Told ya so.
This is amazing. This guy, Peter Schiff, nails our current economic state to the wall! Awesome! Wish we’d all been listening to him back then (in 2006)! Watch the entire video, and then tell me what you think.
Stunned? No, he’s not psychic. Mr. Schiff just looked at the data correctly. Art Laffer (the other guy in the video) didn’t want to admit it. I wonder what Mr. Laffer is doing now? And did he ever pay up on the bet?
Don’t forget to let me know what you think.
Mr. Laffer looks slimy to me. This guy creeps me out. Mr. Schiff handles himself better. That’s another thing that grinds my nerves… when people start yelling at each other… shows a lack of self control that should be a given when in the public eye. If you can’t respond without yelling, you probably don’t have a leg to stand on and the only way you can get your point across is by making it louder. Lame.
Other than that I have nothing to say. I can’t watch clips like this for longer than 39 seconds or I lose focus. I have no idea what either of them said, except that Schiff said his stuff purdier. :0)
Check out Laffer’s response to the bet two years later…
http://www.youtube.com/watch?v=9BND3F1KfZ0
What a Jack@ss! btw, Bill Maher and Tim Robbins aren’t that spectacular either, but the video shows Laffer’s idiocy.
D.