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Economic Issues

Biden's Investment in American Infrastructure is Not Why The Price of Eggs is High

Biden’s Investment in American Infrastructure is Not Why The Price of Eggs is High

In recent months, Americans have faced an unprecedented rise in the price of eggs, leaving many households feeling the pinch at the grocery store. While some pundits have pointed fingers in various directions, including at President Biden’s infrastructure investments, it’s crucial to understand that these projects are not the culprits behind the escalating cost of this everyday staple. Instead, factors such as the avian influenza outbreak, rising feed and fuel costs, and general inflationary pressures have driven the surge in egg prices. Understanding these real causes is essential for addressing the challenges effectively.

Read the full article to learn more about the true reasons behind the high cost of eggs and why infrastructure investments are not to blame.

5 Reasons Why Biden's Investments in the Electric Vehicle Industry May Have Saved America's Future Economy

5 Reasons Why Biden’s Investments in the Electric Vehicle Industry May Have Saved America’s Future Economy

President Joe Biden’s strategic investments in the electric vehicle (EV) industry are more than an environmental initiative; they are a critical move to secure America’s economic future. These investments are driving job creation, fostering technological innovation, enhancing environmental sustainability, modernizing infrastructure, and ensuring global competitiveness. As the world shifts towards cleaner, more advanced transportation, Biden’s policies position the United States as a leader in this transformative era.

Dark Brandon

Preventing a cobalt crisis in Congo

Rebels in eastern Congo and the Congolese army have been fighting since the 1990s. The fighting escalated in 2022 as Rwanda-backed rebels, known as M23, invaded and took over several villages. The violence escalated further last summer when M23 moved closer to the area near Goma, one of the largest cities in the region. A war between Congo and Rwanda would not only be a humanitarian disaster, but it would upend the administration’s efforts to get into the cobalt market — a key component for electric vehicle batteries. Congo is home to about 70 percent of the world’s cobalt reserves, and China, one of Washington’s biggest trade competitors, is its main producer and is supporting M23 with drones.

Dark Brandon

Biden moves to bring microchip production home

The Covid pandemic sharpened bipartisan fears in Washington about U.S. reliance on microchips produced overseas — primarily in China or Taiwan. As factories shut down in Asia and supply chains snarled, U.S. automakers and other manufacturers were unable to get the chips they needed, idling their plants and spiking prices for cars and other goods. That led the Biden administration and lawmakers from both parties to consider policies to bring production of the most advanced microchips back to the U.S.

cannabis | marijuana | richtea360

Biden recommends loosening federal restrictions on marijuana

Since the Nixon administration, marijuana has been classified in federal law in the same category as LSD and heroin — drugs categorized as having a high propensity for addiction and no known medical value. In October 2022, as more and more states have moved to legalize cannabis, Biden issued an executive order directing the Department of Health and Human Services to conduct a review of all available cannabis science and recommend whether the classification of marijuana should be changed.

Dark Brandon

A new agency to investigate cyberattacks

Organizations that fall victim to hacks often keep tight-lipped about what happened due to fear of legal liability or brand damage. But cybersecurity experts have long warned that the country will never break free from an endless cycle of computer breaches unless companies and government agencies become more transparent about how they got infiltrated. The danger was underscored in 2020 when a sophisticated Russian hack breached nine federal agencies.

sexy girl | Alex Azabache | https://unsplash.com/@alexazabache

Giving smaller food producers a boost

Soaring food prices and supply chain crunches for meat and other staples during the Covid-19 pandemic drew attention to the highly consolidated agriculture sector, in which key sectors like meatpacking are dominated by a handful of “Big Ag” behemoths. Biden entered office promising to crack down on food monopolies and support small and midsize U.S. farmers, whose numbers have cratered in recent decades.

Dark Brandon

Cracking down on cyberattacks

During Biden’s first six months in office, government agencies and critical companies were beset by cyberattacks. These incidents included the SolarWinds hack, which involved Russian government hackers infiltrating around a dozen agencies for at least a year. Ransomware attacks were also a major source of concern, with the administration forced to reckon with Colonial Pipeline, the source of almost half of the East Coast’s fuel supply, shutting down operations in May 2021. In the years since, cybersecurity concerns have only increased, including a Chinese-linked breach last year that impacted email accounts at the Commerce and State departments, skyrocketing new vulnerabilities opened up by the use of artificial intelligence technologies, and new geopolitical-linked targeting of critical systems.

sexy girl | Carlos Augusto | https://unsplash.com/@carlosaugustorj

A sweeping crackdown on “junk fees” and overdraft charges

Biden touted his campaign to eliminate so-called junk fees — the hidden charges that often come as a surprise to the consumer, taking aim at the fees levied by airlines, cable companies, concert ticket-sellers and hotels, among other businesses. The Consumer Financial Protection Bureau in 2022 launched an initiative to expand the crackdown to target financial fees, training its scrutiny in particular on credit card late charges and the insufficient-fund fees that banks impose.

Dark Brandon

Making airlines pay up when flights are delayed or canceled

Never mind luxury travel, now some airline passengers pay extra just for the basics. But getting your money back when a flight gets canceled or significantly delayed is one effort the Biden’s administration’s Transportation Department has tried to address as part of a new tough stance on the airline industry, especially after multiple instances of air travel gone awry.

Dark Brandon

Countering China with a new alliance between Japan and South Korea

South Korea and Japan have a mutual antipathy that goes back decades, linked to Japan’s brutal colonial rule of Korea from 1910-1945 as well as long-simmering territorial disputes in the East China Sea. That has fueled such acrimony in South Korea that until relatively recently public opinion polls in the country have rated Japanese leaders only slightly more popular than North Korea’s.

Fixing bridges, building tunnels and expanding broadband

Fixing bridges, building tunnels and expanding broadband

Successive presidents tried for so many years to pass infrastructure legislation that it became a running joke in Washington. Maybe that’s one reason polls show that voters don’t know that Biden finally broke that logjam, and did it with support from lawmakers of both political parties. It was the kind of historic investment — following years of deferred needs — that previous presidents had tried and failed to achieve.

benefits of universal basic healthcare | picsea

The Cost-Effective Wisdom of Universal Basic Healthcare

Explore the cost-effective wisdom of universal basic healthcare in this article. Discover how preventive care, reduced emergency room visits, and societal equality contribute to long-term savings and improved public health outcomes.

benefits of universal basic healthcare

The Economic Impact of Universal Basic Healthcare: A Cost-Saving Revolution

Explore the potential economic impact of Universal Basic Healthcare in the United States. Despite logistical challenges, recent studies project annual savings of $500 billion, challenging the notion that UBH is a financial burden. Discover how administrative efficiency, preventive care, and negotiating power could revolutionize the nation’s healthcare system, leading to a healthier population and substantial cost savings for American taxpayers.

paying for universal basic income

Financing Universal Basic Income: A Comprehensive Approach

Explore the financial landscape of Universal Basic Income (UBI) in the U.S. Discover estimated costs, potential savings from universal healthcare, welfare service consolidation, and technological advancements. Delve into the proposal of a Value-Added Tax (VAT) on national GDP for budget balancing. Uncover intangible benefits, including reduced poverty and crime, contributing to an enhanced quality of life. Gain insights into a comprehensive approach to financing UBI and its potential societal impact.

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