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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.

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