Jared Bernstein, formerly chief economist to VP Biden, argues in The Washington Post that GDP growth remains on trend at 2%, not 3%+.
Monetary
In The Hill, Sean Rushton argues that ECB President Mario Draghi deserves great credit for restoring Eurozone growth and inflation to a more healthy level. Now, the euro-dollar exchange rate is in something of a sweet spot, with both sides basically content. Why not stabilize the exchange rate now?
Fed Chair Race:
[Kevin] Warsh is a former member of the Fed’s board of governors. Other people Trump is said to be considering for Fed chair include the current chairwoman, Janet Yellen, Stanford economist John Taylor, former BB&T Corp. CEO John Allison and Columbia University economist Glenn Hubbard. Trump has said he’s also considering White House National Economic Council Director Gary Cohn.
Tax
Arthur Laffer: Here’s how tax cuts will transform the U.S. economy.
Arthur Laffer: Trump tax cuts will make everyone a millionaire.
At National Review, Larry Kudlow discusses Trump’s incentive-packed tax plan.
From Investor’s Business Daily, Stephen Moore says tax cuts will bring prosperity to tobacco row.
In the Washington Times, Stephen Moore discusses Trump’s tax plan.
Senator Inhofe says it’s time for tax reform.
In the Chicago Tribune, Hal Dardick explains how a soda tax backfired.
Regulatory
From USA Today, Colin Grabow explains how the Jones Act is strangling Puerto Rico.
At Fox News, Jay Timmons and Sean McGarvey write regulatory reform means jobs.
From CNBC, Christina Wilkie reports Trump will pivot to deregulation.