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Heavy-Handed Politics

"€œGod willing, with the force of God behind it, we shall soon experience a world
without the United States and Zionism."€ -- Iran President Ahmadi-Nejad

Monday, February 09, 2009

"Years ago I developed the 'Armey Curve' to explain the negative burden government has on prosperity. The idea, borrowing liberally from Arthur Laffer's curve (which demonstrates that tax revenues fall when the tax burden gets so high that it no longer pays to work), is that at some point the burden of government spending exceeds the private economy's ability to carry it. 'Stimulus' spending often does more harm than good, because it takes more money out of the system than it creates and thereby destroys jobs and leads to stagnation and diminished prosperity for all."

--former House Majority Leader Dick Armey--

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