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Reply #24: There is a reason supply side economics is known as the "laugher curve" [View All]

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yellowcanine Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-03-10 11:00 AM
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24. There is a reason supply side economics is known as the "laugher curve"
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  -Reagan advisor Arthur Laffer makes the most bogus claim ever in favor of Bush's tax cuts for rich ProSense  Aug-02-10 10:00 AM   #0 
  - Bullshit. Their stock and trade.  NC_Nurse   Aug-02-10 10:02 AM   #1 
  - So where are the jobs from the Bush tax cuts? Oh, that's right....  arbusto_baboso   Aug-02-10 10:02 AM   #2 
  - China has no tax on capital gains!  golfguru   Aug-02-10 10:36 AM   #9 
     - And they allow employer's to pay virtual slave-wages.  arbusto_baboso   Aug-02-10 11:22 AM   #10 
     - You are forgetting one thing...China has more supply of labor  golfguru   Aug-02-10 07:33 PM   #20 
     - Awesome, So we should be like China and Russia  Raine1967   Aug-02-10 11:49 AM   #15 
        - It'd be nice to get some economic growth like China  Common Sense Party   Aug-02-10 01:42 PM   #18 
        - We are talking about formerly communist/socialist countries  golfguru   Aug-02-10 07:27 PM   #19 
  - Why isn't the WSJ concerned that Laffer's theory has already been proven wrong?  tridim   Aug-02-10 10:04 AM   #3 
  - suggest replacing well-trained economists  BootinUp   Aug-02-10 10:07 AM   #4 
  - His graph indirectly illuminates the tremendous rise in inequality  BootinUp   Aug-02-10 10:11 AM   #5 
  - How long is it supposed to take for trickle down to trickle down?  tularetom   Aug-02-10 10:22 AM   #6 
  - Yes, you give the rich tax breaks and they just go out and create jobs whether...  ClassWarrior   Aug-02-10 10:30 AM   #7 
  - What none of these idiots can tell us is why are the rich corps not spending their money from these  Jennicut   Aug-02-10 10:32 AM   #8 
  - If the Bush tax cuts resulted in all these jobs, why is unemployment so high?  DrToast   Aug-02-10 11:25 AM   #11 
  - He's STILL making the same outragous claim!  Alcibiades   Aug-02-10 11:43 AM   #12 
  - Has he taken a look at the unemployment rate right now?  Raine1967   Aug-02-10 11:47 AM   #13 
  - Laffer is to Economics as Kangaroos are to Particle Physics.  Ikonoklast   Aug-02-10 11:47 AM   #14 
  - Laffer Is Not An Economist. He's A Paid Propagandist Posing As An Economist  Yavin4   Aug-02-10 12:01 PM   #16 
  - It's as if the last 30 years never happened.....  Jeff In Milwaukee   Aug-02-10 12:09 PM   #17 
  - He is correct in his way... though terribly wrong. The details matter.  Kurt_and_Hunter   Aug-02-10 07:44 PM   #21 
  - The problem is that this  ProSense   Aug-02-10 08:49 PM   #23 
  - If they'd been taxed correctly back then there wouldn't of been wild speculation with the excess  ProgressOnTheMove   Aug-02-10 08:38 PM   #22 
  - There is a reason supply side economics is known as the "laugher curve"  yellowcanine   Aug-03-10 11:00 AM   #24 

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