“Let me just try to give you sort of the intuitive one here on the stimulus funds. If you have a two-person economy - let's imagine we have two farms, and that's the whole world, just two farms. If one of those farmers gets unemployment benefits, who do you think pays for him? Am I going way over your heads today?”
Quote by Arthur Laffer
Author
Arthur Laffer
Arthur Laffer, born on August 14, 1940, is an American economist known for his extensive research in the fields of supply-side economics and tax policy. He is renowned for his Laffer Curve, which describes the relationship between tax rates and tax revenue. more