Category Archives: Economics

Rep. Langworthy’s graph

Posted on June 5, 2023 by whungerford

Western New York and the Southern Tier have my unwavering commitment that I will continue to fight for fiscal sanity and government accountability in our nation’s capital.–Rep. Langworthy The president and his negotiators believe they worked out a deal that … Continue reading →

Posted in Congress, Economics, Political | Tagged , , , , , | Leave a comment

Rep. Langworthy on the debt default deal

Posted on May 29, 2023 by whungerford

The validity of the public debt of the United States, authorized by law … shall not be questioned.–Fourteenth Amendment The Fiscal Responsibility Act is a historic deal for American taxpayers that will get our country back on the path to … Continue reading →

Posted in Congress, Economics, Political, Uncategorized | Tagged , , , , | 2 Comments

China leads the world in battery technology

Posted on May 19, 2023 by whungerford

Nothing has ever been achieved by the person who says “it can’t be done. — Eleanor Roosevelt, 1960 Agnes Chang and Keith Bradsher, in a May 16, 2023 article in The New York Times, discuss battery technology. They write: Despite billions in … Continue reading →

Posted in Economics | Tagged , , , , , , | 2 Comments

Rep Langworthy on the economy

Posted on May 14, 2023 by whungerford

Certainly labor, number one concern, every employer, every sector of the economy that I’ve talked to. Keeping workers is hard. There are perhaps people that don’t really want to work, and I’m sorry, but we can’t be all things all … Continue reading →

Posted in Congress, Economics, Political | Tagged , | 4 Comments

The House operates like a 17th century pirate crew

Posted on May 10, 2023 by whungerford

Seventeenth century pirate crews were nominally democratic much like today’s House. They had norms and rules. The Captain held office at the pleasure of the crew. As in Treasure Island, the Captain could be given “the black spot,” a demand … Continue reading →

Posted in Congress, Economics, Political | Tagged , , , , , | Leave a comment

Debt Ceiling 2023

Posted on May 8, 2023 by whungerford

The possibility that the federal government will soon be unable to finance its normal operations has become very real. As I wrote in my last column, this won’t be because investors view U.S. debt as excessive; America in 2023 isn’t Greece … Continue reading →

Posted in Political, Congress, Constitution, Economics, President | Tagged , , , | Leave a comment

PSC Bipartisan Debt Ceiling Framework

Posted on April 26, 2023 by whungerford

It’s unlikely that this situation will be resolved with something resembling the deal that ended the debt ceiling crisis of 2011. Democrats have gotten somewhat tougher: They believe that President Barack Obama gave in to blackmail, and they won’t do it … Continue reading →

Posted in Congress, Economics, Political | Tagged , , , | Leave a comment

First 100 Days

Posted on April 17, 2023 by whungerford

He’s (McCarthy) performed better than I thought he would.–Rep. Andy Biggs (R-AZ) McCarthy will always have little wiggle room. He will have to walk a tightrope.–Jeffery A. Jenkins, Professor of Public Policy at USC Lisa Mascaro, writing for the Associated … Continue reading →

Posted in Congress, Economics, Political, Uncategorized | Tagged , , , , | Leave a comment

Do we crave circuses?

Posted on April 16, 2023 by whungerford

The government you elect is the government you deserve.— Thomas Jefferson Do we want no more than circuses from our government? It seems so. Why else would we elect clowns as our representatives–you know who some of them are. Why do we tolerate political … Continue reading →

Posted in Congress, Economics, Political, Taxes, Uncategorized | Tagged , , , | Leave a comment

Raise or Repeal the Debt Ceiling

Posted on April 15, 2023 by whungerford

I have no idea what will happen if, as seems all too possible, we end up defaulting on debt payments because a Republican House refuses to raise the debt ceiling. But it’s not likely to be good. Who will trust … Continue reading →

Posted in Congress, Economics, Education, Political | Tagged | Leave a comment