Application of the Laffer Curve is why the U.S. boomed in the 1980s and 1990s, why India is rocking now and why eastern Europe will outperform western Europe.

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In both the 1980s and 1990s, for instance, the U.S. economy boomed even as inflation and interest rates declined.

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The U.S. economy boomed, jobs expanded, and the expansion almost always occurred in new, unanticipated segments driven mainly by the inexorable, unpredictable and powerful advances in technology.

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Even with the weak U.S. recovery and the ongoing drug violence, Mexico has boomed.

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The railroads were so domineering that the U.S. led the way in the Second Industrial Revolution and its economy boomed.

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The duo started out buying up cheap real estate throughout the U.S. from distressed owners, and then kept buying when values recovered and boomed.

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