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April 10, 2021

April 10, 2021

Hello everybody out there in farm country. This radio commentary is brought to you by the
National Corn Growers Association, CropLife America, and Renewable Fuels Association.
They are all friends, supporters, and allies of a healthy farm economy and prosperous rural
America. Thank you.

And now for today’s commentary –

The weather is starting to warm up, and I am excited and looking forward to seeing that corn
planter knifing seed in the ground. I love planting season, but harvest is even better. The ag
industry sees a very good year on the horizon. Grain and soybean prices are pushing up into
territory we haven’t seen in 5 or 6 years.

With millions of vaccine shots being administered the pandemic should fade and normal life will return. U.S. employers added 916,000 jobs last month and the unemployment rate fell to 6%. That is twice as many jobs as were added in February. Consumer confidence is up and our economy is on the rebound. Our Federal government should be working together to capitalize on the growing economy. During the presidential campaign Biden promised bipartisan government. “The American people voted for unity and compromise.”

After spending $5.4 trillion last year to stimulate this economy, how much more do we have to
spend? President Biden’s $2.3 trillion infrastructure bill is a socialist wish list. Only about 10%
of the money in the bill is marked for infrastructure. I’m not suggesting the other money in the
bill other than that 10% is not worth debating and considering, but it should not be in this bill. I
don’t know how we will pay for all the debt we are adding to the huge debt load that we already
have. Let’s remember what British Prime Minister Margaret Thatcher once said, “Socialism
works okay until you run out of other people’s money.” The well-respected former Democratic
Secretary of the Treasury Larry Summers had this to say, “This bill could funnel too much
money into the economy, spark inflation, and crowd out other priorities.”

One other concern that I have is the tax plan that could raise money to help pay part of the bill. We could raise the corporate tax some – maybe from 21% to 25%. Taxing the rich sounds good but we shall see how that would be done. My biggest tax concern is the possibility that Congress will want to raise the estate tax. My farm is a family business and has been in the family for 200 years. 98% of farms and ranches in U.S. are family owned. Can small businesses such as farms survive a huge tax at death?

If you would like to review my radio shows going back more than 20 years, just go on-line to www.johnblockreports.com.

Previous Weeks

Estate Taxes

March 31 2021

Hello everybody out there in farm country. This radio commentary is brought to you by the National Corn Growers Association, CropLife America, and Renewable Fuels Association. They are all friends, supporters, and allies of a healthy farm economy and prosperous rural America. Thank you.

And now for today’s commentary –

This is Randy Russell sitting in for my good friend Jack Block. And now today’s commentary. This week the Biden Administration is rolling out their plans for infrastructure…

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Ag Day

March 25 2021

Hello everybody out there in farm country. This radio commentary is brought to you by the
National Corn Growers Association, CropLife America, and Renewable Fuels Association.
They are all friends, supporters, and allies of a healthy farm economy and prosperous rural
America. Thank you.

And now for today’s commentary –

President Biden declared March 23rd as National Agriculture Day. He said, “I call upon all
Americans to join me in recognizing and affirming our commitment to and appreciation for…



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Issues

March 18 2021

Hello everybody out there in farm country. This radio commentary is brought to you by the
National Corn Growers Association, CropLife America, and Renewable Fuels Association.
They are all friends, supporters, and allies of a healthy farm economy and prosperous rural
America. Thank you.

And now for today’s commentary –

I want to have an open mind and be fair as I evaluate the policies advocated by President Biden
and our new Congress. It is too soon to know where we are going on trade. There…



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Trade

March 11 2021

Hello everybody out there in farm country. This radio commentary is brought to you by the
National Corn Growers Association, CropLife America, and Renewable Fuels Association.
They are all friends, supporters, and allies of a healthy farm economy and prosperous rural
America. Thank you.

And now for today’s commentary –

We all know or should know that we’re going to have a $1.9 trillion relief package. It does
target the needy, the hungry, and unemployed. But there are billions and billions for…



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Equality

March 3 2021

Hello everybody out there in farm country. This radio commentary is brought to you by the National Corn Growers Association, CropLife America, and Renewable Fuels Association. They are all friends, supporters, and allies of a healthy farm economy and prosperous rural America. Thank you.

And now for today’s commentary –

“Equality” sounds good. It is only fair. Last week the House passed the Equality Act designed to prohibit discrimination based on sexual orientation and gender identity.…

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Relief Bill

February 25 2021

Hello everybody out there in farm country. This radio commentary is brought to you by the National Corn Growers Association, CropLife America, and Renewable Fuels Association. They are all friends, supporters, and allies of a healthy farm economy and prosperous rural America. Thank you.

And now for today’s commentary –

Joe Biden has been President for a month and now Tom Vilsack has just been approved as our new
Secretary of Agriculture. I am happy to see Tom Vilsack stepping back into the…

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Trade

February 18 2021

Hello everybody out there in farm country. This radio commentary is brought to you by the
National Corn Growers Association, CropLife America, and Renewable Fuels Association.
They are all friends, supporters, and allies of a healthy farm economy and prosperous rural
America. Thank you.

And now for today’s commentary –

I know that the battle over how much we spend and what we spend the money on in the $1.9
trillion Relief Bill will dominate our Congress. But I want to talk about trade now.…



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A New Day

February 12 2021

Hello everybody out there in farm country. This radio commentary is brought to you by the National Corn Growers Association, CropLife America, and Renewable Fuels Association. They are all friends, supporters, and allies of a healthy farm economy and prosperous rural America. Thank you.

And now for today’s commentary –

President Biden has a long list of priorities. Control of the Coronavirus heads the list. He has told
us that he wants to work across the aisle, but if the Democrats run…

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New Day

February 4 2021

Hello everybody out there in farm country. This radio commentary is brought to you by the National Corn Growers Association, CropLife America, and Renewable Fuels Association. They are all friends, supporters, and allies of a healthy farm economy and prosperous rural America. Thank you.

And now for today’s commentary –

We have a new President and a very closely divided House and Senate. Where are we going
from here? Today I will hit on some of the government decisions that will impact us.

To open I…

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Agriculture and Climate

January 29 2021

Hello everybody out there in farm country. This radio commentary is brought to you by the National Corn Growers Association, CropLife America, and Renewable Fuels Association. They are all friends, supporters, and allies of a healthy farm economy and prosperous rural America. Thank you.

And now for today’s commentary –

This is Randy Russell sitting in for my good friend Jack Block. And now for today’s commentary.

The Biden Administration and the Democratically controlled Congress have made…

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