Losing Respect for Art Laffer

Peter Schiff won this debate. Notice how smug the Keynesian Laffer is. I will admit, I’ve used to the Laffer Curve in debates before, and I think its valid, but in arguing for limited government,  it surely isn’t. The argument for low taxes for a true conservative shouldn’t be that it brings in more revenue, but that the federal government shouldn’t need that amount of revenue to operate as it should.

Anyway, Schiff is pretty near prophetic in this video. And Laffer’s arrogance and condescension leaves him with egg on his face a year and a half later.


3 responses to “Losing Respect for Art Laffer

  1. Hello. I’m Art Laffer. I need a job. If you have one, for a failed economist, please contact me.

  2. I just sent the youtube link for this video to someone who answers the phone at his office… She said she would send it to his assistant and I told her they should get a good laugh out of it.

  3. Art is one of the creators of the current problems, I hope he has no dollars left, but I am sure thats not the case!

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s