From Forbes, Ralph Benko and Charles Kadlec applaud Herman Cain’s new book for its focus on the gold standard.
In The WSJ, Edward Lazear argues the supply-side view of austerity – cut spending, keep taxes low -- is correct.
At Cato, Alan Reynolds explains that today’s higher executive pay is due mainly to past tax reforms thatreduce penalties for declaring income.
On The Kudlow Report, Stephen Moore discusses austerity vs. stimulus:
In Forbes, John Tamny opposes the estate tax.
The NY Sun recounts the history of the Federal Reserve's founding.
On The Daily Beast, David Frum highlights Charles Kadlec debating the gold standard.
In The WSJ, Stephen Moore notes strong poll numbers for Gov. Scott Walker (WI).
At PJ Media, David Goldman applauds Germany for insisting upon Greek budget cuts.
In The WSJ, Matthew Sinclair outlines ideas for British tax reform.
From Heritage, Rob Bluey summarizes the 2013 tax increases.
Showing posts with label Cain. Show all posts
Showing posts with label Cain. Show all posts
Wednesday, May 23, 2012
Tuesday, May 15, 2012
Monday items: Cain advocates gold; Snow on Taxmaggedon; Goldman on the dollar rise and market slump.
From The WSJ, Herman Cain argues for a dollar as good as gold.
In The WSJ, John Snow highlights the danger of Taxmaggedon.
On The Kudlow Report, David Goldman discusses the rising dollar and market slump:
The China Times reports Robert Mundell advocating a world currency.
From Forbes, John Tamny applauds a Facebook founder for renouncing his US citizenship.
Stephen Moore notes the Obama Administration’s opposition to coal.
At The WSJ, James Freeman suggests JP Morgan’s investment losses didn’t violate any rules.
In The NY Sun, Ira Stoll reports support for Mitt Romney from smaller financial firms.
In The WSJ, John Snow highlights the danger of Taxmaggedon.
On The Kudlow Report, David Goldman discusses the rising dollar and market slump:
The China Times reports Robert Mundell advocating a world currency.
From Forbes, John Tamny applauds a Facebook founder for renouncing his US citizenship.
Stephen Moore notes the Obama Administration’s opposition to coal.
At The WSJ, James Freeman suggests JP Morgan’s investment losses didn’t violate any rules.
In The NY Sun, Ira Stoll reports support for Mitt Romney from smaller financial firms.
Wednesday, April 18, 2012
Tuesday items: Norquist on trickle down taxes; Stoll on the politics of tax increases; Romney on the Buffett Rule.
From The WSJ, Grover Norquist argues tax increases on the rich trickle down to the middle class.
In The NY Sun, Ira Stoll suggests President Obama’s tax increase policy leaves him politically vulnerable.
At The WSJ, Stephen Moore reports the Buffett Rule’s defeat in the Senate but notes Democratic pledges to keep pushing it.
In The American, Steve Conover explains the Buffett Tax would hit older people disproportionately.
On The Kudlow Report, Mitt Romney discusses tax policy, the Fed, and oil:
At RCM, John Tamny criticizes Romney’s tax and monetary positions.
In IBD, Art Laffer highlights the failure of California’s soak-the-rich approach.
At The Washington Times, Richard Rahn explains the wealthy have great capacity to determine how much tax to pay.
From Alhambra Partners, Joe Calhoun sees the market moderating in response to modest economic growth.
The San Francisco Chronicle features an Investopedia article that notes that as tax rates rise the rich may not work less but do find ways to offset their taxable income.
From The Victory Corp, John Tamny discusses Herman Cain’s tax plan and Rick Santorum.
At Reason, Shikha Dalmia suggests John Maynard Keynes may have been a closet supply-sider.
In The NYT, Bruce Bartlett notes that businesses startups do create most new jobs but suggests tax cuts won’t do much to help.
In The NY Sun, Ira Stoll suggests President Obama’s tax increase policy leaves him politically vulnerable.
At The WSJ, Stephen Moore reports the Buffett Rule’s defeat in the Senate but notes Democratic pledges to keep pushing it.
In The American, Steve Conover explains the Buffett Tax would hit older people disproportionately.
On The Kudlow Report, Mitt Romney discusses tax policy, the Fed, and oil:
At RCM, John Tamny criticizes Romney’s tax and monetary positions.
In IBD, Art Laffer highlights the failure of California’s soak-the-rich approach.
At The Washington Times, Richard Rahn explains the wealthy have great capacity to determine how much tax to pay.
From Alhambra Partners, Joe Calhoun sees the market moderating in response to modest economic growth.
The San Francisco Chronicle features an Investopedia article that notes that as tax rates rise the rich may not work less but do find ways to offset their taxable income.
From The Victory Corp, John Tamny discusses Herman Cain’s tax plan and Rick Santorum.
At Reason, Shikha Dalmia suggests John Maynard Keynes may have been a closet supply-sider.
In The NYT, Bruce Bartlett notes that businesses startups do create most new jobs but suggests tax cuts won’t do much to help.
Monday, February 13, 2012
Monday items: Gold enthusiasm at CPAC; Kudlow on King Dollar; Forbes on the Fed.
From Forbes, Stephen Richer notes youth enthusiasm at CPAC for gold.
TNR reports from CPAC on Herman Cain’s policy focus on tax reform and gold-linked money.
At NRO, Larry Kudlow advocates for a golden King Dollar.
On The Kudlow Report, Stephen Moore debates the President’s tax proposal:
In The WSJ, Art Laffer highlights tax cutting in the states.
At The American, James Pethokoukis critiques the President’s budget proposal.
From Forbes, Steve Forbes bashes Ben Bernanke’s intrusions in the market.
On RCM, Dan Mitchell reports US pressure on Switzerland’s tax haven status.
At The WSJ, Paul Gigot discusses Mitt Romney’s CPAC straw poll victory.
From Forbes, John Tamny rebuts demographic doomsayers.
TNR reports from CPAC on Herman Cain’s policy focus on tax reform and gold-linked money.
At NRO, Larry Kudlow advocates for a golden King Dollar.
On The Kudlow Report, Stephen Moore debates the President’s tax proposal:
In The WSJ, Art Laffer highlights tax cutting in the states.
At The American, James Pethokoukis critiques the President’s budget proposal.
From Forbes, Steve Forbes bashes Ben Bernanke’s intrusions in the market.
On RCM, Dan Mitchell reports US pressure on Switzerland’s tax haven status.
At The WSJ, Paul Gigot discusses Mitt Romney’s CPAC straw poll victory.
From Forbes, John Tamny rebuts demographic doomsayers.
Wednesday, December 7, 2011
Wednesday items: The Wash Post reports the President's assault on SSE; Ferrara responds; Pethokoukis on inequality.
The Washington Post reports the President claiming supply-side economics has never worked.
In The American Spectator, Peter Ferrara says the President is pitting the takers against the makers.
At Forbes, Bill Frezza rebuts Robert Reich.
On The Kudlow Report, a panel discusses the Gingrich vs. Romney race:
At The American, Alex Brill explains that the payroll tax holiday is bad policy.
The WSJ notes the tax increase support from Governors Cuomo and Brown.
From The American, Bret Swanson argues the FCC restrictions of the AT&T-Mobile wireless merger will damage jobs and innovation.
The WSJ notes possible changes in the Basel III rules.
On Kudlow, James Pethokoukis discusses income inequality:
At Forbes, Brian Domitrovic chides the press for its coverage of Herman Cain.
In The American Spectator, Peter Ferrara says the President is pitting the takers against the makers.
At Forbes, Bill Frezza rebuts Robert Reich.
On The Kudlow Report, a panel discusses the Gingrich vs. Romney race:
At The American, Alex Brill explains that the payroll tax holiday is bad policy.
The WSJ notes the tax increase support from Governors Cuomo and Brown.
From The American, Bret Swanson argues the FCC restrictions of the AT&T-Mobile wireless merger will damage jobs and innovation.
The WSJ notes possible changes in the Basel III rules.
On Kudlow, James Pethokoukis discusses income inequality:
At Forbes, Brian Domitrovic chides the press for its coverage of Herman Cain.
Monday, December 5, 2011
Monday update: Chapman on Europe; Pethokoukis on Huntsman; Brenner on corporate taxes.
India’s Free Press argues gold-backed currency is best for the common person (h/t: Ralph Benko).
From Alhambra Partners, John Chapman analyzes Europe’s economy using Ludwig von Mises.
At The American, James Pethokoukis gives Jon Huntsman another look.
On The Kudlow Report, Sen. Bob Corker (TN) debates the payroll tax cut versus permanent tax increases:
On Forbes, Reuven Brenner explains the impact of corporate taxes on business decisions.
In The NY Sun, Ira Stoll assesses Newt Gingrich’s candidacy.
At The American, Mark Perry suggests China’s currency exchange rate amounts to a subsidy of US consumers.
In The WSJ, Stephen Moore examines Herman Cain’s campaign and future prospects.
At The WSJ, business executives discuss the impact of regulation:
At Forbes, John Tamny reviews Judge Andrew Napolitano’s new book.
From The American Family Association, Tamny discusses Europe and the ongoing currency crisis.
From Alhambra Partners, John Chapman analyzes Europe’s economy using Ludwig von Mises.
At The American, James Pethokoukis gives Jon Huntsman another look.
On The Kudlow Report, Sen. Bob Corker (TN) debates the payroll tax cut versus permanent tax increases:
On Forbes, Reuven Brenner explains the impact of corporate taxes on business decisions.
In The NY Sun, Ira Stoll assesses Newt Gingrich’s candidacy.
At The American, Mark Perry suggests China’s currency exchange rate amounts to a subsidy of US consumers.
In The WSJ, Stephen Moore examines Herman Cain’s campaign and future prospects.
At The WSJ, business executives discuss the impact of regulation:
At Forbes, John Tamny reviews Judge Andrew Napolitano’s new book.
From The American Family Association, Tamny discusses Europe and the ongoing currency crisis.
Tuesday, November 1, 2011
Tuesday round up: Benko on gold; Kadlec on oil; Laffer on Keynesian prescriptions.
From Forbes, Ralph Benko notes a new survey showing substantial support for returning to a gold-linked dollar.
Also, in Forbes, Charles Kadlec explains the link between the high oil price and the weak dollar.
At The American Interest, Peter Hartcher argues the weak dollar hurts the economy.
On The Kudlow Report, Art Laffer counters Keynesian arguments:
From Alhambra Partners, Joe Calhoun worries inflation may rise in coming months.
At The American, James Pethokoukis reports on Herman Cain’s speech defending his 9-9-9 plan.
In Business Week, National Review’s Ramesh Ponnuru critiques the Perry flat tax.
On Kudlow, David Malpass discusses the Greek debt referendum:
At The WSJ, Stanford’s John B. Taylor explains the US can’t lead without a strong economy.
Also, in Forbes, Charles Kadlec explains the link between the high oil price and the weak dollar.
At The American Interest, Peter Hartcher argues the weak dollar hurts the economy.
On The Kudlow Report, Art Laffer counters Keynesian arguments:
From Alhambra Partners, Joe Calhoun worries inflation may rise in coming months.
At The American, James Pethokoukis reports on Herman Cain’s speech defending his 9-9-9 plan.
In Business Week, National Review’s Ramesh Ponnuru critiques the Perry flat tax.
On Kudlow, David Malpass discusses the Greek debt referendum:
At The WSJ, Stanford’s John B. Taylor explains the US can’t lead without a strong economy.
Monday, October 31, 2011
Monday items: Tamny on tax reform; Lipsky sees the dollar emerging as a campaign issue; Pethokoukis on income inequality.
From Forbes, John Tamny advocates a consumption tax.
In The NY Sun, Seth Lipsky says the dollar is emerging as a campaign issue.
At The American, James Pethokoukis responds to attacks on his income inequality analysis.
On The Kudlow Report, Pethokoukis discusses Herman Cain’s handling of sexual harassment allegations:
On NRO, Larry Kudlow opposes QE3.
At Asia Times, David Goldman argues the investor strike is over.
From International Liberty, Dan Mitchell refutes the IMF’s call for higher taxes in El Salvador.
At TGSN, Kelly Hanson recounts Jacques Rueff’s analysis of the dollar’s reserve currency curse.
Comedian Tim Slagle uses Halloween to explain taxes (h/t: David Henderson):
In The WSJ, The Business Roundtable’s Jim McNerney argues for pro-business policies.
At The NYT, Christina Romer suggests Ben Bernanke adopt an employment target at the Fed.
In The NY Sun, Seth Lipsky says the dollar is emerging as a campaign issue.
At The American, James Pethokoukis responds to attacks on his income inequality analysis.
On The Kudlow Report, Pethokoukis discusses Herman Cain’s handling of sexual harassment allegations:
On NRO, Larry Kudlow opposes QE3.
At Asia Times, David Goldman argues the investor strike is over.
From International Liberty, Dan Mitchell refutes the IMF’s call for higher taxes in El Salvador.
At TGSN, Kelly Hanson recounts Jacques Rueff’s analysis of the dollar’s reserve currency curse.
Comedian Tim Slagle uses Halloween to explain taxes (h/t: David Henderson):
In The WSJ, The Business Roundtable’s Jim McNerney argues for pro-business policies.
At The NYT, Christina Romer suggests Ben Bernanke adopt an employment target at the Fed.
BWR on the Cain and Gingrich surge.
Reprinted courtesy of Bretton Woods Research:
Cain & Gingrich: Megaliths of the Tea Party Movement?
Oct 26 2011
By Slate...
[The front-runner status of businessman Herman Cain and the steadily climbing poll numbers for Newt Gingrich -- who was left for dead by the media in July -- have defied conventional wisdom for how one tries to win the early battles in the GOP presidential nomination. At least that`s the story when speaking to seasoned political strategists such as Rick Perry`s campaign manager Dave Carney (who left Gingrich back in June when his campaigners bolted en masse) and former Gingrich strategist Rich Galen.
Now, without much organization on the ground or at the local level in early contest states, Cain and Gingrich are enjoying a tailwind according to recent polls. Slate columnist Dave Weigel thinks what`s at work is the influence of the Tea Party and the narrow-casted media profiles of Cain & Gingrich who have spent more than a few years honing palatable messages specifically geared toward attracting conservative, Tea Party support.
We think that it`s much more than that. The rise of Cain and to a lesser extent Gingrich -- both of whom have agreed to a Lincoln-Douglas style debate on November 5 -- are due to their pro-growth ideas. Cain`s 999 plan has clearly struck a chord within the GOP, where he still enjoys the first-mover advantage in the contest for the pro-growth mantle. In fact, the August 18 unveiling of 999 is what caused him to virtually leapfrog the photogenic, but hapless debater Perry, who has recently come out with Steve Forbes` flat tax platform 3.0 (a 20% rate with voluntary opt-ins and deductions). Gingrich, a supply-sider who has clearly absorbed the lessons of his government shut down during the Clinton era, is clearly capable, as seen in the debates so far, of thinking on his feet and advancing sound ideas. He has also produced his own flat tax platform.
Given how the Tea Party has mobilized itself into a formidable bloc within the GOP, efforts to win their support and enthusiasm can count for a lot. Hence, the flat tax ideas we`re seeing blossom from the right are likely to survive the winter. Of course, for Mitt Romney, who`s been stuck at about 25% of the GOP vote for the past two years, this must be alarming. His economic plan -- all 59 points of it -- remains thin gruel for these hard economic times. If he wants to win, and he does, he may have to become more of a convincing fiscal supply-sider or conventional dogmas will be upended and establishment pecking orders will be overturned. BWR]
Newt's Not Here, Man
Cain & Gingrich: Megaliths of the Tea Party Movement?
Oct 26 2011
By Slate...
[The front-runner status of businessman Herman Cain and the steadily climbing poll numbers for Newt Gingrich -- who was left for dead by the media in July -- have defied conventional wisdom for how one tries to win the early battles in the GOP presidential nomination. At least that`s the story when speaking to seasoned political strategists such as Rick Perry`s campaign manager Dave Carney (who left Gingrich back in June when his campaigners bolted en masse) and former Gingrich strategist Rich Galen.
Now, without much organization on the ground or at the local level in early contest states, Cain and Gingrich are enjoying a tailwind according to recent polls. Slate columnist Dave Weigel thinks what`s at work is the influence of the Tea Party and the narrow-casted media profiles of Cain & Gingrich who have spent more than a few years honing palatable messages specifically geared toward attracting conservative, Tea Party support.
We think that it`s much more than that. The rise of Cain and to a lesser extent Gingrich -- both of whom have agreed to a Lincoln-Douglas style debate on November 5 -- are due to their pro-growth ideas. Cain`s 999 plan has clearly struck a chord within the GOP, where he still enjoys the first-mover advantage in the contest for the pro-growth mantle. In fact, the August 18 unveiling of 999 is what caused him to virtually leapfrog the photogenic, but hapless debater Perry, who has recently come out with Steve Forbes` flat tax platform 3.0 (a 20% rate with voluntary opt-ins and deductions). Gingrich, a supply-sider who has clearly absorbed the lessons of his government shut down during the Clinton era, is clearly capable, as seen in the debates so far, of thinking on his feet and advancing sound ideas. He has also produced his own flat tax platform.
Given how the Tea Party has mobilized itself into a formidable bloc within the GOP, efforts to win their support and enthusiasm can count for a lot. Hence, the flat tax ideas we`re seeing blossom from the right are likely to survive the winter. Of course, for Mitt Romney, who`s been stuck at about 25% of the GOP vote for the past two years, this must be alarming. His economic plan -- all 59 points of it -- remains thin gruel for these hard economic times. If he wants to win, and he does, he may have to become more of a convincing fiscal supply-sider or conventional dogmas will be upended and establishment pecking orders will be overturned. BWR]
Newt's Not Here, Man
Thursday, October 27, 2011
Thursday items: Sirico on the Vatican's economic statement; Woodhil and Moore on competing tax proposals; O'Grady and Epstein on inequality.
From The WSJ, Fr. Robert Sirico explains the Vatican’s recent linking of the current economic crisis to Bretton Woods’ breakdown.
At Forbes, Louis Woodhill compares the tax plans of Cain, Perry and Romney.
In The WSJ, Stephen Moore wonders if Gov. Romney will introduce his own tax reform plan.
On The WSJ, Mary Anastasia O’Grady rebuts wealth inequality arguments:
From Alhambra Partners, John L. Chapman highlights the work of Art Laffer and the new Laffer Center.
At RCM, John Tamny exposes GDP’s flaws.
In Forbes, Rich Danker reviews Lew Lehrman’s gold standard transition plan.
On NRO, Larry Kudlow analyzes the European debt deal.
The WSJ worries about the World Bank’s new “Doing Business” report:
From Bloomberg, Amity Shlaes argues a capital gains tax cut would spur jobs.
Steve Forbes suggests Occupy Wall Street focus its anger on the Fed.
At Forbes, Louis Woodhill compares the tax plans of Cain, Perry and Romney.
In The WSJ, Stephen Moore wonders if Gov. Romney will introduce his own tax reform plan.
On The WSJ, Mary Anastasia O’Grady rebuts wealth inequality arguments:
From Alhambra Partners, John L. Chapman highlights the work of Art Laffer and the new Laffer Center.
At RCM, John Tamny exposes GDP’s flaws.
In Forbes, Rich Danker reviews Lew Lehrman’s gold standard transition plan.
On NRO, Larry Kudlow analyzes the European debt deal.
The WSJ worries about the World Bank’s new “Doing Business” report:
In 2007, the U.S. ranked third in the "ease of starting a business" category. This year it ranks 13th. On the "paying taxes" front we've dropped to 72nd place from 63rd. The cost of starting a business, measured as a percentage of per capita income, has doubled to 1.4% from 0.7% in 2007. On "ease of registering property" the U.S. has dropped to 16th from tenth. In the "trading across borders" category, we've dropped nine spots to 20th. In 2007, the "cost to import," as measured in dollars per container, was $625. Today it's more than doubled to $1,315.PBS features Richard Epstein discussing inequality, tax rates, and transfer payments (h/t: Randy Barnett):
From Bloomberg, Amity Shlaes argues a capital gains tax cut would spur jobs.
Steve Forbes suggests Occupy Wall Street focus its anger on the Fed.
Wednesday, October 26, 2011
Tuesday round up: Domitrovic on the Depression's growth spurt; Perry rolls out his plan; Rahn calls for privatized money.
From Forbes, Brian Domitrovic counters the claim that 1933-37 were America’s strongest growth years.
KosmosOnline interviews Domitrovic on his book, Econclasts: The Rebels Who Sparked the Supply-Side Revolution and Restored American Prosperity.
In The WSJ, Rick Perry (TX) introduces his flat tax proposal.
On Fox, Steve Forbes endorses Perry’s proposal:
In The WSJ, Joseph Sternberg warns of China’s coming bank defaults.
From The Washington Times, Richard Rahn advocates privatizing money.
At The American, James Pethokoukis pans the President’s housing plan.
From First Trust, Brian Wesbury argues consumer spending is not the problem.
On The Kudlow Report, a panel debates Perry’s flat tax versus Cain’s 9-9-9 plan:
At Politico, Progressive Robert Borosage suggests the Cain and Perry plans will raise taxes on the poor.
In The NYT, Bruce Bartlett claims Republican interest in tax reform is cover for a tax cutting agenda.
KosmosOnline interviews Domitrovic on his book, Econclasts: The Rebels Who Sparked the Supply-Side Revolution and Restored American Prosperity.
In The WSJ, Rick Perry (TX) introduces his flat tax proposal.
On Fox, Steve Forbes endorses Perry’s proposal:
In The WSJ, Joseph Sternberg warns of China’s coming bank defaults.
From The Washington Times, Richard Rahn advocates privatizing money.
At The American, James Pethokoukis pans the President’s housing plan.
From First Trust, Brian Wesbury argues consumer spending is not the problem.
On The Kudlow Report, a panel debates Perry’s flat tax versus Cain’s 9-9-9 plan:
At Politico, Progressive Robert Borosage suggests the Cain and Perry plans will raise taxes on the poor.
In The NYT, Bruce Bartlett claims Republican interest in tax reform is cover for a tax cutting agenda.
Thursday, October 20, 2011
Thursday update: Domitrovic on Reagan's unfinished business; Ron Paul says the Fed caused the financial crisis; Forbes, Pethokoukis on Perry's flat tax.
From Forbes, Brian Domitrovic explains that monetary reform is President Reagan’s crucial unfinished business.
In The WSJ, US Rep Ron Paul (TX) blames the Federal Reserve for the financial crisis.
The WSJ reports Rick Perry’s flat tax garners support from Steve Forbes.
The Washington Post forecasts the coming tax battle between Perry and Romney.
On The Kudlow Report, Jimmy P debates Perry’s flat tax proposal:
From NRO, Larry Kudlow notes somewhat improved economic data from last month.
At Forbes, Jerry Bowyer critiques Herman Cain’s 9-9-9 plan.
Dick Morris supports the 9-9-9 plan.
IBD rebuts Paul Krugman and Jared Bernstein’s Keynesian advocacy.
On NRO, Michael Barone suggests bipartisan support to allow more visas for a high-skilled immigrants.
At International Liberty, Dan Mitchell notes a recent video likening President Obama to President Carter:
The liberal Think Progress proves that there’s no point in trying to appease tax hikers with targeted middle class tax cuts.
Factcheck.org disputes the President’s jobs numbers (h/t: Speaker Boehner’s office).
Future of Capitalism notes a new book that praises Michael Milken.
In The WSJ, US Rep Ron Paul (TX) blames the Federal Reserve for the financial crisis.
The WSJ reports Rick Perry’s flat tax garners support from Steve Forbes.
The Washington Post forecasts the coming tax battle between Perry and Romney.
On The Kudlow Report, Jimmy P debates Perry’s flat tax proposal:
From NRO, Larry Kudlow notes somewhat improved economic data from last month.
At Forbes, Jerry Bowyer critiques Herman Cain’s 9-9-9 plan.
Dick Morris supports the 9-9-9 plan.
IBD rebuts Paul Krugman and Jared Bernstein’s Keynesian advocacy.
On NRO, Michael Barone suggests bipartisan support to allow more visas for a high-skilled immigrants.
At International Liberty, Dan Mitchell notes a recent video likening President Obama to President Carter:
The liberal Think Progress proves that there’s no point in trying to appease tax hikers with targeted middle class tax cuts.
Factcheck.org disputes the President’s jobs numbers (h/t: Speaker Boehner’s office).
Future of Capitalism notes a new book that praises Michael Milken.
Wednesday, October 19, 2011
Wednesday summary: Laffer and Ponnuru on Cain's tax plan; Lauder and The NY Sun stress the benefits of immigration; Huntsman on TBTF.
In The WSJ, Art Laffer supports Herman Cain’s 9-9-9 plan.
At Bloomberg, National Review’s Ramesh Ponnuru critiques Cain’s plan.
The NY Sun chides the GOP candidates for sounding hostile to immigration.
In The WSJ, Leonard Lauder argues that immigration is pro-growth, noting that more than 40% of Fortune 500 companies were founded by immigrants or their children.
On The Kudlow Report, a panel discusses last night’s GOP debate:
In The WSJ, Jon Huntsman opposes too-big-to-fail banks.
IBD rebuts the inequality myth.
At Forbes, Bill Frezza laments the state of macroeconomics.
From RCM, Brian Wesbury sees positive Q3 growth.
On Kudlow, Sen. Pat Toomey (PA) discusses proposals for real growth:
In The NYT, Bruce Bartlett analyzes prospects of tax reform.
At COAL, Paul Krugman highlights The Tax Policy Center’s analysis of the 9-9-9 plan.
At Bloomberg, National Review’s Ramesh Ponnuru critiques Cain’s plan.
The NY Sun chides the GOP candidates for sounding hostile to immigration.
In The WSJ, Leonard Lauder argues that immigration is pro-growth, noting that more than 40% of Fortune 500 companies were founded by immigrants or their children.
On The Kudlow Report, a panel discusses last night’s GOP debate:
In The WSJ, Jon Huntsman opposes too-big-to-fail banks.
IBD rebuts the inequality myth.
At Forbes, Bill Frezza laments the state of macroeconomics.
From RCM, Brian Wesbury sees positive Q3 growth.
On Kudlow, Sen. Pat Toomey (PA) discusses proposals for real growth:
In The NYT, Bruce Bartlett analyzes prospects of tax reform.
At COAL, Paul Krugman highlights The Tax Policy Center’s analysis of the 9-9-9 plan.
Tuesday, October 18, 2011
Tuesday update: Kadlec, Gigot and Moore analyze 9-9-9; Tamny on Perry's energy proposal; Forbes on Ron Paul.
At Forbes, Charles Kadlec supports Herman Cain.
In The WSJ, Paul Gigot suggests the sales tax makes the 9-9-9 plan vulnerable.
The Hill reports Stephen Moore suggests Cain drop the sales tax part of his plan.
On The Kudlow Report, Moore discusses 9-9-9:
On RCM, John Tamny argues Gov. Rick Perry’s (TX) energy-focused economics plan disqualifies him.
At Forbes, Ralph Benko defends Grover Norquist from attacks from tax increase supporters.
In The Washington Times, Richard Rahn explains that class warfare will backfire.
On Kudlow, Steve Forbes debates US Rep. Ron Paul’s (TX) economic plan:
Iowapolitics.com reports on the growing popularity of the gold standard among Republican candidates.
From Alhambra Investments, Joe Calhoun suggests the economy isn’t likely to improve much.
USA Today reports that Americans blame Washington more than Wall Street for the poor economy.
In The WSJ, Paul Gigot suggests the sales tax makes the 9-9-9 plan vulnerable.
The Hill reports Stephen Moore suggests Cain drop the sales tax part of his plan.
On The Kudlow Report, Moore discusses 9-9-9:
On RCM, John Tamny argues Gov. Rick Perry’s (TX) energy-focused economics plan disqualifies him.
At Forbes, Ralph Benko defends Grover Norquist from attacks from tax increase supporters.
In The Washington Times, Richard Rahn explains that class warfare will backfire.
On Kudlow, Steve Forbes debates US Rep. Ron Paul’s (TX) economic plan:
Iowapolitics.com reports on the growing popularity of the gold standard among Republican candidates.
From Alhambra Investments, Joe Calhoun suggests the economy isn’t likely to improve much.
USA Today reports that Americans blame Washington more than Wall Street for the poor economy.
Monday, October 17, 2011
Monday items: Kudlow, Norquist, and The Chicago Tribune analyze Cain's plan; Tamny and Shlaes on Jobs; Forbes debates Krugman.
From NRO, Larry Kudlow defends Herman Cain’s 9-9-9 tax proposal.
ABC News reports anti-tax advocate Grove Norquist calling the Cain plan dangerous.
The Chicago Tribune critiques Cain’s plan.
On The Kudlow Report, David Goldman discusses the European debt crisis:
On Forbes, John Tamny applauds Steve Jobs’ life and career.
In The WSJ, Amity Shlaes suggests Jobs success was enabled by good fiscal policy.
On IBD, John Merline notes the current austerity means a 5% increase in the federal budget.
The Daily Caller features Steve Forbes and Paul Krugman debating on Fareed Zakaria GPS.
Heritage’s Insider Online blog rebuts China currency bashers.
ABC News reports anti-tax advocate Grove Norquist calling the Cain plan dangerous.
The Chicago Tribune critiques Cain’s plan.
On The Kudlow Report, David Goldman discusses the European debt crisis:
On Forbes, John Tamny applauds Steve Jobs’ life and career.
In The WSJ, Amity Shlaes suggests Jobs success was enabled by good fiscal policy.
On IBD, John Merline notes the current austerity means a 5% increase in the federal budget.
The Daily Caller features Steve Forbes and Paul Krugman debating on Fareed Zakaria GPS.
Heritage’s Insider Online blog rebuts China currency bashers.
Friday, October 14, 2011
Thursday items: Woodhill says paying interest on reserves is the root of the problem; Bloomberg forecasts the euro falling to $1.20; Cain's tax advisor cites Laffer and Wanniski.
From Forbes, Louis Woodhill makes a compelling case that the Fed paying interest on reserves has killed M1 velocity and the monetary multiplier, neutralizing the effect of quantitative easing.
Bloomberg reports a technical analysis predicting the euro to fall to $1.20 in the next three months, per Robert Mundell’s prediction.
Human Events notes Art Laffer endorsing Herman Cain’s 9-9-9 tax plan.
On Fox News, Laffer discusses the plan:
From reader S. Rao:
Politico reports on Gary Robbins’ analysis of Cain’s plan.
CNBC describes Gov. Rick Perry’s energy production plan.
On NRO, Kevin Williamson slams Warren Buffett’s tax analysis.
At Politico, Josh Boak reports on last week’s Heritage conference on a stable dollar.
Caffeinated Thoughts suggests Newt Gingrich favors gold-linked money.
The Economist’s Buttonwood wonders at low bond yields despite depreciating currencies (h/t: TGSN).
From the Council on Foreign Relations, Ben Steill explains the Marshall Plan’s role in fostering European economic liberalization.
Bloomberg reports a technical analysis predicting the euro to fall to $1.20 in the next three months, per Robert Mundell’s prediction.
Human Events notes Art Laffer endorsing Herman Cain’s 9-9-9 tax plan.
On Fox News, Laffer discusses the plan:
From reader S. Rao:
1. The New York Times profiles Cain's sole economic advisor and notes that he looked to Wanniski in devising 9-9-9.
"Mr. Lowrie said he had been inspired by two well-known proponents of supply-side thinking: Arthur Laffer, often considered the father of the concept that lower tax rates help pay for themselves by generating additional economic growth, and Jude Wanniski, who promoted the idea among politicians."
2. During Tuesday's debate, Cain again repeated the Wanniski wedge-model for the capital gains tax:
"But also, get rid of the capital gains tax. That's a big wall between people with ideas and people with money."
Politico reports on Gary Robbins’ analysis of Cain’s plan.
CNBC describes Gov. Rick Perry’s energy production plan.
On NRO, Kevin Williamson slams Warren Buffett’s tax analysis.
At Politico, Josh Boak reports on last week’s Heritage conference on a stable dollar.
Caffeinated Thoughts suggests Newt Gingrich favors gold-linked money.
The Economist’s Buttonwood wonders at low bond yields despite depreciating currencies (h/t: TGSN).
From the Council on Foreign Relations, Ben Steill explains the Marshall Plan’s role in fostering European economic liberalization.
Wednesday, October 12, 2011
Wednesday round up: Danker and The Economist on China; Lehrman on transitioning to gold; The NY Sun says Paul won the debate.
From Forbes, Rich Danker explains the Chinese trade deficit is more a function of the dollar’s reserve status than currency manipulation.
The Economist notes that as China’s currency has risen, so has its trade deficit.
At The Washington Examiner, Lew Lehrman summarizes the steps to get to a gold standard.
On The Kudlow Report, a panel discusses Herman Cain’s rise in the polls:
The NY Sun argues US Rep. Ron Paul (TX) won last night’s debate due to his monetary answers.
At a press conference, Cain doesn’t sound like a monetary reformer:
Politico features an analysis of Cain’s tax plan by supply-sider Gary Robbins, who predicts it would stimulate strong growth (h/t: Bretton Woods Research).
At First Trust, Brian Wesbury and Robert Stein see reason for economic optimism.
The WSJ quotes from Larry Lindsey’s The Growth Experiment (1990):
At Slate, William Saletan notes Mitt Romney’s liberal answers in last night’s debate.
The WSJ suggests the latest economics Nobel Prize was for supply-side economics:
The Atlas Sound Money Project reports on last week’s Heritage conference on a stable dollar.
At COAL, Paul Krugman argues Keynesianism has been validated by the current crisis.
The Economist notes that as China’s currency has risen, so has its trade deficit.
At The Washington Examiner, Lew Lehrman summarizes the steps to get to a gold standard.
On The Kudlow Report, a panel discusses Herman Cain’s rise in the polls:
The NY Sun argues US Rep. Ron Paul (TX) won last night’s debate due to his monetary answers.
At a press conference, Cain doesn’t sound like a monetary reformer:
“Representative Paul wrote a book called ‘End the Fed.’ I believe we can fix the Fed,” Cain said. “Because when I ask the Ron Paul people, ‘what would you replace it with?’ they don’t have an answer.”On International Liberty, Dan Mitchell scrutinizes Cain’s 9-9-9 tax plan.
Cain said he is falsely accused of opposing an audit of the central bank.
“As far as auditing the Fed, in the vernacular of my grandfather, I does not care,” he said, quickly slipping into the third person. “But what Herman Cain has said is, ‘It’s not going to be one of my top issues … If members of Congress were to get together and bring me legislation to audit the Fed, I’d sign it. But I don’t have a problem with it. Now, that being said, you don’t need the president to sign a bill to audit the Fed. Representative Paul sits on a committee that already has that authority!”
Politico features an analysis of Cain’s tax plan by supply-sider Gary Robbins, who predicts it would stimulate strong growth (h/t: Bretton Woods Research).
At First Trust, Brian Wesbury and Robert Stein see reason for economic optimism.
The WSJ quotes from Larry Lindsey’s The Growth Experiment (1990):
[The Economic Recovery Tax Act of 1981] did not pay for itself as some of the most enthusiastic supply-siders claimed it would. Personal income tax collections were lower under ERTA than they would have been had tax rates never been cut. . . . However, the reductions in very high tax brackets easily paid for themselves and produced a rather sizable increase besides. This increase helped finance a large part of the reduction in taxes from lower- and middle-class taxpayers. Though this is not what some enthusiastic supply-siders predicted during the political fight for the tax cuts, it is what basic supply-side theory would predict. . . .In The WSJ, Peter Wallison blames federal programs but not the weak dollar for the subprime mortgage mess.
Putting theory to one side for a moment, were the Reagan tax cuts a good idea? More specifically, could the country afford them? By 1985, at a revenue cost in that year of $33 billion, economic output was between 2 and 3 percent higher than it would have been without the tax cut. That extra growth stands for millions of new jobs and a higher standard of living. Moreover . . . the tax cuts had salutary effects on inflation, investment, and savings and contributed only marginally to the deficit.
By the standards of government programs this one would have to be judged a bargain.
At Slate, William Saletan notes Mitt Romney’s liberal answers in last night’s debate.
The WSJ suggests the latest economics Nobel Prize was for supply-side economics:
The Atlas Sound Money Project reports on last week’s Heritage conference on a stable dollar.
At COAL, Paul Krugman argues Keynesianism has been validated by the current crisis.
Monday, October 10, 2011
Weekend edition: Lewis and The WSJ on the euro; Kudlow on the President's populism; O'Driscoll on financial bubbles.
From Forbes, Nathan Lewis defends the euro but suggests incompetence threatens the entire enterprise.
The WSJ argues the euro is still a good idea:
At NRO, Larry Kudlow suggests the President’s populist tactics demoralize the economy.
On The Kudlow Report, James Pethokoukis discusses the President’s populist turn:
At The American Spectator, Ross Kaminsky debunks the China currency debate.
From Cato, Gerald P. O’Driscoll, Jr. links currency instability to financial bubbles.
At The Frum Forum, Noah Kristula-Green reports on last week’s Heritage sound money conference.
On The Kudlow Report, Don Luskin analyzes the economy:
In The American Spectator, Stephen Moore argues Keynesianism is dead.
At NRO, Michael Potemra notes Steve Jobs’ supply-side brilliance.
On TGSN, Ralph Benko reports gold standard support from Hippy icon Ralph Metzner.
The Sound Money Center features an interview with Charles Kadlec.
From The WSJ, Robert Frank discusses the rising zero-sum mentality concerning tax hikes:
On Asia Times, Reuven Brenner suggests demographic challenges make Greek’s future bleak.
The WSJ argues Herman Cain’s plan to add a federal sales tax on top of the income tax is bad policy.
At COAL, Paul Krugman claims commodities indicate a reflation to 2007 levels, not a major inflation.
The WSJ argues the euro is still a good idea:
The Greek crisis hasn't proved that the euro was a mistake. But the political reaction to it has placed the experiment in serious danger by abandoning the no-bailout principle and replacing it with a doctrine that sovereign default in a currency zone is unthinkable. This policy makes no more sense than saying that bankruptcy should be impossible, because no one will lend to a company if it might go bust. What's worse is that Europe's leadership has adopted this view for the sake of defending the Greek government from the consequences of its irresponsibility on spending and mendacity about its true level of deficit and debt.From Heritage, Derek Scissors explains the likely futility of exchange rate manipulation on China’s trade surplus.
At NRO, Larry Kudlow suggests the President’s populist tactics demoralize the economy.
On The Kudlow Report, James Pethokoukis discusses the President’s populist turn:
At The American Spectator, Ross Kaminsky debunks the China currency debate.
From Cato, Gerald P. O’Driscoll, Jr. links currency instability to financial bubbles.
At The Frum Forum, Noah Kristula-Green reports on last week’s Heritage sound money conference.
On The Kudlow Report, Don Luskin analyzes the economy:
In The American Spectator, Stephen Moore argues Keynesianism is dead.
At NRO, Michael Potemra notes Steve Jobs’ supply-side brilliance.
On TGSN, Ralph Benko reports gold standard support from Hippy icon Ralph Metzner.
The Sound Money Center features an interview with Charles Kadlec.
From The WSJ, Robert Frank discusses the rising zero-sum mentality concerning tax hikes:
On Asia Times, Reuven Brenner suggests demographic challenges make Greek’s future bleak.
The WSJ argues Herman Cain’s plan to add a federal sales tax on top of the income tax is bad policy.
At COAL, Paul Krugman claims commodities indicate a reflation to 2007 levels, not a major inflation.
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