Laffer Curves of Dating
This is a reader recommended blog! J.W. Isaacs‘ recommendation was to use a Laffer Curve and “replace tax % on the x axis with expectations and replace tax revenue with results.”
The basic lesson is that there is an optimum tax rate for government revenues before the tax burden starts hurting the economy and government revenues fall. While this may be an intuitive idea, the economist Art Laffer changed the political debate about taxes when he first drew up this curve on a dinner napkin.
Ok, so per the recommendation, we are replacing “tax percent” with “expectations” and “government revenue” with “dating results.” Which makes the statement,
There is an optimum expectation for dating results before the level of expectations starts hurting the relationship and results fall.
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