The Five Pillars of Prosperity

THANK YOU TO HELEN JEAN MITCHELL FOR HER SPONSORSHIP/PARTNERSHIP OF THE SHOW!

Helen Jean Mitchell joins Kim in studio and begins the week with inflation on their minds. Kim announces a new Salon Series web event being held on May 20th with tickets going on sale this Wednesday. Candid COVID Conversation will feature Lakewood City Councilwoman Ramey Johnson and Kim as hosts. Panelists include Dr. Jill Vecchio explaining the virus, symptoms, treatments & the vaccine, Matt Durkin addressing COVID crime, Priscilla Rahn regarding the education of our kids and Sue Kenfield, expert on resiliency and mental well-being.

HB21-1294 K-12 Education Accountability Systems Performance Audit is accurately assessed by Representative Larson who states that this is a “diversion of resources and … time.” We need to teach students the basics instead of using a clipboard to check off boxes, and get to the root of why scores are stagnant. The Democrat state legislators controlling the government are poised to never allow TABOR (Taxpayer’s Bill of Rights) refunds as they work on financial “gymnastics.” Representative DeGette (CD-1) comes to the aid of the Homeless Industrial Complex as she works to pork barrel federal funds to her district to buy a hotel for the homeless. These federal funds do not really exist. Money is being printed and we are pledging the future of our kids and grandkids for the pork barrel spending.

Jason McBride, Senior Vice President with Presidential Wealth Management, states that to defend against inflation is one of the toughest actions one can take. In the past gold was a hard asset to acquire but there is no longer a gold standard. Some are looking at cryptocurrency and Jason warns about its volatility and vulnerability. Give Jason a call at 303-694-1600 to review your financial portfolio and discuss strategy for future success.

Helen and Kim discuss the Five Pillars of Prosperity presented by Dr. Art Laffer. Dr. Laffer is known as the “father of supply-side economics.” Laffer is an economist and past advisor to President Reagan. In 2016 he was an advisor along with Stephen Moore to President Trump. The Five Pillars are: (1) The Lower the Taxes the Better; (2) Stop Excess Spending; (3) Good Monetary Policy; (4) Less Federal Regulation and; (5) Free Trade. Some of the key points include taxation punishes people, Washington is out of control, freedom of choice brings responsibility to spending, excessive regulation limits freedom and prevents competition, and free and fair trade is essential for human flourishing and prosperity.