Economist Art Laffer breaks down what Republicans can do about government spending

Former Reagan Economic Adviser Art Laffer says “government spending is easily brought under control with some prosperity.”  He also discusses the importance of the economy for the 2024 election, saying Biden will be hurt by the state of the economy and Republicans need to “win this election and change the shape of the world.”  Under Biden, he says, “you’ve got chaos, you’ve got uncertainties, you’ve got risk, you’ve got threats,” and all of those are making Americans unhappy with the administration.