Monday, July 09, 2007

Back to the 70's?

Art Laffer on Kudlow & Company:

"This economy's great. If you want to know what problems are, go back and look at the 1970s, and look at what some of these [Democratic] candidates are proposing that would take us back to the 1970s. I see these guys proposing all these new things. I mean, the Democrats have been given an issue on a sterling silver platter called Iraq. And they are choosing to use that issue to reform the economy which has been the best-performing thing ever. If they do that, Larry, I mean, very seriously, if they do what they're saying they're going to do, we're going to go back, we're going to have the film played backwards of the 1970s, and it will be a catastrophe. The economy is the one thing that no one should touch."