I think the inflation prospects for the U.S. over the next five or six, seven years, are quite serious. You cannot have a bumper crop in apples without the value or the price of each apple falling. The Fed has had the largest increase in the monetary base in the history of the U.S., from colonial times to the present, times ten.
What I'm not saying is that all government spending is bad. It's not - far, far from it, but there is no free lunch, as a former colleague of mine us… - Arthur Laffer
What I'm not saying is that all government spending is bad. It's not - far, far from it, but there is no free lunch, as a former colleague of mine us…
- Arthur Laffer
There are 11 states in the United States that in the last 50 years instituted an income tax. So I looked at each of those 11 states over the last 50 … - Arthur Laffer
There are 11 states in the United States that in the last 50 years instituted an income tax. So I looked at each of those 11 states over the last 50 …
The tax rate increases reduce economic growth; they shrink the pie; they cause more poverty, more despair, more unemployment, which are all things go… - Arthur Laffer
The tax rate increases reduce economic growth; they shrink the pie; they cause more poverty, more despair, more unemployment, which are all things go…
Let's take the nine states that have no income tax and compare them with the nine states with the highest income tax rates in the nation. If you look… - Arthur Laffer
Let's take the nine states that have no income tax and compare them with the nine states with the highest income tax rates in the nation. If you look…
You know, without China there is no Wal-Mart and without Wal-Mart there is no middle class and lower class prosperity in the United States. - Arthur Laffer
You know, without China there is no Wal-Mart and without Wal-Mart there is no middle class and lower class prosperity in the United States.
And you can't have a prosperous economy when the government is way overspending, raising tax rates, printing too much money, over regulating and rest… - Arthur Laffer
And you can't have a prosperous economy when the government is way overspending, raising tax rates, printing too much money, over regulating and rest…
We are having the single worst recovery the U.S. has had since the Great Depression. I don't care how you measure it. The East Coast knows it. The We… - Arthur Laffer
We are having the single worst recovery the U.S. has had since the Great Depression. I don't care how you measure it. The East Coast knows it. The We…
Sound money is the sine qua non of a prosperous society. - Arthur Laffer
Sound money is the sine qua non of a prosperous society.
If you like the post office and the Department of Motor Vehicles and you think they're run well, just wait till you see Medicare, Medicaid and health… - Arthur Laffer
If you like the post office and the Department of Motor Vehicles and you think they're run well, just wait till you see Medicare, Medicaid and health…
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