RPC Must Read August 4, 2011

 

Lessons for the Current Economy

 

With stagnant economic growth and lagging indicators, it has become increasingly obvious that President Obama’s policies are not working for the American people.   Republicans have long argued that the President’s solutions cannot solve the problems facing the economy.  In the attached documents, famed Reagan Economist Arthur Laffer explains why the President and his allies have learned the wrong lessons from the Great Depression and how current U.S. fiscal and monetary policy is hindering U.S. economic recovery.