Government doesn’t create resources. Government redistributes resources. For everyone the government bails out, there is someone they put into troubl… - Arthur Laffer

You can never bail someone out of trouble without putting someone else into trouble.

Don’t confuse fiscal discipline with party label. All those parties are all fiscally unsound. I mean, every Republican wants to spend more. Every Democrat wants to spend more. It is not their money… They’re spending your money and my money.

I used the so-called Laffer Curve all the time in my classes and with anyone else who would listen to me to illustrate the trade-off between tax rates and tax revenues.

As my former colleague Milton Friedman used to say, ‘Government spending is taxation, pure and simple.’ Governments, when they spend the money, not only add to demand, they also reduce demand by taking the resources from the rest of society.