Laffer curve led to federal budget surpluses. The Republican party, which was then based in the protectionist industrial Northeast, argued that cutting rates would lower revenues. But the Democratic party, then rooted in the agricultural South, argued tariff reductions would increase revenues by increasing the number of taxable imports. In 2012, economists surveyed by the University of Chicago rejected the viewpoint that the Laffer Curve's postulation of increased tax revenue through a rate cut applies to federal US income taxes of the time in the medium term. When asked whether a "cut in federal income tax rates in the US right now
Larry Laffer on their list of top "hoes of gaming" and GamesRadar included him among the "13 unluckiest bastards in gaming". In 2013, "Game Informer" called him "one of gaming's more infamous characters, at least among the people who still remember him by name," and "Complex" gave him their "Mr. Thirst" award for the most lustful video game character of all time. Larry made a homage-type cameo appearance in the "" episode "Grand Theft Starship" and was referenced by Charles Stross in "Asimov's Science Fiction". A "lecherous" octopus at the Seattle Aquarium was named after the character. Larry Laffer Larry Laffer is