Thursday, June 8, 2017

Jared Bernstein — KS legislature for the win!

Supply-side economics and the Laffer curve fail in the State of Kansas.
The only thing you can be sure of re tax cuts is the first order effect: revenue losses. Beyond that, linkages between tax changes and growth are 98.8% phony rhetoric, 1.2% ambiguous economics. The KS legislature learned that the hard way, but at least they learned it.
On the Economy
KS legislature for the win!
Jared Bernstein | Senior Fellow at the Center on Budget and Policy Priorities and former Chief Economist and Economic Adviser to Vice President Joe Biden in the Obama Administration


Penguin pop said...
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Penguin pop said...

You have to be mentally ill not to see how much of a disaster that type of economics is at a state level. Go Kansas!