The End of Prosperity ─ How Higher Taxes Will Doom the Economy--if We Let It Happen
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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.
On the eve of a critical presidential election, Laffer, Moore, and Tanous provide the factual information every American needs in order to understand exactly how we achieved the prosperity many people have come to take for granted, and explain how the policies of Democrats Barack Obama, Hillary Clinton, and Nancy Pelosi can cause America to lose its status as the world's growth and job creation machine.
The End of Prosperity is essential reading for all Americans who value our nation's free enterprise system and high standard of living, and want to know how to protect their own investments in the coming storm.
作者簡介
Arthur B. Laffer, Ph.D., is the founder and chairman of Laffer Associates, an economic research and consulting firm. A member of President Reagan’s Economic Policy Advisory Board, he invented the Laffer Curve and triggered a worldwide tax-cutting movement in the 1980s. Dr. Laffer received a B.A. in economics from Yale University and an MBA and Ph.D. in economics from Stanford University. Stephen Moore is a Senior Economics Writer for The Wall Street Journal editorial page, a CNBC-TV economics contributor, and a former president of the Club for Growth. Peter J. Tanous, president and CEO of Lynx Investment Advisory, is the author of numerous books about finance and investing, including Investment Gurus.
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