At The WSJ, Art Laffer counters calls to create a high income tax in Washington state.
On Foxnews.com, Ralph Benko argues a 21st-century gold standard is vital to fixing the economy.
Also at The Journal, editor Paul Gigot discusses last week’s anti-trade vote against China in the House:
On RCM, John Tamny doubts congressional Republicans understand how to repair the economy.
At NRO’s Corner, Stephen Spruiell critiques Paul Krugman’s claim that Keynesians are vindicated and classical economists repudiated by continued low inflation and interest rates.
On The Kudlow Report, Don Luskin suggests U.S. stock market trends are eerily similar to those during the Great Depression:
At Café Hayek, GMU’s Don Boudreaux challenges U.S. Sen. Sherrod Brown (OH) to a public debate on trade.
In The Washington Times, Richard Rahn warns Republicans not to raise taxes as part of a deficit reduction compromise.
Larry Kudlow highlights Dan Mitchell’s recent video on how to balance the budget based on spending cuts rather than tax increases.
Dan Mitchell @ Cato tells us that to balance the budget all we need to do is abolish the dept. of agriculture, abolish energy subsidies, abolish dept. of housing+urban develop., abolish dept of small business admin, abolish dept. of education, abolish endowment for the arts, and abolish dept. of transport. And he probably didn't give us the complete list either. Actually he doesn't say 'abolish' but he might just as well if he is going to cut the funding. Oh, and he mentions entitlements at the end of the vid so you just know what he's thinking there!
ReplyDeleteSo does anyone think there is a good reason why no government has done that and no government that isn't just lurking in somebody's overactive mind never will? These non-solutions from Cato are not helpful but they do make for good politics. And that's what's important now isn't it? Right??