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… T…"

"Over the past 100 years, there have been three major periods of tax-rate cuts in the U.S.: the Harding-Coolidge cuts of the mid-1920s; the Kennedy cuts of the mid-1960s; and the Reagan cuts of the ear…"

"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."

"In the 1970s, the more Congress spent, the higher unemployment rose, and it was not until government spending and taxes were cut in the early 1980s that unemployment started its long-term decline."

"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."

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

"It just isn't going to work, and it's very interesting that the man who invented this type of what I call a voodoo economic policy is Art Laffer, a California economist."

"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."