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President George W. Bush and President Barack Obama may hail from different parties, but their response to the crisis has been strikingly similar. The Bush-Obamanomics plan is a failure, only producing increased unemployment and a cascade of trillions of dollars of debt. We can’t tax, spend and borrow our way back to good times. The Treasury’s credit card is tapped out.
Return to Prosperity: How America Can Regain Its Economic Superpower Status lays out the roadmap for recovery and growth. Simply put, the keys to prosperity are low, flat rate taxes; government spending restraint; sound and stable money; free trade; and minimal regulation. This book is not replete with platitudes. It gives concrete proposals on how to return to prosperity using common sense principles of good economic behavior.
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 for both of his two terms, he popularized the Laffer Curve and triggered a world-wide tax-cutting movement in the 1980s. Dr. Laffer received a B.A. in economics from Yale University and received a MBA and Ph.D. in economics from Stanford University. He is a co-author of The End of Prosperity.
More About the Speakers
Arthur B. Laffer, Ph.D.
Phillip N. Truluck
Executive Vice President