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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.

College | Student Debt | Brooke Cagle

A penalty for college programs that trap students in debt

For decades, the federal government has gone back and forth on the best way to solve the problem of workers who struggle to earn a living after graduating from the country’s for-profit colleges or career training programs. The Obama administration first laid out specific metrics requiring schools who want access to a lucrative stream of government funds to prove that its graduates are prepared for “gainful employment” and don’t end up with lots of student debt relative to their income. But Obama’s team never fully implemented its rules after lengthy legal fights. The Trump administration eventually scrapped the effort. Then Biden won office, and revived Obama’s plan — with a twist.

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

Expanded overtime guarantees for millions

President Barack Obama late in his second term oversaw a regulation that called for workers making up to $47,476 to be automatically entitled to time-and-a-half overtime pay. The move infuriated businesses and Republicans, who sought to block the rule in both Congress and the courts. Donald Trump’s election and a Texas judge’s ruling in 2016 led the Labor Department to revisit the matter and set a significantly lower threshold of $35,568.

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.

rump got personally involved in negotiations for Boeing’s Air Force One replacement soon after he took office, bragging on Twitter that he had successfully reduced the price of the contract with Boeing by “over $1 billion.” Soon after, Boeing agreed to a $3.9 billion contract with the Air Force stipulating the company would be responsible for any cost overruns on the planes. But Trump’s involvement in the project didn’t stop there. In 2019, he told ABC News he wanted a new red, white and blue paint scheme, which bore a striking resemblance to his private 757. When Biden took office, he was faced with a decision on whether to keep Trump’s paint scheme, or go back to the traditional colors.

Biden scraps Trump’s paint scheme for Air Force One

Trump got personally involved in negotiations for Boeing’s Air Force One replacement soon after he took office, bragging on Twitter that he had successfully reduced the price of the contract with Boeing by “over $1 billion.” Soon after, Boeing agreed to a $3.9 billion contract with the Air Force stipulating the company would be responsible for any cost overruns on the planes. But Trump’s involvement in the project didn’t stop there. In 2019, he told ABC News he wanted a new red, white and blue paint scheme, which bore a striking resemblance to his private 757. When Biden took office, he was faced with a decision on whether to keep Trump’s paint scheme, or go back to the traditional colors.

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.

Immigration | Voters Issues | @timmossholder

Unraveling Misinformation About Bipartisan Immigration Bill

Even before a bipartisan group of senators unveiled the text of a foreign aid and immigration overhaul bill on Feb. 4, it faced significant opposition from former President Donald Trump and other Republican leaders. We’ll explain what was in the legislation and the facts on two popular talking points.

Dark Brandon

Renewable power is the No. 2 source of electricity in the U.S. — and climbing

Biden entered the White House putting climate change and job creation from the expansion of a clean energy economy at the top of his agenda — an about-face from energy policy during the Trump administration. At the time, renewable energy sources were already on the rise and the industry was optimistic about its future, especially buoyed by promises from the new president to invest trillions of dollars into clean energy development and research, and the global trend toward cleaner forms of power.

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.

Trade policies | Biden | Trump

Trump Wrong on U.S. Agriculture Exports to China

In announcing “phase one” of a tentative trade deal with China, President Donald Trump wrongly stated that the “all-time high” for U.S. agricultural exports to China was “$16 or $17 billion.” Actually, it was nearly $26 billion in 2012.

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