Arthur Laffer

The trade deficit is the capital surplus and don't ever think of having a capital surplus as being a bad thing for our country. ↗

— Arthur Laffer

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#bad thing #being #capital #country #deficit

With the shrinking of the US economy, and it's shrinking very rapidly, you not only have more money, but you also have fewer goods. That's a classic double-whammy on inflation. ↗

— Arthur Laffer

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#classic #economy #fewer #goods #inflation

You know, without China there is no Wal-Mart and without Wal-Mart there is no middle class and lower class prosperity in the United States. ↗

— Arthur Laffer

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#class #know #lower #lower class #middle