Laffer curve revenue would start to fall, manna-like, from the heavens. Since January, I had been explaining that there is no literal Laffer curve." Stockman also said that "Laffer wasn't wrong, he just didn't go far enough" (in paying attention to government spending). Some have criticized elements of Reaganomics on the basis of equity. For example, economist John Kenneth Galbraith believed that the Reagan administration actively used the Laffer curve "to lower taxes on the affluent". Some critics point out that tax revenues almost always rise every year, and during Reagan's two terms increases in tax revenue were more shallow than increases
Notional election results local government wards, and it is the results from local government elections that are the primary source used to calculate notional results at a constituency level. Professors Colin Rallings and Michael Thrasher of Plymouth University have been involved in calculating notional results for general elections since 1992 where periodic boundary changes have taken place. The data compiled from their work has been used by several prominent media companies including television channels for the purposes of comparing one general election result to the last. Notional results have their limitations in that voting patterns may well have been different had new boundaries