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Big League Economics

President Trump Appoints Vince McMahon, Sports Leagues Commissioners to Economic Recovery Team

Sports leagues are vital for many communities.

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President Donald Trump has announced his intention to nominate WWE legend Vince McMahon and the commissioners of several major American sports leagues to an advisory group on the matter of reopening the US economy.

Some of the most prominent individuals in American sports will be on the commission, which Trump announced at Wednesday’s press conference. He stated that the New England Patriots’ Robert Craft, the NFL’s Roger Goodell, MLB’s Rob Manfred, and the NHL’s Gary Bettman. Mark Cuban, the owner of the Dallas Mavericks, will also be on the commission.

President Trump has a lengthy friendship with McMahon, even going so far as to compete against McMahon personally in a WWE event. McMahon recently had to terminate the operations of the XFL, a spring football league originally intended to compete with the NFL, due to the national coronavirus epidemic.

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Sports leagues were among the first major American institutions to suspend operations as the coronavirus epidemic began, with the prospect of tens of thousands of people gathering in relative proximity being a total no-go in the midst of the highly contagious pandemic. Major League Baseball is even considering starting its regular season entirely in Arizona spring training facilities, in games played without fans.

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The creation of advisory boards on the matter of reopening the economy doesn’t mean everything is going to open back up tomorrow. The commissioners of sports leagues suspended their league operations before state and federal social distancing requirements were enacted, putting a halt to their profitable businesses.

It’s likely the economic advisors will come up with a plan to gradually phase everyday American institutions and workplaces back into operation.

Big League Economics

As Biden Eyes “Transition Away” From Fossil Fuels, Pennsylvania is Second-Largest Natural Gas Producer in US

Destroying Pennsylvanian jobs.

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Joe Biden’s announcement that he plans on a “transition away” from the use of fossil fuels as an energy source may not go over smoothly with the people of Pennsylvania- a state that has scored as the second largest producer of natural gas anywhere in the country.

Joe Biden admitted at the Thursday debate that he plans to “transition away from the oil industry,” citing pollution.

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The United States Energy Information Administration identifies a considerable 20.0% of national natural gas production as coming from the state of Pennsylvania, making it the second biggest producer behind Texas. The state punches well above its weight in doing so, producing almost as much natural gas as Texas despite having less than half of its population.

Biden has sought to dismiss his track record of support for the banning of fracking oil extraction, employing a similar thinly veiled rhetorical trick by stating he’d only decline to allow any new fracking.

The energy industry continues to be a source of gainful, family-supporting employment for over ten million Americans. It’s not an option to “transition away” from the use of fossil fuels in the immediate future- a fact Biden tacitly admitted to after the debate suggestion, perhaps indicating that he realized the political folly of the statement.

A study from the American Petroleum Industry indicates that more than 322,000 Pennsylvanians are employed by the natural gas industry that Biden wants to transition away from.

Pennsylvania is shaping up as the most critical swing state in the election, and in nearly every plausible election night scenario the winner of the state’s 20 electoral votes secures the 270 needed to win the election.

Perhaps Joe Biden should transition away from national politics, and leave policy answers relating to carbon emissions, the environment and a strong energy industry to those more considerate of the role of the natural gas industry in Pennsylvania and around the country.

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