Famous Quotes

"It has always amazed me how tax cuts don't work until they take effect. Mr. Obama's experience with deferred tax rate increases will be the reverse. The economy will collapse in 2011."

Arthur Laffer on Experience

More quotes about Experience

• "Life can only be understood backwards but it must be lived forwards."

  Soren Kierkegaard on Experience

• "The only source of knowledge is experience."

  Albert Einstein on Experience

• "Experience: that most brutal of teachers. But you learn, my God do you learn."

  C. S. Lewis on Experience

• "Experience is simply the name we give our mistakes."

  Oscar Wilde on Experience

• "A man who carries a cat by the tail learns something he can learn in no other way."

  Mark Twain on Experience

More quotes by Arthur Laffer

• "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."

• "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."

• "What I'm not saying is that all government spending is bad. It's not - far, far from it, but there is no free lunch, as a former colleague of mine used to say. There is no public tooth fairy. Father Christmas does not work on the Treasury staff this year. You can never bail someone out of trouble without putting someone else into trouble."