Former Reagan economic adviser Art Laffer reacts to Zohran Mamdani’s rent-control policies and what could happen if other major U.S. cities follow suit on ‘Varney & Co.’
Former Reagan economic adviser Art Laffer joins David Asman to discuss how inflation is eroding real wages across the country. Laffer examines the latest economic data, comparing the decline in inflation-adjusted wages under President Joe Biden to the growth seen during the Trump administration, and argues that targeted tax cuts could help combat the ongoing inflation crisis.