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Because tax cuts create an incentive to increase output, employment, and production, they also help balance the budget by reducing means-tested government expenditures. A faster-growing economy means lower unemployment and higher incomes, resulting in reduced unemployment benefits and other social welfare programs.

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Arthur Laffer

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Letting the greens dictate your energy choices, whether it’s halting the XL Pipeline or fracking in New York, isn’t just bad economics. It can also leave your rivals and enemies controlling your energy destiny.

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What we’re talking about is the price of goods, all goods, in terms of money. That has nothing to do with unemployment, except for the fact that you get fewer goods. And when you have more money and fewer goods, the amount of dollars per good goes up. It goes up because there are fewer goods and it goes up because there is more money.

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April 21, 2024

What we’re talking about is the price of goods, all goods, in terms of money. That has nothing to do with unemployment, except for the fact that you get fewer goods. And when you have more money and fewer goods, the amount of dollars per good goes up. It goes up because there are fewer goods and it goes up because there is more money.

Previous

April 21, 2024

Letting the greens dictate your energy choices, whether it’s halting the XL Pipeline or fracking in New York, isn’t just bad economics. It can also leave your rivals and enemies controlling your energy destiny.

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