When Republicans Enact their “Radical Agenda”
This editorial is spot-on calling to attention the basket case that hard-right Republican Brownback has made his State of Kansas. With the help of Laffer, the hard-right ideologue who feels compelled at every turn to violate, distort, or ignore half of his very own economic theory, Kansas now has a huge budget problem directly caused by large tax cuts for the rich.
The irony is that Laffer himself seems to not know his own theory. The simple explanation of this theory is that somewhere along a mathematical curve, maximization of tax revenue can be realized by raising or lowering taxes. Laffer himself always sides with the side of the curve that lowers taxes, despite any and all evidence that actually the correct placement along the x-axis is completely different from his own personal agenda.
Laffer is the perfect example of someone who has diminished his career label from Wonk down to the status of Complete Hack who ignores Reality in favor of a Utopian ideology- another example of modern Libertarians and Republicans.