Impeachment will hurt the markets: Art Laffer

Impeachment will hurt the markets: Art Laffer


REMEMBER WHAT I SAID, WILD SPECULATION. ART LAFFER IS WITH US. I DON’T KNOW WHETHER YOU HEARD IT, ART, I WAS WILDLY SPECULATING.>>I DID. STUART: YOU HEARD IT. OKAY IF WE GET A MEDIUM TRADE DEAL WITH CHINA — I HAVE TO REPORT. IT WAS WILD. IF WE GET A TRADE DEAL WITH CHINA, MODERATE, IF WE GET USMCA PASSED, IF WE GET THAT, IF WE GET A TRADE DEAL WITH THE BRITS, ALL OF THAT IS WILD SPECULATION BUT I SAY IF THOSE THREE THINGS HAPPEN THIS, MARKET GOES STRAIGHT UP, AND THE ECONOMY REALLY DOES IMPROVE. AM I RIGHT?>>YOU’RE COMPLETELY CORRECT. THAT IS JUST PERFECT. BUT I DON’T THINK IT IS WILD SPECULATION. I THINK IN BOTH CHINA’S INTERESTS AND U.S. INTERESTS TO DO A TRADE DEAL IF IT IS NOT THE BIG FULL-BLOWN ONE. ALSO JUST REMOVING TARIFFS RIGHT NOW WOULD BE A HUGE PLUS. NOT INCLUDING ALL THE CHINESE AGREEING TO BUY MORE GOODS AND THINGS THAT WOULD BE HUGE, HUGE, HUGE. AND ALSO I THINK YOU’RE UNDERESTIMATING NANCY PELOSI’S DESIRE TO GET USMCA PASSED. I THINK SHE REALLY NEEDS THAT PASSED. I THINK SHE WANTS THAT PASSED FOR HER OWN POLITICAL END AND THE DEMOCRATS IN THE HOUSE. I THINK THAT BILL HAPPEN AS WELL. I’M EXCITED. BORIS JOHNSON, I LEAVE THE BRITS UP TO YOU, STUART BUT BORIS JOHNSON AND THE EU, IF THAT HAPPENS I THINK THEY WILL GET A GRADE TRADE DEAL WITH BRITAIN. THE U.S. AND BRITAIN SHOULD HAVE A TRADE DEAL. THAT IS THE CLOSEST COUNTRY TO THE U.S. THAT AND ISRAEL ARE. WE SHOULD HAVE A PERFECTLY WONDERFUL TRADE DEAL WITH THE BRITAIN AND THE U.S. JUST THINK IT HAS BEEN WAY TOO LONG IN THE WAITING. STUART: I’M SO GLAD TO HEAR MY SPECULATION IS NOT SO WILDLY OUT OF WHACK AS SOME MIGHT EXPECT. I’M GLAD YOU’RE ON THE SHOW TODAY.>>IT’S NOT. STUART: THANK YOU, THANK YOU. OKAY. I GOT TO TALK TO YOU ABOUT THIS JOLT REPORT, THE NUMBER OF JOB OPENINGS IN AUGUST. 7.05 MILLION, WHAT DOES THAT TELL YOU ABOUT THE ECONOMY?>>WELL, YOU KNOW, I THINK OUR ECONOMY IS JUST IN GREAT, GREAT SHAPE. THERE ARE ALL OF THESE DIFFERENT MEASURES COME FLOWING OUT. THE JOB OPENINGS ARE IMPORTANT. WE ALSO HAD, IF YOU KNOW IN THE LAST JOBS REPORT WE USED THE ESTABLISHMENT NUMBERS FOR THE INCREASE IN JOBS WHEN THE HOUSEHOLD NUMBERS WAS MUCH, MUCH LARGER. THE SAME THING WAS TRUE THE MONTH BEFORE. IF YOU KNOW REVISIONS ARE UP. THIS ECONOMY IS DOING VERY WELL, STUART, ESPECIALLY YOU CONSIDER HOW MUCH THE REST OF THE WORLD IS PULLING US DOWN. YOUR WILD SPECULATION STORY AT THE BEGINNING OF THE SHOW, WOULD REALLY CHANGE THAT ON THE WORLD AND REALLY HAVE THE WORLD NO LONGER PULLING US DOWN BUT REALLY BEAU — BUOYING US UP. IF THAT HAPPENS I THINK THE GROWTH RATES CAN GET BACK UP INTO THE 3% RANGE. STUART: YOU’RE A PERPETUAL OPTIMIST, ART. YOU’RE OUT OF WHACK WITH OTHER ECONOMISTS?>>THEY THINK I’M WACKY. I’M THE WACKY ONE. STUART: YOU’RE A GREAT-GRANDFATHER. HOW CAN YOU BE WACKY?>>I HAVE BEEN THREE YEARS OUT OF WHACK WITH THEM AND THEIR GROWTH RATE ESTIMATES AND ALL THAT. MY NUMBERS PROVED TO BE A LITTLE BIT BETTER THAN THEIRS OVER THE LAST THREE YEARS. WHO KNOWS WHAT WILL BE IN STORE IN THE FUTURE. STUART: OKAY.>>A LOT OF THE READ DEPENDS UPON THE POLITICAL WORLD. I WAS IN THE NIXON WHITE HOUSE. I WATCHED WHAT HAPPENED WITH REAGAN. THIS IMPEACHMENT STUFF WILL HURT THE MARKETS, BELIEVE ME, IT WILL HURT THEM AND COULD HURT THEM A LOT. STUART: OUCH. OKAY. ART LAFFER, THANK YOU VERY MUCH.

Dereck Turner

100 thoughts on “Impeachment will hurt the markets: Art Laffer

  1. bob smith says:

    Trump has built this economy up to very high standards. Of course the democrats are hoping this impeachment hoax will wreck the economy so they can blame Trump for that too.

  2. michael myers says:

    Who cares? Democrats are morons. Everyone knows it.

  3. Little Dove Corr says:

    IT IS CALLED A COUP….THIS IS A COUP NOT AND IMPEACHMENT ATTEMPT!
    BLAME THE LIEING TREASONIST DEMOCRATS FAKE REPUBLICANS AND MEDIA……..

  4. dee jay says:

    Democrats can't hurt trump as hard as they try hahaha

  5. K W says:

    That's what demorats want! They want to crash the market to hurt trump! Anything to hurt TRUMP!
    MAGA 2020

  6. heat cliff says:

    The Queen of America Hillary Clinton will fit it all like lady liberty.

  7. Done Deal says:

    President Trump is the most amazing modern President. Bush would have folded like a deck of cards

  8. Santos Carreon says:

    TRUMP 2020🇺🇸🎈🇺🇸🎈🇺🇸🎈🇺🇸🎈

  9. Thant Zin says:

    UNITED STATE OF AMERICA PRESIDENT DONALD JTRUMP&THE FIRST LADY MY TEACHE MELANIA TRUMP GOD BLESS YOU+PEACE BE UPON YOU=2020 REELECTIONS ALL AT ONE GREATNESS PRESIDENT DONALD J.TRUMP CONQUER YOU*AMEN=AMMI*.

  10. Alan Sawyer says:

    I could be wrong but I think people see this impeachment for what it is, a hoax and the markets will be fine.

  11. Victor Le says:

    The democrats live as a contagious parasite of society !

  12. Dave Dee says:

    The markets don't care about impeachment.
    Conservatives will push anything and everything out to get their uninformed base to hate a policy that is in the constitution.

  13. Lion P says:

    THANK YOU TRUMP FAMILY FOR YOUR SERVICE , SACRIFICE, COMMITMENT AND LOYALTY TO OUR CONSTITUTION AND OUR FAMILIES !

  14. Mikelino Ferrara says:

    I thought we have a constitution of the United States of America. Which lieing agent orange raise his had to up hold it. Sorry if you did a crime you must pay. Not to hurt mr. Dump. He ask another country to find dirt on his opponent. Hm" i believe we heard this story before? ????? Makes you think..

  15. James M McGrann says:

    Little Lying Donny : narcissist, complete lack of empathy, moral insanity and a convenient idiot on Putin's payroll. TRAITOR!

  16. justin time says:

    Maybe the Democrats should be drug through the streets like that mayor in Mexico.

  17. Zach Lutes says:

    Stewart is my favorite English-American. he is a real patriot!

  18. Sheila Roberts says:

    DEMACRATS will lose more than they know. Bring it on demented DEMS. TRUMP 2020.

  19. Lori Babich says:

    Peloci needs to bring USMC to the floor instead of trying to do an illegal impeachment against a sitting President.

  20. great outdoors says:

    A Christmas present for the American people………..A trump resignation or forcibly put behind bars

  21. rapturous day says:

    "He who sells first, lives to buy up the bargains. He who sells last is gone". ~ Bill Gates

  22. Dan Rode says:

    Donnie diapers hands out 2 trillion to corp welfare. Pathetic

  23. Dan Rode says:

    The orange cheeto raised taxes on the poor and middle class.

  24. Dan Rode says:

    Drumpf enjoys PT low wage jobs without benefits. Another failure

  25. Dan Rode says:

    Zero infrastructure

  26. Dan Rode says:

    Zero healthcare

  27. j Chegs says:

    Yes, that IS the democrat party’s plan

  28. Dan Rode says:

    Zero education

  29. Dan Rode says:

    Zero environment

  30. Dan Rode says:

    Zero trade

  31. Dan Rode says:

    Zero foreign policy

  32. Nathaniel Frankford says:

    lmao Trump is so impeached

  33. C gatz says:

    already is! exactly what the dems want . Scumbags are so desperate

  34. ZL1 Kamaro says:

    Trump and cronies bankers only care about the market their more middle-class people not in market vote without market will lose they keep lying about the economy not as great as pushed down our throats if anything vary bad like trump voters to vote for trump again open your eyes smell what trump is cooking

  35. Universal _Wisdom says:

    A War will happen before impeachment takes effect. No point in talking about it anymore. It ain’t happening.

  36. Jason White says:

    This is more propaganda to give cover to djt for a possible recession and to distract from his illegal behavior. You can't defend djt's behavior, so you attack the whistleblower process and now you want to say that the impeachment will trigger a recession. Nevermind that we are currently in the longest expansion in history (the majority under Obama) and historically should encounter a recession any day now. "News" without context is not news. Not surprising with Varney.

  37. Chatla Suresh says:

    Impeachment will hurt them a lot. Democrat's gone away.

  38. Fred Silva says:

    From the gathering storm
    walks a Presidential man,
    duly armed with the Truth,
    and a patriotic hand!

    That's when you know
    you're never going to make it
    past your lies, and your spies,
    and your shills, off the Hill,
    with your hacks!

    'Cause here he comes,
    through the ghettos,
    and the barrios, and the Bowery,
    and the slums!

    A righteous shadow is cast
    wherever he stands,
    with stacks of indictments,
    in his patriotic hands!

    Vote Trump/Pence, again in 2020!!!

  39. 100101mint mint101001 says:

    If Trump gets impeached the markets will be just fine

  40. Selina Kyle says:

    Americans should kick Yao Ming out of states.

  41. Carl Giuliano says:

    A Chinese trade deal? Like we’re demanding more orange chicken at Panda Express?

  42. Your Big Head Cousin says:

    Okay, so blame Donald Trump. This is Trump's fault so he is to blame. This is simply propaganda.

  43. Cathy Heston says:

    The Democratic party has already demonstrated they care nothing for AMERICANS and AMERICA. They're ready to ditch all to promote the agenda……WAKE UP!!!!

  44. Mario Gutierrez says:

    Guaidó to president of EEUU n Israel or the Bin Salman democracy

  45. Frank Kreyssig says:

    The Democrats would rejoice if the market crash, then they will have something else to blame on Donald Trump

  46. Dwain Williams says:

    Hurt the markets?? How about the whole Country and the World!!!! MAGA!

  47. silkie coop says:

    Communist China Says Jump, Corporate America Says How High

    Woke corporate America’s stunning hypocrisy.

  48. silkie coop says:

    he same ‘woke’ corporations who virtue signal all day long about
    caring for minorities immediately cave and apologize when China – one of
    the biggest human rights abusers on the planet – intimidates them.

    Communist China says jump, corporate America says how high.

  49. Neoma Henry says:

    Not to hurt your video but I saw another one that says they can make market look like it booming and make it look crashed so it's a pen whip deal there

  50. ntamny says:

    Fox, The sky is falling, the sky is falling, “News” We survived 8 years of Clinton, Bush Obama. Why are people so afraid all the time? Grow a pair Fox. Put your big girl panties on and quit whining.

  51. silkie coop says:

    Hillary Clinton once again teased a possible 2020
    presidential run against Donald Trump by asserting, “Obviously I can
    beat him again.”

    Perhaps someone should remind Hillary of her failure to beat him the first time.

  52. Doug Shaw says:

    🐴💩 One does not effect the other. This is not a Clinton impeachment and disbarrment for lying to Congress! This is made up 🐴💩 and everybody knows it. The only market losers will be the suckers who sell short, while everyone who sits in their seat during the ride will make money.

  53. Maga Rock says:

    democrats don't care about America!

  54. jim draper says:

    You guys are Stupid China will sell your body parts today. sucking up to China makes me want to vomit we have lost our moral compass you people at fox are pathetic.

  55. S Burgos says:

    Surely the Democrats wouldn't want the amazing economy under Trump to go south! I mean they've only been trying to poison the well with recession fears almost every day. The amount of damage the Dems have done in order to negate the votes of millions of Americans, is much more immense and will take years to fix if ever.

  56. g bridgman says:

    Democrats don't care. They'll tank the economy and cause hardship for millions if that's what it takes to unseat Trump. Not to worry. Nothing they can do will work but their attitude is horrible.

  57. d wilson says:

    IMPEACHMENT will save the World…..from DIABLO TRUMP.

  58. SARAS DAMAN says:

    ЕСЛИ НЕ ХОЧЕШЬ ВОЗВРАЩАТЬСЯ В СВОЙ ТАВАР МОЖЕШЬ СЕБЕ ПОСТРОИТЬ ГДЕ ХОЧЕШЬ ТАМАБАЛАГАЛАДАН…МНЕ ЗОЛОТО БУДЕШЬ ПРОДАВАТЬ…)

  59. SARAS DAMAN says:

    ТАМАБАЛ ЭТО ХАРАМ…

  60. Carl Slagle says:

    Man you people are so full of crap, trump crap at that. With you people he doesn’t even have to wipe. You’ll do it for him. 😘

  61. SARAS DAMAN says:

    А ВООБЩЕ ВСЁ ЭТО ХУЙНЯ…В БУДУЩЕМ ЛЮДИ ВООБЩЕ НЕ БУДУТ ЖИТЬ В ДОМАХ…

  62. SARAS DAMAN says:

    И ЗОЛОТО НАХУЙ НИКОМУ НЕ НУЖНО БУДЕТ…

  63. Sexy Beast says:

    There's not going to be an impeachment. Hahahahahaha

  64. SARAS DAMAN says:

    А ВООБЩЕ ТВОЙ ПРЕДОК НАПРАВЛЕННЫЙ НА АМЕРИКАНСКИЙ КОНТИНЕНТ ДОЛЖЕН БЫЛ СТРОИТЬ ТАМАБАЛАШАМАНА В ПАРКЕ ЙАЛАВАСАТАНА…И СЛЕДИТЬ ЗА ГЛАВНЫМ ОЗЕРОМ-ГОРЛОВИНОЙ ВАЛАКАНА…ОНО ОДИН К ОДНОМУ КОНТУРАМИ С МОИМ ОЗЕРОМ…ХАРАМАЙАДАНА…)

  65. SARAS DAMAN says:

    А НИ БЕЛОМ ДОМЕ СИДЕТЬ КАК ПОПУГАЙ…

  66. SARAS DAMAN says:

    АМЕРИКАНСКИЙ НАМЕСТНИК ДОЛЖЕН НАХОДИТЬСЯ НАЙАЛАВАСАТАН А НИ В ВАШИНГТОНЕ…)

  67. Mike Mower says:

    Impeachment is a way to detract attention from the 2 year failed Mueller reports, it will end in the same way but instead of wallowing in the shame of it they will again jump into another mud puddle to keep the liberals false hopes on the move.

  68. SARAS DAMAN says:

    ОН КАЖДЫЕ 700 ЛЕТ ПРОСЫПАЕТСЯ…ЕСЛИ ЕГО НЕ УСПОКОИТЬ…)

  69. Mike 123 says:

    Democrats have no candidate that can beat Trump, they also have no agenda that people can support, so only thing left is to drive the economy in to the ground and blame it on Trump.

  70. Mike Church says:

    ART !!!!!What the hell were you thinking when you bought that jacket !!! It's hard to take someone seriously when they are wearing a clown suit.

  71. Lesley Kay Choreography says:

    How low does your IQ have to be, to buy this propaganda BS?

  72. LectronCircuits says:

    Art Laffer is a brilliant living timeless classic, an American institution. Cheers!

  73. SARAS DAMAN says:

    ТАМАБАЛ ЗНАЧИТ СКАЗАТЬ ЧТОБЫ СДЕЛАТЬ БЛАГОЕ-БЛАГОДАТЬ…ЭТО МАХАНАЗАМ-ТЕХНОЛОГИЯ-СООРУЖЕНИЕ…ОБРАТНОЕ ЧТЕНИЕ-ЛАБ-КОЗЫРЕК-ПЕРЕКРЫТИЕ…МАТ-ЯЗЫК…

  74. SARAS DAMAN says:

    ТАМ-ТАК ЖЕ ЗНАЧИТ РУЛЬ Т.Е КРУТИТЬ ВОДУ…

  75. Gonzalo Azocar. says:

    LEFTIST WANT MORE POVERTY….POOR PEOPLE SUFFERING SOMETIMES VOTE LEFT …BUT THEY GOT MORE POVERTY

  76. SARAS DAMAN says:

    НУЖНО ОБРАТНО КРУТИТЬ МОЛЕКУЛЫ АТОМЫ ФОТОНЫ ВОДЫ НА ВСТРЕЧУ ОГНЮ КОТОРЫЙ ИДЕТ НАВЕРХ…А НИ ЖИДКИЙ АЗОТ ТУДА ЗАЛИВАТЬ…) ФИЗИКУ НАДО БЫЛО ИЗУЧАТЬ…

  77. SARAS DAMAN says:

    БУДЕШЬ СИДЕТЬ ТАМ И КРИЧАТЬ МАЙАКАМАРАКАГАЛАДАН…)))

  78. SARAS DAMAN says:

    МАЙАКАМАРАКА ТАМ ДОЛЖЕН СИЯТЬ А НИ В ВАШИНГТОНЕ…

  79. SARAS DAMAN says:

    МАР ЭТО НЕ ФРАНЦУЗСКОЕ СЛОВО МЭР…)

  80. SARAS DAMAN says:

    МАЙАМ…Я ЕСТЬ I AM…МАЙАМАРАКАНА…)))

  81. SARAS DAMAN says:

    ВАШИНГТОН ЭТО СБОРИЩЕ БЛЯДЕЙ И ПРОСТИТУТОК…

  82. Zaneta Horvatovavavarenzanetavndor says:

    Mariklenlatenirrnettrimanden

  83. Zaneta Horvatovavavarenzanetavndor says:

    Demokracenkomenmartolatenbakplajfenbinesobordelhetzin

  84. o ** says:

    He is an economist?

  85. IMA RUSSIAN says:

    the retail public will keep selling until the 2020 elections are complete and won't buy again until 4 more years of the TRUMP trade

  86. Jaso Foo says:

    Heres my opinion , trump in office , economy booming! Democrats in office , bankrupt and crash ! (Just like California )

  87. Hopper Mantis says:

    Hurt the markets? Civil war will do that.

  88. Edwin Meyer says:

    The liberals have been publicly wanting the markets to crash….Anyone surprised at the liberal Dim's latest efforts?

  89. F A says:

    There won't be any impeachment. The market knows this is all kabuki theatre.

  90. F A says:

    When are deep state traitors going to be arrested?

  91. Dennis says:

    Impeachment will hurt a lot of things and the Demonocrats do not care about any of it other than gaining more power and keeping their gravy train alive! In the end the left is all going down. It’s one thing when they try to screw Trump and keep the vendetta going but America will not forget this and you are all doomed.

  92. D J says:

    IMPEACHMENT 🤪🖕
    CUT THE CRAP CAKES 😋

  93. JohnPatrick Martinez Consonero says:

    What time is it…"TRUMP TIME"!!!

  94. e james says:

    hey art………I THINK THAT'S THE POINT.

  95. Truth Rainer says:

    4here is No Impeachment FILED

  96. Graeme Twycross says:

    All good thanks.

  97. The Gaffer says:

    The standard of living has deteriorated even with the tax cuts, not reigning in the national debt and the stock market going up…. The ordinary Americans are in an adverse position despite all that…. The only people better off are the CEOs and the celebrities and billionaires…. America… We need to wake up now!! We're tired of this stock market baloney!!

  98. Kay Rinaudo says:

    Eyes wide open , what are the dems doing right now in the midst of all this chaos?

  99. Annabelle Betancourt says:

    This entire "impeachment" hoax is doing exactly what the dems want which is to create chaos, bring down the market, anything that might give them the slightest edge in the 2020 campaign elections. Their numbers look so bad as of present. American is So Much Smarter than they give us "deplorables"… which is just one of the many names they refer to anyone voting for TRUMP !!

  100. Anthony 337 chism says:

    Actually it would be the best thing for this nation and the market's,
    1, We will then have a leader that could actually make a deal with china…
    2, We won't have an unhinged idiot shaking markets every freaking tweet.
    3. We won't have farm's and businesses going into bankruptcies
    4. The nation and people can actually be brought back to together and proper levels and delps of a normal nation with a proper leader.
    5, we will have a leader that understands the importance of the allies and alliances around us that is good for the nation and direction on all accounts.
    6, there won't be threats of shutting down borders.
    7 we won't have a leader that lies and deceives and is stacking his pockets with American taxpayers dollar's. (More for the country)
    8. We won't have a leader that is pulling billions out of random state to place in his political wants for election.
    Just a few positive in a good direction when he is impeached…. just saying.

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