#ch

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. ↗

— Arthur Laffer

#economy #free #free trade #government #just

What I'm not saying is that all government spending is bad. It's not - far, far from it, but there is no free lunch, as a former colleague of mine used to say. There is no public tooth fairy. Father Christmas does not work on the Treasury staff this year. You can never bail someone out of trouble without putting someone else into trouble. ↗

— Arthur Laffer

#bail #christmas #colleague #does #else

I think the inflation prospects for the U.S. over the next five or six, seven years, are quite serious. You cannot have a bumper crop in apples without the value or the price of each apple falling. The Fed has had the largest increase in the monetary base in the history of the U.S., from colonial times to the present, times ten. ↗

— Arthur Laffer

#apples #base #bumper #cannot #colonial

People can also change the timing of when they earn and receive their income in response to government policies. ↗

— Arthur Laffer

#change #earn #government #government policies #income

People can change the volume, the location and the composition of their income, and they can do so in response to changes in government policies. ↗

— Arthur Laffer

#changes #composition #government #government policies #income

The minimum wage is the black teenage unemployment act. It is the guaranteed way of holding the poor, the minorities and the disenfranchised out of the mainstream is if you price their original services too high. ↗

— Arthur Laffer

#black #disenfranchised #guaranteed #high #holding

Which would you rather have, capital lined up on your borders, trying to get into your country or trying to get out of your country? We are the capital magnet of this planet and we are the savior for not only people, for not only freedom, but also for capital. ↗

— Arthur Laffer

#borders #capital #country #freedom #get

You know, without China there is no Wal-Mart and without Wal-Mart there is no middle class and lower class prosperity in the United States. ↗

— Arthur Laffer

#class #know #lower #lower class #middle

My advice to an aspiring actor would be to never stop learning or working for what you want. Nothing comes easy, ever, if you want something, you have to work for it. By working for it I mean work on your craft, learn from people who have something to teach. It's just like anything else, practice makes perfect. ↗

— James Lafferty

#advice #anything #aspiring #comes #craft

I always have the most fun on the Fourth of July. You don't have to exchange any gifts. You just go to the beach and watch fireworks. It's always fun. ↗

— James Lafferty

#any #beach #exchange #fireworks #fourth