monk222: (Lone Wolf)

Mark my words: If the Democrats succeed in implementing their plan to tax the rich and cut taxes on the middle and lower income earners, this country will experience a fiscal crisis of serious proportions that will last for years and years until a new Harding, Kennedy or Reagan comes along.

-- Arthur B. Laffer for The Wall Street Journal

Funny, I thought we were already suffering some serious fiscal catastrophes that promise to last for years and years after eight years of supply-side Bush. The house is already on fire, but thanks for the prediction, Nostradamus.

A lot of economics in the news these days, which can make for some opaque reading, but one can catch the punch lines.

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monk222

May 2019

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