Tuesday, August 4, 2009

Laughing at Laffer

This is making the rounds of the intertubes today, but I cannot resist piling on, if only to help illustrate the knee-jerkiness of resistance to all things government by econo-ideologues:
If you like the Post Office and the Department of Motor Vehicles and you think they’re run well, just wait till you see Medicare, Medicaid and health care done by the government.
This said by Art Laffer of the Laffer curve, the knee-jerk bit of econ theory used by said knee-jerkers to taxes...

I really wish there were an intellectually honest opponent. It would be so much more interesting.

UPDATE: Just in case it isn't obvious to all already, Medicare and Medicaid are already "done" by the government. And the Post Office is a weird hybrid government sponsored corporation, so not entirely government. And the DMV is a state responsibility, so it isn't entirely obvious that state government and federal government should be lumped together. Just sayin'.

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