The WSJ expresses cautious optimism about the Gang of Six budget and tax reform deal; in The Washington Post, former G.W. Bush speech writer Marc Thiessen argues the proposal is a $3 trillion tax increase.
At Bloomberg, Richard Rubin analyzes the likely capital gains tax increase in the Gang of Six debt proposal (h/t: Vlad Signorreli).
In The WSJ, John Taylor suggests the growth consensus of the 1980s and ‘90s has been abandoned.
On Fox Business News, Steve Forbes explains how to return to the gold standard:
At Asia Times, David Goldman argues the small business start-up economy is dead, while large companies with global reach continue to grow.
From TGSN, Ralph Benko cites Jude Wanniski on what a currency should do.
At his blog, former FDIC Chairman William Isaac argues mark to market accounting rules played a major role in the 2008-09 recession and financial crisis. According to Bretton Woods Research, “We continue to believe that the MTM [congressional] hearings proved the turning point for financial markets back in March 2009.”
On The Kudlow Report, Don Luskin sounds bullish on the economy:
In The NYT, Ohio University Professor Alonzo L. Hamby provides a good economic history of the US.
At Pajamas Media, Ed Driscoll claims Hollywood doesn’t understand inflation.
Showing posts with label Gang of Six. Show all posts
Showing posts with label Gang of Six. Show all posts
Thursday, July 21, 2011
Tuesday, July 19, 2011
Tuesday items: Kadlec says gold will restore confidence; The LAT reports a possible debt and tax reform deal; Kudlow, Lowry and The WSJ oppose the Balanced Budget Amendment.
From Forbes, Charles Kadlec argues the gold standard is vital to restoring economic confidence.
The LA Times reports the Senate’s Gang of Six proposal to cut spending, eliminate tax expenditures, and reduce tax rates. One major problem: it would raise the capital gains tax from 15% to 20%.
On RCM, John Tamny reviews Peter Ferrara’s America’s Ticking Bankruptcy Bomb.
On The Kudlow Report, Larry Kudlow notes supply-siders’ objections to the Balanced Budget Amendment:
The WSJ editorializes against the Balanced Budget Amendment; NRO editor Rich Lowry also opposes it.
At The Washington Times, Richard Rahn argues regulation is stifling innovation.
IBD features Thomas Sowell’s Senate testimony on taxes.
On Hardball, Chris Matthews loses his cool over Grover Norquist’s refusal to accept tax hikes:
Canada’s Business News Network features an interesting debate with John Mueller and Professor Robert Barsky on the gold standard.
At The Washington Post, Ezra Klein defends Keynesianism.
In The New Yorker, George Packer highlights the problem of cutting social programs during high unemployment:
The LA Times reports the Senate’s Gang of Six proposal to cut spending, eliminate tax expenditures, and reduce tax rates. One major problem: it would raise the capital gains tax from 15% to 20%.
On RCM, John Tamny reviews Peter Ferrara’s America’s Ticking Bankruptcy Bomb.
On The Kudlow Report, Larry Kudlow notes supply-siders’ objections to the Balanced Budget Amendment:
The WSJ editorializes against the Balanced Budget Amendment; NRO editor Rich Lowry also opposes it.
At The Washington Times, Richard Rahn argues regulation is stifling innovation.
IBD features Thomas Sowell’s Senate testimony on taxes.
On Hardball, Chris Matthews loses his cool over Grover Norquist’s refusal to accept tax hikes:
Canada’s Business News Network features an interesting debate with John Mueller and Professor Robert Barsky on the gold standard.
At The Washington Post, Ezra Klein defends Keynesianism.
In The New Yorker, George Packer highlights the problem of cutting social programs during high unemployment:
Representative Paul Ryan’s ten-year budget plan, which remains his party’s blueprint for the future, would impose a fifty-per-cent cut on programs like food stamps and Supplemental Security Income, which, as long as Danny Hartzell remains jobless, represent the Hartzells’ only income. By the last day of June, the Hartzells had twenty-nine dollars to their name.
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