on/laffer curve

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Once again, reality shows its liberal bias

There is nothing wrong with being hopeful and keeping your fingers crossed as you try something new. But when hope and magical thinking become not merely your attitude but the entire rationale behind your actions, you should be prepared to be disappointed. After all, magic is not real. Only reality is real, and as Stephen Colbert once sagely observed, reality has a well-known liberal bias.

May 12, 2015