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Top economist Laffer: White House budget "is the perfect plan for catastrophe"
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Wednesday, February 10, 2010
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From Newsmax:

Economist Arthur B. Laffer, head of the Office of Management and Budget under President Ronald Reagan and founder and chairman of economic research and consulting firm Laffer Associates, says President Barack Obama’s proposed budget “is the perfect plan for catastrophe.”

“It shows no spending restraint and is raising tax rates,” Laffer told Newsmax.TV’s Kathleen Walter.

He said the budget blueprint puts a greater burden on people who work and...

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