And you can't have a prosperous economy when the government is way overspending, raising tax rates, printing too much money, over regulating and restricting free trade. It just can't be done.

in Economics from Yale University (1962) and an M. Laffer earned a B. A.

Laffer is best known for the Laffer curve an illustration of the theory that there exists some tax rate between 0% and 100% that will result in maximum tax revenue for governments. : /ˈlæfər/; born August 14 1940) is an American economist who first gained prominence during the Reagan administration as a member of Reagan's Economic Policy Advisory Board (1981–89).