[MNJohnnie]

He didn’t. He made up a bunch of stuff about Laffer that has NO base in fact. You can get the real facts about Laffer at the following links

http://www.cnbc.com/id/24732335

http://en.wikipedia.org/wiki/Arthur_Laffer

[pgkdan]

He's not making anything up and your citation of Wikipedia to prove your point is laughable. I heard Laffer admit in an interview that he considered himself a democrat because of social issues and that he voted for Clinton twice.

The amount of influence that Laffer had in the formulation of Reagan's tax policies is debatable but even if you give him all the credit you still have to admit that he over estimated the positive effect of those policies because he trusted the Congress to follow through with spending cuts. They never did and Reagan has since been blamed for exploding the deficit.

Reagan's tax cuts did indeed increase federal revenues, but the democrat Congress spent every new dollar that came in and another $.50 on top of that! It was not until we had a Republican House...engineered and led by Newt Gingrich...that Congress finally upheld their part of the deal and actually cut spending. Revenues increased even more, to the point that Bill Clinton is given credit for 'balancing the budget' and producing a surplus.

When Laffer praises Cain's 9-9-9 he makes the same kind of flawed assumption. Namely that at some point Congress will abolish the income tax and we won't forever be on the hook for ever increasing income tax rates and federal sales tax rates. That's a fantasy! 999 will produce double taxation on us forever and will be 20-20-20 or worse before I end my work life. Count on it! Woodrow Wilson guaranteed that the Income Tax would never be more thaan 2%...how did that work out?

[Pelham]

marty60 isn’t as far off as some of you think.

This is a list of Reagan’s Council of Economic Advisors:

http://www.reagan.utexas.edu/archives/reference/ceastaff.html

Laffer is conspicuously missing.

This isn’t a surprise since Laffer had left government service before the Reagan administration took office.

Laffer was working as a private consultant and teaching college during the 1980s. He lets interviewers praise him as “the architect of Reaganomics” and other such things, which contributes to why so many people think that’s what he was.

The closest Laffer came to working for Reagan was by belonging to a committee of outside economic advisors.

[Cyber Liberty]

Is it a lie Art Laffer said he voted for Clinton twice? Not being snarky, I just want to know....