The Facts and Myths of Income Inequality in America | Dr. Arthur Laffer LIVE

When it comes to income inequality in America, what’s truth and what’s fiction? Dr. Arthur Laffer debunks the myths about economic opportunity.
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Dr. Arthur Laffer is a renowned economist who gained prominence during the Reagan administration as a trusted advisor to the President. Known as the "Father of Supply-Side Economics," he also advised Prime Minister Margaret Thatcher. In 2019, he was awarded the Presidential Medal of Freedom by President Donald Trump.

[frank]

UCLA was given a 5 million dollar government grant to study the game of golf. What they learned in Putting: The ball only had a 3% chance of falling in if it didn't reach the cup. Stanford was given 8 million dollars to determine what tire pressure on the golf cart would help the golfers score.

[freethebirds]

If I was given $600, it would go to medical bills.
I have a hard time feeling hopeful about the future of the US. I now have 3 part time jobs (because employers don't offer full time jobs anymore) and we are not seeing any improvement in our savings.

[paulborowski]

I dont understand the math from 26:00 till 27:00. Any help?

[rachelbuchanan]

So, what’s the best plan for a healthy middle class?

[Chocolate_Croissant]

"going back billions of years with Yaf" lol

[goatgodbydesign]

My favorite myth is that the medean income is a perfect representation of America when people should be looking at the mode income which is $20, 000