On Real Clear Markets, John Tamny writes currency devaluation boosts no one.
On Real Clear Markets, John Tamny says the Fed is implying ‘you didn’t build that.’
Ralph Benko, writing in his capacity as chairman of the Capitalist League at Newsmax, expounds on capitalism’s first commandment: lower tax rates. And provides the Big Reveal that the famed Reagan supply-side tax rate cuts of the ’80s that helped to created tens of millions of great new jobs were propelled by pro-labor Republicans, Kemp and Reagan, and pro-labor Democrats, Rostenkowski, Bradley, and Gephardt. Not by rich guys seeking to privilege capital over labor.
Newsmax reports on Director Kudlow’s statement that “The economic cost to individuals is just too great. More testing is essential. We’re loading up with tests now. That will be a big help … we will have to make some difficult tradeoffs. I’m not disposed to get ahead of the story. I spoke to the president about this subject last night. We’ll look at a number of different things. Let’s give it another week.”
The Committee’s Ralph Benko, quoting the Committee’s Steve Forbes, at TheCapitalistLeague.com (which Benko chairs and Jon Decker, Managing Editor of the Supply-Side Blog, is national Youth Director): Profit is Essential For Progress.
MarketWatch reports the skyscraper index shows we are near a market top.
In the NY Post, Rand Paul explains how socialism hurts the poor.
Policy and Government
‘Tis the Season of Manifestos! The Committee’s own Ralph Benko, in his role as chairman of The Capitalist League and co-author of the forthcoming The Capitalist Manifesto, has some tart observations about the recently published Fully Automated Luxury Communism: A Manifesto and, now, The Socialist Manifesto: The Case for Radical Politics in an Era of Extreme Inequality.
At Townhall, Dan Mitchell says the New York Times is being disingenuous.
At Hacker Noon, the Committee’s Stephen Moore and Ralph Benko together with Everipedia CEO and co-founder Sam Kazemian explain three fatal design flaws of Facebook’s Libra and the…