Business

Following Tuesday’s Election, Former Reagan Econ. Advisor Says he Couldn’t be More ‘Optimistic’: Here’s Why

Art Laffer Explains why Tuesdays Election has Left him Happy & OptimisticLaffer Center

Former economic advisor to Ronald Reagan Art Laffer during an interview on Fox Business on Thursday said that he couldn’t be “more happy” with the outcome of the presidential election.

Why?

Because he believes that by the end of President Obama’s second term, the GOP’s “odds-on favorite” for 2016, Rep. Paul Ryan (R-Wisc.), will be able to campaign on (and implement) pro-growth, free market policies.

“I’m very, very hopeful about what’s going to happen,” he said to Fox’s Martha McCallum, “I think this was the election not to win.”

He explains:

We have the 2013 “taxmageddon” [i.e. the so-called “fiscal cliff”] that I think is going to lead to a very sharp drop in economic activity. And looking at 2014, I’m very excited about how the elections will turn out there. And 2016, I think, will be the equivalent of 1980, and we’re going to have enormous prosperity in America.

I couldn’t be more happy and more optimistic than I am. This is Obama’s day. He won and the Democrats did pretty well and, frankly, it’s their game. It’s their game and it’s the only game in town. But I hope they go the Simpson-Bowlles — flat-tax and spending restraint.

McCallum jumped in for a moment to clarify Laffer’s statement.

“You really think the president will go for real tax reform?” she asked.

“No, I don’t.”

“Or a sort of flat-tax provision?”

“No.”

“Or that he will allow anything to pass that doesn’t include an increase in taxes for the wealthy?”

“I think he’s going to require increase in tax rates on the wealthy and that’s his downfall,” Laffer said, “and that just makes no sense whatsoever. The wealthy are the people who hire everyone else!”

“You can’t love jobs and hate job creators,” he added, “and [President Obama] hates jobs creators.”

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Front page photo source courtesy Laffer center.

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Comments (180)

  • meisterman41
    Posted on November 8, 2012 at 8:01pm

    Art, I sure hope you are right!

    Report this comment

    meisterman41  
    • PappysPullman
      Posted on November 8, 2012 at 10:12pm

      I say give Obama the rubber-stamp on everything he wants. When everything falls to pieces, Americans should wake up to the folly of the previous 8 years. America is going to hit bottom at the rate we’re going; it’s either now or later. Let’s get it over with and then take off again, leaving so-called Progressivism in the dungheap of failed leftist ideologies, i. e. Communism, Nazism, Fascism, etc.

      Report this comment

      PappysPullman  
    • mlite9
      Posted on November 8, 2012 at 10:14pm

      He’s partly right, but Obama will not have done this, since he will be impeached and leave in shame before midterms.

      Report this comment

      mlite9  
    • one.dakine.howlie
      Posted on November 8, 2012 at 11:18pm

      Does this guy seriously think that liberals are that short-sighted??? They’re going for broke on this election. They’ll make sure there won’t be an America left that would vote on a GOP candidate.

      Report this comment

      one.dakine.howlie  
    • Seabass82
      Posted on November 8, 2012 at 11:39pm

      http://www.youtube.com/watch?v=mcYhjWYGTaQ&feature=plcp
      I hope you enjoy this tune…

      Report this comment

      Seabass82  
    • Jayk Signal
      Posted on November 9, 2012 at 2:33am

      Art’s dreaming.

      Once we give amnesty to 20 million new democrats and appoint 3 new left wing extremists to the Supreme Court and … seriously … Art’s dreaming.

      Report this comment

      Jayk Signal  
    • milez5
      Posted on November 9, 2012 at 3:30am

      He is not right. He is overlooking the fact that in 1980 America was more than 75 percent white. Today it is under 64 percent and by 2016 it will be even less. In 1984, when Reagan won a 49 state landslide he got 64 percent of the white vote. In 2012 Romney got about 60 percent of the white vote and lost the election.No, there will never be another Reagan, nor another Republican president, in fact, there may never be another white male president unless he is a far left Democrat, and maybe even gay.

      Report this comment

      milez5  
    • NeilChapin
      Posted on November 9, 2012 at 6:15am

      It amazes me how thee so-called “smart people” can be so stupid. Read fresh political comentary at: http://smallcraftadvisorychronicles.blogspot.com/

      Report this comment

      NeilChapin  
    • Gonzo
      Posted on November 9, 2012 at 7:40am

      Absolutely right Pappy, I couldn’t agree more. Give the the idiots what they voted for. I’ll survive, you will too. The idiot Obamabots will take the brunt of it.

      Report this comment

      Gonzo  
    • George Patton
      Posted on November 9, 2012 at 8:31am

      Art doesn’t get it. To all of the posters who think once the hard times hit the obama voters will feel the pain and realize their mistake: That hope is folly. These idiot voters don’t vote based on the economy or unemployment or the price of gas. It doesn’t matter how much pain they feel in their own lives due to obama’s policies….it doesn’t compute to them. They vote for the guy who promises to have the government provide more things in their own life. It doesn’t matter if he even provides them or not. As long as he claims he’s gonna soak the rich for their benefit and they’ll never have to pay for “xyz” again. These people WANT to be dependent. When the hard times hit these people will blame the rich and seek to increase government power in an effort to squeeze “the rich” for more. As life becomes hard for them they will seek MORE government assistance….they will seek MORE DEPENDENCE. This country will never be free again…accept it. This is the predictable arc of nations. Europe is imploding from socialism and who did france elect in response: a socialist….greece elected nazi’s to its parliament in response to their economic collapse. It is folly if you think we will be going anywhere but farther down the rabbit hole to socialism. Be prepared…in this cycle we all know what happens before the rebirth of freedom.

      Report this comment

      George Patton  
    • George Patton
      Posted on November 9, 2012 at 8:51am

      These voters believe that the role of government is to help people. So the worse our situation becomes the more inclined they will be to vote for a dictator. They will not vote for the guy who tells them that the best way to get cheap and abundant food is for the government to NOT provide it and let the free market provide it. To them, the best way to get food is to get food stamps. And to the “benevolent” voter, the best way to get food to the poor is not through more capitalism, but again, more food-stamps…he wants to use government to help the poor. To the “benevolent” voter, the act of voting IS his charitable giving….he is good in his own mind because of how he votes. Actually giving his money directly to charity is unnecessary, after all he voted for charity.

      Report this comment

      George Patton  
    • freeasabird11
      Posted on November 9, 2012 at 9:39am

      PAPPYSPULLMAN – I think you are right as rain. The thing that helped me most this week is that I can pretty much figure out what’s coming… and thus can plan for it. Woe to those who can’t, don’t or won’t.

      “You can’t love jobs and hate job creators,” Best line in article.

      Report this comment

      freeasabird11  
    • 00100111
      Posted on November 9, 2012 at 2:01pm

      I agree, Pappy. The libs in this country think we’re just obstructing Obama because we want him to fail. We’re obstructing him because we want America to survive. In order to do that I think we need to do an “I told you so.” Just pencil-whip every bit of economic legislation they send through. Let it crash, let it burn. When it all comes crumbling down we can turn and say “Now, do you see why?” and we’ll sweep up and fix it, and no Democrat will ever be elected again.

      Report this comment

      00100111  
    • RWCT
      Posted on November 9, 2012 at 2:52pm

      I think Art is way too optimistic. Yes,unemployment will be very high by 2014, and the Dems should lose the Senate, and more in the House. Unfortunately Art forgets one little item. Barry will be issuing executive orders, and just plain ignoring of the constituion appoinintg commisars to oversee his takover. YIKES! America is in for it now! Time to be afriad, very afraid!

      Report this comment

      RWCT  
    • RebelPatriot
      Posted on November 9, 2012 at 9:33pm

      I am of the same opinion, congress should offer their plan up to the democrats, but when not used they should not block any tax increases that the progressives believe will fix the problems. After 4 years of taxing the job creators who will shrink their businesses in order to make their money, there will be fewer and fewer employment opportunities, thus shrinking the tax base even more.

      The only way to prove a point sometimes is with tough love. Give them what they want, when it fails you have allowed the next generation to learn an important lesson, socialism doesn’t work.

      Throw in a non combatant social agenda where conservatives opt for allowing states to decide on social agendas as opposed to conservatives being beat up about their personal beliefs being played as phobias.

      It will be less difficult to campaign against the progressive’s who will always play the race card, the abortion card, the immigration card and the new favorite the religious extemist card.

      After four more years of a shrinking job market, I believe those who have had enough will be more willing to turn to a new economic policy that believes in state’s right to determine social issues and comes across as less judgemental about the social sins of individuals.

      Report this comment

      RebelPatriot  
    • RebelPatriot
      Posted on November 9, 2012 at 9:46pm

      For those who are worried about the 20 million or so new Americans. Those 20 million will be looking for jobs and when there aren’t jobs they will either vote for job creators or return from whence they came.

      I lived and worked in Texas in 2008-2009, don’t get worried when immigrants are coming to America, get worried when they are leaving. Of course on our side, it can be positive when they are leaving as it will show others that taxing job creators only hurts those who won’t be employed. When fuel prices rise business growth shrinks, in order to maximize profits. This is why the economy is stagnant, now.

      Now what could happen is the progressives tax the job creators and allow for more drilling in the US which would offset the higher taxes and could promote some growth in the economy, but King Hussein is not going to allow for his green energy policies to fail. He will bankrupt the country and choke any possibility of economic growth to push the green energy agenda, eventhough most have already bankrupted and gone out of business.

      Report this comment

      RebelPatriot  
    • justwow
      Posted on November 9, 2012 at 11:07pm

      The past two elections have seen the electorate put in place a president with absolutely no actual substance to his campaign. The second time, the only substance was that he was a bad president the first term, yet he was re-elected. I fear the only message that will ever get through to those who voted for Mr. Obama is when their check doesn’t show up because the government can’t pay it. Even then, they are so well conditioned they will believe it is because the great evil industrial complex is conspiring to make the government look bad. I fear we are well and truly screwed. I weep for the future of my children…..

      Report this comment

      justwow  
    • mamatango
      Posted on November 10, 2012 at 12:14am

      <> we needed to win to take our country back!!! We may not even be a country anymore in 2016!

      Good news today would be– that they found all the voter fraud, and are finally going to arrest this administration and make them answer for all the debt and lost homes, and deaths and pain caused the American people due to their vast corruption.

      Report this comment

      mamatango  
    • denispaul
      Posted on November 10, 2012 at 6:37am

      Yes give Obummer everything he wants and the dem. party will fold for a long time.

      Report this comment

      denispaul  
    • Dude Doug
      Posted on November 10, 2012 at 11:16am

      Starting to see a lot of posts calling for impeachment, well, I would say to those – look at the impeachment process. If you think that the Senate is going to oust this poser then you haven’t been paying attention. Obummer will do whatever he wants and he will get away with it, the House can do all the investigating it wants,,,, BUT, it is the Senate that judges.

      Report this comment

      Dude Doug  
    • AmericanLass
      Posted on November 10, 2012 at 5:16pm

      He is not right. He is underestimating the libs. Dick Morris did that and got egg on his face. The whole dynamics of Politics has changed. We can’t even trust the electronic voting machines. Fraud committed with more votes than voters.

      Report this comment

      AmericanLass  
    • djbrian
      Posted on November 10, 2012 at 9:51pm

      What worries me is that people all have a different definition of what bottom is. Personally, I think we’re already there. Only God knows for sure.

      Report this comment

      djbrian  
    • homelouise
      Posted on November 10, 2012 at 10:46pm

      I say i agree with you, let it crash, or we are going to be stuck with it forever. Why feed the beast? I’m not playing there game. Let it fail before we are taken to a reeducation camp.

      Report this comment

      homelouise  
    • ireport uderide
      Posted on November 11, 2012 at 9:41am

      The only problem with Art’s outlook is the assumption that the voters won’t blame Republicans for the mess created by Democrats. Look at what happened in 2008. Democrats cause the failure of the American economy just to win an election and Bush gets all the blame. The Dems will stoop at nothing to further their agenda’s, even if it means the collapse of a nation.
      “Blame Bush” will now be replaced with “Blame Republicans”.

      Report this comment

      ireport uderide  
    • theye
      Posted on November 19, 2012 at 9:59am

      We can give Obozo all he wants, and in 4 years our government will have even more socialists in place. The debt will be beyond reconcilliation. Even if we ever get a conservative majority or president in the future, the damage will be more than done. Our schools will still teach socialism and forget the constitution.
      God will be pushed farther out. Israel will be deeper into war and I doubt that Obozo will answer the call for help from them. If you have a biblical world view you know that nothing will get better. It all points towards end times.

      Report this comment

      theye  
  • BacktotheFounders
    Posted on November 8, 2012 at 7:51pm

    Mr. Laffer, with all due respect, I know that you are a brilliant economist, but you are only looking at economic statistics. You must factor in that the Democrats will continue to import as many Mexicans as necessary to win all future elections and will continue to tax us as much as necessary to support them. It’s over, dear sir. America is gone.

    Report this comment

    BacktotheFounders  
    • drs1969
      Posted on November 8, 2012 at 8:44pm

      I agree, he’s delusional. We don’t have that kind of time. Things will get ugly long before. There is now no incentive to hire or work extra.

      Report this comment

      drs1969  
    • USAMama
      Posted on November 8, 2012 at 10:14pm

      And Puerto Rico just voted to become a state. And the Tea Party will be declared terrorists and jailed. And Iran will have a nuke. And we will lose Gods protection since we just voted for homosexuality and abortion and against Israel. And…….

      Report this comment

      USAMama  
    • Oilfield_Trash
      Posted on November 9, 2012 at 2:21am

      By the time his term is over, the Mexicans will have left, won’t be anymore “freebies” may as well stay where they are at.

      Report this comment

      Oilfield_Trash  
    • RebelPatriot
      Posted on November 9, 2012 at 9:53pm

      Here is a different view as a Christian. As Christians we should not place our trust in our government. If we are truly believers that we will be protected from the dangers of the world by our creator, we shouldn’t depend on who’s running the government to determine our safety.

      We need to free ourselves from placing our faith in government and place our faith in God. If our faith is with the Creator then we have nothing to fear. He will do for us what we couldn’t do at the polls.

      The Lord works in mysterious ways.

      Report this comment

      RebelPatriot  
  • TimPatriot
    Posted on November 8, 2012 at 7:42pm

    “A democracy is always temporary in nature; it simply cannot
    exist as a permanent form of government. A democracy will
    continue to exist up until the time that voters discover they
    can vote themselves generous gifts from the public treasury.
    From that moment on, the majority always votes for the
    candidates who promise the most benefits from the public
    treasury, with the result that every democracy will finally
    collapse due to loose fiscal policy, which is always followed
    by a dictatorship. The average age of the world’s greatest
    civilizations from the beginning of history, has been about
    200 years.”

    — Alexander Tyler, a Scottish history professor 1787

    Not that I believe history professors much, but this rings pretty true. The clock has run out.

    Report this comment

    TimPatriot  
    • adlibn
      Posted on November 8, 2012 at 8:08pm

      And socialist systems last about 70 years, or two generations. The first generation sets up the system and gives themselves everything they want. The second generation tries to live off the system with fewer and fewer people contributing, until the money runs out, and the system implodes.

      Report this comment

      adlibn  
    • Detroitborn
      Posted on November 8, 2012 at 8:28pm

      The US is a Republic, not a Democracy.

      Report this comment

      Detroitborn  
    • drs1969
      Posted on November 8, 2012 at 8:46pm

      Re: adlibn
      With the debt he’s piled on, 7 years more, from ere, is a stretch. I give it 2-3.

      Report this comment

      drs1969  
  • powedj
    Posted on November 8, 2012 at 7:29pm

    In 4 years I’ll probably have one foot in the grave and the other on a banana peel. 2016 is too late. 2012 was our last chance to get it right and we blew it and let those uninform morons decide our fate.
    We will be a totalitarian dictator state before 2016.

    Report this comment

    powedj  
  • Stone Cold Truth
    Posted on November 8, 2012 at 7:22pm

    Hillary Clinton will be the next President of the United States. America will never return to it’s roots, culturally or governmentally. Common sense and results do not matter anymore. Until all the deadbeats die out we’re stuck in a post Constitutional, egalitarian tyranny. Maybe in another 50+ years we conservatives can re-emerge and create a new free country based on our original idea of individual liberty. This one is lost to the locusts and the leeches all for a free condom and an Obama phone.

    Report this comment

    Stone Cold Truth  
    • vennoye
      Posted on November 8, 2012 at 7:35pm

      Can’t agree with you! If Obama is as bad as I think he is going to be, by 2016, Democrat should be a 4 letter word. Whatever recession/depression the 44th fosters, it is his. Hillary can’t win on democrats only……..don’t think Republicans or third party would vote for her.

      Report this comment

      vennoye  
    • powedj
      Posted on November 8, 2012 at 7:46pm

      @ STONE COLD TRUTH. As for myself, many of us conservatives will not be around in 50 years. The communist indoctrinated zombies will be running amuck and there is no turning back.

      Report this comment

      powedj  
    • Max jones
      Posted on November 8, 2012 at 7:47pm

      There will never be another presidential election

      Report this comment

      Max jones  
    • Dushman Kush
      Posted on November 10, 2012 at 8:09pm

      Hillary Clinton will never be President of the United States. Once she leaves our Leader’s administration, she will have minimal political involvement. Valerie Jarrett, an esteemed Comrade, will most likely be the first woman to be President. Her running mate will be one of the esteemed male Comrades. Suggestions as to who?

      Report this comment

      Dushman Kush  
  • ToddNorth
    Posted on November 8, 2012 at 7:20pm

    He’s happy because it’s Obama’s game to lose. He’s saying, at the end of this next four years and obviously another sharp economic downturn, a new strategy – a responsible one, will be undeniable.

    Report this comment

    ToddNorth  
    • TimPatriot
      Posted on November 8, 2012 at 7:40pm

      Hate to break the news to you…but it was undeniable this time.
      And look what happened.

      As long as you round up busloads of idiot voters by the millions, tell them which button to push, promise them a free phone…..you are going to get the same result.

      Have you seen some of the clips Beck is playing on the “voters” that were Obama supporters? IQ= 10, Motivation=0…. incoherent babblers.

      Report this comment

      TimPatriot  
    • myptofvu
      Posted on November 8, 2012 at 7:45pm

      Never underestimate the stupidity of a Liberal. The whole country could look like Detroit and they still would vote in Obama for another 4 years if they could, but this time it won’t be Bush’s fault it will be the Tea Partys’ fault.

      Report this comment

      myptofvu  
    • Max jones
      Posted on November 8, 2012 at 7:48pm

      obama has a series of wildcards up his sleeve.

      Report this comment

      Max jones  
  • BellaMia7
    Posted on November 8, 2012 at 7:19pm

    Have we just re-elected Rosemary’s Baby? aka Stanley Ann Dunham’s Baby?

    Report this comment

    BellaMia7  
  • bhelmet
    Posted on November 8, 2012 at 7:11pm

    So funny, a few months ago ART said he felt the “winds” that got Reagan elected (it was on Glenn’s show) – now he is happy O got re-elected? Wow, DC is so infected that if we do not detach we will all carry the disease. Laffer, you are your namesake, although I believe your curve is valid.

    Report this comment

    bhelmet  
  • Gary_K
    Posted on November 8, 2012 at 7:02pm

    I cant help it but Art Laffer is stupid…..pro growth in 2016, ya right freedom will be lost but its all about growth…damn.

    Report this comment

    Gary_K  
    • smokeysmoke
      Posted on November 8, 2012 at 7:10pm

      GOP, you better not F UP 2016.. get your message right… and you better break thru the messaging barrier created by the liberala media… the only problem is that by the end of obamas term, the debt is going to be 21 trillion, and at the same time the money supply is going to EXPLODE, while growth will be tepid… creating the conditions that interest rates must rise, at the same time our FED WILL BE CORNERING THE US BOND MARKET… buying up bonds to supress interst rates…

      they are leaving the country with a debt, that you will be required to PRINT TO MAINTAIN LOW INTERST RATES, OR RAISE INTEREST RATES, AND PAY OVER 1 TRILLION DOLLARS A YEAR TO SERVICE YOUR DEBT… both options blow… and they problly will try to print their way thru it and hope for a magic solution, that WILL NEVER COME

      Report this comment

      smokeysmoke  
    • vic138
      Posted on November 8, 2012 at 7:11pm

      And how will the future of america be with 4 Obama appointed marxists on the supreme court and millions more immigrants from mexico here legally all claiming some sort of govt benefit?

      Report this comment

      vic138  
    • Max jones
      Posted on November 8, 2012 at 7:53pm

      Gary….here is a presentation from porter stansberry,,,takes 12 minutes….Very enlightening

      Report this comment

      Max jones  
    • Max jones
      Posted on November 8, 2012 at 7:56pm

      forgot the link, here it is http://pro.stansberryresearch.com/1210THIRDLIA/WPSINB12/

      Report this comment

      Max jones  
    • 00100111
      Posted on November 9, 2012 at 2:09pm

      America will not be here in 2016. Physically it will be, but it will not be the United States of America that we all know. It will likely be a nation divided into at least 2 separate nations, or more. I doubt there’ll be another election. We’ll never be what we once were. America is lost, it’s time to think about where we can rebuild on our own, now.

      Report this comment

      00100111  
  • Jenasus
    Posted on November 8, 2012 at 7:02pm

    Obama owns it all now. Obama and his communist followers are going to self destruct and be slaughtered when the smoke clears and the rest of the people in America will see him for the fraud that Obama is.

    Report this comment

    Jenasus  
    • barber2
      Posted on November 8, 2012 at 7:09pm

      I think that the successful, American capitalist system will be the first ” death .” Thanks, Obama . Thanks to the idiots who bought his ” con.”

      Report this comment

      barber2  
    • poorrichard09
      Posted on November 8, 2012 at 7:17pm

      Yeah, the commie Dems and 0bozo OWN what’s going to happen now.

      Report this comment

      poorrichard09  
    • oneshiner
      Posted on November 8, 2012 at 7:19pm

      JENASUS: I don’t need to wait and see what a Fraud he is, I already know it. I’ve read so much about him it makes my head swim. He won’t get any better, he’ll get worse. So, I can’t figure out what Art Laffer is saying that it’s not that bad…………..hmmm

      Report this comment

      oneshiner  
    • phrogdriver
      Posted on November 8, 2012 at 7:21pm

      Good luck with that. If they can’t look around now and see what is wrong, it won’t make any difference how bad it gets.

      We’re screwed.

      Report this comment

      phrogdriver  
    • Stone Cold Truth
      Posted on November 8, 2012 at 7:29pm

      I’ll bet you no one that voted for Obama will blame him for anything ever. Even if the economy completely collapses he will blame it on Bush again and people will think he did a great job trying to “stop the bleeding.” As long as ABC, NBC, and CBS choose to be players in advancing leftist ideology there is no hope. 50% of the country would eat their own turds if those 3 channels promoted it.

      Report this comment

      Stone Cold Truth  
    • Max jones
      Posted on November 8, 2012 at 8:02pm

      Obama is a dictator and the political system is being made irrelevant.

      Report this comment

      Max jones  
    • Max jones
      Posted on November 8, 2012 at 8:21pm

      Everybody knows this: Obama is a socialist. some know: Obama is a Globalist…. few know the rest of the story.http://theseason.yolasite.com/

      Report this comment

      Max jones  
    • apojoe69
      Posted on November 9, 2012 at 9:06am

      I agree with this post. I see we must reveal Obama’s fraud, by force if necessary, and herein lies our country’s redemption. This is our only hope. He will self destruct and If we don’t show his fraud, he will be able to blame someone else. I see him as evil personified and his bitter, klinging socialists as the bane of our republic. The truth about this man must be made clear to everyone beyond doubt. I do think he believes in what he is doing and that is why he is succeeding.

      Report this comment

      apojoe69  
    • PIGSWILLNEVERFLY
      Posted on November 9, 2012 at 9:00pm

      @JENASUS – If you watched the video of the above link from Max Jones you would know that we are already a socialist country. Have been since Teddy Roosevelt, then Woodrow Wilson, then FDR really did a job on us. We have only had an illusion of America. But, that was better than what 0 had done. He has smashed all hopes and dreams…the opposite of what he promised. He wants to be Kings so he has to smash everyone else down. We are in the beginning of a HUGE OIL Boom in this country and he is going to get ALL the credit and adoration from it and he will be able to buy or hurt whom he chooses. He is going to be another Chavez. I wish the Congress would impeach him NOW…they could at least try but, he has everyone afraid even though he is weak..Communists are bullies of the worst type.

      Report this comment

      PIGSWILLNEVERFLY  
  • gothope
    Posted on November 8, 2012 at 6:50pm

    Not to crap in anyones lunchbox but didn’t people say the same thing in 2008.

    Report this comment

    gothope  
  • CatherineAnn
    Posted on November 8, 2012 at 6:44pm

    The young voted him in and the young will pay the price tag for all Obama has spent and will spend! They will wake up shocked oneday and maybe even blame their parents for not explaining it to them. I guess we are just old and white and history like Newsweek says.

    Report this comment

    CatherineAnn  
    • barber2
      Posted on November 8, 2012 at 7:06pm

      The young will blame capitalism just like Obama keeps claiming that it was ” Bush’s old failed policies ” which caused the economic crash. Total garbage due to the Affordable Housing Act nudge domino which started all of this. Democrats AND Republicans were both at fault. But the Democrats have made a life-style of playing the Blame Card.

      Report this comment

      barber2  
    • oneshiner
      Posted on November 8, 2012 at 7:28pm

      I don’t cry for myself, but I do cry for my grandchildren having to pay for obama’s mistakes against our Nation.
      That’s why we needed Romney who has an extensive career making money & paying bills. Well, thanks to obama, our grandchildren will be paying for HIS fraudulent experiment. Never hire a community organizer to do the work of a knowledgeable, experienced person like Romney, a real man.

      Report this comment

      oneshiner  
    • wzanesdad
      Posted on November 8, 2012 at 7:58pm

      there will still be half of the country to tell them “we told you so” No mtter ho they try to spin it, we can then show them the truth.

      Report this comment

      wzanesdad  
    • Max jones
      Posted on November 8, 2012 at 8:16pm

      Blame who and what you will……50,000,000 state sanctioned murders, completely desensitized the culture to any semblance of MORALITY. That led to the normalization of sexual deviance and adultery.Which led to a youth culture that has become totally hedonistic and self absorbed….No “sin” is beneath the “sin” of our putting 50 million innocent babies to death on the altar of selfish sexual gratification. So now they get to vote for it….wow, are you obtuse?

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      Max jones  
    • Max jones
      Posted on November 8, 2012 at 8:28pm

      ONESHINER….Read the bible to your grandchildren …make them understand that Obama wants to steal their souls and lock them up in a very bad place. Tell them Jesus is coming back with an army of beautiful angels to save the day…..make them BELIEVE!!!!

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      Max jones  
    • phrogdriver
      Posted on November 8, 2012 at 8:51pm

      They aren’t going to be shocked. They will be outraged – at the rich. You think these morons will learn anything? Have they learned in California? Have they learned in France?

      Do you honestly think they will wake up one day and say “You know, all this time I’ve been wrong. Gov’t is the problem, not the solution”? Or “I was reading De Tocquville and Jefferson last night and I now recognize the problem”?

      If their IQs were any lower they would be on life support. These mouthbreathing idiots ARE NOT GOING TO LEARN ANYTHING – EVER!

      That’s why we are screwed. Totally and completely, 100% screwed. They have the intellectual capacity of a cabbage and they vote.

      May God have mercy on us all.

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      phrogdriver  
  • Maxim Crux
    Posted on November 8, 2012 at 6:42pm

    We need to stop listening to these idiots that say unrealistic things out of fear of what is really going to happen before 2016

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    Maxim Crux  
  • MDECKER
    Posted on November 8, 2012 at 6:42pm

    The only thing Laffer is right about is, it is the Democrat’s baby! Obama’s name is on the whole salami now, along with droopy dog Reed. I see nothing else positive about it.

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    MDECKER  
    • MDECKER
      Posted on November 8, 2012 at 6:46pm

      By the way, if that’s Artemis Gordan along side Ronald Reagan, I hope he has some tricks up his sleeve.

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      MDECKER  
  • justangry
    Posted on November 8, 2012 at 6:41pm

    “odds-on favorite” for 2016, Rep. Paul Ryan (R-Wisc.), “? I this a joke or is the GOP that retarded?

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    justangry  
    • cous1933
      Posted on November 8, 2012 at 9:16pm

      You’re right JustAngry, these neocon statists just don’t get it. The definition of insanity is doing the same thing over and over and expecting a different result.
      I wanted Obama out of office as much as anyone but I knew as soon as Romney was nominated, he had no more chance of winning than McCain did.
      The only Republican candidate who could have taken the youth vote from Obama was Ron Paul. Paul would also have taken the anti-war voters from Obama because he doesn’t just say it, he means it. I honestly believe that Paul would have won this election if the neocons hadn’t worked so hard to make sure he couldn’t get the nomination.
      It just amazes me that just hours after the travesty of this election, they’re already making plans to lose the next one.

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      cous1933  
    • 00100111
      Posted on November 9, 2012 at 2:15pm

      It’s teh neocawnzzzzz! They’re doing tehyre neocawnismzzzz! Oh noooeeezz!

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      00100111  
  • progressiveslayer
    Posted on November 8, 2012 at 6:41pm

    This has been Barry’s plan all along to end America,he’s currently working on abolishing the second amendment and if successful we all know what happens next. This is when we see if the Military will follow his illegal orders,follow the so called man or the constitution.He’s also working on abolishing the first amendment and since he has designs for those two why not the twenty second amendment?

    What’s to stop the megalomaniac from doing that? Since he believes himself to be a god who will stop him? congress LMAO that’s filled with candyass traitors afraid of their own shadow.

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    progressiveslayer  
    • barber2
      Posted on November 8, 2012 at 7:02pm

      I did notice the comments made by Gifford’s husband today. Gun control and conservative media suppression are , no doubt, on the radar for the ” we can do whatever we choose ” Obama White House.

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      barber2  
    • Jenasus
      Posted on November 8, 2012 at 7:06pm

      The Military has a line drawn in the sands of time the same as we do.
      You remember that sex scandal that involved the secret service? That was just a cover for what really happened.

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      Jenasus  
    • Hisnameishussein
      Posted on November 8, 2012 at 8:35pm

      He will bring in UN troops to take out guns, he wouldn’t chance using our military. Every small town already has swat vehicles and drones..

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      Hisnameishussein  
    • Max jones
      Posted on November 8, 2012 at 8:37pm

      PROGSLAYER…You’re one of the few who knows what is going on…..He will never relinquish the throne, ever. and will do whatever he has to.
      its internet first, then the firearms…or the firearms then the internet…….

      Report this comment

      Max jones  
    • Max jones
      Posted on November 8, 2012 at 8:49pm

      HISNAMEISATAN..Iv’.e been wondering just where the military will come down on this.

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      Max jones  
    • 00100111
      Posted on November 9, 2012 at 2:17pm

      The good thing about him using UN troops is that those blue helmets really stand out. Great targets.

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      00100111  
  • jackact
    Posted on November 8, 2012 at 6:37pm

    Appropriate and timely choice of text.
    Eventually conservatives will be called to the rescue.
    That is a sure bet.
    Optimism is a characteristic of patriotism (@Doomsdayprophet)
    The silver lining is that 20 years of absent socialism beats 4 or 8 years.
    That is what Obama’s sure failure will produce.

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    jackact  
    • gothope
      Posted on November 8, 2012 at 6:49pm

      Our biggest problem is that minorities dont vote based on freedom they vote based on what the govt gives them or will do to help them as a minority group. Socialism gives them that Capitalism and the Constitution cant. How do we get it through that the path they have been on is not one that is in their interest but the interest of the democratic party. Dems are perfectly happy if they stay poor and vote D. How do they not see this?

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      gothope  
    • jackact
      Posted on November 8, 2012 at 6:57pm

      @Gothope,
      Yes, but socialism always runs out of other people’s money. Just because its new to America doesn’t mean the ideology failure has changed. It is guaranteed to fail. The burden of (minority, as you say) entitlements only expedites the collapse.

      Report this comment

      jackact  
    • Max jones
      Posted on November 8, 2012 at 8:44pm

      Only thing is Obama won;t fail. He will be the The most powerful leader the nation has ever had, and will step over our dead bodies to prove it.

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      Max jones  
    • mm1005
      Posted on November 8, 2012 at 11:19pm

      @ gothope,
      They wouldn’t be voting against your perceived biased or stereotyping would they?!
      Your failure to understand their point of view may be the larger shortcoming of the your outlook or the R’s party… I think that many minorities would gladly vote for fiscal conservatism and “personal responsibility”. But overall there is a perception that conservatives aren’t as open to newer or more diverse groups. And this perception isn’t due to media bias…

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      mm1005  
    • drs1969
      Posted on November 9, 2012 at 12:47am

      Re: mm
      Nonsense, blacks are far more racist than whites(90+% voted BHO). If whites were less brainwashed, BHO would never have been elected.

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      drs1969  
    • drs1969
      Posted on November 9, 2012 at 12:54am

      Also, it IS due to media bias. They’ve been calling everyone racists for 4 yrs., because they don’t want to be Barry’s slaves.

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      drs1969  
  • Truthmonster
    Posted on November 8, 2012 at 6:36pm

    In 4 years Omerika will be like Cuba. We will have Donkeys as transportation and to remind us of the Party that made us like that.We will be eating rice and dog because that’s all the new Super Power China will give us. They will take all the food grown here and the oil. Gas will be only avaiable to Premiere Obama bundlers and the rich elite puppets. Thank you 47%ers! Dumb women and mush headed young people!

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    Truthmonster  
  • barber2
    Posted on November 8, 2012 at 6:35pm

    Anyone who is “optimistic” with Obama in the White House for another 4 years is insane .

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    barber2  
    • RJJinGadsden
      Posted on November 8, 2012 at 6:49pm

      BARBER2, I caught the interview earlier and it took it a few minutes later to sink in with me. We are already dealt the hand we have. No matter how much wishing we do will accomplish anything. We are stuck looking to the future once again. Much like it was said about Reagan when he ran for the candidacy against Ford for president during the ’76 primary. Reportedly, Reagan would not have been the conservative that we saw when he actually won in 1980. Yeah, we had to suffer through Carter’s bumbling around, but it brought us 12 years of Republican presidency.

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      RJJinGadsden  
    • jhgreene
      Posted on November 8, 2012 at 6:51pm

      True that Barber2. I agree with your sentiment. But of course he’s voicing optimism about 2016-2020, not the next 4 years.

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      jhgreene  
    • barber2
      Posted on November 8, 2012 at 6:59pm

      RJJ: BUT Carter wasn’t an ” anti-capitalist ” which I am sure Obama is. Carter was a peanut farmer. A business man. I think Obama has “punishment” for capitalism on his mind ( SocialismRocks’ comment on an article sounds like something Obama himself would write ! Hates those nasty plutocrat/ rich / guys ! ) I have NEVER felt this upset about America’s future before. )

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      barber2  
    • vennoye
      Posted on November 8, 2012 at 7:44pm

      @jhgreene
      At least we have another midterm election in 2 years.

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      vennoye  
    • Max jones
      Posted on November 8, 2012 at 8:45pm

      There will NEVER another election in our lifetimes.

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      Max jones  
  • phrogdriver
    Posted on November 8, 2012 at 6:33pm

    I love Art Laffer and have a great deal of respect for him. But if republicans couldn’t beat this guy with this economy and his nasty campaign, they aren’t going to beat anybody. Republicans have this idea that if things just get bad enough, people will turn away from gov’t. Can anyone show me one single example of that in all of human history?

    Look at Greece, France (2012 or 1787), California, New York – look anywhere. Once they go down the road to statism, they NEVER TURN BACK. And Tuesday was the tipping point election. We won’t be going back for generations to come. The Takers out number the Makers, and the mob has ruled.

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    phrogdriver  
    • drs1969
      Posted on November 9, 2012 at 1:03am

      Look at the big picture. We have a larger debt load than Greece. They can’t keep the farce up, much longer. Now that the taxpayers see they’re screwed, they will cut back severely on all economic activity. We are in the end stage of Terminal Cancerous Government, just like USSR in 1990. A debt crisis looms.

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      drs1969  
  • GoodStuff
    Posted on November 8, 2012 at 6:30pm

    It won’t be Paul Ryan, as much as I like him.

    I can guarantee you both parties will run a hispanic in 2016. It will be hispanic vs. hispanic. That’s not even debatable.

    But, why are we talking about 2016…Our country is toast. Four more years of marxism? We’re finished.

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    GoodStuff  
    • 2MINUTESTOMIDNIGHT
      Posted on November 8, 2012 at 6:36pm

      Agreed. This is Obama’s America. Stick a fork in us – we’re done. Four years of the unchecked anticolonial Kenyan sock monkey and there will be nothing left to fix.

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      2MINUTESTOMIDNIGHT  
    • barber2
      Posted on November 8, 2012 at 6:52pm

      2MINUTES: I agree. This election was a stake in the heart of American capitalism which is exactly what the Obama Far Lefties have desired. Sad and stupid. Big Brother is now in our government and the last election may have been as phony as that so-called video. Not that we will ever know since the MSM shares their Lefty vision and covers for them like Benghazi and the latest Iranian drone incident.

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      barber2  
    • SAVETHEUNION
      Posted on November 9, 2012 at 11:23am

      We’re not finished. We will have a president in 2016. It will not be Obama. I know he would love to be the next Caesar but I don’t buy the theory that he is installed as permanent dictator. This election was divided. There was no mandate. As recent as 2010 conservatives swept the mid-term elections. In the last several months Scott Walker beat back a liberal effort to recall him. We are not yet Russia in 1917. But we need to refocus our message. Not compromise our principles. We need to start doing what the left is doing as far as their ground game is concerned. Gotta admit, they got the ground game perfected. When it came to wooing the latino vote, the GOP punted, remained aloof. Consequently we gave up a very large voting bloc — who surprisingly, are much like us in philosophy and belief (strong family values, pro-life, church-going, hard-working). If we spend the next four years indoctrinating, not alienating these people, and succeed in even winning half the Latino population over, the liberals will never win another election. I say beat them at their own game. And we have the perfect standard bearer in Marco Rubio. We start now. Not next month. We have four years to get this right.

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      SAVETHEUNION  
    • 00100111
      Posted on November 9, 2012 at 2:26pm

      America is finished. America is gone. It pains me to say it, but America is gone. The “new majority” has spoken. They unequivocally want free stuff more than they want sound fiscal policy. They don’t want to work, they want free stuff from the govt, and they want us to pay for it. They don’t care that it isn’t sustainable. They don’t care about $1T deficits. They don’t care the debt is $16T and will be $22T by 2016. They only care about free stuff. There have always been takers in this country, now they’re the majority. We don’t turn back from this. The America we grew up with is gone, and will never be the same. It’s about to get a whole lot worse.

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      00100111  
  • GilbertAcct
    Posted on November 8, 2012 at 6:28pm

    Paul Ryan is a big goverment conservative, just like Romney. I hope that he doesn’t run.

    Here he is begging congress to pass TARP. Such demagoguery makes me sick. Similar to him telling endless stories about his grandma to convince conservatives that Medicare is the best thing since sliced bread (or since Social Security maybe).

    http://www.youtube.com/watch?v=RyJBZYz858M

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    GilbertAcct  
    • drs1969
      Posted on November 9, 2012 at 1:07am

      Yea, he’s no Palin, which explains the poor turnout.
      Rush Limbaugh, if your listening, this is why the base didn’t turnout like it did in ’08.

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      drs1969  
  • Darmok and Jalad at Tanagra
    Posted on November 8, 2012 at 6:28pm

    Engsosh, Big Brother loves you, Asiasosh is the enemy. You must sacrifice for the survival of Engsosh. If you wont give willingly, we will take what is the rightfully the peoples. Big Brother is Watching – George Orwell, 1984.

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    Darmok and Jalad at Tanagra  
  • Rothbardian_in_the_Cleve
    Posted on November 8, 2012 at 6:28pm

    Spoken like a true GOP. How is that any different than Barry? Didn’t we have the Bush Era already? Yeah, I want more of that. /sarc.

    I’ll agree with him on crashing it. All for it. Let it all come down. But if you think I’m about to let the GOP pick up the pieces you got another thing coming. I’ll have plenty of ammo left for that struggle as well.

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    Rothbardian_in_the_Cleve  
    • justangry
      Posted on November 8, 2012 at 6:52pm

      Maybe they think the Liberty folks will forget and vote for their technocratic police statist next time around? I don’t think we’re dealing with reason here. They appear to be doubling down on their stupidity.

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      justangry  
  • DoomsdayProphet
    Posted on November 8, 2012 at 6:25pm

    He won we lost. Thanks for being so optimistic for the working poor and middle class.

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    DoomsdayProphet  

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