(VIDEO) Tim Cavanaugh, Reason.tv: Art Laffer on California

By the Left Coast Rebel


From Reason.tv:

"It's not Republican, it's not Democrat. Honestly, it's not liberal, it's not conservative ... It's economics," says Economist Art Laffer. "If you tax people who work and you pay people who don't work, don't be surprised when you get a lot of people not working."

Laffer is the founder of supply side economics, the namesake of the "Laffer curve" and the author of the new book, Eureka! How to Fix California. He sat down with Reason.com's managing editor, Tim Cavanaugh at the offices of the Orange County Register, to talk about why Texas has a better tax structure than California, the power of public employee unions and what he really thinks of California governor Jerry Brown.

1 comment:

  1. "It's not Republican, it's not Democrat. Honestly, it's not liberal, it's not conservative ... It's economics," says Economist Art Laffer. "If you tax people who work and you pay people who don't work, don't be surprised when you get a lot of people not working."
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    Laffer gets it. Why doesn't Congress get it? Why doesn't President Obama get it?

    And, by the way, um, Mr. President, how's that budget proposal working out for you that NONE of your Democrats approved? That's gotta make you wonder if they even like you anymore.

    ReplyDelete

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