay anything. Ever. Their customers do.
@wmason1961
2 жыл бұрын
@@Phirebirdphoenix who is "we"?
@Phirebirdphoenix
2 жыл бұрын
@@wmason1961 exactly
@amir_fahmi
2 жыл бұрын
$57 billion for Ukraine while we're struggling with record high inflation 🎖️👏
@astridgalactic9336
2 жыл бұрын
Just heard last night they're talking about sending even more of our money to them. Sickening!
@5rings16
Жыл бұрын
And Ukraine is gonna get butchered!
@m1kcan1
Жыл бұрын
$20 billion of it now unaccounted for and likely split between Ukraine government officials and Biden and the senior Democrats in Swiss accounts.
@alexraubenheimer4305
2 жыл бұрын
Actually it isn’t unemployment, it’s laziness and entitlement
@deronforeman1764
2 жыл бұрын
Disappointed in Fox news reporting. Inflation is actually double what they say according to the old method of calculation and we ARE already in a recession according to the definition.
@trishwhitaker4891
2 жыл бұрын
Love these two. They know their stuff and they are entertaining even when things look bleak.
@bmphil3400
2 жыл бұрын
Unless they loosen energy policy a little you won't do anything to inflation. Food, fuel, shipping etc are being inflated by energy costs.
@amandaforsythe3729
2 жыл бұрын
Exactly!!!! I'm glad someone else gets this! We have to loosen oil regulations and get that pipeline going or this will never end. I hope everyone has guns and dogs in the upcoming apocalypse
@ronskancke1489
2 жыл бұрын
Absolutely. Everything needs to get from point a to point b and getting it there is costing twice as much as it did a few years ago. Thank the democrats for that.
@1ireneaustin
2 жыл бұрын
I see there are a few others that have studied von Mises
@frankblangeard8865
2 жыл бұрын
We don't have 10% inflation. We don't have 2% inflation. 4:38. What we have is inflation somewhere between 15% and 25%.
@waynehankinson8210
2 жыл бұрын
Yes I do believe they are cooking the books on the rate of inflation.
@timothy4557
2 жыл бұрын
When Art Laffer says "we're in a lot of trouble" you better believe we're in a lot of trouble.
@ripvanrevs
2 жыл бұрын
Inflation is year over year. If the gov't would quit giving away money, the inflation rates would go back to being low in another 6 months, but we would still have those high prices that will hurt people until wages can catch up. If employment starts going south, we will see 2008 all over again.
@WeRunderSeige
2 жыл бұрын
They want us broke and to lose our homes and vehicles so we comply and depend on them
@teejay8325
2 жыл бұрын
If you are the old bot, you know me well. Remember the feed last week where we pretend to disagree?
@stevenbrown5210
2 жыл бұрын
when E F Hutton speaks, people listen
@priceisright1580
2 жыл бұрын
@@ripvanrevs the financial crisis currently is greater than the 2008 finnancial crisis levels .. many economists said we passed the 2008 worst level months ago ..
@madfury3179
2 жыл бұрын
Somebody has to be held accountable for this disaster.
@Samp50
2 жыл бұрын
Yes they have identified the culprit, it is the 79millions Americans the MAGA crowd who voted for Trump...
@madfury3179
2 жыл бұрын
@@Samp50 You live in a parallel universe. Good thing about parallelism os that it never intersects, so I wonder what the hell you are doing here.
@Samp50
2 жыл бұрын
@@madfury3179 😀
@eddarby469
2 жыл бұрын
The taxpayers will be the ones held accountable.
@rommulus
2 жыл бұрын
It's called the Fed
@elizabethnowell
2 жыл бұрын
No kidding -lots of trouble! you helped cause this liberal democrat communist invasion ! 🤬
@elizabethnowell
2 жыл бұрын
Laffer is doing great for the course of communism takeover
@larryhall7998
2 жыл бұрын
Say what Comrade
@caseman1967
2 жыл бұрын
Sorry guys, but neither one of you are US. No offense, but neither of you are middle Americans, you are upper. You are on TV and in the spotlight. WE, the regular Americans are not in your class of income. You need to go to the streets and talk, but you won't.
@karlk9316
2 жыл бұрын
Art Laffer and Larry Kudlow understand what government policies, actions, and legislation work for everyday American citizens and for the Republic. But conservative Republicans have to be elected to take control of both the House and the Senate, and Pres Trump or someone very similar has to be running the executive branch. If you want to be helpful, support conservative Republicans' campaigns, volunteer to help your local Republican organization in your precinct.
@lawrenceclose8980
2 жыл бұрын
I still say inflation is going over 10%, you haven't got the heating oil factored into this yet
@amandaforsythe3729
2 жыл бұрын
As son as the inflation reduction act is implemented itll go over 20
@stormysyndrome7043
2 жыл бұрын
When the rail folks go on strike, it’s gunna be absolute craziness.
@jamesrobertson6255
2 жыл бұрын
Jesus said “ but do not be troubled. ALL these things must come to pass”. BELIEVE!!!!! The’re no troubles!
@snowman333-
2 жыл бұрын
why do we never talk about overpaid executives but minimum wage workers
@thedalillama
2 жыл бұрын
You people never shut up about executive pay. If you think they are paid too much, apply for one of those jobs.
@SpaceSailor-tu3vl
2 жыл бұрын
How are they going to pay for the unemployment and the increase in welfare payments. And not effect the inflation
@nedda102
2 жыл бұрын
Thanks so much 🥰
@DreamlikeNightmares
2 жыл бұрын
Looks good for the dems not taking 2024.... We have been on pain since they took office. Do you really think we want 4 more years of it?????? 🤣🤣🤣🤣🤣
@larryhall7998
2 жыл бұрын
Looks like you should of taken 4 MORE YEARS of English!
@krisw8597
2 жыл бұрын
I’m afraid they will cheat the system again……
@jameshayden3952
2 жыл бұрын
The Hall hole found you used an O nstead of an I. He be genius.
@JEEDUHCHRI
2 жыл бұрын
@@larryhall7998 Yes, they should’ve!
@davidharvey5065
2 жыл бұрын
Unfortunately you're completely wrong. The Democrats will never lose power again. When you control all branches of government you can do whatever you want. No matter how many vote the opposite way Democrats will win every election. Remember Democrats are who counts the votes. Who counts the votes is who wins.....
@Tom-mu7zy
2 жыл бұрын
Zimbabwe teaches us that you can have 70% unemployment and still have 2000% inflation. All you gotta do is print, print and print some more.
@FARBOLUOS
2 жыл бұрын
The key is to open up oil production. We know that is not going to happen with this bunch at the WH. Sooooo, the best we can hope for is a Republican Congress and wait out the election of a Patriot Republican President.
@1ireneaustin
2 жыл бұрын
there is no growth without energy!!!!
@tracyallen6722
2 жыл бұрын
If people don’t have jobs people can’t spend money if people don’t spend money prices come down. Good plan guys.
@eastonlee5102
2 жыл бұрын
When they are never happy! Lol!
@bengray423
2 жыл бұрын
Don't worry Biden says economy is best ever! 😅🤣😂😆😁
@drew6116
2 жыл бұрын
He did not say that
@promethiac2641
2 жыл бұрын
Its fake so we can pretend whatever we want
@arthurbrumagem3844
2 жыл бұрын
@@drew6116 he inferred it regarding jobs and unemployment among other idiotic statements he mutters
@mikecole1664
2 жыл бұрын
If you actually go to a grocery store and pay attention to prices of exact same items, inflation has easily increased 25% to over 100%. For example: Eggs have gone from about $1.50/dozen to $3.00/dozen (and higher) over the last 12-18 months. This is real life inflation, not academic inflation. Personally I refuse to buy certain items at an absurd price and look elsewhere (Walmart for example) or just purchase on sale. Or just do without. This is, imo, the best way to bring down inflation. If manufacturers and stores see sales declining because of high prices they will lower prices.
@rhwinner
2 жыл бұрын
Hard to believe Art is older than Biden....
@marilynmack6233
2 жыл бұрын
10 percent? Larry, you are dreaming. It is closer to 20 and will get worse after the mid terms. The 87,000 new IRS AGENTS should bring the unemployment rate down a bit, yes?
@matthewmosier8439
2 жыл бұрын
It's salvagable. We need to basically delete half of regulations (except on Leftwing ventures such as environmental/ green energy, they believe in the importance of regulation so they will happily keep theirs, I'm sure) and we need to cut 3/4 of government jobs plus add personal visits to "disabled" people to see if they are actually disabled, and remove the right to vote from any citizen who is currently receiving the majority of their income from the taxpayers, until they cease to do so.
@larryhall7998
2 жыл бұрын
I guess it you are buying that the IRS is taking on 87,000 new Agents you will buy anything. I have the Brooklyn bridge for sale!!
@marilynmack6233
2 жыл бұрын
Biden has authorized ,87,000 new jobs for IRS Agents. Whether anyone applies is a matter of their conscience. The point is, Biden has CREATED those open positions. Thanks for the offer, but I will be passing on that bridge. LOL
@Oheeeoh
2 жыл бұрын
I remember getting a 16% 5 year CD with money my grandma gave me in the early 80's.
@mjsyankee1750
2 жыл бұрын
They may know their stuff based on 1980s. It’s 40 years later, and demographics and morals are totally different. 30 plus trillion in debt and raising interest rates is very troubling. Nothing grows forever… perpetual growth is a fantasy. Plain greed.
@christopherelia
2 жыл бұрын
Vote Republican! Get us out of this mess. And impeach the hell out of Biden.
@brettnivinski8421
2 жыл бұрын
Laffer is the man. Jack Kemp rest in peace.
@blue-fj9ky
2 жыл бұрын
The supply siders recognize that the nature of life is to evolve and progress. Free markets harness that. That's why this crew are all happy warriors..so unlike the dark, complaining Marxists!
@mariestevenson9459
2 жыл бұрын
Impeach Mr Biden
@corneliahenriettaalbert5174
2 жыл бұрын
With inflation running at half a year high, a Recession is now the ‘most likely outcome for the economy. How can I grow my portfolio to outpace inflation and maintain a successful long-term strategy? I have been reading of investors making about $3million dollars profit in this current crashing market, and I need ideas on how to achieve similar profits..
@karenkatherine4956
2 жыл бұрын
Trading with Josef Dennis signals completely altered my perspective on bitcoin because, despite everyone's complaints and fears, I was able to expand my portfolio from 6 BTC to 27 BTC in just 7 weeks with active trading…
@richardnicholas9654
2 жыл бұрын
Always backup your trading with a good strategy, else the bear market will hit you so hard, and you might wake up losing your saving, that's crypto for you.
@richardnicholas9654
2 жыл бұрын
I never had the opportunity to benefit until i meet Josef Dennis. that's when i started earning real good at first I invested 3BTC and earned 10.5BTC in just 1months of trading
@castroguo4424
2 жыл бұрын
Crypto currency and NFTS will outsmart the banking system in the nearest future serving as a global fiat. Already making over 85% profit from my current investment with the help of Josef Dennis's signal
@lucyameliaflynn4768
2 жыл бұрын
Nice I'm interested.
@greatoutdoors6074
2 жыл бұрын
Trump must be held accountable for his high treason!
@rockbass7027
2 жыл бұрын
Be specific, with evidence that isn't from the media. Common sense would say if he actually did anything Democrats would already have him in custody lol. Keep trying though I'm sure eventually they'll make something up that will grant your wishes and hateful thoughts for someone who did nothing to you.
@com2375
2 жыл бұрын
Obiden caused it
@karlk9316
2 жыл бұрын
The Wuhan virus set the stage for Obiden.
@frederickmatthews4259
2 жыл бұрын
Brilliant analysis
@jerryhadler8835
2 жыл бұрын
People so poor they have to try to swindle people out of money on KZitem comments .
@55points
2 жыл бұрын
was thinking the same thing lately with all the get rich quick peeps on here. lolz...
@scottowensbyable
2 жыл бұрын
Its crazy, but it must work. Thieves
@larryhall7998
2 жыл бұрын
The dumbest people alive are on Fox news channel's, you see why they are here!
@purpledude5526
2 жыл бұрын
I love that attack ad from Tim Ryan. I get ohio ads since im in ohio. Diasble old woman telling how she lost her son and blames JD Vance. Typical heart string pullers. Ill be Voting for Vance. Have a nice life old lady. Your almost in the box anyway and youll still be voting Dem Lol
@oliveoil7642
2 жыл бұрын
Sadly many people have become dependent on measly government handouts of their own 💰 money.
@stevestewart007
2 жыл бұрын
Wouldn't that then be "depression" instead of "recession"?????? Either way, inflation isn't going to come down to 2%, nor unemployment only to 6.5%. Do those folks use abacuses?
@kimcissell1905
2 жыл бұрын
The supply will continue to be interrupted and more companies closures and lay offs to come. It is difficult to pay taxes in a depression and economic collapse. Thus the 80 some billion armed IRS agents come and take everything that you have.
@ketherwhale6126
2 жыл бұрын
Get a divorce. Red States form their own nation - the end.
@stephaniehampton3525
2 жыл бұрын
LET'S GO BRANDON!!! I WANT MY TRUMP BACK 😤
@aaronhuffman4852
2 жыл бұрын
Don’t worry we’ll just pass another inflation bill! C’mon man! 🤣
@mikestroud9969
2 жыл бұрын
Yep. Let's go Brandon FJB
@robertmuellerbillcallsmeBob
2 жыл бұрын
What positives do people who vote Democrat see in destroying their home..?
@sail6967
2 жыл бұрын
They don't understand what is happening. They just want their side to win. They never think what is best for the country. I suspect they are too ignorant to realize the mistake voting Democrat really is.
@SPNSO-js4hx
2 жыл бұрын
They can't see past their hatred of America.
@craigs1437
2 жыл бұрын
Because they are drug addicts, sociopaths, psychopaths, borderline personality disorder, and a host of other evil, de-generate traits.
@rogertayloRRR
2 жыл бұрын
If you get rid of the private central bank (the fed) that takes power away from a country to create its money it would help
@edwardsharpe6234
2 жыл бұрын
Do you think they would ever relinquish their control. Any one who tries to get rid of the Fed will be eliminated.
@jillgiachino8086
2 жыл бұрын
We are in trouble when companies and the rich don't pay taxes.
@johnstovall5146
2 жыл бұрын
Companies don’t pay taxes. The taxes they owe are added to their product price and the consumer pays the tax.
@jillgiachino8086
2 жыл бұрын
@@johnstovall5146 Make it 10% for all and companies.
@johnstovall5146
2 жыл бұрын
@@jillgiachino8086 then the price of your purchases will increase 10%.
@jillgiachino8086
2 жыл бұрын
@@johnstovall5146 fine, as long as we all pay 10 percent. ✌️
@ctrl.alt.delete.7045
2 жыл бұрын
WHY AREN'T REPUBLICANS SAYING ANYTHING ???? ABOUT ANYTHING
@leroyvandrie3611
2 жыл бұрын
They don’t want to look as thou they to far ahead right now. Keep the faith and do not be discouraged. All negativity is coming from WH Policies. We have a lot to be grateful for. Namely people seeing what’s going on and wondering why are things SO bad for the American people right now? Thanks!🕊
@JusticeTbone
2 жыл бұрын
1 billion marker removed and 35 Trillion SEC allows OCC to tap into pension funds to alleviate default? Help us Larry!!! 🙏
@JusticeTbone
2 жыл бұрын
@@dorothymartin8557 it’s ok. There’s lots of undereducated “old fogey’s” out there. You’re not alone so don’t feel singled out.
@SeaDrive300
2 жыл бұрын
As Jimmy Rogers always said, Kudlow knows nothing about price inflation because his butler does all his shopping for him. And Art Laffer still owes Peter Schiff a penny...
@amir_fahmi
2 жыл бұрын
The Ron Paul's revolution gave birth to Trump's MAGA movement. Both are great patriots. 🇺🇲.
@KungPowEnterFist
2 жыл бұрын
I don't understand the premise of this video. Are you saying 6.5% unemployment would be bad? I started working in the late 80's, and I can say without any doubt that the job market of the last 12 months is the absolute worst job market I have ever seen. Productivity is basically zero. If you try to get someone to do work (as in the job they were just hired to do), they just threaten to quit and get a job across the street for a 10, 20, 30 percent raise. Ask them a second time, they quit, and off they go to get their big raise. Meanwhile, you are now going to have to do their job on top of yours, and you are not getting a raise for this. So you quit, get your big raise, and on and on we go. 6.5% unemployment isn't going to fix this. We need to see double digits if we are ever going to return to any semblance of a productive society. "Pro growth" policies? Are you insane?
@com2375
2 жыл бұрын
No fooling. Sorry sarcastic. Electric bills are in the way to being more than 600.00
@frederickmatthews4259
2 жыл бұрын
Unless you have solar panels
@loreanna67
2 жыл бұрын
There's another problem as well. Kids in this generation do NOT want to work for minimum wage. Back when I was a kid, we worked at fast food places while still in highschool for minimum wage. As we got older, we moved to higher paying jobs and grew up being productive members of society. Today's kids want to sit on social media and get paid to act like fools (as long as it lines the pockets of KZitem', Twitter etc). In the last 15 yrs, it's the adults working minimum wage jobs, while the kids are sitting home on their computers, or playing video games online. Today's kids have become so lazy, I weep for my grand childrens future. And their parents are directly responsible for this outbreak of entitlement. Open borders... Don't even get me started. This is a direct result of so called "Democrat leadership"
@stevenartascos2918
2 жыл бұрын
We're going to need a Bigger boat!!!
@roderickballance6960
2 жыл бұрын
Won't "Washington" policy not induce 8.25% Unemployment with an inflation level of 3.75 - 4.5 % ?
@kimcissell1905
2 жыл бұрын
Too fra rinto debt. They raise interest rates and the US dollar is worthless..
@johnpripusich2876
2 жыл бұрын
So great to listen to two smart people with experience.
@virtual240
2 жыл бұрын
It's simple: corporate executive greed has ruined this country.
@gmarie701
2 жыл бұрын
Failure to abort idiot termites like you is the single worst problem. FJB and you.
@cannong1728
2 жыл бұрын
FJB LGB
@tatersalad6872
2 жыл бұрын
When every business is struggling to find employees how on earth do they get an unemployment number of 3.5% lol
@amandaforsythe3729
2 жыл бұрын
Good employees there's a difference
@hernanlecea7041
2 жыл бұрын
Figured lie and liars figure about inflation.
@RussJAlan
2 жыл бұрын
Because they're NOT. It's a lie.
@editname9576
2 жыл бұрын
@@hernanlecea7041 profound my boy
@johnnybravo1196
2 жыл бұрын
Keep voting Democrat America, this is the result!
@joanshealy1662
2 жыл бұрын
I thought Biden said we had 0 inflation??
@toneman335
2 жыл бұрын
Democrat's way to deal with the economy ....spend and waste tax Dollars. Then raise taxes to be able spend and waste more money. and when all else fails print Trillions more to cause inflation.
@sharonvanderpool2341
2 жыл бұрын
I think we're already at 6%, they just haven't told us cuz there's a lot of people I know that are not working
@annking1576
2 жыл бұрын
Sharon, we're WAY beyond 6% inflation! Don't forget that energy & food are not included in the governments numbers! How much higher is your grocery bill as compared to last year? It's probably 25% higher!
@Dude0000
2 жыл бұрын
@@annking1576 think she meant unemployment.
@thoneybadger95
2 жыл бұрын
They believe in crushing demand….?? Now where and what school to just an ordinary guy living every day does that thinking makes any sense….
@bigdindallas1
2 жыл бұрын
here. it's saying no views! four so far!!!?!??
@watsonboggs318
2 жыл бұрын
We are in a lot of trouble, wow, what a understatement. Understatement, that's all I can say.
@jfausset
2 жыл бұрын
that's right, Art! we just need tax cuts! We should just pump and pump and pump all the reserves into the economy we possibly can and price out everyone who's not already in the assets. Loose monetary policy is the poison that made us sick. Crush the Fed's balance sheet to undo all of this.
@teejay8325
2 жыл бұрын
Memo you never talk like this. What happened? Did the nanites from jab affect your personality?
@williamc4221
2 жыл бұрын
What about the debt? A little bit more today than in the 1980's.
@spellbreaker6609
2 жыл бұрын
What about this plan to change us to Binden dollar and know what we are doing 24/7?
@janiemiller825
2 жыл бұрын
Rents doubled in south Florida That’s huge inflation - way more than 7% inflation!
@davidlalremruata
2 жыл бұрын
Reaganomics or something like that used to be a term to describe the economy under President Ronald Reagan, right?
@tbrown965
2 жыл бұрын
Known as trickle down economics which was a dismal failure. I was at the lower end of the earning spectrum during those years & never, ever saw one iota of evidence that trickle down economics was working in our economy.
@ronniemcmeans5843
2 жыл бұрын
Get Trump back in
@nephetula
2 жыл бұрын
Finally! Someone other than me says it: "We need a low-rate flat tax". Tax is only fair when everyone (and every company) pays the same percentage rate. ALL forms of income (not just earnings) must be taxed, and taxed at the same rate - no exemptions, no deductions, no offsets, no deferred earnings, no loss credits, no depreciation, no exclusions of any kind.
@TarBoysWorldWide
2 жыл бұрын
Flat tax is a hoax perpetrated by the mega rich (like Steve Forbes) as “fair” when it’s actually unfair to the poor. Steve Forbes can pay 20% and still have billions but a single mom who needs every last dollar to survive can’t afford it.
@JS-bk4pn
2 жыл бұрын
No loss credits? If you lost money you shouldn't have to pay taxes on that. Income is earnings, without earnings it's just revenue.
@1ireneaustin
2 жыл бұрын
yeah, but if we don't have a graduated income tax then they can't institute communism. see how that works?
@Zebrazone99
2 жыл бұрын
Same thing happened in Obama's administration. High taxes High unemployment stagnation inflation and a mess
@horsenoname7854
2 жыл бұрын
There should be a 7 year tax forgiveness period for working class 🙏
@John-ef8pz
2 жыл бұрын
How about stop paying taxes!!!!! Period
@phobicismist5858
2 жыл бұрын
One thing I've learned watching Fox over the years is that every host, and every guest, wrote a book.
@astridgalactic9336
2 жыл бұрын
Most of which were written by ghost writers.
@BradSabako
2 жыл бұрын
That’s what experts do, to make income.
@eliseand35173
2 жыл бұрын
You think it’s bad now? Give it a couple of quarters….😳
@dustenbly
2 жыл бұрын
We can thank the national governors association for being partners with the WEF since 2018.
@olivierauberger
2 жыл бұрын
Art Laffer is 82 years old. Remarkable.
@Hooyahfish
2 жыл бұрын
This is hilarious the Fox News is complaining that unemployment is too low. Gtfoh.
@joshuabeatty7406
2 жыл бұрын
Obviously your tone deaf nobody's complaining that the Unemployment is low The complaint is Feds printing money that's causing inflation
@buckhorncortez
2 жыл бұрын
NOWHERE, in the entire presentation did they "complain" that unemployment is too low. You really don't seem to understand what is being said. What Laffer and Kudlow said was unemployment DOES NOT have to be high in order to bring down inflation. Try listening from 1:10 through 1:26 again where it is said that what the current Fed is doing will bring higher unemployment and then Laffer says, "...in my model and your model you provide more goods which bring more growth..." They're arguing you don't have to have high unemployment to bring down inflation. Try listening and understanding before you make idiotic comments that prove you have no idea what is being said.
@robertbyers2021
2 жыл бұрын
Pay attention!! That's not what they said! No wonder people vote for democrats, they don't have a clue! Can't even understand a simple subject in a conversation?
@deloresosborne2818
2 жыл бұрын
👍🤣
@TROLLBUSTER12
2 жыл бұрын
No they're not they're saying it's going to go up.. people stop buying stuff people get laid off.. duh!
@notnavajo
2 жыл бұрын
You need someone in the White House that knows what to do. Not what they want to do.
@OneWildTurkey
2 жыл бұрын
Letting them get away with 'unemployment' instead of 'Govt unemployment RATE'.
@boydlittou9446
2 жыл бұрын
We got to get the crimocrats out of demolition control in Nov or we're screwed. Period.
@stevecarmack6267
2 жыл бұрын
Two of the smartest economic guys in the game. If only the current administration would pay attention and stop pandering to the extremes of the left.
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