Reagan-era advisor and creator of the “Laffer curve” in economic theory Art Laffer gave the keynote address at the Pacific Research Institute’s annual dinner gala tonight in San Francisco. During a substanative tutorial on economic theory, taxation and government monetary policy Laffer, during the portion of the program that involved audience questions, called governor-elect Jerry Brown “this best governor California ever had” because of his economic policies. Read more
As we begin Election Day, the Democrats not only appear poised to lose between 60 and 75 House seats (I'll defer to Jay Cost for the exact number), but they appear to have a roughly 50-50 chance of losing control of the Senate as well.