Via Karl Smith via Mankiw, (I’m not sure what the correct order should be in multiple “via”s) Arthur Laffer straightens things out:

I’ve never said all tax cuts pay for themselves. I never even said Reagan’s tax cuts would pay for themselves.

So will the vulgar supply-siders (Megan non-water-engineer calls them teacher’s unions of the right) go away now? It is also revealed that Arthur Laffer likes Clinton and nude modeling studios but dislikes Nixon and California.

Something completely different: Ron Paul rebukes the harmful effects on America’s foreign policy caused by a politically organized ethnic group. I don’t approve of these illiberal third world regimes any more than they do, but good for Ron to advocate something reasonable, whatever the New York Times thinks of it. If the National Interest hasn’t put him on their cover yet, they should.