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Arthur Laffer Quotes: With the shrinking of the US economy, and it's shrinking very rapidly, you not only have more money, but you also have fewer goods. That's a classic double-whammy on inflation.
         

With the shrinking of the US economy, and it's shrinking very rapidly, you not only have more money, but you also have fewer goods. That's a classic double-whammy on inflation.


Arthur Laffer
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Other quotes of Arthur Laffer


Government spending is taxation. When you look at this, I've never heard of a poor person spending himself into prosperity; let alone I've never heard of a poor person taxing himself into prosperity.

Government spending is taxation. When you look at this, I've never heard of a poor person spending himself into prosperity; let alone I've never heard of a poor person taxing himself into prosperity.



And just remember, every dollar we spend on outsourcing is spent on U.S. goods or invested back in the U.S. market. That's accounting.

And just remember, every dollar we spend on outsourcing is spent on U.S. goods or invested back in the U.S. market. That's accounting.



It is not true that Congress spends money like a drunken sailor. Drunken sailors spend their own money. Congress spends our money.

It is not true that Congress spends money like a drunken sailor. Drunken sailors spend their own money. Congress spends our money.



The tax rate increases reduce economic growth; they shrink the pie; they cause more poverty, more despair, more unemployment, which are all things government is trying to alleviate with spending.

The tax rate increases reduce economic growth; they shrink the pie; they cause more poverty, more despair, more unemployment, which are all things government is trying to alleviate with spending.



And you can't have a prosperous economy when the government is way overspending, raising tax rates, printing too much money, over regulating and restricting free trade. It just can't be done.

And you can't have a prosperous economy when the government is way overspending, raising tax rates, printing too much money, over regulating and restricting free trade. It just can't be done.



People can also change the timing of when they earn and receive their income in response to government policies.

People can also change the timing of when they earn and receive their income in response to government policies.



It has always amazed me how tax cuts don't work until they take effect. Mr. Obama's experience with deferred tax rate increases will be the reverse. The economy will collapse in 2011.

It has always amazed me how tax cuts don't work until they take effect. Mr. Obama's experience with deferred tax rate increases will be the reverse. The economy will collapse in 2011.



You know, without China there is no Wal-Mart and without Wal-Mart there is no middle class and lower class prosperity in the United States.

You know, without China there is no Wal-Mart and without Wal-Mart there is no middle class and lower class prosperity in the United States.



You want to prove that Milton Friedman is a fascist? It's easy. Quote him.

You want to prove that Milton Friedman is a fascist? It's easy. Quote him.



If you like the post office and the Department of Motor Vehicles and you think they're run well, just wait till you see Medicare, Medicaid and health care done by the government.

If you like the post office and the Department of Motor Vehicles and you think they're run well, just wait till you see Medicare, Medicaid and health care done by the government.





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I am a big fan of vampires. I've always been obsessed with the genre, and the beautiful romanticism and erotic kind of nature of the immortal being, the undead who lives on human blood.

I am a big fan of vampires. I've always been obsessed with the genre, and the beautiful romanticism and erotic kind of nature of the immortal being, the undead who lives on human blood.



It is curious how sometimes the memory of death lives on for so much longer than the memory of the life that is purloined.

It is curious how sometimes the memory of death lives on for so much longer than the memory of the life that is purloined.



Come, let's be a comfortable couple and take care of each other! How glad we shall be, that we have somebody we are fond of always, to talk to and sit with.

Come, let's be a comfortable couple and take care of each other! How glad we shall be, that we have somebody we are fond of always, to talk to and sit with.



I'm always working out; I did ice hockey in high school, but I'm not a dance person. I mean, this was horrible, but I had a dance double in my high-school musical.

I'm always working out; I did ice hockey in high school, but I'm not a dance person. I mean, this was horrible, but I had a dance double in my high-school musical.



I am in the poison gas business. Advertising should make you choke, make your eyes water, make you feel sick.

I am in the poison gas business. Advertising should make you choke, make your eyes water, make you feel sick.



I've got really good people around me, and I feel really blessed to get to do everything I get to do, so to me it's a joy.

I've got really good people around me, and I feel really blessed to get to do everything I get to do, so to me it's a joy.



Jesus has been in my room. He has taken my hand and told me, No, Not now. I have other things for you to do.

Jesus has been in my room. He has taken my hand and told me, No, Not now. I have other things for you to do.



Ignorance is the soil in which belief in miracles grows.

Ignorance is the soil in which belief in miracles grows.



Some people are really good at packaging themselves, but that's not really me.

Some people are really good at packaging themselves, but that's not really me.



All thoughts, desires, conventions, attachments which come from outside must be ruthlessly pushed away.

All thoughts, desires, conventions, attachments which come from outside must be ruthlessly pushed away.




Quote Description


This page presents the quote "With the shrinking of the US economy, and it's shrinking very rapidly, you not only have more money, but you also have fewer goods. That's a classic double-whammy on inflation.". Author of this quote is Arthur Laffer. This quote is about inflation, classic, goods, more money, shrinking, fewer, economy,.