It was disappointing to hear Fran Kelly on Radio National yesterday having a jolly interview with Art Laffer in which she did not raise the matter of Kansas and its disastrous, on going, tax cutting experiment.
Unemployment in Kansas - lagging badly.
Lost revenue in Kansas - credit rating lowered, roads and school funding cut.
Art Laffer - still defending it.
1 comment:
what about his prediction about hyperinflation?
He is about as good as Davidson in predicting things.
That is what happens if you live on another planer!
It is his idea that led to the Reagan deficits!
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