Art Laffer Endorses Newt Gingrich
Diane Ellis ·
December 29, 2011 at 4:58am
Larry Kudlow over at National Review on why one of the fathers of supply-side economics favors Gingrich:
“The purpose of economic policy is growth, jobs, and prosperity,” supply-side founder Art Laffer told me today. As such, Laffer has endorsed Newt Gingrich and the Gingrich 15 percent flat-tax plan, which includes the 12.5 percent corporate-tax reform. “It’s nothing against the other candidates,” Laffer said. “But Newt’s plan is right, and therefore endorsing him is the right thing to do.”
[...]
Art Laffer believes the Gingrich plan would help jolt the economy to 4 or 5 percent growth. And he also is impressed that Gingrich has been talking about King Dollar on the campaign trail along with his supply-side tax strategy.
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Comments:
Jun '10
Re: Art Laffer Endorses Newt Gingrich
A President Gingrich will embarrass endorsers someday, but it won't be by timidity, or bigotry, or by some inexcusable ignorance. Gingrich will embarrass you by some off-the-wall political strategy. But, somehow that's easier to take, and easier to correct.
Edited on December 29, 2011 at 5:21amApr '11
Re: Art Laffer Endorses Newt Gingrich
I find it bizarre how so many well informed intelligent people can disagree so vehemently on Newt. Half the people I follow think if he gets the nomination it wouldn't be so bad (Goldberg, Laffer, Mike Rosen) others seem to think he would be worse than President Obama (Epstine, Yoo, Rubin). What gives?
May '10
Re: Art Laffer Endorses Newt Gingrich
Thomas Sowell too seemed to tepidly come out for Newt. That's two major economists.
Nov '11
Re: Art Laffer Endorses Newt Gingrich
I think it's a regional thing and a matter or taste.
Newt and Mitt are similar in many ways.
It just depends upon what type of leader you find more embarrassing:
George McClellan or Ulysses S. Grant
Bernard Montgomery or George Patton
Nelson Rockefeller or Barry Goldwater
George H. W. Bush or George W. Bush
Gerald Ford or Ronald Reagan
John McCain or Sarah Palin
The "elites" just don't want to be embarrassed; that's what is most important to them.
Apr '11
Re: Art Laffer Endorses Newt Gingrich
I gather that he's given up on Perry, who I suspect he held more fondness for. He surely can't believe that Gingrich actually intends to, or might have any hope of, responding to European sovereign debt crises by dramatically raising America's short-medium term deficit (the Laffer curve isn't an instant effect at anything like the tax levels seen in the US).
Apr '11
Re: Art Laffer Endorses Newt Gingrich
The Cloaked Gaijin
I think it's a regional thing and a matter or taste.
Newt and Mitt are similar in many ways.
It just depends upon what type of leader you find more embarrassing:
[cut series of comparisons]
The "elites" just don't want to be embarrassed; that's what is most important to them. · Dec 29 at 8:17am
Have you listened to Epstein's podtalk? Did you honestly come away from it with the impression that his concern with Newt was about social niceties? Do you think that John Yoo expresses views with his primary concern being the acceptance of bien pensant society?
Re: Art Laffer Endorses Newt Gingrich
Actually, I think he was supportive of Herman Cain before Cain dropped out of the race. I seem to recall Laffer having some role in developing (or at least defending) the 9-9-9 plan.
Apr '11
Re: Art Laffer Endorses Newt Gingrich
Diane Ellis, Ed.
Actually, I think he was supportive of Herman Cain before Cain dropped out of the race. I seem to recall Laffer having some role in developing (or at least defending) the 9-9-9 plan. · Dec 29 at 2:42pm
I agree, but thought he'd been positive about Perry, too, and Cain is probably not the nominee this cycle; I was wrong about his eventual endorsement and put it down to viability. I'm now somewhat doubting my earlier instinct, and appreciate the corrective pushback.
Nov '11
Re: Art Laffer Endorses Newt Gingrich
James Of England
Epstein's podtalk? Did you honestly come away from it with the impression that his concern with Newt was about social niceties?
Social niceties? Epstein called Gingrich a fool and a madman.
"Jefferson himself was asked, is the Supreme Court supreme? And he said, that is absurd. That would be an oligarchy. Lincoln repudiates the Dred Scott decision in his first inaugural address in 1861 and says, no nine people can make law in this country. That would be the end of our freedom." -- Newt Gingrich
You mean a quote like this?
It just depends upon what type of leader you find more embarrassing:
Roger Taney or Abraham Lincoln
"I should sooner live in a society governed by the first two thousand names in the Boston telephone directory than in a society governed by the two thousand faculty members of Harvard University." -- William F. Buckley, Jr.
Why shouldn't the justices of Dred Scott and Plessy v. Ferguson have been impeached, if possible? If I was an American African, I would certainly have wanted that to happen for my generation of friends and family. Why live your life in bondage just to please law professors?
Dec '10
Re: Art Laffer Endorses Newt Gingrich
Diane Ellis, Ed.
Actually, I think he was supportive of Herman Cain before Cain dropped out of the race. I seem to recall Laffer having some role in developing (or at least defending) the 9-9-9 plan. · Dec 29 at 2:42pm
Laffer enthusiastically endorsed Cain's 9-9-9 Plan. Laffer viewed it as supply-side macro policy that was very pro-growth.
Apr '11
Re: Art Laffer Endorses Newt Gingrich
The Cloaked Gaijin
Social niceties? Epstein called Gingrich a fool and a madman.
"Jefferson himself was asked, is the Supreme Court supreme? And he said, that is absurd. That would be an oligarchy. Lincoln repudiates the Dred Scott decision in his first inaugural address in 1861 and says, no nine people can make law in this country. That would be the end of our freedom." -- Newt Gingrich
You mean a quote like this?
It just depends upon what type of leader you find more embarrassing:
Roger Taney or Abraham Lincoln
Why shouldn't the justices of Dred Scott and Plessy v. Ferguson have been impeached, if possible? If I was an American African, I would certainly have wanted that to happen for my generation of friends and family. Why live your life in bondage just to please law professors? ·
I meant that Epstein's motives weren't about embarrassment, but were motivated by strong feelings about Newt's policy views. I don't think that Epstein supports slavery, or Dred Scott. Did you listen to his podcast?