[ExI] Free Trade

[John Clark]

On Sun, Oct 12, 2025 at 3:15 PM <spike at rainier66.com> wrote:

*> The 1980s were a prosperous decade.*


*Yeah the 1980s were prosperous, and the national debt went up dramatically
during the 1980s, and according to you that's a prescription for an
apocalypse but the apocalypse never happened. *

*Back in 2019 Nobel prize winning economist Paul Krugman had this to say
about your buddy Art Laffer:*

*"Laffer is known for other things besides his utter faith in the
miraculous power of tax cuts. He’s also known for warning about the dire
effects of the Federal Reserve’s efforts to fight the financial crisis:
“Get ready for inflation and higher interest rates,” he thundered a decade
ago. Actually, no: Inflation has stayed low, and interest rates are close
to their lowest levels in history."*

*  John K Clark*
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