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Politics : Formerly About Advanced Micro Devices
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To: i-node who wrote (685897)11/23/2012 12:41:21 PM
From: combjelly  Read Replies (1) of 1579699
 
Hell, Laffer himself has plainly stated that government spending is not stimulative and in fact tends to depress an economy -- which is consistent with the results under FDR, Clinton and Obama.


Nonsense and you know it. Yeah, the economy was in the crapper under Clinton. Laffer is hardly an objective source. In that WSJ opinion piece, he cooks the numbers. His figures only go to 2009, which was not post recession and contained the time when the fall in GDP was the worst.

Here is an article analyzing Laffer's.

forbes.com

And here.

business.time.com
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