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" "Trudeau valued performance above image. He Knew he could give me a shovel if there was a mess to clean up, and he kept moving me from one mess to another.
Joseph Jacques Jean Chrétien PC OM CC QC (born January 11, 1934), known commonly as Jean Chrétien, is a former Canadian politician who was the 20th Prime Minister of Canada. He served in the position for over ten years, from November 4, 1993 to December 12, 2003.
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I never bought into the Laffer curve, a theory, named after an American supply-side economist who had been an adviser to the Reagan administration, that essentially argues that a government will increase its revenue by reducing its taxes. If it were that easy, everybody would do it. What politician doesn't want to reduce taxes in order to win votes? Taken to its logical extreme, the Laffer curve makes no sense because, if you lower your taxes to zero, how are you going to get higher revenues? In practice, every government that toyed with this theory ended up with larger deficits, higher interest rates and greater social inequality.