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Broadcaster Press 9 July 31, 2018 www.broadcasteronline.com Economy Is Improving, But Trade Instability Must Be Addressed By Sen. Mike Rounds Across the country, Americans are experiencing the benefits that come from a healthy, growing economy. In just the month of June, 213,000 new jobs were created and more than 600,000 people reentered the work force. Since the Tax Cuts and Jobs Act was signed into law, nearly 1.3 million jobs have been created. This growth is due in large part to policies enacted by the current Congress and the Trump Administration. In addition to strong job numbers, retail sales have increased for the fifth consecutive month. Consumers feel confident in the economy once again and because they are paying less to the government in taxes, they are free to spend their hard-earned dollars how they see fit. Their spending provides a boost to businesses, who are then able to hire more workers to meet demand and pay their employees higher wages. This is a win-win-win for consumers, American businesses and employees. Congress and the White House have also been able to work together on reforms to the Dodd-Frank Act, which has saddled our financial institutions with burdensome regulations and hindered their ability to serve their customers. Earlier this year, the president signed into law the Economic Growth, Regulatory Relief and Consumer Protection Act, which included a number of provisions that I offered. This law provides relief to smaller, community banks and credit unions that had no part in the financial crisis but were subject to the same regulations after the fact that were put in place to keep big banks in check. When South Dakota’s banks and credit unions don’t have to spend so much on compliance costs, they can offer more services to customers and support businesses in their communities, which helps our economy flourish. I serve on the Senate Banking Committee, which recently held a hearing to receive an economic update from Federal Reserve Chairman Jerome Powell. He reported that Americans are optimistic about the state of our economy and about finding a goodpaying job. I appreciated our discussion about the positive impact the Tax Cuts and Jobs Act, as well as the reduction of burdensome regulations, is having on our Gross Domestic Product (GDP) growth rate this year. Like Chairman Powell, I believe we have a very good opportunity for continued GDP growth. However, I shared with him my concern that trade instability—especially for the ag industry—will stifle our ability to reach our full economic potential. Without strong trading deals, I fear we may begin to lose some of the gains we’ve made in growing our economy. It is up to the White House to finalize trade deals with our partners in Canada and Mexico, as well as the Trans-Pacific Partnership (TPP) countries, as soon as possible. Retaliatory tariffs from China on South Dakota products like corn, wheat and soybeans has cost producers in our state more than $810 million in value just since March 1. With the farm economy down more than 50 percent in South Dakota over the past five years, we need stability in our commodity prices and we need strong trade deals in place—right now. More Bang for Your Buck! 10,800 copies distributed with 27,000 readers per issue and now in a larger, reader-friendly format! Call 624-4429 to get your ad in! Irrigation Sales & Service Irrigation PVC, Wire Installed, Well Drilling Domestic & Irrigation Pump Installation WATERLINE & ELECTRIC TRENCHING Tree & Concrete Removal, Site Clearing, & Ditch Trenching ALL TYPES OF DIRT WORK - FREE ESTIMATES Bobcats • Crane • Dozers • Excavators • Grader Grain Trailer • Scrapers • Side Dumps • Trenchers Vermillion, SD (605)670-9567 Hartington, NE (402)254-2568 Licensed in SD, NE & IA We’ll continue working to improve the economy for all Americans, and that means pushing for fair, strong trade deals. We are pleased to see that businesses are flourishing and workers are making more money, but we can’t let trade instability become an obstacle on our way to record-high economic growth. Color, Style, and a Winning Personality Broadcaster Press Call 624-4429 today to get your ad in the Broadcaster Press. Our graphic design staff will create a unique, personalized ad that will help your business stand out from the crowd! 201 W Cherry, Vermillion • Fax: 624-2696 • BroadcasterOnline.com Clay County Fair August 9-11, 2018 Vermillion, SD Follow Us On Facebook Thursday, August 9, 2018 8-11 am 12-9 pm 1-8 pm 1-9 pm 1-7 pm 1-7 pm 1-8 pm 1-3 pm 1 pm 2-4 pm 3 pm 3 pm 3-7 pm 4-5:30 pm 4:30 pm 5 pm 5-7 pm 5:30-7 pm 5:30-6:30 pm 5:30 pm 5:30 pm 5:30 pm 6:30 pm 6:30 pm 7:30 pm 6:30-8:30 pm Beef, Sheep, Swine, Goat, Rabbit, Poultry - weighed & checked-in Open Class & 4-H Exhibit Building Open Vendor Booths Open (Clover Hall) Inflatables National Park Service Mobile Ranger Station Sanford Mega Heart Hy-Vee Health Screening Bus Hy-Vee Biometric Screenings ($40, plus $10 Hy-Vee gift card) Companion Animal Show (South End of Rabbit Barn) Fair Princess Pageant (Main Stage) Storytime/Crafts with Vermillion Public Library (Clover Hall) 4-H Poultry Show (Rabbit Barn) Farmers Market (High Street) Free Kids Fit Event by Hy-Vee (meet at bus then to softball fields) Pedal Pull Sign up (Clover Hall) Dakota Kids Pedal Pull (High Street) Heartland Humane Society with pets available for adoption FREE Community BBQ Jim Perry Magic Show (Main Stage) Power Wheels Derby Registration (Open Arena) Lawn Mower Races Registration (Open Arena) Beverage Garden Opens (Open Arena) 4-H Swine Show (Covered Arena) Lawn Mower Races Begin (Open Arena) Kids Power Wheels Derby (Open Arena) LIVE MUSIC-Bluff Ridge (Main Stage) Friday, August 10, 2018 9 am-9 pm 9:30 am 10 am-8 pm 10-11:30 am 11 am-2 pm 12 pm 1-9 pm 1 pm 1-4 pm 1-5 pm 1-5 pm 1-8 pm 1-8 pm 1:30-3:30 pm 3 pm 3-6:30pm 3:30-5 pm 3:30 pm 4 pm 4 pm 4-5 pm 4-6 pm 4-8 pm 5 pm 7 pm 9-12 pm Open Class & 4-H Exhibit Building Open 4-H Sheep Show (Covered Arena) Hy-Vee Health Screening Bus Free Kids Fit Event by Hy-Vee (meet at bus then to softball fields) Outdoor Campus BB Gun Shootout (Open Arena) Storytime/Crafts with Vermillion Public Library (Clover Hall) Inflatables 4-H Goat Show (Covered Arena) Hy-Vee Biometric Screenings ($40, plus $10 Hy-Vee gift card) Military Equipment Display (High St) Sanford Mega Heart Vendor Booths Open (Clover Hall) VA Mobile Vet Center/Sioux Falls VA Health Care System Elaine Peacock (Main Stage) 4-H Rabbit Show (Rabbit/Poultry Barn) Local Fare at the Fair with Salsa Competition (Rabbit Barn) Dairy Foods Contest (South end of Rabbit Barn) Barnyard Olympics Sign up Arena Gates & Beverage Garden Open Barnyard Olympics (Open Arena) Robotics Demonstration (Clover Hall) Matt & Joe Acoustic Jam (Main Stage) Chainsaw Carving (Auction Saturday at 4 pm) Ice Cream Social Celebrity Donkey Races (Open Arena) Warning Shots Street Dance (Main Stage) Saturday, August 11, 2018 9 am-9 pm 9-11 am 9 am 10 am 10 am-8 pm 10 am 12 pm 12-4 pm 12-1 pm 12-9 pm 12-8 pm 12-8 pm 1-4 pm 1 pm 2 pm 2 pm 3 pm 3-5 pm 4-6 pm 4 pm 5 pm 7 pm Open Class & 4-H Exhibit Building Open Pancake Breakfast by 4-H Ambassadors Baby Beef Show (Covered Arena) 4-H Beef Show (Covered Arena) Hy-Vee Health Screening Bus Free Kids in the Kitchen presented by Hy-Vee Clay County Has Talent Show (Main Stage) Car, Truck and Tractor Show and Shine Open Class Fruit Pie, Decorated Cake, and Cookie Contest Entry (4-H Center) Inflatables Vendor Booths Open (Clover Hall) VA Mobile Vet Center/Sioux Falls VA Health Care System Hy-Vee Biometric Screenings ($40, plus $10 Hy-Vee gift card) 4-H Round Robin Contest (Covered Arena) Alumni Round Robin Contest with Livestock Awards (Covered Arena) Cake Eating Competition Sign up Cake Eating Competition (Main Stage) Balloon Twister Horse Rides (Softball Fields) 4-H Fashion Review with Pie and Chainsaw Carving Auction (Main Stage) Arena Gates & Beverage Garden Open Demolition Derby (Open Arena) Sponsors: AM Lawn Care, Bank of the West, Blue Monarch, Broadcaster Press & Plain Talk, Brunick Furniture & Flooring, Bunyans, Butch’s Propane, Butterhead and Crew, Campbell Supply, Casey’s General Store, Charcoal Lounge, Clay County Abstract and Title, Clay County 4-H Leaders Association, Clay Rural Water System, Clay Union Electric, CorTrust Bank, Coyote Chemical Company, Craig Thompson, Crop Production Services, Dakota Realty, Dakota Realty/Kris O’Connor, Farm Credit Services of America, Farmers Insurance-Sara Bye, Farm Mutual Insurance Company of Clay County, First Bank and Trust, First Dakota National Bank, Gregoire Excavating, Hawley Farms Trucking, Heine Farms, Herren-Schempp Building Supply, Hot Country 93.1, Hub International Insurance, Hydro, Hy-Vee, Jim Perry Magic, Johnson Feed Inc., Kelly O’Connor Construction, Knutson Family Dentistry, Marks Machinery, Meat Barn, Midwest Ready Mix, M & S Irrigation and Trenching, Olson Seed and Service Inc, Olson Sod Farms LLC, Orr Farm Supply, Pioneer Hibred, POET Biorefining, Polaris, Print Source & Equalizer/Extra, Quality Motors, Ribs, Rods, Rock N Roll, Sage Project Consultants, Sanford Health, Seed Plus LLC, SESDAC, Somsen Agency, Steiner’s Locker Service, Stewart Oil and Tire, Sydell, The Bluffs Golf Course, The DENTist, The Roadhouse, Todd’s Electric Service, Tractor Supply Company, Valley Ag, Vermillion Area Chamber of Commerce and Development Company, Vermillion Area Farmers Market, Vermillion Federal Credit Union, Vermillion Ford, Vermillion Medical Clinic, Walker Construction, Wildfire Ceramics, Willson Florist, WNAX/104.1 The Wolf and Wyffels Hybrid-Ryan Haver
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Temperature:59.0 F
Humidity:46
Wind:West at 16.1 MPH (14 KT)
Dewpoint:37.9 F (3.3 C)
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Windchill:56 F (13 C)


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