Originally Posted by Havakasha
Laffer is one of your economic heroes John and yet you offer absolutely NO defense for how wrong he was when it came to understanding the state of our economy. You base your economic "common sense" and "logic" () on that man John. That means your opinions on economics are worth nothing. Be a man. Own up.
Now who is the real dumbass.
Game. Set. Match. As i was saying.
No dumbass you missed the point totally as usual. Do I really need to go on about all the economist and democrats that believed and said if we only passed the Obama stimulas that we would not go over 8% unemployment. Do I really need to go over all the economist, president and democrats that believed this was the recovery summer.
So if all those democrats (who were suppose to be "in the know" and were warned time and time again) did not know how bad the housing bubble was then how was laffer. Laffer's theory has nothing to do with housing it has everything to do with income tax rates. It was the HOUSING BUBBLE THAT BURST THAT CAUSED THIS DEEP RECESSION!!!!!! NOT THE BUSH TAX CUTS. Fanny and Freddy were the ROOT CAUSE of this deep recession.
The point is, since you feel that way about laffer for not seeing the future in housing, then you also have to feel that every democrat that was saying Fanny and Freddy are doing, "Fine" and "a good job" should be tossed out on there ear, right.
So now here it comes the game ender:
"Orszag: Extend The Bush Tax Cuts"
Yes he is saying ALL of them!!!!!!
We know you are the dumbass that has been proven time and time again.
That is the game, set, and match, you dumb twit.