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Politics : The Trump Presidency -- Ignore unavailable to you. Want to Upgrade?


To: bentway who wrote (15777)4/22/2017 3:52:50 PM
From: koan  Read Replies (1) | Respond to of 365120
 
lol, where did I ever say that?

I said we should listen to guys like Stiglitz and Krugman, and that I had no idea~

<<I think everyone (but koan) accepts that. It's the 'Laffer Curve' argument, but it's really just common sense pricing theory



To: bentway who wrote (15777)4/22/2017 4:07:21 PM
From: i-node1 Recommendation

Recommended By
TimF

  Read Replies (1) | Respond to of 365120
 
>> We need economic science to step in and determine the exact ( or exact range ) middle.

Well, you can't do it as of right now as there really are no competent models for the entire American economy.
But it is important to keep in mind we really don't know what "optimal" means for the Laffer curve, but it certainly isn't just a matter of finding a local maximum.