"Let me just try to give you sort of the intuitive one here on the stimulus funds. If you have a two-person economy - let's imagine we have two farms, and that's the whole world, just two farms. If one of those farmers gets unemployment benefits, who do you think pays for him? Am I going way over your heads today?"
American economist known for contributions to supply-side economics and for the Laffer Curve, which models relationships between tax rates and tax revenue. He has advised political leaders and policy institutions on fiscal and economic strategy. His work has been influential in U.S. tax policy debates.