Tough Times

June 2, 2022

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 today’s commentary-

Just last Monday we celebrated Memorial Day honoring our fighting men and women that have
given their lives to protect our country and keep us safe. Then the deadly school shooting in
Uvalde, Texas was hanging over us. I don’t have the words to express the level of sadness as
they bury those children and two teachers. They are all in our prayers.

I will try to move on from here to some other subjects. I would like to see our politicians come
together and find bipartisan solutions to some of our serious problems. To begin, instead of just
having a political fight over gun control, the majority of voters support taking some steps to keep
us safer. Sit down and hammer it out.

Another issue of conflict – abortion. The polls tell us that our citizens support the right for the
mother to decide. However, we need rules and limits. We should not be allowed to abort a baby
late pregnancy. The life of a baby is precious. So, we need common sense restrictions. When Bill
Clinton was President his party position was “abortion should be safe, legal and rare.” That
sounds reasonable to me.

Last issue inflation – President Biden has a plan.
1. Support Federal Reserve Chairman Powell since inflation is running at its highest level in
40 years. We have no choice but to raise interest rates. That may slow down job growth,
but it will also slow down inflation.

2. The second point is to “boost the productive capacity of the economy over time.” Can’t
argue with that, but it won’t be easy. One thing that we need to do is produce more
energy. I’m talking about oil and gas. On this issue President Biden has not been much
help.

3. Let’s reduce the federal budget deficits. In the last 3 years our federal government has
cranked up spending with $6 trillion to carry our economy through the coronavirus
pandemic. We are not going to balance our budget if we don’t cut spending. I’m not
convinced that Congress and President Biden are really serious about shutting off the
money machine. Every day there is a new idea on how to spend money that we don’t
have.

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