What makes the Laffer curve so laughable is that we have been on the losing end of it since it was drawn on the back of a napkin. It is logical - in theory - but has never been demonstrated in the real world, because the real world doesn't work like that.


A well reasoned argument is like a diamond: impervious to corruption and crystal clear - and infinitely rarer.

Here, as elsewhere, people are outraged at what feels like a rigged game -- an economy that won't respond, a democracy that won't listen, and a financial sector that holds all the cards. - Robert Reich