Dr. Arthur Laffer - Part 1
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this guy is insane! i say that because his emotions block him from the truth. he was brutally proven wrong by peter schiff back it 2006 and he said during the 2008 and 2009, the economy would be doing great, the housing market would still be better than ever and that wealth would continue to grow for all americans. was he right? no Arthur, you failed at your job during that time, you failed, you made it worse and hurt many people. you should stop doing what your doing, for the safety of america.
TylerThrashPeace 1 year ago
I am wasting my time on you shill. I have shown you 15 things Laffer got wrong in ONE interview along with his admission that his honor was at stake if he was wrong. So what is the point you are arguing in regards to my initial posting? I have backed up my claims and you talk about if I have ever taken an A P class. Good work shill, mystery solved. Your crushing "shill" logic has thwarted my documented facts. Do you have an Art Laffer blow up doll by any chance? I bet you do. Bye shill.
fishingthewatershed 2 years ago
P.S. I would love to see your real profile shill.
fishingthewatershed 2 years ago
Nice try shill, can't win a debate so you try to change the issues. Those classes obviously didn't help you since I have shown you that Laffer was way off base. If you want to believe that trade deficits are good for the economy then I can only feel relieved that you aren't an economist. Laffer himself said his honor is on the line when he made these outrageous claims. By his own words he lost his credibility. If you have trouble with any of these concepts shill then please let me know.
fishingthewatershed 2 years ago
PS: I'd love to see where your views are in economics... Sounds like you only listen to one economist...
albertsamerica 2 years ago
Ever heard of an AP Class? Of course not... I'm taking the class, because it does help - you wouldn't know that you fool. I don't need to tell you my future plans, but you obviously don't know much about economics, except for what u've read from Schiff...
albertsamerica 2 years ago
Hey shill, I've made my point over and over and over, you are the one who can't get around the truth. I see you trying to lead the discussion away from the original intent. As for your economics class remark, if you took an economics class (at 17 years old....right) and I am kicking your ass with logic then why would I want to take a class that obviously didn't help you at all. Many of the greatest minds in science, mathematics, AND economics were self taught, will you ridicule them? Shill
fishingthewatershed 2 years ago
so please don't call me a "shill"... I'd like to see what ur education in economics is... Just by ur rant, i can tell you've *never* taken an economics class - or recently... Laffer is right on paper value, what you SHOULD be saying is "Paper value is not reliable"... Paper money is value... And Schiff supports going back to the gold standard - if we do that, the value of the dollar WOULD be MUCH lower than it is now - everyone or most people, know this...
albertsamerica 2 years ago
PS: I have nothing wrong with you pointing out his mistakes in the current video - i just want to ask you what is your view on economics? Or have you ever taken it before?
"built our economy on trade deficits " you think that is "bad"... Have you ever taken a basic class on international trade? No you haven't...
So far, the monetary policy has been okay... Bailing out the banks was the right thing to do... I just have a problem with Obama wanting lower interest rates... (gov loans to banks)
albertsamerica 2 years ago
But fine, i can see you hate Laffer... As for as i'm concerned, Schiff was DEAD wring in 2002, and i don't think he's an idiot...
You name one person who has a perfect record in economics - you'll never find one. I'm just defending a man you should respect. Last time i checked, he and Schiff agree on most issues - and he's been right many times before...
albertsamerica 2 years ago