Thursday summary: Woodhill argues for growth measures; Bernanke reverses on QE3; Malpass on the economy.

From Forbes, Louis Woodhill argues Republicans should argue for growth measures rather than spending cuts in the debt ceiling debate.

Reuters reports Fed Chairman Bernanke today backed away from QE3, leading to a dollar rise.

At NRO, Larry Kudlow supports Sen. Mitch McConnell’s (KY) debt proposal.

On The Kudlow Report, David Malpass debates the best path to strong growth:




At NRO, Michael Franc suggests the public doesn’t support higher taxes on the wealthy.

From Bloomberg, John Taylor argues the tax hike of 1991 didn’t cut the deficit but did cost George H.W. Bush a second term.

In US News, Robert Schlesinger notes the tax hikes of 1982 didn’t derail the economy.

On TGSN, Lew Lehrman explains how inflation affects people’s retirement plans:




From 1982, Jude Wanniski testifies against a balanced budget amendment.

At the progressive Talking Points Memo, Brian Beutler reports a CBO study showing the deficit disappears if the Bush tax cuts lapse along with modest spending restraint.

Wednesday items: Domitrovic on democratic money; Bernanke hints at QE3; Ron Paul on gold and competing currencies.

From Forbes, Brian Domitrovic argues for democratizing monetary policy.

Reuters reports gold hitting a new record today in response to Fed Chairman Ben Bernanke’s hints about a possible QE3.

On The Kudlow Report, US Rep. Ron Paul (TX) discusses Bernanke’s comment that gold is not money:




From First Trust, Brian Wesbury suggests government spending is hurting jobs.

On New York’s WOR radio, Steve Forbes blames the weak dollar for the hero.

From 2009, South Park explains the Treasury’s bailout decisions:

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A paper from the progressive Center for American Progress examines US tax rates.

From Brookings, Henry Aaron argues Republican tax reform ideas will “starve the beast.”

On his blog, Robert Reich suggests Sen. Mitch McConnell’s (KY) debt ceiling compromise – no tax hikes, no major spending cuts – will prevail.

Wednesday articles.

In The WSJ, Harvard's Alberto Alesina argues tax cuts are more stimulative than spending stimulus.

At RCM, Louis Woodhill offers his own interesting curve to supplement Art Laffer's.

At Opinion Journal, James Taranto discusses the GOP House Leader's mixed message on tax increases for the wealthy.

In The Washington Post, Rep. Boehner clarifies that he will fight to keep all tax rates low.

The WSJ editorializes on Democratic opposition to raising tax rates on the rich.

On The Kudlow Report, Reagan advisor John Rutledge analyzes the stock market.

From AEI, Alan Viard supports President Bush's high-end tax rate reductions.

On CNBC's excellent new NetNet blog (hosted by high school pal John Carney), LoriAnn LaRocco interviews Steve Forbes.

At The New American, Alex Newman offers a comprehensive overview of the rising consensus for a world currency, quoting Robert Mundell. Although Newman clearly opposes such a move, it is inevitable if the dollar continues to be unstable.

Also on Kudlow, Larry highlights Sen. McConnell's call for a tax rate freeze.

Tuesday round up.

At The Washington Times, I advise the GOP to embrace a sound money message.

In his column, Larry Kudlow suggests Sen. McConnell (KT) is right to draw a line in the sand over taxes.

On The Kudlow Report, Sen. Jim DeMint (SC) discusses the cost of extending the Bush tax cuts.

On RCM, John Tamny reviews a new biography of Jacques Rueff.

Richard Rahn reports on a recent event honoring Margaret Thatcher.

On cnbc.com, Alan Reynolds argues high-frequency trading is encouraged by the Fed.

Also on Kudlow, Brian Wesbury analyzes the bond market.

Reuters reports Japan is intervening in forex markets to keep the yuan from rising.

On NPR’s Diane Rehm Show, Stephen Moore discusses Tea Party politics.

At The Las Vegas Review-Journal, Thomas Mitchell reiterates the argument that tax cuts can enhance revenue.

At Bloomberg, Caroline Baum criticizes government for continuing the policies that created the bubble.