On the recordDecember 8, 2010
We are facing, without action and intervention, the largest tax increase in the history of our country. And the Laffer Curve and the professor that put that together, very smart man. And I think it's very telling. I think that actually it could be named, take a little creative license, and in addition to being a Laffer Curve, a curve of uncertainty, or certainty. Because there is some point in there, and you have already mentioned that word, that you either have certainty in the economy, and jobs are created, and economic development happens, or you have uncertainty and things come to a screeching halt. And that's what we've seen over this past 2 years-plus in terms of the economy. And that's jobs. And the one thing I tell people, or what I hear when I go around and I talk with the people at home--frankly, I talk with the people who are the job creators--it's uncertainty in the economy. And a lot of that has to do with taxes.
