Useful link is useful: Laffer Curve tutorial

4

March 13, 2013 by Julia

Sometimes (frequently, depending where you live) you’ll run into liberals screeching about raising taxes on the rich as if “the rich” will act the same way liberals want women to act (lie there and take it) and somehow not choose to minimize their taxable income or leave the jurisdiction altogether.  You’re probably educated on the issues enough to able to cite specific examples of this policy utterly failing when put into practice (i.e. Maryland, California, France, the UK, several times in US history), but you know liberals–why learn from the mistakes of the past when you can just repeat them and feel good about yourself?

But what if that’s not enough?  What if Actual History is too hard for the left?  Well, you can try Actual Economics! I guess if they understood economics they wouldn’t be liberals in the first place, but it’s worth a try, I suppose.  Here is part one of a three-part video series on the Laffer Curve that you can share; the other two parts in the series are linked at that page. 

If economics and history can’t convince a liberal that soak-the-rich class warfare is a bad idea, well, just admit to being a running dog of capitalism and see how long it takes them to turn you in to the local revolutionary committee.  You can turn it into a little game and start a pool with your friends to guess the date they drag you away.  Labor Re-education camps are fun, I promise!  And besides, in two years, the same person who turned you in will be right there next to you.  No one is immune from the Cultural Revolution . . .

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4 thoughts on “Useful link is useful: Laffer Curve tutorial

  1. Stuart the Viking says:

    History IS hard. Packed full of dates and places droned out in a monotone stream of important facts that must be remembered because it will be on the test on Friday. Kids just find it boring and can’t relate. This dis-interest in history stays with most people for their entire lives.

    Economics… that’s another story. You have to be a special kind of freak to really ENJOY economics.

    It’s no wonder that people don’t get it.

    s

    • Julia says:

      History was always my favorite subject. A good teacher (and/or good book) can make the events and people relatable. I always enjoyed analyzing why people made the choices they did in response to specific events.

      • Stuart the Viking says:

        Yes, but Julia… you are a nerd, and therefore don’t follow the norm in such things. I like that about you.

        The fact that you actually THINK about the things that you write about is one of the main reasons that I read your blog (and annoy you with my inane comments). So many people just blast their opinions without consideration.

        s

      • Julia says:

        Awww, thanks 🙂

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