Tuesday, November 28, 2006

The Laffer Curve

I just felt like posting these two pictures because I feel that they represent how I feel most days.




Many times I'm having so much fun, I can't think of anything I'd rather be doing.

Sometimes I feel like this guy. I think I need to decrease the amount of notes I give each class. My general rule is that notes should not be taken for more than 20 minutes in a lecture.
CLASSIC QUOTE

In 1930, the Republican-controlled House of Representatives, in an effort to alleviate the effects of the... Anyone? Anyone?... the Great Depression, passed the... Anyone? Anyone? The tariff bill? The Hawley-Smoot Tariff Act? Which, anyone? Raised or lowered?... raised tariffs, in an effort to collect more revenue for the federal government. Did it work? Anyone? Anyone know the effects? It did not work, and the United States sank deeper into the Great Depression. Today we have a similar debate over this. Anyone know what this is? Class? Anyone? Anyone? Anyone seen this before? The Laffer Curve. Anyone know what this says? It says that at this point on the revenue curve, you will get exactly the same amount of revenue as at this point. This is very controversial. Does anyone know what Vice President Bush called this in 1980? Anyone? Something-d-o-o economics. "Voodoo" economics.




3 comments:

Anonymous said...

BORAT!!!!!!!!!!!!!!!!!
http://www.theage.com.au/ffximage/2006/10/18/19W_BORAT_wideweb__470x272,0.jpg

The Saint said...

OK! OK! I'll check it out. It better not be offensive!

TheBellydancingBaKeTress said...

Your pics are great. I love the kindergarten cop one. I think I may just borrow it. Umm.. Thinking of that movie gives me the confidence needed to go about my teaching day.