“Kids with their hands in the candy jar”

Art Laffer pretty much summed up the Government’s bailout of everyone from AIG to GM and Chrysler … they shouldn’t be in the business in the first place. It’s very funny.Laffer you may remember, is the supply sider who advised the Reagan administration on the economy. His theory led to the greatest peace time expansion of the economy the country had ever seen. Cutting taxes led to record government revenues. It was a win win until … well the government over spent.

Here’s Laffer on the stimulus (“It’s no stimulus at all.”) and on the bailouts of banks and insurance companies (Government cannot micro manage business … the more they do … the deeper they get). As I said, it’s funny and compelling.

httpv://www.youtube.com/watch?v=GT7Kc1S5IhE

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Jim Vicevich

Jim is a veteran broadcaster and conservative/libertarian blogger with more than 25 years experience in TV and radio. Jim's was the long-term host of The Jim Vicevich Show on WTIC 1080 in Hartford from 2004 through 2019. Prior to radio, Jim worked as a business and financial reporter for NBC30 - the NBC owned TV station in Hartford - and as business editor at WFSB-TV in Hartford for 14 years while earning six Emmy nominations and three Telly Awards.

1 Comment

  1. Mark on March 17, 2009 at 2:09 am

    Almost a creepy end to that clip…  Mr. Cavuto is a cancer survivor…  With luck he'll have a very long life.

    We need him on the air – at least for the comic relief!



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