That this article ran in the Financial Times must have been painful for their editorial board..
It's a rare jester of journalistic objectivity from a media source drowning in Keynesian dogma. We don't know what happened. Maybe a little too much ale at the pub last night or whatever.
Laffer was a member of the Ronald Reagan administration, perhaps best known for his Laffer Curve connecting tax cuts to tax revenue. It's pretty simple but you can bet the FT hates it. Lower taxes and tax revenues go up because it simplifies a humongous tax code no human being has ever read in its entirety because that would make most people give up their first born just to avoid so painful an experience.Can anyone here say hello to Brussels?
Forget waterboarding at Guantanamo. Just threaten those detainees with the prospect of reading every single word that code. It's something that should be required of every politician from both of these pathetic political parties if they want to run for re-election. That would clear out some nasal passages.
ft.com/content/8cb63288-bc85-11e6-8b45-b8b81dd5d080#comments
It's a rare jester of journalistic objectivity from a media source drowning in Keynesian dogma. We don't know what happened. Maybe a little too much ale at the pub last night or whatever.
Laffer's characterization of Janet Yellen and Paul Krugman is--and this is just for the FT--spot on, mate.Keep your stinking monkey paws off my economy, you dirty ape. That goes for [liberal economist Paul] Krugman, that goes for Yellen, that goes for all of these would-be dictators of the economy Arthur Laffer.
Laffer was a member of the Ronald Reagan administration, perhaps best known for his Laffer Curve connecting tax cuts to tax revenue. It's pretty simple but you can bet the FT hates it. Lower taxes and tax revenues go up because it simplifies a humongous tax code no human being has ever read in its entirety because that would make most people give up their first born just to avoid so painful an experience.Can anyone here say hello to Brussels?
Forget waterboarding at Guantanamo. Just threaten those detainees with the prospect of reading every single word that code. It's something that should be required of every politician from both of these pathetic political parties if they want to run for re-election. That would clear out some nasal passages.
ft.com/content/8cb63288-bc85-11e6-8b45-b8b81dd5d080#comments
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