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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.

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.

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

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.

universal basic income economic efficiency | benefits of ubi

Empowering Individuals and Enhancing Efficiency: The Role of Universal Basic Income (UBI) in Resource Allocation

Explore the transformative impact of Universal Basic Income (UBI) on resource allocation. Discover how UBI empowers individuals to make economic choices aligned with their passions, fosters entrepreneurship and innovation, optimizes labor market participation, and contributes to a more efficient and equitable society. Uncover the potential of UBI in reshaping our economic landscape and enhancing individual well-being.

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.

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