In response to:

The Laffer Curve Strikes Again: Revenues Falling in Spite of (or Perhaps Because of) Spain’s Punitive Corporate Tax Rate

George257 Wrote: Oct 04, 2012 2:07 PM
A lot of the problem is that politicians will naturally do what will make them popular over the next 4 to 8 years, when they will be seeking reelection. Sound, prudent economic management does not make you popular in the short run. It is paINFUL. Lower spending, less bribery of voters (which is what socialism means), better education, all produce benefits over the next 15, 25 or 50 years. That doesn't help politicians get elected. It's not that they don't know higher taxes are harmful. It's simply that higher taxes benefit them.
3129 Wrote: Oct 04, 2012 5:00 PM
These days, seeking reelection is a constant process. It is difficult to find a representative or senator on a Friday because they are flying home to campaign on weekends. PBS did a show on that phenomenon which they actually called the constant election. The willingness to spend the time and money to acquire political power demonstrates that the seeker should not have it. Viva la revolucion.
Texas Chris Wrote: Oct 05, 2012 1:27 PM
My goal would be, as a politician, to cut so much government that the people who elected me would never vote for me after the first term.

I bet even the TEA Party would call me extreme...