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The End of Prosperity How Higher Taxes Will Doom the Economy If We Let It Happen – Arthur Laffer, Stephen Moore, Peter Tanous

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  Arthur Laffer – the father of supply-side economics and a member of President
Reagan's Economic Policy Advisory Board -- joins economist Stephen Moore of The Wall Street Journal editorial board and
investment advisor Peter J. Tanous to send Americans an urgent message: We risk losing the exceptional standard of
living that has made us the envy of the rest of the world if the pro-growth policies of the last twenty-five years are
reversed by a new president.
  
  Since the early 1980s, the United States has experienced a wave of
prosperity almost unprecedented in history in terms of wealth creation, new jobs, and improved living standards for all.
Under the leadership of Presidents Ronald Reagan and Bill Clinton, Americans changed the incentive structure on taxes,
inflation, and regulation, and as a result the economy roared back to life after the anti-growth, high-inflation
1970s.
  
  Now the rest of the world is following the American economic growth model of lower tax rates, more
economic freedom, and sound money. Paradoxically, one country is moving away from these growth policies and putting its
prosperity at risk – America.
   
  
  
  
   						

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