You know, without China there is no Wal-Mart and without Wa… - Arthur Laffer

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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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About Arthur Laffer

Arthur Betz Laffer (born August 14, 1940) is an American economist who first gained prominence during the Reagan administration as a member of Reagan's Economic Policy Advisory Board (1981–89). Laffer is best known for the Laffer curve, an illustration of the theory that there exists some tax rate between 0% and 100% that will result in maximum tax revenue for governments. Laffer is Policy Co-Chairman (with Lawrence "Larry" Kudlow) of the Free Enterprise Fund.

Also Known As

Native Name: Arthur Betz Laffer

Alternative Names: Laffer • Laffer Associates • Arthur B. Laffer

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Originators like Arthur Laffer:

Henry Hazlitt Milton Friedman Robert Kuttner David Cay Johnston Peter Schiff

Additional quotes by Arthur Laffer

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.

Stimulus packages don’t work. Every president that I have ever heard of has wanted a free lunch. They just don’t get it.

Rise the minimum wage is the best way of hurting the poor.

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

About Arthur Laffer

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