|Above and beyond: The National Guard have been deployed in Massachusetts to drive school buses in the face of a shortage of drivers. Yes, you read that right…|
Amazon has said it will pay $18 hour for newly hired delivery drivers and warehouse workers. The tech giant said it will also pay tuition and text book costs for employees. That’s if they have time and energy to study after working their long shifts…
Visual Capitalist reckons its got insight into the fastest growing jobs over next 20 years.
The Democrat’s $3.5TR spending bill hit another snag this week, with Sen. Joe Manchin saying he would not support it. The government is also looking for ways to fund the spending bill, including a draft proposal for $2.9TR in tax hikes over the next ten years. Axios broke down where the money would come from.
Congresswoman Ocasio-Cortez drew fire last week after attending the swanky Met Gala in a dress emblazoned with the message “Tax the rich.” AOC used the attention to plug her Green New Deal policies, but many pointed out that the $30K+ a ticket gala is a tax deduction for the well-heeled attendees. If AOC wants to go to the ball with masked servants and all, that is fine. But, it is hard to reconcile her Socialist words with her extravagant actions. The Congresswoman insisted it is part of her political duties to attend, overseeing “cultural institutions that serve the public,” but has been accused of receiving prohibited gifts by accepting free tickets.
|Job creation numbers were much lower than expected this August with only 230,000 positions added. Quite a bit less than the predicted 720,000. Yet other news reports suggest there is a labor shortage, not a job shortage. McDonalds in Oregon is hiring 14 and 15 year olds. Amazon has said it will drop the marijuana screening requirement in order to recruit more delivery drivers. Yahoo Finance says that half of US small businesses have positions to fill. Quite a few states have ended COVID relief payments, with Axios concluding that the reason people aren’t working is that they fear getting sick. |
It will be interesting to see how vaccine mandates play into this problem. Governor De Santis pointed out (linked above) that many people have worked through the pandemic, some by choice and others because they must, when no vaccination was available. NBC reported that 40% of staff in one Miami hospital remain unvaccinated. If they haven’t taken the vaccine by now, perhaps they don’t want to. What if they all resigned?
The Federal Reserve says it will soon stop pumping stimulus funds into the economy in the light of rising inflation, which saw the largest increase in August since 2010. While Americans have noticed price increases on fuel and groceries, the National Economic Council Director says if you take out beef, pork, and poultry, prices are pretty normal. Raccoon, anyone?
Bitcoin had a bit of a crash last week on the back of El Salvador adopting the cryptocurrency as legal tender. The millennial President of El Salvador, who swept to power two years ago, is a bit of a dark horse.
|Alas, we must write about mammon once again this week, with two monstrously big buckets of cash being compiled by the US government. The Senate has unveiled a $1.1 TR infrastructure bill with lots of provision for social justice and climate alarmist goals. But Rachel Bovard, at The Federalist points out that the bill was merely a “prelude” to the $3.5 TR budget which passed the floor of the Senate last week.|
While the budget is not set in law, it does steer actual spending and in this case, the wish list of the “Green New Deal” is in the driver’s seat. There’s money for climate change programs, abortion, and “free” everything, so if approved, the “Bernie Sanders budget” looks set to change the country forever.
With almost half of the spending financed with new debt, Al Mohler pointed out that America is spending money we don’t have and can never repay. Justin Haskins observed that the Fed has been printing a lot of funny money in the last decade and warns that the President’s budget could cause economic collapse. Elsewhere, Haskins suggests that people should look to invest diversely, if they are able, especially in land. He points out that it is no coincidence that Bill Gates is buying up farmland – the elites know what time it is.