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    Home public economics

    public economics

    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"}
    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"}
    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"}
    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"}
    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"}
    NY comptroller warns local governments of ‘fiscal cliff’
    Daily Headlines, Local News, News, ...
    NY comptroller warns local governments of ‘fiscal cliff’
    Olean Times Herald staff 
    Mar 02, 2025
    The changing fiscal landscape could hinder local governments’ budgets, New York State ComptrollerThomas P. DiNapoli warns in his recent report. The co...
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    {"website":"Website"}
    Cutting red tape can supercharge growth — and tame inflation
    Commentary, Nation World
    Cutting red tape can supercharge growth — and tame inflation
    WILLIAM BEACH and PARKER SHEPPARD 
    Feb 27, 2025
    The Trump administration is doubling down on deregulation. Quite literally, in fact: Where the previous Trump administration removed five regulations ...
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    {"website":"Website"}
    Trump risks making same economic mistakes as Biden
    Commentary, Nation World
    Trump risks making same economic mistakes as Biden
    ALLISON SCHRAGER Bloomberg Opinion 
    Feb 24, 2025
    NEW YORK (TNS) — There is one surefire way to know when someone is trying to pull one over on you: If they’re promising something for nothing — whethe...
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    {"website":"Website"}
    Americans would pay higher taxes to save Social Security
    Commentary, Nation World
    Americans would pay higher taxes to save Social Security
    KATHRYN ANNE EDWARDS Bloomberg Opinion 
    Feb 18, 2025
    WASHINGTON (TNS) — Social Security’s deep popularity among voters has earned it a reputation as the third rail of politics, meaningCongressis afraid t...
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    {"website":"Website"}
    More bad news for taxpayers
    Commentary, Nation World
    More bad news for taxpayers
    Feb 17, 2025
    The federal deficit will be $21.1 trillion in the 10-year period from 2025 to 2034, according to projections in the Congressional Budget Office’s bian...
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    {"website":"Website"}
    Salamanca schools budget taking shape for ’25-26
    Cattaraugus County, Local News
    Salamanca schools budget taking shape for ’25-26
    Kellen Quigley kquigley@oleantimesherald.com 
    Feb 14, 2025
    SALAMANCA — With the district-wide vote less than three months away, the Salamanca City Central School is beginning to shape its preliminary numbers f...
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    {"website":"Website"}
    State: Area sales tax receipts down in December
    Allegany County News, Business, Cattaraugus County, ...
    State: Area sales tax receipts down in December
    BOB CLARK bclark@oleantimesherald.com 
    Feb 10, 2025
    Most area sales taxing bodies saw lower receipts in 2024 than in 2023, the state's fiscal watchdog reported, and all reported December collections low...
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    {"website":"Website"}
    Hochul’s budget shines brightest when it leans on GOP ideas
    Commentary, New York
    Hochul’s budget shines brightest when it leans on GOP ideas
    ASSEMBLYMAN WILL BARCLAY 
    Jan 28, 2025
    Gov. Kathy Hochul’s budget presentation included a number of Assembly Minority Conference ideas, but at its core, the plan still fails to properly pri...
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    {"website":"Website"}
    Politicians use inflation to target the American way of life
    Commentary, Nation World
    Politicians use inflation to target the American way of life
    RICHARD STERN and BROOKS NEWBY 
    Jan 01, 2025
    WASHINGTON (TNS) — “Inflation is always and everywhere a monetary phenomenon,” Milton Friedman once said. In other words, don’t blame greed — blame th...
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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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