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Dr. Arthur Laffer, President Reagan's Economic Advisor: 'The Fed is not a very competent Fed Board'

John Solomon Reports

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Is There Any Silver Lining?

There doesn't seem to be any indications, it of any silver lining. The prospects for the elections in two thousand and 22 are way up. I think we're very much like 19 78 to day, early 19 78. And i am very elated and excited about the prospects. But it's going to take quite a bit of time before it materialize.

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