1. Paul Krugman is right. 2. If ever you think Paul Krugman is wrong, refer to rule #1.
Tuesday, August 4, 2009
The temptation to make a joke about Arthur Laffer's last name while criticizing him is almost overwhelming. This is the famous supply-side economist, who sold the tax cuts bill of goods to the Republicans in the 80's. He isn't so good with the facts.