Art Laffer pushes back on ex-Obama adviser downplaying recession fears: 'I see nothing good on the horizon'

Former Reagan economic adviser Art Laffer warned there is nothing good on the 'horizon' for the US economy as Americans face historic inflation

ART LAFFER: We've already had a recession [with] two quarters back to back with negative growth. [That] is the definition for a recession. That's where it is now. The question is, is it going to keep getting worse? That's the relevant question, but it's a recession already, and how long is it going to last? And from what I see, I don't see any end in sight. I don't see anything that looks good on the horizon on the economy. 

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