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Wednesday, February 13, 2008

Laffer: Stimulus Nonsense

Arthur Laffer had a great opinion piece in today's WSJ. He argues correctly that this "stimulus" will be nothing of the sort. And almost as if a foreshadowing of things to come, he leaves us with this:

A quick glance back at the 16 years of presidencies of Lyndon Johnson, Richard Nixon, Gerald Ford, and Jimmy Carter should give you pause. Whenever you observe bipartisan cooperation, hold on to your wallet and run to the basement.

McCain, Democrat, McCain, Democrat...