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Category Archives: Economics
Fiscal Responsibility
What the right hand gives, the left hand takes. — Attributed to Martin Luther Catch 22 — For every regulation that gives something, there is another that takes it back. Laffer Curve — the idea that in some circumstances tax cuts increase revenue. New Year’s … Continue reading
How to restart the economy?
How to restart the economy? First it has never been stopped. The measures we have adopted are intended to slow the spread of the virus, not to defeat it. We don’t have the will to adopt the more extreme measures … Continue reading
It’s up to us
I can make policy, but will the people comply? — Gov. Cuomo I’m a cheerleader — DJT The virus will decide — Dr. Fauci President Trump can’t restart the economy, that’s up to us. Retail stores won’t open if customers … Continue reading
Will stimulus work?
In an article in Politico, Joshua Zeitz discusses the question of making the stimulus work. He writes: Sweeping in its ambition, the (CARES ACT) package endeavors to infuse hundreds of thousands of small businesses, tens of millions of individuals and … Continue reading
Posted in Congress, Economics, Political, President
Tagged covid-19, Joshua Zeitz, stimulus
8 Comments
Problem Solvers release plan
We’re working hard to get immediate relief to the American people during this Coronavirus outbreak…–Rep. Tom Reed The Problem Solvers Caucus’ proposed recommendations include: Economic Response for Businesses, Employees and the Self-Employed Immediate, Direct Financial Payments to Individuals: Limited only to … Continue reading
Posted in Economics, Health Care, Reed's Views
Tagged covid-19, pandemic, Problem Solvers Caucus, virus
42 Comments
Agriculture
Liz Peek, writing in The Hill, writes: We are told that the tariff tiffs have caused a collapse in U.S. agricultural exports to China, and consequent heartbreak in our heartland. It isn’t true. What are her arguments? DOA forecasts an … Continue reading
Recession
Serious recessions may not be inevitable, more likely they have an avoidable cause. The housing crisis, the dot com bubble, and the current trade war are examples. Annie Lowrey, in an informative article in The Atlantic, writes: The Next Recession … Continue reading
Export Import Bank 2019
The Export-Import Bank of the United States (Ex-Im Bank) is the official export credit agency of the United States. Ex-Im Bank’s mission is to assist in financing the export of U.S. goods and services to international markets. The Export-Import Bank … Continue reading
Posted in Economics, Trump
Tagged Export Import Bank, George Will, socialism, Z. Warmbrodt
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John Stossel’s social darwinism
This country has nothing to fear from the crooked man who fails. We put him in jail. It is the crooked man who succeeds who is a threat to this country.–TR John Stossel’s column “A lie, a myth and a … Continue reading
Posted in Economics, Uncategorized
Tagged Carol Roth, income inequality, John Stossel, Social Darwinism
7 Comments
Does election make one wise?
History has tried hard to teach us that we can’t have good government under politicians. Now, to go and stick one at the very head of the government couldn’t be wise. — Mark Twain, New York Herald, 26 August 1876 Does … Continue reading
Posted in Economics, Political, Reed's Views, trade, Trump
3 Comments