Posted by
ApolloSpeaks on Friday, July 01, 2011 2:59:11 PM
Boehner strikes out man-child Obama with Laffer Curve ball.
Blogging for Pajams Media today Scott Ott writes:
"House Speaker John Boehner should give in to President Obama’s demand for greater tax revenues as part of a deal — along with massive spending cuts — to cap the debt ceiling.In fact, one could argue that the single most effective action that Republicans could take right now would be to jack up tax revenues. Under this plan, the rich would pay substantially more into the U.S. Treasury....BY CUTTING THEIR TAXES (see)."
Great advice that Boehner should act on immediately by going on the Supply-Side offensive against the economic imbeciles from the President on down in Congress and the Liberal media. He needs to take out the Laffer Curve and educate the public on the revenue enhancing virtues of tax cuts by showing the historical data from the 1920s, 1960s, 1980s, 1990s and beyond. He needs to show the public that the LAFFER CURVE is a solid, proven, irrefutable theory for increasing federal tax revenues. He needs to show how slashing taxes on the rich made government richer in tax receipts under Harding/Coolidge, Kennedy/Johnson, Reagan, Clinton and George W. Bush. Boehner needs to provoke the President and Dems to a great debate. He must dare to challenge their misconceptions and lies about Supply Side Economics and free market solutions for deficit reduction and recovery. He must expose the trickery and bankruptcy of leftist tax and spend ideas; and disprove that raising taxes is a better revenue enhancer than slashing them. Boehner needs to show that Liberalism is Herbert Hooverism; that Obama is a modern day Hoover, a well meaning but ignorant man who raised taxes during a recession on the employer/productive class and plunged America into a Depression-which his anti-business, tax hiking successor blindly prolonged. In short, Boehner needs to menace Obama and the Dems with the truth and make them look like the sorry, incompetent fools that they are on economic and fiscal matters. Educate the public Mr. Speaker! Discredit Obamanomics and demand side solutions and give the Dems hell
For your economic edification read the following Forbes article on the Laffer Curve A Victory For The Laffer Curve, A Defeat For England’s Economy - Business in The Beltway - Money & Politics - Forbes