The End of Prosperity: How Higher Taxes Will Doom the Economy--If We Let It Happen (edit title)

Shelfari edited the description of The End of Prosperity: How Higher Taxes Will Doom the Economy--If We Let It Happen Sunday, August 2 2009.

• 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. 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.

Shelfari edited the contributors of The End of Prosperity: How Higher Taxes Will Doom the Economy--If We Let It Happen Tuesday, July 21 2009.

• reordered the contributors.
• 1 : Arthur B. Laffer:

Shelfari edited the contributors of The End of Prosperity: How Higher Taxes Will Doom the Economy--If We Let It Happen Thursday, July 16 2009.

• Added a contributor: Arthur B. Laffer: (Primary Author)

Peiyu W edited the quotations of The End of Prosperity: How Higher Taxes Will Doom the Economy--If We Let It Happen Monday, July 13 2009.

• Added a quotation: “And moving up the ladder is the rule, not the exception, in America today”
• Added a quotation: “Barack Obama and many other leading Democrats favor a windfall profits tax on oil companies and anti-price-gouging laws”
• Added a quotation: “Ford's biggest failing was in misunderstanding how to combat inflation, which was still raging”
• Added a quotation: “Nixon saw federal spending as stimulatory for the economy, and that is when he declared himself a Keynesian”
• Added a quotation: “Our true choice is not between tax reduction, on the one hand, and the avoidance of large Federal deficits on the other”
• Added a quotation: “Tax revenues were falling because rich people were fleeing the state in record numbers”
• Added a quotation: “The greater net wages received, the more willing a worker is to work”
• Added a quotation: “The short answer is that we aren't just optimists, we are first and foremost realists”
• Added a quotation: “the top 1% received 60% of the gain from the 80's boom”
• Added a quotation: “Today the poor generally have access to more modern goods, services, and technologies than the middle class did in the middle of the last century”
• Added a quotation: “What we have not been able to get the politicians to understand, though, is that you can't get rich people to pay more in tax revenues by raising their tax rate”