Politifact, The St. Petersburg Times’s fact-check site, finds Stephen Moore was wrong and Rachel Maddow was right about income growth during the Reagan years. (Original clip here.)
From 2007, Alan Reynolds denies that inequality has risen substantially since the 1970s.
Cato’s Dan Mitchell compares economic growth under Reagan vs. Obama.
On RCM, John Tamny points out that oil prices are set on the world market regardless of whether the U.S. buys oil from the Middle East.
At Forbes, Jerry Bowyer links Egypt’s current dollar-related upheaval to past world instability.
On The Kudlow Report, Larry Kudlow rebuts Ben Bernanke’s claims that the weak dollar hasn’t impacted grain prices in Egypt:
On The Gold Standard Now, Ralph Benko adds a third response to Paul Krugman on gold.
At The Daily Reckoning, Eric Fry blames the Federal Reserve for the dollar’s decline.
On DNA India, Robert Mundell offers a must-read overview on the dollar, euro, yuan and gold.
Another must-read comes from Asia Times, where Hossein Askari and Noureddine Krichene provide a fascinating explanation of the global currency situation. (Hat tip: Ralph Benko.)
At RCM, Larry Kudlow wonders whether the administration’s new jobs czar, GE CEO Jeffrey Immelt, can convince the president to cut corporate taxes.
On The Kudlow Report, Don Luskin discusses roadblocks facing the economy:
Echoing Mundell, at Forbes Reuven Brenner argues for reform of corporate taxes.
Business Weekreports conservative Keynesian John Taylor is the House GOP’s leading advisor on Federal Reserve policy.
Mediaite posts video of this weekend’s Real Time with Bill Maher where Stephen Moore, Rachel Maddow and David Stockman debate Reaganomics:
On Bloomberg, Caroline Baum notes the U.S. is exporting inflation to China.
At The WSJ, Stephen Green analyzes the numerous challenges facing China’s economy.
In The NY Sun, Seth Lipsky calls Sen. Joe Lieberman (CT) a Kennedy liberal, though he notes Lieberman’s lack of focus on sound money.
AEI reports on historical budget consolidations that the U.S. can emulate.
