Return to Prosperity: How America Can Regain Its Economic Superpower Status | Strategies for Economic Growth & Global Leadership | Business & Policy Book for Entrepreneurs, Investors & Policymakers
Return to Prosperity: How America Can Regain Its Economic Superpower Status | Strategies for Economic Growth & Global Leadership | Business & Policy Book for Entrepreneurs, Investors & Policymakers

Return to Prosperity: How America Can Regain Its Economic Superpower Status | Strategies for Economic Growth & Global Leadership | Business & Policy Book for Entrepreneurs, Investors & Policymakers

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Description

"WE CAN'T TAX AND SPEND OUR WAY BACK TO THE GOOD TIMES." -- Arthur B. Laffer and Stephen MooreWhen Arthur B. Laffer spearheaded the theory of supply-side economics and became a member of President Reagan's Economic Policy Advisory Board, he took his place as an economic icon. More recently, he joined with Stephen Moore and Peter J. Tanous to write The End of Prosperity -- a clarion call delineating what is wrong with current political approaches to America's present economic challenges. Steve Forbes himself described The End of Prosperity as "brilliantly insightful," saying "READ IT -- AND ACT!"Now Arthur Laffer and Stephen Moore follow the rousing success of The End of Prosperity with a book even more vital to America and Americans, delivering a plan that shows how our country can regain its lost prosperity. With the economy flat on its back, unemployment at a twenty-five-year high, and the housing default crisis still worsening, is this even possible? But America can once again become the land of economic opportunity, and this brilliant new book tells us exactly how.While President George W. Bush and President Barack Obama may hail from different parties, their response to the crisis has been strikingly similar. The Bush-Obama plan is a failure that has produced nothing except a cascade of trillions of dollars of debt. Is the situation hopeless?No, say Arthur Laffer and Stephen Moore resoundingly, the situation is not hopeless. A return to prosperity is still entirely possible...if the correct strategies are followed. In The End of Prosperity, the authors primarily discussed how lower taxes are essential to economic growth. Now, in Return to Prosperity, they detail the other essential components: putting government at all levels on a low-fat diet; emphasizing debt reduction and retirement; and bringing back the investor class in America, where every American can "own a piece of the rock."In a time where most of the proposed solutions are fraught with peril, the argument provides a refreshing counterbalance. The Return to Prosperity is a prescription that gives America the fundamental tools it needs in order to set about recovery. This book is an urgently needed road map to renewed prosperity, and it is vital reading for anyone who worries that the current economy is faltering, with no clear plan articulated for recovery.

Reviews

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- Verified Buyer
Economics can be a really boring genre, but the way Art Laffer explains all the topics of today, it's a real pleasure to read. He talks about the cash for clunkers, minimum wage, bailouts, and of course the big elephant, taxes of all shapes and sizes from income to capital gains. He uses real IRS/Treasury data to validate his points, and cites every fact or claim. When you're done reading the book, you shake your head and say if only one tenth of our population would have some basic understanding of how our economy should work vs how government interferes, people would vote with their minds instead of their traditions. Like JFK said, "all too often we enjoy the comfort of opinion without the discomfort of thought." And, yes, I got that quote from this book. I would encourage all people to read this book and awaken the "freedom" spirit that is inside all of us, that less is more, that less government involvement means more for all of us.
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