

Art Laffer: The Foundation Is Now Laid For An Economic "Golden Age"
Jul 10, 2025
Arthur Laffer, a key economic advisor to President Trump and known for the Laffer curve, shares insights on the potential for a U.S. economic 'Golden Age.' He discusses how tax cuts and deregulation may drive GDP growth up to 5% and their implications for employment. Delving into the challenges of fiscal responsibility, he emphasizes the need for sustainable policies while advocating for bipartisanship in tax reform. With a positive outlook on investment trends, Laffer highlights the importance of collaboration for America's economic future.
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Key Economic Agenda Locked In
- The passing of the Big Beautiful Bill secures the Trump administration's key economic agenda permanently.
- Its provisions create a foundation for sustainable growth and economic stability.
Tax Cuts Can Boost Revenues
- Tax cuts can increase federal revenues by stimulating growth and reducing tax avoidance.
- Forecasts assuming tax cuts worsen deficits often overlook dynamic economic responses.
Enforce Work Requirements
- Implement work requirements for disability insurance to ensure funds go to truly disabled.
- Design eligibility criteria carefully to minimize errors but maintain system integrity.