Arthur Laffer's Supply-Side Gloom

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Mises-Hayek vs Keynes....seems no contest to me. It's Nobel prize vs nothing Mises makes sense and Keynes doesn't.

Bill Ricker of TX 4:32PM March 26, 2009

With numerous statist liberals picked by Obama for his cabinet are found to have some sort of tax trouble in their recent past, it seems that Mr. Laffer is correct after all.

Statist liberals bloviate about how paying higher income tax is "patriotic" (quoteth ye Court Jester, Joe Biden) but when the rubber (not condom, in this case...) meets the road, liberals believe in LOW taxes...for THEM, but not the rest of us.

Bernard M. Russelman of NJ 4:23PM March 12, 2009

http://www.youtube.com/watch?v=2I0QN-FYkpw&eurl=http://www.huffingtonpost.com/2008/11/24/kristol-wrongly-impugns-e_n_146144.html

Enough said.

of NJ 8:11PM December 16, 2008

I had a chance to revisit a late 2006/ early 2007 interview that included comments and projections by both Arthur Laffer (who happened to be 100% incorrect), and Peter Schiff (who has called all financial projections into the future 100% correctly). This guy can truly read the crystal ball and see the future with 20/20 vision.

Here is the link... don't take my word.... but their words directly from their mouth's. Laffer is a joke and ignorant of financial matters. I would not trust him with my daughter's piggy bank. Peter Schiff is 100% correct... I wish he was investing my money for me.

http://www.youtube.com/watch?v=LfascZSTU4o&feature=related

cut and paste into browser sit back and enjoy....

Bob of TN of TN 11:16PM December 03, 2008

wow, why would anyone listen to this guy after he said unequivocally that, we will not be in any means in a credit based crisis that would affect not only us, but the globe. he was adamant.

jelly of GA 9:48PM November 25, 2008

There's a youtube video showing him in 2007 absolutely denying we'd have any recession in 2008.

Clueless.

of IL 5:57PM November 24, 2008

I should not really have to say any more than this video tells. Just cut & paste into your browser & you will see what I mean... http://www.youtube.com/watch?v=2I0QN-FYkpw

Billy of MO 11:36AM November 20, 2008

Laffer was the same guy who told us the economy was just fine, right before the crash. What a joke this guy is. If you want proof, here it is. http://patrick.net/housing/contrib/schiff.html

It's time to put Laffer out to pasture with all the failed economic policies of bush and the other neocons.

it's the end of the world as we know it, and thanks to the fed, I feel fine.

don

don Van Moore of WI 7:50PM November 17, 2008

The banks have all the money they need for lending,so where is the demand. I believe the recession will continue until demand returns. False demand was created by easy bank lending practices,the sub-prime mortgage market,and more importantly, greed by those at the top of the financial food chain. Demand fueled by the credit markets is not sustainable. The financial bailout is not a solution because it encourages the same bad behavior that got us into this mess. The federal government needs to do twoe things to increase demand. A tax deduction or credit should be allow for capital losses on all primary residences to increase demand in the mortgage market and stabilize prices. This should be paid for with a portion of the bailout package and it provides direct relief to mainstreet. Secondly, the government should provide incentives to companies that create and hire new workers. This approach will provide mainstreet with the bailout its been asking for and one that really works.

Jim of GA 1:20PM November 16, 2008

http://www.youtube.com/watch?v=2I0QN-FYkpw

This clip pretty much ends this guy's career.

Tom of CA 3:24PM November 15, 2008

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Kirk Shinkle is a senior editor at U.S. News. He writes daily about ups and downs in equity markets, sectors and stocks. Formerly, he covered business and economics on both coasts for Investor's Business Daily.

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