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Description
Arthur Laffer -- the father of supply-side economics and a member of President Reagan's Economic Policy Advisory Board -- joins economist Stephen Moore of The Wall Street Journal editorial board and investment advisor Peter J. Tanous to send Americans an urgent message: We risk losing the... read more
Memorable Quotes
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“And moving up the ladder is the rule, not the exception, in America today”
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“Barack Obama and many other leading Democrats favor a windfall profits tax on oil companies and anti-price-gouging laws”
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“Ford's biggest failing was in misunderstanding how to combat inflation, which was still raging”
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“Nixon saw federal spending as stimulatory for the economy, and that is when he declared himself a Keynesian”
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“Our true choice is not between tax reduction, on the one hand, and the avoidance of large Federal deficits on the other”
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“Tax revenues were falling because rich people were fleeing the state in record numbers”
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“The greater net wages received, the more willing a worker is to work”
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“The short answer is that we aren't just optimists, we are first and foremost realists”
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“the top 1% received 60% of the gain from the 80's boom”
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“Today the poor generally have access to more modern goods, services, and technologies than the middle class did in the middle of the last century”
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“What we have not been able to get the politicians to understand, though, is that you can't get rich people to pay more in tax revenues by raising their tax rate”
First Sentence
Table of Contents
Authors & Contributors
- Arthur B. Laffer (Author)
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