Category Archives: Economics

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 France 210,000 67 million 2.6 trillion Germany 138,000 83 million 9 trillion Poland 121,000 38 million 594 billion Russia … 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

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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

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 , , , | 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

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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

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