Joe Biden's $3.5 trillion social spending package is exactly the wrong thing that one could do for the prosperity of the United States, warned Arthur Betz Laffer, a member of Ronald Reagan's Economic Policy Advisory Board from 1981 to 1989, during the programme "Spending Gimmick: The True Cost of Biden's Agenda".
The Reagan administration's economic guru Arthur Laffer joined Just the News founder John Solomon's virtual discussion of the US president's multi-trillion spending initiative with GOP lawmakers including Rep. Chip Roy and other conservative thought leaders on Thursday evening. According to the economist, Joe Biden's bill "is a catastrophe and will hurt the economy for generations to come".
