He's responsible for both graphics. Arthur Laffer was one of the people who helped develop supply side economics in the 1970's. Later he was on Reagan's economic policy advisory committee, and developed the trickle-down theory of economics.
“Trickle down” only makes sense if you ignore half of the Laffer Curve. All this time liberals have allowed the Rs to get away with it without calling them out.
Yeh. Ok. Just sloppy, not stupid. But the point of the actual curve still remains true. Maybe the funny part is that Ds refused to call them out on it. My guess is that people want to only hear “cut taxes” when for years “raise taxes” would have made much more sense. smh
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