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Posted on 12/28/2011 5:06:30 PM PST by SeekAndFind
Arthur Laffer, the architect of Ronald Reagan’s economic plan, announced today that he is endorsing Newt Gingrich for president.
"Newt has the best plan for jobs and economic growth of any candidate in the field,” said Laffer, the renowned economist who is the father of The Laffer Curve and supply-side economics.
“Like Ronald Reagan’s tax cuts and pro-growth policies, Newt’s low individual and corporate tax rates, deregulation. and strong dollar monetary policies will create a boom of new investment and economic growth leading to the creation of tens of millions of new jobs over the next decade,” Laffer declared. “Plus, Newt’s record of helping Ronald Reagan pass the Kemp Roth tax cuts and enacting the largest capital gains tax cut in history as speaker of the House shows he can get this plan passed and put it into action.”
Laffer, who will join Gingrich in Storm Lake, Iowa, Thursday for a formal news conference announcing the endorsement, said, "Rebuilding the America we love requires returning to job creation and economic growth. We need big changes to fix the economy, and I am ready to stand up to Barack Obama’s class warfare rhetoric to make the case that letting the American people keep more of what they earn is the best way to create jobs.”
(Excerpt) Read more at newsmax.com ...
So what? Glenn Hubbard from Columbia is great and he is Romney’s adviser. The key word is adviser.
If Professor Laffer like Newt, that speaks volumes.
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Newt’s by far the smartest of the candidates, so it’s only natural he’s endorsed by the other smartest people in the room.
well said
“”Newt has the best plan for jobs and economic growth of any candidate in the field,” said Laffer”
This is the best reason to support Newt. Romney disavowed Reagan in 2002. Newt was part of the Reagan revolution.
Agreed, sadly I still have that image of him and Pelousy on that D@MN couch etched in my memory.
I also belive that the attacks he's been receiving from the “compassionate” Marxists will solidify his conservative foundations, and make him see these Communists for who they really are. His demeanor thus far tells me Newt doesn't want to play nice with the Communists.
THOMAS SOWELL basically endorsed Newt today.
yitbos
Why didn’t you make this breaking News! This is huge!!!
First it was a Yeehawed on Obama by Perry. Then it was beat Obama with a Cain. Now the GOP has the Newtron Bomb. I hope this doesn’t end up with putting on the Mitts.
That’s an impressive endorsement.
This would make me an extremely happy person on 3 January
Santorum
Bachmann
Perry
Huntsman
Paul
Newt
Romney
Obama would be doing the happy dance if that happened.
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