Mises-Hayek vs Keynes....seems no contest to me. It's Nobel prize vs nothing Mises makes sense and Keynes doesn't.
Bill Ricker
of TX
@
Mar 26, 2009 16:32:21 PM
Low taxes do work!
With numerous statist liberals picked by Obama for his cabinet are found to have some sort of tax trouble in their recent past, it seems that Mr. Laffer is correct after all.
Statist liberals bloviate about how paying higher income tax is "patriotic" (quoteth ye Court Jester, Joe Biden) but when the rubber (not condom, in this case...) meets the road, liberals believe in LOW taxes...for THEM, but not the rest of us.
Bernard M. Russelman
of NJ
@
Mar 12, 2009 16:23:39 PM
Arthur Laffer's VERY WRONG IN PAST...WHY BELIEVE HIM NOW
I had a chance to revisit a late 2006/ early 2007 interview that included comments and projections by both Arthur Laffer (who happened to be 100% incorrect), and Peter Schiff (who has called all financial projections into the future 100% correctly). This guy can truly read the crystal ball and see the future with 20/20 vision.
Here is the link... don't take my word.... but their words directly from their mouth's. Laffer is a joke and ignorant of financial matters. I would not trust him with my daughter's piggy bank. Peter Schiff is 100% correct... I wish he was investing my money for me.
wow, why would anyone listen to this guy after he said unequivocally that, we will not be in any means in a credit based crisis that would affect not only us, but the globe. he was adamant.
jelly
of GA
@
Nov 25, 2008 21:48:48 PM
This Laffer is a Joke
There's a youtube video showing him in 2007 absolutely denying we'd have any recession in 2008.
Clueless.
of IL
@
Nov 24, 2008 17:57:51 PM
This guy is a Doofus
I should not really have to say any more than this video tells. Just cut & paste into your browser & you will see what I mean... http://www.youtube.com/watch?v=2I0QN-FYkpw
Billy
of MO
@
Nov 20, 2008 11:36:06 AM
Laffer has been wrong so many times, Its Laffable, lol
Laffer was the same guy who told us the economy was just fine, right before the crash. What a joke this guy is. If you want proof, here it is. http://patrick.net/housing/contrib/schiff.html
It's time to put Laffer out to pasture with all the failed economic policies of bush and the other neocons.
it's the end of the world as we know it, and thanks to the fed, I feel fine.
don
don Van Moore
of WI
@
Nov 17, 2008 19:50:10 PM
Demand is the real problem
The banks have all the money they need for lending,so where is the demand. I believe the recession will continue until demand returns. False demand was created by easy bank lending practices,the sub-prime mortgage market,and more importantly, greed by those at the top of the financial food chain. Demand fueled by the credit markets is not sustainable. The financial bailout is not a solution because it encourages the same bad behavior that got us into this mess. The federal government needs to do twoe things to increase demand. A tax deduction or credit should be allow for capital losses on all primary residences to increase demand in the mortgage market and stabilize prices. This should be paid for with a portion of the bailout package and it provides direct relief to mainstreet. Secondly, the government should provide incentives to companies that create and hire new workers. This approach will provide mainstreet with the bailout its been asking for and one that really works.
Kirk Shinkle is a senior editor at U.S. News. He writes daily about ups and downs in equity markets, sectors and stocks. Formerly, he covered business and economics on both coasts for Investor's Business Daily.
Bill Ricker of TX @ Mar 26, 2009 16:32:21 PM
Bernard M. Russelman of NJ @ Mar 12, 2009 16:23:39 PM
of NJ @ Dec 16, 2008 20:11:59 PM
Bob of TN of TN @ Dec 03, 2008 23:16:20 PM
jelly of GA @ Nov 25, 2008 21:48:48 PM
of IL @ Nov 24, 2008 17:57:51 PM
Billy of MO @ Nov 20, 2008 11:36:06 AM
don Van Moore of WI @ Nov 17, 2008 19:50:10 PM
Jim of GA @ Nov 16, 2008 13:20:26 PM
Tom of CA @ Nov 15, 2008 15:24:55 PM
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