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Art Laffer
Laffer Associates (former Reagan economist)
First call on the ledger
No calls filed yet. Quotes in curly quotation marks are verbatim; everything
else is a labeled paraphrase. Every call links its original source. Before you trust the call, check the record.
Where they stand
Views on the record but not scoreable bets: no single number and deadline to grade. Shown in their exact words, never scored.
long-run tariff economics. shown alone it implies opposition to current tariffs, which he explicitly supports as tools; his stated worry is the NEXT president
“tariffs are a real prosperity killer”
his stated stance. prompted echo of the host framing with an immediate qualification
“I am not in favor of tariffs”
HoldFed
hedged · 2026-07-24
what the Fed should do next week. advice-type whose meaning is directional toward hold; he separately wants the balance sheet cut
“doing nothing would be probably the best thing to do”
He notes core CPI is 'really only 2.6% over the past 12 months' @3:15 despite the energy bump, and adds 'when the cessation of hostilities occurs in Iran, I'm expecting that inflation number to come way below the Fed target' @3:56, calling the 2% target 'silly' and endorsing zero inflation @4:17. Whisper once garbles Warsh as 'Kevin Washington' @3:25.
“I think Kevin Warsh is going to stabilize prices, bring inflation down to approximately zero over the next 10, 15 years.”
Answering why real household income rose more under Trump than Biden, he opens 'Solely because of policies, Larry, that's all it is' @1:01 and claims the tax bill 'paid for itself in revenues' @1:17. Retrospective attribution on charts the host displays.
“He did the Tax Cuts and Jobs Act in the first term, he made it permanent in the second term, and both of those led to an increase in the growth rate of the U.S.”
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