Laffer: Govt Shutdown Politically Unpopular

Thursday, 03 Mar 2011 08:02 PM

By Hiram Reisner

Share:
A    A   |
   Email Us   |
   Print   |
   Forward Article  |
  Copy Shortlink
Former economic adviser to President Ronald Reagan Art Laffer says the reason GOP lawmakers continue to vote for continuing resolutions to keep the federal government running is because a shutdown is seen as politically unpopular and Republicans are trying to avoid being put in that position.

“Well, I think what they have been warned about is it’s politically very unpopular to be the person seen as shutting the government down,” Laffer Thursday told Fox News’ Neal Cavuto. “The people who do that don’t gain political credibility with it. So they all much prefer not to shut it down

“And the Republicans, you know they have a real problem, because they’ve got to keep to their promise of spending cuts,” Laffer said. “And they’re very right to keep to those promises. And what they’ve got to do is just make sure that it is the Democrats that vote against the continuing resolution, not the Republicans. So they aren’t seen as the people who do it.”

Laffer said the GOP should try and make sure the government doesn’t shut down, without sacrificing the proviso that spending continues to be cut in any temporary extension measures.

“We want to make this work. If we have to do it against the Democrats – so be it,” Laffer said. “But I’d much rather do it with the Democratic support, with continuing resolutions and all of that.”

Cavuto asked Laffer whether the notion that if the government shuts down it goes into default is wrong.

“I think it is wrong. I don’t think we go in default,” Laffer said. “But, Neal, it is not something that anyone should want to do.

“The Democrats have the losing hand, they lost the elections badly, they’re going to lose them again in 2012, if they don’t wake up and smell the coffee,” he continued. “People want the spending brought down.”



© 2014 Newsmax. All rights reserved.

Share:
   Email Us   |
   Print   |
   Forward Article  |
  Copy Shortlink
Send me more news as it happens.
 
 
Get me on The Wire
Send me more news as it happens.
Around the Web
 
Email:
Retype Email:
Country
Zip Code:
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved