Does anyone believe that Arthur Laffer, Ronald Reagan’s guru, the author and prime suspect in the catastrophe known as “voodoo economics” is really an economist? He does. And after years of hard work–economics is not bean bags;there are equations and charts and calculations, and sticking your neck out to make projections–he deserves to consider himself [...]
Entries Tagged as 'Arthur Laffer'
Laffer Is Laughable…But It’s Not Funny.
February 10th, 2011 · Comments Off · Politics, taxes, Wall Street
Tags: annual deficits·Arthur Laffer·national debt·Neocon policies·Ronald Reagan·tax cuts
Voodoo Economics Versus Outright Fraud
July 16th, 2010 · Comments Off · Capitalism, Politics, Populism, Wall Street
Here’s what “Voodoo Economics” is all about. Voodoo Economics refers to a theory put forth by economist Arthur Laffer in 1980…and perhaps remains his personal approach…that says that when you cut taxes the economic benefits that will accrue from that greater spending capacity will so greatly increase the domestic output that the resulting taxes will [...]
Tags: Arthur Laffer·austerity·Neocon economics·Neoconservative tax cuts for the rich·Neoconservatives·Reaganomics·Right Wing Neoconservatives·tax cuts·voodoo economics