Business
The economy is not in good shape: Art Laffer
‘Kudlow’ Kevin Hassett and Art Laffer react to the affordability crisis and increasing productivity in the economy.
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FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is one of the leading business networks on television. In 2025 it opened the year posting double-digit advantages across business day, market hours and total day viewers in January. Additionally, the network continued to lead business news programming, with each business day program placing among the top 15 shows, while FBN delivered its highest-rated month since April 2023 with market hours.
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@merriman1505
February 14, 2024 at 1:01 pm
Stock market is up because of inflation. Forget all the BS it’s up to mirror inflation.
@bobcuddy853
February 14, 2024 at 1:01 pm
Great, now we have two supposed economists that professionals in their field don't have much respect for, especially in the light of the continued failure of the whole motion of "trickle-down" economics.
@lawerencemiller9720
February 14, 2024 at 1:01 pm
First of all, this whole economic chaos was powered by optimism that the FED is done with hiking interest rates. Now that interest rate crash is the situation, where do we go from here? How would you advise I safely allocate $250k funds at this point?
@ALF-wh6in
February 14, 2024 at 1:01 pm
None of you know what going on . This is whats going on the government is giving hundreds of millions to illegal immigrants who are spending it into the economy. That is why GDP is up.
@Yahniboy
February 14, 2024 at 1:01 pm
What a surprise by Fox News to put some guy there to discredit the economy under the Biden administration.
@MrGriff305
February 14, 2024 at 1:01 pm
The Fed is literally trying to hurt the economy, but it's thriving regardless.
@davidlavezzo4131
February 14, 2024 at 1:01 pm
Makes sense when it's our government spending is what's the only thing holding upper economy it's only going to backfire on us if you need a Hungarian same empire crash
@zahairobrian671
February 14, 2024 at 1:01 pm
The dilemma of "higher interest rate leads to expensive borrowing leads to slow economic growth" and vice versa makes it difficult to manoeuvre economic parameters. Yet the stock market isn't showing any sign of slowdown caused by a recession outlook. Investing now instead of saving would make thousands of dollars in ROI if done right.
@hushbash2989
February 14, 2024 at 1:01 pm
Every crash or collapse offers an equal market opportunity if you are well prepared and knowledgeable. I've seen people accumulate up to $800,000 during crises and even pull it off with ease in a bad economy. Without a doubt, the bubble or crash has made someone extremely wealthy.
@Ret_Army_Combat_Vet
February 14, 2024 at 1:01 pm
I don't follow any financial advisors, I learned from 50+ years of investing. I just follow the economic trends, like when the Dems took over the govt I bought war stocks, in 2008 almost all stocks was on sale (Ex: bought 100,000 share of Ford at .98¢), in 2021 bought pharma stocks, now I'm buying AI stocks, something like that.
@blaska7131
February 14, 2024 at 1:01 pm
Here we go again, the doom patrol is back at it!
Latest job creation report was way over everone's predictions, unemployment is at an all time low, corporate profit and productivity is increadibly higher than ever, stocks and home value skyrocketed. The economy is booming, yet its always doom and gloom as long as biden is in. "Bidenenomics" works and trickledown economy doesnt.
@janremus1539
February 14, 2024 at 1:01 pm
The data speaks for it self, the economy is doing well. Stunning but true. People are charging to much on credit cards. Human capital equals production, the immigrants assimilation into job market is necessary to get more GDP. Hourly wages up 4%. The real problem is wealth inequality, or should we pay Elon 44 billion in salary for 1 year! 😅😅😅😅
@A_francis
February 14, 2024 at 1:01 pm
With all of the current events happening in the economy, what is the best approach to profit from the present market? I'm still debating diversifying my $400k stock portfolio to obtain some profits while minimizing risk.
@Evelyn32423
February 14, 2024 at 1:01 pm
This economy crisis/collapse might eThis economy crisis/collapse might end up being a part of us for a very long time. With inflation currently at about 9%, my primary concern is how to maximize my personal & retirement savings of about $780k which has been sitting duck since forever with zero to no gains. What is the safest investment to make now?
@umapathak8532
February 14, 2024 at 1:01 pm
There is no any job out there either blue or white collar job.
@burtonbinger5158
February 14, 2024 at 1:01 pm
What we have is a bunch of people that tell us what is going to happen who live in New York city. When they say stuff is bad, well they live in the city that never sleeps. You say that they all got it wrong for 23, guess what, it's the roaring 20 100 year later. The numbers that they are looking at are all 20% over when the administration took over. How can anyone view these numbers and tell us that by looking as today, yesterday was anything but higher. The markets, the money, the gold price, the oil price the cost of eggs: all are the same as before on an hour worked vs an hour worked. AI has and means nothing, folks make 3% more per hour ~ more things thanks to AI but in fact AI is tell us what is good about itself. Until we have a new administrational change the media is going to say and do stuff none of us can dream of. Any time a good thing happens looking for the bad thing is what we do, if we don't at 20% to our numbers the numbers end up being "New Math", 2+ 2 = ? it means the E=MC2. E being energy = means the sum of ~ M is never egual to any mass we want and C2 is just a number.
@stubabyfuora5280
February 14, 2024 at 1:01 pm
Throw away 2 trillion dollars every year with no plans to repay and you get a sugar high in economy. That is pretty easy to explain it seems to me
@glennhopkins2643
February 14, 2024 at 1:01 pm
I should be working in beautiful Gig Harbor right now !!!
@glennhopkins2643
February 14, 2024 at 1:01 pm
Patterson will pay !!!
@dannoringer
February 14, 2024 at 1:01 pm
Mr. Kudlow: You are scratching your head about what has happened. I say, look at the money supply. The money supply is too large and that is driving inflation and business performance. $8T is too much money supply. SHould be $3T.
@mikeburrill779
February 14, 2024 at 1:01 pm
Seems like the old saying. The rich get richer and the poor. Get poorer. The stock market is good but if you can't afford rent. Your not buying stock. Inflation is killing the poor middle class if that is a thing anymore
@jiyounglee6150
February 14, 2024 at 1:01 pm
Arthur Laffer😊😊😊
@xenia4479
February 14, 2024 at 1:01 pm
Consider how the indicators were measured. The stock market participation is low because fewer people have any extra money to invest. The real measure of the economy is how much the common person has to spend.
@janetprice85
February 14, 2024 at 1:01 pm
Older Americans are having to make hard choices of food or medicine and shelter due to high rents and insurance. And what families when wage earners are laid off will do with states's social services swamped with immigrants will do? We are led by fools.
@user-vi4st4hy5f
February 14, 2024 at 1:01 pm
Two Trump turds. Both like Diaper Don the convicted rapist.
@stopclaims3648
February 14, 2024 at 1:01 pm
STOP LYING. THE ECONOMY IS GREAT
@Random_xeno5q3y
February 14, 2024 at 1:01 pm
The Kansas low tax fiasco of 2012 should have ended this joker Laffer from ever being allowed to espouse any financial theories.
@mjgonzalez8293
February 14, 2024 at 1:01 pm
Oh real economists 😮
@jamesbuchner5875
February 14, 2024 at 1:01 pm
Nice
@Fleshbits1
February 14, 2024 at 1:01 pm
I'm so tired of AI hype. There is yet to be a single player video game playing by the same rules we do, that we actually lose to. Once you accomplish that, I'll join you. Right now, we just have a ton of non-technical business people who want to hire others that have 10 years of AI experience, when it's only been popular for about a year, thinking they are going to make the next greatest thing.