Keynesian Democrats caught lying about tax reform:
A good tax reform read at Forbes.com, not specific to supply-side by any mention, but myth-busting is important too:
From Speaker Ryan’s Instagram account…a great t-shirt:
Mark Skousen has a good look at the economy on his website:
Skousen adds, “Gross Output and GDP are complementary aspects of the economy, but GO does a better job of measuring total economic activity and the business cycle, and demonstrates that business spending is more significant than consumer spending,” he says. “By using GO data, we see that consumer spending is actually only about a third of economic activity, not two-thirds that is often reported by the media. As the chart above demonstrates, business spending is in fact almost twice the size of consumer spending in the US economy.”
Judy Shelton was a guest on the Gold Newsletter Podcast, covering many topical questions. Here is a preview of the interview, and you can listen to the podcast here:
Judy Shelton in today’s WSJ is very good. Lots of tax reform talk in other places as well (see links below Shelton editorial).
The Fed doesn’t need a ‘hawk’ or a ‘dove,’ but someone to hammer away for the dollar’s integrity.