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Arthur Laffer Quotes: 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.


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 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.



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.



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 live each day with fullness of thanks.

I live each day with fullness of thanks.



Bed is a good friend

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You won't let anything bad happen to me, will you, Garrett?"A lump the size of Massachusetts lodges in my throat. I swallow hard and try to speak past it."Never.

You won't let anything bad happen to me, will you, Garrett?"A lump the size of Massachusetts lodges in my throat. I swallow hard and try to speak past it."Never.



It was one of those perfect fall days when the air is cool enough to wake you up but the sun is also kissing your face.

It was one of those perfect fall days when the air is cool enough to wake you up but the sun is also kissing your face.



Life's the longest picture you're ever gonna take.

Life's the longest picture you're ever gonna take.



Any path is only a path, and there is no affront to oneself or to others, in dropping it if that is what your heart tells you.

Any path is only a path, and there is no affront to oneself or to others, in dropping it if that is what your heart tells you.



Whom do I write for? I write for the story. Each story, it seems to me, knows best how it should be told. As I once put my ear to the railroad track, I listen now for the voice of my story.

Whom do I write for? I write for the story. Each story, it seems to me, knows best how it should be told. As I once put my ear to the railroad track, I listen now for the voice of my story.



The bloodline of Jesus is thicker, deeper, stronger than the bloodline of race, ethnicity and family.

The bloodline of Jesus is thicker, deeper, stronger than the bloodline of race, ethnicity and family.



It's true that I did get the girl, but then my grandfather always said, Even a blind chicken finds a few grains of corn now and then.

It's true that I did get the girl, but then my grandfather always said, Even a blind chicken finds a few grains of corn now and then.



We are like coral animals in a vast reef of excreted technological material that is wired for solid state data transfer.

We are like coral animals in a vast reef of excreted technological material that is wired for solid state data transfer.




Quote Description


This page presents the quote "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.". Author of this quote is Arthur Laffer. This quote is about class, united states, china, middle class, prosperity,.