Garden State Patriot

Economist Art Laffer - renowned, of course, for the Laffer curve, a centerpiece of Reaganomics in the 80’s – has penned a piece on healthcare in today’s Wall Street Journal.

Put up to this, no doubt, by the insurance companies Laffer delivers a terrific ’sucker punch’ to the administration [emphasis added].

According to research I performed for the Texas Public Policy Foundation, a $1 trillion increase in federal government health subsidies will accelerate health-care inflation, lead to continued growth in health-care expenditures, and diminish our economic growth even further. Despite these costs, some 30 million people will remain uninsured.

Implementing Mr. Obama’s reforms would literally be worse than doing nothing.

I recommend reading Mr. Laffer’s entire piece here.

And when you’re done, don’t forget to tattle on him to the White House for spreading this ‘disinformation’ (flag@whitehouse.gov).

Cross-posted at Conservatives with Attitude!