October 29th, 2008The End of Art Laffer And The Age Of Prosperity
Art Laffer just released a new book entitled The end of prosperity:

The End of Prosperity: How Higher Taxes Will Doom the Economy–If We Let It Happen by Arthur B. Laffer
The New York Times just gave him free publicity by allowing him to write his own pump piece about the book. In the article, Mr. Laffer criticizes the administration on their $700 billion bailout and socialization of banks. He calls for a market driven correction instead of government interference. He cites several economic statistics in the article and in the book, but unfortunately, most of them are wrong. In what seems to be intentional humor, he praises former president Clinton for “strengthening what had begun under President Reagan”. Art Laffer was Reagan’s former economic adviser; many people now believe that Reagan was already undergoing severe head trauma caused by Alzheimer’s when he made that idiotic selection.
For additional information on Art Laffer, refer to:
Needless to say, this is one book I do NOT intend to buy.