McCain repeats Gibson's Laffer curve nonsense, claims obama is out of touch on economy

[ProfessorPlum]

Run time: 00:37 https://www.youtube.com/watch?v=ip9yoYHuN1Q   Posted on YouTube: April 20, 2008 By YouTube Member: Views on YouTube: 0   Posted on DU: April 21, 2008 By DU Member: ProfessorPlum Views on DU: 987

 
We can now see the brilliance in conventional wisdom forcing average Americans to invest small amounts of their wealth in the stock market. It's a beautiful bait and switch to cut capital gains taxes to the barest minima.

[havocmom]

1. The guy who suggested axing gas tax is calling Obama out of touch.

:rofl:

[AlbertCat]

2. The Neo-Laffer curve

Here, thanks to Martin Gardner, is what a "real" Laffer curve demonstrates:

http://en.wikipedia.org/wiki/Image:Neo-Laffer-Curve.svg

[LongTomH]

3. Deja Voodoo all over again!

The same shit that brought us three really deep recessions - at last count.

I think people are finally figuring out there's no pony underneath that pile - it's horseshit all the way down!:puke: :puke:

[PerpetuallyDazed]

4. Are you kidding me?

Pot, meet kettle.

[Jack Rabbit]

5. Any one who still believes in the Lafter curve is out of touch

What do you think has been happening to the economy for the last eight years, Senator?