Art Laffer said the Federal Reserve should be controlled by the president and Congress last week.
"I don't understand why the Fed is independent, to be honest," said Laffer, a former economic advisor to Presidentand former President Ronald Reagan. "Fiscal policy is not independent. Military policy is not independent. Social policy is not.
"As well as we are doing from the day after the great election, when the market shot right up, it could have been even better - massive additional wealth would have been created, & used very well," Trump tweeted. "Our most difficult problem is not our competitors, it is the Federal Reserve!" "You get this back and forth all the time" because of the difference, said Laffer, co-author of "Trumponomics: Inside the America First Plan to Revive Our Economy."
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Director Sara Gouveia on ‘Looking At Resilience Through Art’DURBAN–The Mapiko dance of Mozambique’s indigenous Makonde people was long used as a tool for social commentary. But during the colonial era it became an act of political resistance, promptin…
Read more »
The Art of Saying No to Invites When You REALLY Don't Want to Do SomethingThe art of saying no to invites when you REALLY don't want to do something
Read more »
Why Judy Chicago, 78-Year-Old Feminist Godmother of Vagina Art, Is Having a Sudden RevivalThe artist behind 'The Dinner Table' has always been ahead of her time, and is far from finished with upsetting the table.
Read more »
Lucas Museum of Narrative Art gives the Comic-Con crowd a sneak peekWhile superheroes dominate San Diego Comic-Con, one discussion early Thursday seeks to elevate the fan-driven bonanza with a look at the art in George Lucas' forthcoming museum.
Read more »
‘Dear White People’ Vol. 3 Trailer, Key Art And New Casting Unveiled By NetflixNetflix is unveiling a new trailer, key art and a new guest casting to celebrate the Vol. 3 launch of its Dear White People series. The third season bows on August 2. The dramedy follows several bl…
Read more »