Better than Bret Baier w/Sec.Sebelius:Berkowitz w/Art Laffer [Reagan adviser] & Steve Moore [FNC & WSJ] on Prosperity,Tax Cuts & Obamanomics;Streaming
Art Laffer [former Reagan economics adviser]: We all want to see the poor do well. But, you don’t make the poor rich by making the rich poor. The dream in America has never been to make Beverly Hills look like Watts. The dream is...[Watch the show w/ Laffer and Moore here]
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Jeff Berkowitz: Art, is it just an empirical difference [of opinion in terms of reading the data] between you and say, Austan Goolsbee, one of the [economic advisers] to Barack Obama from the University of Chicago. They would say that you over-estimate these empirical effects: yes, as you tax...
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Jeff Berkowitz: If you had to assign blame, to be fair, would you put a lot of the blame on George Bush, Bernanke at the Fed, Paulson at the Treasury because those were the three who came up with the $700 billion bailout before Barack Obama was President.
Steve Moore [Fox News Channel and Wall St. Journal editorial page writer]: This was a crisis that started under George Bush. There is no question that Barack Obama inherited this crisis. The problem is that he’s, in my opinion, just doubled down on the Bush policies. …
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This week’s suburban edition of Public Affairs features clips of Art Laffer [inventor of the "Laffer Curve,"/former Reagan economics adviser and Steve Moore, Fox News Channel and WSJ] talking about aspects of their book [authored with Peter Tanous], "The End of Prosperity: How Higher Taxes will doom the Economy- if We let it Happen." The discussion occurred at the home of Moore's sister [Kathy Dodd], an Obama supporter, and her husband in Wilmette, IL [The best educated zip code in the country, according to its Congressman, Mark Steven Kirk, ironically one of eight Republican representatives to vote for Cap and Trade, allowing it to pass the House this past Friday by a margin of seven votes. Cap and Trade is one of the two major pieces of Obama's current legislative program that Steve Moore argues "has to be stopped." The other is National Healthcare] [Watch the show with Laffer and Moore].
Laffer and Moore answer questions from Berkowitz and others during the program, and Moore is interviewed separately by Berkowitz during the program. The emphasis of the program is on Supply Side, what it is and how it is integral to understanding economics. Also discussed is Obananomics and how it is attempting to reverse the economic trends of the last few decades and what that reversal would mean for economic proserity in the United States. Laffer further discusses how if he were "father of the world," he would want to help those who were dealt a bad hand or who might find themselves, for various reasons, at the low end of the wealth ladder, but that there are "supply side costs," to doing so, and those costs have to be considered as a matter of public policy formation.
The discussion by Laffer and Moore was attended by a group of sixty, or so, interested in learning more about supply side economics. That group included Dan Proft, who recently became a candidate for Governor of Illinois in the 2010 Republican Primary, and who, this journalist is reasonably sure, would consider himself a devoted "supply sider."
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Art Laffer [Laffer Associates]: …These guys, they [the Obama Administration] don’t understand how to run things, I mean they really don’t. And, they don’t get it. And, they have no doubts as to their own accuracy…they’ve never been held accountable for their own actions, literally. They’ve never had a bad trade, they’ve never lost a wife, they’ve never been humbled. [Ed. note: I don’t know about "never losing a wife," but they have had a few losses along the way. Barack Obama, in his words, “got spanked,” 2 to 1 in his run to unseat Cong. Bobby Rush (D-Chicago, 1st CD) in 2000; Rahm Emanuel got demoted and exiled from the White House for being a bit too abrasive when he went to work, early on, for President Clinton; David Axelrod got Elliot Spitzer elected as Governor of New York, only to see him fall from grace and have to resign]. And, so what you’re going to see happening is they’re way over-reaching… I’m different from Steve [Moore] on this one... I’m not working real hard to stop cap and trade; I’m not working real hard to stop national health; I’m not working real hard to stop them from bailing out California. The sooner they do that, the quicker we [can] get back to a real win. I can undo all of the stuff they’ve done in one good weekend.
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Art Laffer: We all want to see the poor do well. But, you don’t make the poor rich by making the rich poor. The dream in America has never been to make Beverly Hills look like Watts. The dream is to make Watts look like Beverly Hills. Poverty is disgusting and wealth is wonderful… [President] Kennedy put it so perfectly when he said that the best form of welfare is still a good, high paying job. And, the first key to all of the redistribution is to create a political economy of growth.
Jeff Berkowitz: Art, is it just an empirical difference [of opinion in terms of reading the data] between you and say, Austan Goolsbee, one of the [economic advisers] to Barack Obama from the University of Chicago. They would say that you over-estimate these empirical effects: yes, as you tax people more, they will work a little less—they would say—but you’ll spread it around, you’ll do something good, and they won’t cut back on their work, as much as you think, [and on their efforts] to work, save and invest. Is that the difference? An empirical one? [a different understanding of the empirical data?]
Art Laffer: I don’t think so. I don’t know where Austan comes down—let me not name specific names, but let me just say that it is way cool being in the White House. It is cool beyond belief…my off ice overlooked the front lawn; I was right next to the Vice-President’s office…These people love those jobs. They are the best jobs they’ll ever have. And, the thing here is that when Obama says X, his advisers don’t say, “You know, sir, X is probably not the right way to go.” You don’t keep your job very long if you do that. Your job is to figure how X makes perfect sense and how you can defend it. These people do rebut arguments they know to be true in order to curry favors with their political benefactors. It’s true. Let me tell you, on my thing, I lied through my teeth every day of the week and twice on Sunday to hang with Reagan and Thatcher. But, they never asked me to…Now, can you imagine how an economics professor from the University of Chicago would justify the President actually firing the President of General Motors? I mean, it’s indefensible, so…
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Jeff Berkowitz: If you had to assign blame, to be fair, would you put a lot of the blame on George Bush, Bernanke at the Fed, Paulson at the Treasury because those were the three who came up with the $700 billion bailout before Barack Obama was President.
Steve Moore [Fox News Channel and Wall St. Journal editorial page writer]: This was a crisis that started under George Bush. There is no question that Barack Obama inherited this crisis. The problem is that he’s, in my opinion, just doubled down on the Bush policies. …George Bush started it with all the bailouts and Barack Obama is just bailing out one industry after another. So, this was supposed to be change. I don’t see the change. In fact, I see a continuation of the disastrous policies that started in George Bush’s last year in office.
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The "Public Affairs," show with economists Art Laffer and Steve Moore can be watched here now
******************************************
The "Public Affairs," show with economists Art Laffer and Steve Moore was taped on June 15, 2009
************************************
Public Affairs Chicago Metro suburban airing schedule:
The show featuring economists Art Laffer and Steve Moore is airing this week in the North and Northwest Chicago Metro suburbs in its regular slot:
Tuesday night (tonight) at 8:30 pm on Comcast Cable Channel 19 in Buffalo Grove, Elk Grove Village, Hoffman Estates, parts of Inverness, Lincolnwood, Morton Grove, Niles, Northfield, Palatine, Rolling Meadows and Wilmette
and Tuesday night(tonight) at 8:30 pm on Comcast Cable Channel 35 in Arlington Heights, Bartlett, Glenview, Golf, Des Plaines, Hanover Park, Mt. Prospect, Northbrook, Park Ridge, Prospect Heights, Schaumburg, Skokie, Streamwood and Wheeling.
and on Monday, Wednesday and Friday at 8:30 pm on Comcast Cable Channel 19 in Bannockburn, Deerfield, Ft. Sheridan, Glencoe, Highland Park, Highwood, Kenilworth, Lincolnshire, Riverwoods and Winnetka.
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Chicago and Aurora:
The "Public Affairs," show featuring economists Art Laffer and Steve Moore will also air throughout the City of Chicago this coming Monday night i.e., July 6 at 8:30 pm on Cable Ch. 21(CANTV, aka Chicago Access Network TV) and on that same night on cable in Aurora and surrounding areas at 7:30 pm on ACTV-10. The Aurora station, ACTV-10, aka Aurora Community Television, Comcast Cable Ch. 10, reaches all of Aurora, Bristol, Big Rock and parts of Oswego, Sandwich, Sugar Grove and Montgomery.
*************************************************
Rockford:
The "Public Affairs," show featuring economists Art Laffer and Steve Moore will also air throughout the City of Rockford (and in surrounding areas) a week from this coming Thursday night, on July 9 at 8:00 pm on Cable Ch. 17. The surrounding areas reached by Ch. 17 include Byron, Cedarville, Cherry Valley, Loves Park, Machesney Park, Mount Morris, New Milford, Portions of Ogle County, Oregon, Polo, Stillman Valley, Winnebago, Portions of Boone County and Poplar Grove.
***************************************************
Jeff Berkowitz, Show Host/Producer of "Public Affairs," and Executive Legal Recruiter doing legal search can be reached at JBCG@aol.com. *************************************************************
"Public Affairs," is a weekly political interview show airing in Chicago on CANTV, in the Chicago metro area, Aurora and Rockford on Comcast and also often on the Illinois Channel. You can watch the shows, including archived shows going back to 2005, here.
**********************************************************
"Hot," recent posted shows on the Public Affairs YouTube page include a show with economist Art Laffer [inventor of the Laffer Curve] and FNC's Steve Moore about their book, "The end of Prosperity," and the Obama Administration's economic policies; the fastest five minutes on the web- a New York Times video about Obama-Berkowitz, a show with State Rep. Jim Durkin (R-Western Springs), a show with Professor Stephen Presser, a Northwestern University Law School Professor, about Judge Sonia Sotomayor's nomination to the U. S. Supreme Court, a show with State Rep. Hamos (D-Evanston) about Illinois' budget deficit and Hamos' likely run in the 2010 Attorney General Dem. Primary , a show with the most recently announced Republican Primary Guv candidate Dan Proft (will announce his decision by end of June) , the second fastest five minutes on the web- a segment of Bill O'Reilly with Berkowitz discussing a clip of Obama from 2002 on Blagojevich and many more shows.
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Jeff Berkowitz: Art, is it just an empirical difference [of opinion in terms of reading the data] between you and say, Austan Goolsbee, one of the [economic advisers] to Barack Obama from the University of Chicago. They would say that you over-estimate these empirical effects: yes, as you tax...
**********************************
Jeff Berkowitz: If you had to assign blame, to be fair, would you put a lot of the blame on George Bush, Bernanke at the Fed, Paulson at the Treasury because those were the three who came up with the $700 billion bailout before Barack Obama was President.
Steve Moore [Fox News Channel and Wall St. Journal editorial page writer]: This was a crisis that started under George Bush. There is no question that Barack Obama inherited this crisis. The problem is that he’s, in my opinion, just doubled down on the Bush policies. …
***************************************************
This week’s suburban edition of Public Affairs features clips of Art Laffer [inventor of the "Laffer Curve,"/former Reagan economics adviser and Steve Moore, Fox News Channel and WSJ] talking about aspects of their book [authored with Peter Tanous], "The End of Prosperity: How Higher Taxes will doom the Economy- if We let it Happen." The discussion occurred at the home of Moore's sister [Kathy Dodd], an Obama supporter, and her husband in Wilmette, IL [The best educated zip code in the country, according to its Congressman, Mark Steven Kirk, ironically one of eight Republican representatives to vote for Cap and Trade, allowing it to pass the House this past Friday by a margin of seven votes. Cap and Trade is one of the two major pieces of Obama's current legislative program that Steve Moore argues "has to be stopped." The other is National Healthcare] [Watch the show with Laffer and Moore].
Laffer and Moore answer questions from Berkowitz and others during the program, and Moore is interviewed separately by Berkowitz during the program. The emphasis of the program is on Supply Side, what it is and how it is integral to understanding economics. Also discussed is Obananomics and how it is attempting to reverse the economic trends of the last few decades and what that reversal would mean for economic proserity in the United States. Laffer further discusses how if he were "father of the world," he would want to help those who were dealt a bad hand or who might find themselves, for various reasons, at the low end of the wealth ladder, but that there are "supply side costs," to doing so, and those costs have to be considered as a matter of public policy formation.
The discussion by Laffer and Moore was attended by a group of sixty, or so, interested in learning more about supply side economics. That group included Dan Proft, who recently became a candidate for Governor of Illinois in the 2010 Republican Primary, and who, this journalist is reasonably sure, would consider himself a devoted "supply sider."
********************************************
Art Laffer [Laffer Associates]: …These guys, they [the Obama Administration] don’t understand how to run things, I mean they really don’t. And, they don’t get it. And, they have no doubts as to their own accuracy…they’ve never been held accountable for their own actions, literally. They’ve never had a bad trade, they’ve never lost a wife, they’ve never been humbled. [Ed. note: I don’t know about "never losing a wife," but they have had a few losses along the way. Barack Obama, in his words, “got spanked,” 2 to 1 in his run to unseat Cong. Bobby Rush (D-Chicago, 1st CD) in 2000; Rahm Emanuel got demoted and exiled from the White House for being a bit too abrasive when he went to work, early on, for President Clinton; David Axelrod got Elliot Spitzer elected as Governor of New York, only to see him fall from grace and have to resign]. And, so what you’re going to see happening is they’re way over-reaching… I’m different from Steve [Moore] on this one... I’m not working real hard to stop cap and trade; I’m not working real hard to stop national health; I’m not working real hard to stop them from bailing out California. The sooner they do that, the quicker we [can] get back to a real win. I can undo all of the stuff they’ve done in one good weekend.
***************************************
Art Laffer: We all want to see the poor do well. But, you don’t make the poor rich by making the rich poor. The dream in America has never been to make Beverly Hills look like Watts. The dream is to make Watts look like Beverly Hills. Poverty is disgusting and wealth is wonderful… [President] Kennedy put it so perfectly when he said that the best form of welfare is still a good, high paying job. And, the first key to all of the redistribution is to create a political economy of growth.
Jeff Berkowitz: Art, is it just an empirical difference [of opinion in terms of reading the data] between you and say, Austan Goolsbee, one of the [economic advisers] to Barack Obama from the University of Chicago. They would say that you over-estimate these empirical effects: yes, as you tax people more, they will work a little less—they would say—but you’ll spread it around, you’ll do something good, and they won’t cut back on their work, as much as you think, [and on their efforts] to work, save and invest. Is that the difference? An empirical one? [a different understanding of the empirical data?]
Art Laffer: I don’t think so. I don’t know where Austan comes down—let me not name specific names, but let me just say that it is way cool being in the White House. It is cool beyond belief…my off ice overlooked the front lawn; I was right next to the Vice-President’s office…These people love those jobs. They are the best jobs they’ll ever have. And, the thing here is that when Obama says X, his advisers don’t say, “You know, sir, X is probably not the right way to go.” You don’t keep your job very long if you do that. Your job is to figure how X makes perfect sense and how you can defend it. These people do rebut arguments they know to be true in order to curry favors with their political benefactors. It’s true. Let me tell you, on my thing, I lied through my teeth every day of the week and twice on Sunday to hang with Reagan and Thatcher. But, they never asked me to…Now, can you imagine how an economics professor from the University of Chicago would justify the President actually firing the President of General Motors? I mean, it’s indefensible, so…
**********************************************
Jeff Berkowitz: If you had to assign blame, to be fair, would you put a lot of the blame on George Bush, Bernanke at the Fed, Paulson at the Treasury because those were the three who came up with the $700 billion bailout before Barack Obama was President.
Steve Moore [Fox News Channel and Wall St. Journal editorial page writer]: This was a crisis that started under George Bush. There is no question that Barack Obama inherited this crisis. The problem is that he’s, in my opinion, just doubled down on the Bush policies. …George Bush started it with all the bailouts and Barack Obama is just bailing out one industry after another. So, this was supposed to be change. I don’t see the change. In fact, I see a continuation of the disastrous policies that started in George Bush’s last year in office.
**************************************************************
The "Public Affairs," show with economists Art Laffer and Steve Moore can be watched here now
******************************************
The "Public Affairs," show with economists Art Laffer and Steve Moore was taped on June 15, 2009
************************************
Public Affairs Chicago Metro suburban airing schedule:
The show featuring economists Art Laffer and Steve Moore is airing this week in the North and Northwest Chicago Metro suburbs in its regular slot:
Tuesday night (tonight) at 8:30 pm on Comcast Cable Channel 19 in Buffalo Grove, Elk Grove Village, Hoffman Estates, parts of Inverness, Lincolnwood, Morton Grove, Niles, Northfield, Palatine, Rolling Meadows and Wilmette
and Tuesday night(tonight) at 8:30 pm on Comcast Cable Channel 35 in Arlington Heights, Bartlett, Glenview, Golf, Des Plaines, Hanover Park, Mt. Prospect, Northbrook, Park Ridge, Prospect Heights, Schaumburg, Skokie, Streamwood and Wheeling.
and on Monday, Wednesday and Friday at 8:30 pm on Comcast Cable Channel 19 in Bannockburn, Deerfield, Ft. Sheridan, Glencoe, Highland Park, Highwood, Kenilworth, Lincolnshire, Riverwoods and Winnetka.
*************************************************************
Chicago and Aurora:
The "Public Affairs," show featuring economists Art Laffer and Steve Moore will also air throughout the City of Chicago this coming Monday night i.e., July 6 at 8:30 pm on Cable Ch. 21(CANTV, aka Chicago Access Network TV) and on that same night on cable in Aurora and surrounding areas at 7:30 pm on ACTV-10. The Aurora station, ACTV-10, aka Aurora Community Television, Comcast Cable Ch. 10, reaches all of Aurora, Bristol, Big Rock and parts of Oswego, Sandwich, Sugar Grove and Montgomery.
*************************************************
Rockford:
The "Public Affairs," show featuring economists Art Laffer and Steve Moore will also air throughout the City of Rockford (and in surrounding areas) a week from this coming Thursday night, on July 9 at 8:00 pm on Cable Ch. 17. The surrounding areas reached by Ch. 17 include Byron, Cedarville, Cherry Valley, Loves Park, Machesney Park, Mount Morris, New Milford, Portions of Ogle County, Oregon, Polo, Stillman Valley, Winnebago, Portions of Boone County and Poplar Grove.
***************************************************
Jeff Berkowitz, Show Host/Producer of "Public Affairs," and Executive Legal Recruiter doing legal search can be reached at JBCG@aol.com. *************************************************************
"Public Affairs," is a weekly political interview show airing in Chicago on CANTV, in the Chicago metro area, Aurora and Rockford on Comcast and also often on the Illinois Channel. You can watch the shows, including archived shows going back to 2005, here.
**********************************************************
"Hot," recent posted shows on the Public Affairs YouTube page include a show with economist Art Laffer [inventor of the Laffer Curve] and FNC's Steve Moore about their book, "The end of Prosperity," and the Obama Administration's economic policies; the fastest five minutes on the web- a New York Times video about Obama-Berkowitz, a show with State Rep. Jim Durkin (R-Western Springs), a show with Professor Stephen Presser, a Northwestern University Law School Professor, about Judge Sonia Sotomayor's nomination to the U. S. Supreme Court, a show with State Rep. Hamos (D-Evanston) about Illinois' budget deficit and Hamos' likely run in the 2010 Attorney General Dem. Primary , a show with the most recently announced Republican Primary Guv candidate Dan Proft (will announce his decision by end of June) , the second fastest five minutes on the web- a segment of Bill O'Reilly with Berkowitz discussing a clip of Obama from 2002 on Blagojevich and many more shows.
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