I don’t understand this attack on Art Laffer at all. The Laffer Curve is an important part of constructive tax debate in this country. Does he give too much credit to Clinton? Hell yes he does - he should acknowledge that everything Clinton did he likes was sent to him by Newt’s congress.
But that’s about my only problem with him. I figure he does that so he has entry to networks like CNBC and so on. But the Laffer curve is a great description of how human nature reacts to tax policy. This is a mindless post IMO.
Laffer said Cain's 9-9-9 plan is sound so of course that makes him the subject of today's bile from marty
ABsolutely agree....this post is almost ‘entertaining’.
ABsolutely agree....this post is almost ‘entertaining’.
“I don’t understand this attack on Art Laffer at all.”
I do.
Laffer endorsed Cain’s 9/9/9 plan as genius.
Romney and Romneybots therefore attacks Laffer.
You've got that right. lol
The problem with the Laffer Curve is that it's an abstract construction. No one knows the actual shape of the curve, and no one can say where we are on it.. Another problem is that the intent behind the creation of the curve is the maximization of government revenue, finding that sweet spot that allows them to skim the greatest amount of the economy.