Art Laffer Stephen Moore Doomed to Fail

ISBN 13: 9781621571636

Doomed to Fail

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9781621571636: Doomed to Fail

Popular economists Art Laffer and Stephen Moore expertly analyze how Obama’s policies have wrecked the economy, aggravating the worst economic recession since the Great Depression, and setting America on track for an epic and unavoidable crash. Laffer and Moore tell the stories you haven’t heard from the mainstream media about how Obama’s policies have utterly sabotaged the American economy, and in their trademark approachable and readable style describe the steps America needs to take to get back on track.

In Crash Landing, Laffer and Moore constrast Obamanomics with Reganomics, demonstrating how the Reagan Recovery worked—and took the opposite approach to virtually every policy Obama has implemented in his first term and plans to continue in his second. Laffer and Moore present complex economic data in a readable, accessible manner, so all readers can see how damaging Obama’s policies have been to the American economy. Laffer and Moore deliver indisputable evidence that:


  • Obama is ushering in inflation that rivals 1970s levels
  • The Obama Administration and its allies have calculatedly deceived voters about the role of tax cuts and deregulation in the recession
  • The EPA’s global warming crusade is little more than another costly tax
  • Obamacare will raise health costs, hitting Americans’ wallets when they’re already down for the count
  • The “welfare cliff” actually discourages people from finding work because taxes mean they’ll make less than they could on welfare when unemployed

Laffer and Moore delve deeper into these issues by dissecting three “states of despair” as small-scale examples of what’s coming for the rest of America: the debt-plagued and financially strapped New York, California, and Illinois.

Crash Landing is more than a diagnosis, however—it’s a prescription for how to get America back on the path to prosperity. In the final chapters Laffer and Moore describe in precise detail the changes we must make to reinvigorate our economy and keep it healthy.

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About the Author:

Art Laffer was one of Reagan’s most prized economic advisors, and the inventor of the “Laffer curve,” the theory that there is a specific tax rate that can maximize government revenue, beyond which higher taxes are not conducive to higher revenue. He is the co-chairman of the Free Enterprise Fund.

Stephen Moore sits on the editorial board of the Wall Street Journal and frequently comments on economics and public policy in its pages and on national TV. He founded The Club for Growth and the Free Enterprise Fund, and is a noted economist and political thinker.

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