Friday update.

In The WSJ, Kevin Hassett and Alan Viard argue raising high tax rates will hurt small businesses.

On the Kudlow Report, Larry Kudlow discusses why businesses aren't hiring.

At Asia Times, David Goldman explains why banks are avoiding risk.

Don Luskin predicts a bull market coming.

Bloomberg's Caroline Baum suggests economic pessimism may be overdone.

John R. Lott sees government repeating its Depression-era mistakes.