The End of Prosperity: How Higher Taxes Will Doom the Economy - If We Let It Happen February 9, 2009

Hosted by: The Heritage Foundation

Speaker: Stephen Moore

Since the early 1980s, the United States has experienced a wave of prosperity almost unprecedented in history in terms of wealth creation, new jobs, and improved living standards for all. During the past quarter century, Americans changed the incentive structure on taxes, inflation, and regulation, and as a result the economy roared back to life after the anti-growth, high-inflation 1970s.

Now the rest of the world is following the American economic growth model of lower tax rates, more economic freedom, and sound money. Paradoxically, one country is moving away from these growth policies and putting its prosperity at risk – America.

Official Website: www.heritage.org/press/events/ev020909a.cfm