Wednesday, April 26, 2017

I remember it well

TRUMP'S TAX PLAN RESURRECTS THE LAFFER CURVE


The famous napkin on which Art Laffer drew his curve for Dick Cheney, Donald Rumsfeld and Jude Wanniski.  Ronald Reagan campaigned on it and implemented it.  Bush 41 called it "voodoo economics".  Another Bush, another mistake.

The napkin is now on display at the National Museum of American History.

(For those who are interested, check out the Larry Kudlow podcast from last Saturday for his interview with Art Laffer.)

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