Category Archives: Economics

Twenty-two Republican Governors Oppose Student Loan Relief

Everyone knows someone that’s struggling post pandemic. And, you know, if we help folks in the communities so that they – reduce the chances of them going into default, everybody wins. It helps the economy.–Secretary of Education Miguel Cardona Twenty-two … Continue reading

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

Federal Income Tax Bills

I have long been an advocate for keeping more money in the pockets of individuals so they can make independent decisions about the use of their own money. I am committed to promoting an economic climate that brings about fiscal … Continue reading

Posted in Congress, Economics, Legislation, Political, Taxes | Tagged , , , , , , , | 1 Comment

Making Hay out of tragedy

As gas prices across the district soar to $4 a gallon and more, it proves yet again how completely asinine it is that we have cut off our domestic natural gas and oil supplies. Instead of bowing to the environmental … Continue reading

Posted in Congress, Economics, Environmental, Homeland Security, Hydrofracking/Gas& Oil Industry, Political, Reed's Views | Tagged , , , | 1 Comment

Some National Statistics

Nation Area (sq mi) Population GDP (USD) Canada 3.9 million 38 million 1.6 trillion China 3.7 million 1.4 billion 14 trillion Estonia 17,000 1.3 million 31 billion France 210,000 67 million 2.6 trillion Germany 138,000 83 million 9 trillion Poland … Continue reading

Posted in Economics | Tagged , , , | 2 Comments

Having it both ways

Rep. Tom Reed strongly favors the “Bipartisan Infrastructure Bill” which is now law and not the proposed “Build Back Better Act, which he describes as “reckless spending.” This may confuse people for two reasons: Both are associated with investment in … Continue reading

Posted in Congress, Economics, Legislation, Political, Reed's Views, Uncategorized | Tagged , , , | 2 Comments

Bipartisan Infrastructure Bill

Washington needs to work for the American people and that is why I have been consistent in my support for the Bipartisan Infrastructure Bill. This bill is 10 years in the making and it will be beneficial for our area … Continue reading

Posted in Economics, Reed's Views | Tagged , | Leave a comment

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

Posted in 2020, Economics, Reed's Views | Tagged | 4 Comments

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

Posted in Economics, Ethics, Trump | Tagged | 24 Comments

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

Posted in Economics, Health Care, Trump | Tagged , , , | 17 Comments

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 , , | 8 Comments