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Listen to native speakers pronounce “laff” in real conversational contexts with synchronized timestamps and subtitles.
And that's the -- more or less the bipartisan consensus.Laffer and everybody who came after him.
Laffer and everybody who came after him.
The Laffer Curve, Mm.
And so Laffer was an economist who introduced this idea and said, "Listen, are you sure that when you increase the tax rate, that your tax revenues are going up?
So one night Arthur Laffer goes out to a bar with two senior aides to President Ford, they go to a bar in Washington D.C. and they start talking about taxation and monetary policy.
And at one point Laffer pulls out the cocktail napkin and he says, "Guys I have an idea.
night with Arthur Laffer. It was those three guys with that cocktail napkin who basically invented Reaganomics that night in that bar. That became pretty much underlying American
I believe in the Laffer Curve. You can also tell I'm a real economist, because I can translate plain English into incomprehensible gibberish.
So this idea of a Laffer curve, and how do people become better off, and what should government do?
Now the two guys who were with Laffer that night in the bar thought that was pretty interesting; these are the two guys. They said, "Can we take that napkin back to show it to President
And this game sort of began with Art Laffer, actually, in the Laffer Curve, because the Laffer Curve is this idea that there's a point-
All these salads come to the table, fresh laffa that Mike cooks, hummus, and then you get a bunch of meze and a bunch of--
not to all of our listeners, which is something that's called the Laffer curve.
And, you know, Art Laffer claimed the national level, that rate was pretty low.
But what's interesting is that the field of public economics, which I think is dominated by people who come from a somewhat different political persuasion than Art Laffer,
So during the first flight of episodes, basically each writer on the team-- myself, Margaret Dunlap, Mur Lafferty, and Brian Francis Slattery--
President Ford ran a very conservative, fiscally conservative administration. There was a very popular economist at that time, his name was Arthur Laffer, USC economist, very conservative
Do you mind if I draw a little picture for you?" And the two guys he's with said, "No, no go ahead." So on his napkin Laffer draws a very simple little x, y plot, something
draw them out that picture and they'd say, "Oh, I get it." Now the interesting part about this story is the two guys who were with Arthur Laffer
which does have merit but not nearly the amount of merit it claims it has and that is, for want of a better term, the Laffer curve.
moth, the streaked dagger moth, the afflicted dagger moth, the crown Buccalatrix, the orange-patched smoky wing, the white-blotched heterocampa, the oblique heterocampa, the red-lined panopoda, the laffer,
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