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    Home political economy

    political economy

    Letter to the Editor: Langworthy undermines essential programs
    Articles, Commentary, Leters to the Editor
    Letter to the Editor: Langworthy undermines essential programs
    Jun 02, 2025
    Rep. Nicholas Langworthy claims the GOP budget “eliminates waste, fraud and abuse” while protecting programs like Medicaid. But the “historic savings”...
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    {"website":"Website"}
    The ‘big, beautiful bill’ could backfire
    Articles, Commentary, Local Columnists
    The ‘big, beautiful bill’ could backfire
    NICHOLAS L. WADDY 
    May 28, 2025
    The process of crafting and passing legislation has often been compared to sausage-making, insofar as most people enjoy eating sausage, but virtually ...
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    {"website":"Website"}
    Trump should learn from Nixon’s mistake meddling with the Fed
    Articles, Commentary, Nation World
    Trump should learn from Nixon’s mistake meddling with the Fed
    CLARK G. ROSS The Charlotte Observer 
    May 26, 2025
    DAVIDSON, N.C. (TNS) — The first few months of Donald Trump’s nonconsecutive second term as president have been marked by controversial economic initi...
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    {"website":"Website"}
    America’s debt problem is also a retirement problem
    Articles, Local News, News
    America’s debt problem is also a retirement problem
    ALLISON SCHRAGER Bloomberg Opinion 
    May 22, 2025
    NEW YORK (TNS) — The wise minds at Moody’s Investors Service finally acknowledged last week what the other two main credit rating agencies did years a...
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    {"website":"Website"}
    Trump and GOP Congress, big spenders
    Commentary, Nation World
    Trump and GOP Congress, big spenders
    DEBRA J. SAUNDERS Las Vegas Review-Journal 
    May 21, 2025
    WASHINGTON (TNS) — I’ve often railed at Democrats’ failure to revamp federal immigration law during the two years President Joe Biden enjoyed a Democr...
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    {"website":"Website"}
    Even Democrats might like MAGA accounts
    Commentary, Nation World
    Even Democrats might like MAGA accounts
    ALLISON SCHRAGER Bloomberg Opinion 
    May 19, 2025
    NEW YORK (TNS) — One of the more remarkable aspects of the MAGA ideology is how often it fulfills the left-wing policy wish list. The latest example i...
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    {"website":"Website"}
    Taxpayers haven’t reached finish line under new state budget
    Commentary, Local Columnists
    Taxpayers haven’t reached finish line under new state budget
    SEN. TOM O'MARA 
    May 12, 2025
    Gov. Kathy Hochul and the Legislature’s Democrat majorities may be touting that they’ve finally finished work on a new state budget. Make no mistake, ...
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    {"website":"Website"}
    City Finance Committee discusses bed tax revenues, retaining fourth ambulance
    Daily Headlines, Local News, News
    City Finance Committee discusses bed tax revenues, retaining fourth ambulance
    May 07, 2025
    OLEAN — The Common Council is discussing the creation of a special capital fund as a place to put dollars received from the bed tax on the two hotels ...
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    {"website":"Website"}
    DOGE isn’t enough to tame big government
    Commentary, Nation World
    DOGE isn’t enough to tame big government
    Apr 24, 2025
    Elon Musk is reportedly planning to spend less time tending to the budget-cutting DOGE project and more time on his businesses, according to Politico,...
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    {"website":"Website"}
    New York is Uncle Sam’s piggy bank
    Commentary, Nation World, New York
    New York is Uncle Sam’s piggy bank
    Apr 24, 2025
    Thank you to state Comptroller Tom DiNapoli for publishing an analysis of the balance of payments between the 50 states and the federal government . T...
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    {"website":"Website"}
    End of the world as we know it, but was it all good?
    Commentary, Nation World
    End of the world as we know it, but was it all good?
    BRANDON McGINLEY Pittsburgh Post-Gazette 
    Apr 21, 2025
    PITTSBURGH (TNS) — Earlier this month, sharp declines in the stock market wiped out $5 trillion in value. Which raises the question: If $5 trillion ca...
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    {"website":"Website"}
    Social Security Matters: Trust fund could deplete sooner than expected
    Business, News
    Social Security Matters: Trust fund could deplete sooner than expected
    DENNIS W. JANSEN The Conversation 
    Apr 18, 2025
    Roughly 67 million Americans, most of whom are 65 or older, received Social Security benefits in 2023. An estimated 183 million workers paid the Socia...
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    {"website":"Website"}
    Financial crisis of ’25? Better to be ready
    Commentary, Nation World, New York
    Financial crisis of ’25? Better to be ready
    Apr 18, 2025
    If there’s one thing investors have learned in recent days, it’s that there’s no way to guess what America will do next. With its on-again, off-again ...
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    {"website":"Website"}
    A doomsday clock is ticking
    Opinion, opinion/columns
    A doomsday clock is ticking
    Apr 17, 2025
    If the federal government wants to keep Medicare and Social Security intact for the next 75 years, it will need an extra $78.2 trillion in cash that i...
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    {"website":"Website"}
    A Social Security doomsday clock is ticking
    Commentary, Nation World
    A Social Security doomsday clock is ticking
    Apr 17, 2025
    If the federal government wants to keep Medicare and Social Security intact for the next 75 years, it will need an extra $78.2 trillion in cash that i...
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    {"website":"Website"}
    Finalized Olean city budget shows 6.2% tax rate increase, slight decrease in spending
    Local News, News
    Finalized Olean city budget shows 6.2% tax rate increase, slight decrease in spending
    Kellen Quigley kquigley@oleantimesherald.com 
    Apr 16, 2025
    OLEAN — A 6.2% tax rate increase to $17.90 per $1,000 of assessed value on a $29,147,462 budget is spelled out in the finalized City of Olean budget t...
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    {"website":"Website"}
    For the left, is there anything ‘taxing the rich’ can’t do?
    Commentary, Nation World
    For the left, is there anything ‘taxing the rich’ can’t do?
    GORDON GRAY InsideSources.com 
    Apr 10, 2025
    WASHINGTON (TNS) — Heading into Tax Day, if you listen to progressive policymakers for a few minutes, you’ll likely hear that few problems on Earth ca...
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    {"website":"Website"}
    NY’s small businesses need unemployment insurance fix
    Commentary, New York
    NY’s small businesses need unemployment insurance fix
    ASHLEY RANSLOW 
    Apr 09, 2025
    ALBANY — For the last four years, New York’s small businesses have been shouldering the burden of the Empire State’s pandemic-related Unemployment Ins...
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    {"website":"Website"}
    Reindustrializing a worthy goal, but it’ll take more than tariffs
    Commentary, Nation World
    Reindustrializing a worthy goal, but it’ll take more than tariffs
    Apr 08, 2025
    President Donald Trump's "Liberation Day" tariffs are the biggest shock to the global financial and economic order since the end of the Bretton Woods ...
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    {"website":"Website"}
    Letter to the Editor: Putting Washington on a budget
    Commentary, Leters to the Editor
    Letter to the Editor: Putting Washington on a budget
    Apr 08, 2025
    I voted in the election to stop fraud, waste and abuse. I expect our government to run efficiently and I voted for putting Washington on a budget and ...
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    {"website":"Website"}
    Older Posts
    Local & Social
    Latest news for you
    Photo Gallery: ‘No Kings’ demonstration in Olean
    Gallery, News
    Photo Gallery: ‘No Kings’ demonstration in Olean
    By JIM ECKSTROM jeckstrom@oleantimesherald.com 
    June 14, 2025
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    {"website":"Website"}
    400 turn out in Olean for ‘No Kings’ demonstration against Trump
    Local News, News
    400 turn out in Olean for ‘No Kings’ demonstration against Trump
    By JIM ECKSTROM jeckstrom@oleantimesherald.com 
    June 14, 2025
    OLEAN — The first protest Nevin Oliphant took part in was in 1967 in Los Angeles. He was a young teenager protesting the Vietnam War. In 2025 his caus...
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    {"website":"Website"}
    Cathy Briggs
    Obituaries
    Cathy Briggs
    June 14, 2025
    Cathy Briggs, memorial service OLEAN — A memorial service for Cathy Briggs will be held Thursday (June 19, 2025) at Guenther Funeral Home, 1303 E. Sta...
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    {"to-print":"To Print", "website":"Website"}
    William S. Clemens
    Obituaries
    William S. Clemens
    June 14, 2025
    William S. Clemens ALLEGANY — William S. “Bill” Clemens, 74, of Allegany, passed away Wednesday (June 11, 2025) at Mercy Hospital in Buffalo, surround...
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    {"to-print":"To Print", "website":"Website"}
    John R. Cornwall
    Obituaries
    John R. Cornwall
    June 14, 2025
    John R. Cornwall, loving husband, father and brother FREEDOM — John R. Cornwall, 75, of Freedom, passed away Wednesday (June 11, 2025) at his home, su...
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    {"to-print":"To Print", "website":"Website"}
    Dennis L. Holliday
    Obituaries
    Dennis L. Holliday
    June 14, 2025
    Dennis L. Holliday, loving husband, father and grandfather LIMESTONE — Dennis L. Holliday, of Nichols Run Road, passed away Tuesday (June 10, 2025). D...
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    {"to-print":"To Print", "website":"Website"}
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