Jul 15, 2011

Friday Reading: Bad numbers for Obama & more

Friday Funnies at Reason

  • David Bernstein responds to some controversy stirred up by his op-ed on Justice Breyer
    Volokh Conspiracy: Follow Up on Breyer Op-Ed
  • Things not looking so good for Obama's inevitable re-election
    Gallup: Obama - 39%, Generic Republican - 47%
  • Russ Roberts elaborates on Keynesianism and the post-WWII boom
    Cafe Hayek: Keynes vs. Reality - 2
  • Ezra Klein on five potential deals in the works (I know, I know.  Ezra Klein?!)
    Washington Post: Wonkbook: Five possible deals, and a slew of new warnings
  • Carmen Reinhart and Kenneth Rogoff on how public debt kills growth
    Bloomberg: Debt Endangers Growth
  • Quote of the day:
    I am in favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it's possible. The reason I am is because I believe the big problem is not taxes, the big problem is spending. The question is, "How do you hold down government spending?" Government spending now amounts to close to 40% of national income not counting indirect spending through regulation and the like. If you include that, you get up to roughly half. The real danger we face is that number will creep up and up and up. The only effective way I think to hold it down, is to hold down the amount of income the government has. The way to do that is to cut taxes.
    Milton Friedman

No comments:

Post a Comment