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IPFS News Link • Economy - Economics USA

Reagan's top economist Arthur Laffer predicts collapse of US economy

• Terrence Aym
A dire warning has been issued by one of the world's top economists. Arthur Laffer, author of several important books on economic theory including his latest, "Return to Prosperity: How America Can Regain Its Economic Superpower Status" was also an adviser to the Reagan Administration during the 1980s and a member of the Economic Policy Advisory Board. His economic models have been proven to work and withstood the test of time. Now Laffer has declared that the US economy is heading for a big fall in 2011.

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