In The Washington Post, Ezra Klein solicits experts on what top tax rate maximizes revenue. As several commenters note, there's a difference -- at least in the short run -- between the rate that maximizes government revenue and the rate that maximizes growth.
Richard Rahn expands his argument that supply-side economics yields superior results to demand-side spending.
On The Kudlow Report, David Goldman discusses Federal Reserve policy:
On Fox Business News, Tamny discusses auto bailouts:
Also in The Journal, Henry Olsen argues unemployment is higher than conventional estimates, and must be countered with pro-growth policies.
This is important:
ReplyDeletehttp://www.marketwatch.com/story/reagan-insider-gop-destroyed-us-economy-2010-08-10?pagenumber=1
Anonymous--
ReplyDeleteSee last week's post of the original Stockman piece and the multiple responses.
Stockman himself softens his tax-hikes-are-good line in the Kudlow interview, and Kudlow wins the debate re: the deficit and the Bush tax cuts.
So what are we left with? His argument that delinking gold was a bad idea and Milton Friedman was wrong on that? Sold.
That's what supply-siders have said all along.