All economics designed in US is a fraud

I've got an empirical theory that all economics deigned in America is to defraud people.

Check out the nonsense that is Laffer Curve. It claims that cutting taxes can lead to greater spending and so economic growth.

So I suppose the tax receipts just sit under the treasurer's bed? Quite the opposite! The most reliable spender is the Government.

If you cut taxes people are most likely to end up with surplus cash and put it under their bed. Plus the people who benefit most from tax cuts are the rich (the people who presumably promoted this nonsense from Laffer) and the rich are the ones least likely to spend, and most likely to save and invest.

So cutting taxes always leads to economic stagnation!