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I don't think leadership demands 'yes' or 'no' answers; I think leadership is providing the forum for making the right decision, which doesn't demand unanimity. ”
Over the past 100 years, there have been three major periods of tax-rate cuts in the U.S.: the Harding-Coolidge cuts of the mid-1920s; the Kennedy cuts of the mid-1960s; and the Reagan cuts of the early 1980s. Each of these periods of tax cuts was remarkably successful as measured by virtually any public policy metric. ”
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. ”
The linkage between tax rates and public services is, if not non-existent, negative. ”
The story of how the Laffer Curve got its name begins with a 1978 article by Jude Wanniski in 'The Public Interest' entitled, 'Taxes, Revenues, and the Laffer Curve.' ”
In a tribal organization, even in time of peace, service to tribe or state predominates over all self seeking; in war, service for the tribe or state becomes supreme, and personal liberty is suspended. ”
The public doesn't want new music. ”
One of the first essentials is a policy of unreserved political cooperation with all the nations of the world. ”
On the contrary, the characteristic element of the present situation is that economic questions have finally and irrevocably invaded the domain of public life and politics. ”
We journalists tell the public which way the cat is jumping. The public will take care of the cat. ”