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The easiest way to debunk this myth is to ask a simple question: Why would any sitting president want to increase the price of gasoline? After all, a meaningful percentage of the voting population casts their ballots according to what has happened to the price of a gallon.…
Last time, we saw how our National Debt ballooned to $33 trillion from the $6 trillion spent by the Trump Administration and $3 trillion by the Biden Administration for the COVID rescue. The unprecedented spending definitely helped create an inflationary economy.…
Our National Debt dates from the earliest days of the American Republic. When we fought the Revolution, we borrowed (from France) to pay for the weapons needed to take the fight to the British.…
We take up federal government spending in this column, but we’ll stay away from what it buys. Our myth busting will instead clarify the relationship between federal spending and budget deficits, and show where the deficits came from.…
I promise to communicate economics in a clear fashion. I will also strive to stay apolitical, which was the standard I held myself to as a college professor for 37 years. That’s consistent with my being an active voter and a registered Independent.…
Lynch, Malone Behind Attempt At Oust Murphy, Colleague Says ‘I’m Very Angry,’ Says Brzozowski. Manager Can Succeed, He Adds ONEONTA – Common Council members Mike Lynch and Larry Malone are behind efforts to oust City Manager Martin Murphy, Bob Brozowski, one of three Council members that want to give Murphy time to succeed, said this morning. “I’m very angry,” said the usually mild-mannered Council member. Brzozowski said Wednesday’s meeting, purportedly called an initiative of a “360 review” of Murphy’s performance to date, was…
Ribbon Cut On $180,000 Bridge, Part Of Oneonta Park Master Plan…
Acting On Study, Common Council Votes To Buy $1.1 Million Fire Truck ONEONTA – On the recommendations of the Center for Public Safety’s 2014 study, Common Council Tuesday evening unanimously agreed to authorize the purchase of a brand new 100 Mid Mount Platform Fire Truck from Ferrara Fire Apparatus Inc in Louisiana to replace the failing 1987 ladder truck. “This has been in the works for a long time,” said Council Member Larry Malone. “We’ve managed to squirrel away $400,000, so we…
Common Council Agrees To Work Through Issues By LIBBY CUDMORE • www.allotsego.com ONEONTA – When City Manager Martin Murphy read The Daily Star on Wednesday, April 22, he was surprised to see that Council Member Mike Lynch, Fourth Ward, was quoted as saying that he had conversations with city workers who felt “either that they’re not getting the respect they deserve or they feel that they have no voice.” It was news to him. “Until recently, I was not aware of concerns by…
Oneonta Councilman Larry Malone Announces He Won’t Seek 2nd Term ONEONTA – Common Council member Larry Malone, a Hartwick College economics professor and protege of former Mayor Dick Miller, told his colleagues a few moments ago he won’t run for a second term this fall. “Working to improve our city with my fellow Council members has been tremendously rewarding,” he said at this evening’s Common Council meeting. “Our successes come from casting aside politics and always putting the interest of Oneonta citizens first.…