Inflation

The Biden Administration Is Ignoring How Its Policies Will Worsen Inflation. Again.

In the 1980s, the Reagan administration made changes to the Davis-Bacon Act to help control inflation. The Labor Department is planning to undo them.

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Despite inflation running at a 40-year high, the Biden administration is pushing ahead with plans to hike wages for federal contractors—effectively undoing a Reagan-era policy that was implemented to help curb inflation.

In a notice published on March 18, the Department of Labor announced that it would begin the process of updating its interpretation of the Davis-Bacon Act, the 1931 federal law requiring that so-called "prevailing wages" be paid to government contractors. The law essentially sets a price floor by forbidding would-be contractors from competing for government contracts by undercutting wages, and the unsurprising result is that artificially higher wages are typically paid. Labor unions, in particular, are big fans of Davis-Bacon because it helps limit competition from non-union shops for public works projects—and has historically been used to disadvantage black and minority workers.

The Labor Department says this will be the first significant rewrite of Davis-Bacon regulations in 40 years. The change also comes at a time when the federal government is preparing to dole out more than $500 billion in new funding for public works projects after last year's passage of Biden's bipartisan infrastructure package.

But the primary change proposed by the Labor Department would both worsen inflation and result in fewer infrastructure projects being funded, according to Dan Bosch, director of regulatory policy for the American Action Forum, a free market think tank.

Here's why: Back in 1982, the Department of Labor amended the Davis-Bacon regulations to remove the so-called "30 percent rule" that said the prevailing wage for any particular area would be based on the highest wages in that area, as long as they were paid to at least 30 percent of workers.

The repeal of the 30 percent rule was a partial response to a 1979 General Accounting Office (now the Government Accountability Office, or GAO) report that called for the full repeal of the Davis-Bacon Act due to how it warped government contracting costs. "We are recommending that the Congress repeal the Davis-Bacon Act because…the Department of Labor has yet to develop an effective program to issue and maintain accurate wage determinations, and it may be impractical to ever do so, and the act is inflationary and results in unnecessary construction and administrative costs of several hundred million dollars annually," the report concluded.

Since then, the prevailing wage has been based on a weighted average of all wages in a given area. Partially reinstating the 30 percent rule, as the Department of Labor is now proposing to do, will be costly. In its proposal, the department expects to spend $35 million implementing the change—a total that does not include the added costs likely to be created by artificially inflating the wages paid to government contractors. More than 94,000 contractors earning hourly rates from government contracts would be affected by the changes, the department estimates, with the average increase being $3.65 per hour.

"The revisions seem ill-timed," writes Bosch, "given the current high levels of inflation and a recently enacted infrastructure spending program. The increased labor costs that would result will contribute to higher inflation and reduce the number of infrastructure projects that can be pursued."

The department is dismissing those concerns. The 1982 rule changes that eliminated the 30 percent rule, it claims, "were based in part on a criticism of the [Davis-Bacon] Act itself," rather than on worries about inflation. "Even if concerns about an inflationary effect on government contract costs or speculative effects on the national macroeconomy were used to justify eliminating the 30-percent rule, the department does not believe such reasoning now provides either a factual or legal basis to maintain the current majority rule."

Of course, this wouldn't be the first time the Biden administration ignored warnings about possible inflation in order to accomplish political objectives. Labor unions may very well get their bigger payday—the rest of us will keep paying more and getting less.

NEXT: San Francisco Passes Moratorium on Delivery Warehouses To Shake Down Amazon

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  1. Duh! How else can you keep up with inflation if you don’t keep raising pay?

    1. Or have the kickbacks keep up with inflation too.

    2. Let's go Brandon !!!!

    3. Math is racist.
      Inflation for Social Security recipients is 5.9%.
      For congress it is 21%.
      The statistics say it is 10%.

      1. For TVs it's -74%! We just need to buy more TVs to beat inflation!

    4. The Davis-Bacon and Related Acts apply to contractors and subcontractors performing on federally funded or assisted contracts in excess of $2,000 for the construction, alteration, or repair (including painting and decorating) of public buildings or public works. Davis-Bacon Act and Related Act contractors and subcontractors must pay their laborers and mechanics employed under the contract no less than the locally prevailing wages and fringe benefits for corresponding work on similar projects in the area.
      ---

      Reason is the enemy of the working man, as are all Republicans and Libertarians.

    5. Reason wants worker pay reduced.

      The Davis-Bacon and Related Acts apply to contractors and subcontractors performing on federally funded or assisted contracts in excess of $2,000 for the construction, alteration, or repair (including painting and decorating) of public buildings or public works. Davis-Bacon Act and Related Act contractors and subcontractors must pay their laborers and mechanics employed under the contract no less than the locally prevailing wages and fringe benefits for corresponding work on similar projects in the area.
      ---

      Reason is the enemy of the working man, as are all Republicans and Libertarians.

      1. ^ Any rebuttals?

    6. This current price increases and inflation began in April 2020, when Trump negotiated oil production cuts to protect oil profits from pandemic low demand ( It was Trump's criminally negligent handing of covid that crashed the US economy). Those production cuts made unprecedented profits for the oil companies and the oil oligarchs like Putin. Demand has returned to pre-pandemic levels, even expected to surpass these levels this year, but the oil companies refuse president Biden's request to resume production commensurate with demand. Why should they resume production when they can rip off consumers and make more profit price gouging?

      1. This chart says otherwise:
        https://assets.realclear.com/images/55/550562_5_.jpg

        If gas companies were at fault with all this, why didn't they just do it earlier? You're not thinking clearly.

  2. Not ignoring. They don't care.

    1. i was thinking the same thing

    2. They care. This isn’t incompetence on their part.
      They want to bankrupt the country.

      1. You've been reading their party platform, haven't you?

        1. It’s a cookbook!

    3. Exactly. Feature, not a bug.

      What Reason's OBL/it's-all-about-cheap-labor wing doesn't seem to get is that Democrats are extremely beholden to unions. That's what they voted for.

      FJB has been doing things entirely as giveaways to unions since the day he took office, as these are almost uniformly Democrat contributors and one of largest and most powerful contributors to the party and individual candidates.

      Anything that'll drive more people into unions (and, therefore, to supply money the unions give back to Democrats) is good. Keeps them in power.

      I'm no fan of when Rs cowtow to religious groups, or when either major party does so for some obvious corporate interest or other, but man that is all a tiny thing compared to Ds and their union benefactors.

  3. This is completely expected with a full fiat currency. The newly created money flows to the government and those connected to it.

    1. First. Flows first.

  4. It's what they do.

    BTW, good luck estimating a construction project when some major building products are up 10% from last year, and others are up 50%, and some are not available at all, or have a 15-month lead time.

    Oh, and the project has an 18-24 month construction time, so who knows what the early trades are going to pay compared to the later ones. What do you do? Order the stuff now that you're going to install in 20 months? Pay to store it?

    1. “What do you do? Order the stuff now that you're going to install in 20 months? Pay to store it?”

      As fucked as we’re going to be in 20 months, might be a good gamble.

      1. Yes. That's what I'm doing.

        1. Farmers and ranchers are doing this as well. We're forward buying as much inputs as possible and forgoing other imports. I know one friend at least is not going to use any fertilizer this year, for two reasons, drought and the high cost of fertilizer. First, nitrogen fertilizers don't activate unless their is moisture, and after three years of drought, there probably is some nitrogen left over from previous years. Second, fertilizer costs have gone up by triple digits over the past year. He has fertilizer left over from last year, but he won't use it this year, in case next year has better rainfall, while he doesn't expect fertilizer prices to go down this year. It's a bit of a gamble, if the drought does break in the next two months (not predicted to) he will sacrifice yield, but even with high commodities prices, the big trick this year will be surviving until fall when we can finally take advantage of those paydays (if we can, many of the elevators, feedlots etc aren't forward contracting right now because commodity prices are so high, so we can't hedge our bets this year).

          1. Have you seen people trying more rotational crops to naturally enrich your soil? Peas, sunflowers and such.

            1. For decades. They can only be grown for one season at a time, because of disease build up.

              1. Well, yes, but I was specifically meaning a recent rush.

          2. We compost all animal manure from our livestock. It is enough to feed our garden and our many fruit and nut trees and still have some left over. Some livestock are very self-sufficient. Jacob sheep can graze all year long on scubby grasses that other animals won't touch. Chickens can feed themselves if given enough room and not aloud to over populate. Geese are the same way. Goats will eat brush and over growth including Poison ivy and oak as well as black berry brambles and wild roses, they are quite easy to feed. To accomplish this, paddock rotation is a must for all animals.

          3. Drought is now the permanent condition in the central U.S.

            It is only going to get worse as the subsurface soils continue to dry and the irrigation must be halted as a result of the existing aquifer being pumped dry. In many areas it is nearly pumped dry as it is.

            You can thank Libertarians and Republicans for their decades long denial of Global Warming, and the scientific projections that showed this reversion to desert.

            1. Fucking idiot. Climate change is actually forecasted to make the central US wetter. I've sat through literally hundreds of scientific seminars over the past decade and they all agree on this. Drought is not even close to being permanent. In fact when this area was warmer in the past, it was actually swampland and inland seas. It's when it's cooler that it's drier. During the last ice age the central US was much drier than today and had longer droughts. Another idiot who doesn't know the actual science.

              1. And just FYI, every thirty years the central US enters a period of extended drought, with or without drought, we actually were long overdue for one. It should have occurred last decade, which was wetter than average. The last lengthy drought period occurred in the 1980s, the one before that in the 1950s, the one before that late twenties to mid thirties (remember the dust bowl?). If you track precipitation records vs air temperature vs year, you would see the central US has been getting wetter since the end of the 19th century, other than the cyclic drought periods. Drought expands, because dry air and dry soil pushes moist systems away. Drought also shrink in the same reverse order. The Pacific Northwest is getting moisture, the Southern Plains are forecasted to get moisture this fall and winter. This will lead to more moisture in the northern plains. High air temperature actually increases moisture holding capacity of air, which means more precipitation. Humidity is a measure of moisture holding capacity. Air has a much higher moisture holding capacity at 25 C than at 0 C. It's basic physics. The higher the humidity, the more system recharge you get away from coastal areas, the more precipitation you get. It's elementary earth science.

              2. Additionally, the 30 year cycle of drought is actually strongly correlated to water levels in the Great Lakes regions, during high lake levels, drought conditions in the Central plains are worse and longer, when lake levels decrease, we have wetter weather. This is most likely related to lake levels impact on air pressure. Lake levels are currently high, but not forecasted to remain that way. They peaked last year and are lower this year. So this cycle of droughts may be shorter than last cycle. 1980 was actually worse than 1930 and longer period. This cycle is forecasted to be shorter.

                1. He can't help it, his mom still assures him daily that he is cool.

                  And I serious doubt he knows a damn thing about farming or agricultural planning.

                2. Farmer's Almanac is systemic racism.

    2. Ask joe Friday. He knows all about this shit. His projects work out just fine. Why don’t yours?

      1. Joe Friday's projects always have problems. Everywhere the plans call out increments ending with 6" only end up measuring out 3" when he's done on site.

        Interestingly, he always has his wife explain the problems to the clients for him. Apparently, she is a very good liar.

        1. “she is a very good liar”

          Is that what the kids are calling it these days?

      2. I’m sure he’s getting his 50 cent talking points about now

      3. Joe claims to be a contractor. I expects he's a contractor for media matters, rather than a construction contractor.

    3. Better add those escalation clauses.

    4. IF you can even get materials.

      I'm building vertical planters for clients' gardens now and some of my specialty long wood bolts are gonna be unavailable for who knows - I bought extra from last year's stock and hope it is all I need.

      Every other trades acquaintance tells the same story - prices are insane and we're running on old stock.

      1. I have several big fencing projects and would like to use 12.5 or 12 gu smooth wire, for the electric fencing. Currently, no one is carrying it or can order it. I will probably have to use 14 gu instead, which, unless I have a charge running through it, the cows just walk through (and sometimes even if I have a charge running through it).

        1. Good thing we only shut for for two weeks to flatten the curve back in the Spring of 2020 Think of how much worse things would be otherwise.

          1. Really, we're just not sophisticated enough to appreciate just how good the Biden recovery is. Better buy a Prius.

  5. Gotta pretend that inflation is caused by everything but what it's really caused by.

    1. They’ve got that covered (for their base of believers); blame Russia. They’re all buying it.

    2. That is the Libertarian way. Reason exists to produce pro-corporate propaganda for the purpose of increasing the wealth of corporations and reduce the wealth of America's working class.

      In the Propaganda Piece mentioned above they conflate labor price equality with an increase in the cost of labor.

      They know their Libertarian/Republican audience are fools and are easily manipulated.

      How much the Chamber of commerce paid for this little bit of anti-labor propaganda would be interesting to know.

      The Davis-Bacon and Related Acts apply to contractors and subcontractors performing on federally funded or assisted contracts in excess of $2,000 for the construction, alteration, or repair (including painting and decorating) of public buildings or public works. Davis-Bacon Act and Related Act contractors and subcontractors must pay their laborers and mechanics employed under the contract no less than the locally prevailing wages and fringe benefits for corresponding work on similar projects in the area.
      ---

      Reason is the enemy of the working man, as are all Republicans and Libertarians.

      1. Do you think Vendi really believes that he understands this suff?

  6. They are not ignoring it.
    They want to wreck the economy to manufacture an "emergency" so they can rule by decree instead of govern by consent.
    I refer you to the late Communist Chinese Virus responses, and the democrat party platform.

    Remember, remember, the eighth of November.

    1. *4th of November

      The earliest morning hours that killed the hope for representative government and cemented our phase shift into totalitarianism

    2. Is that why Republicans tried to overturn the election of Biden?

      1. You mean overturn massive anonymous ballets that came from unicorns?

        1. VD is too stupid to understand such things as court rulings that found election laws that were changed in swing states were illegal.

          He's still angry that his mom hasn't finished his pop tart sandwich yet.

  7. hopes are high you've learned your motherfucking lesson.

    1. Have you noticed which way the coverage of the two parties has leaned the last couple weeks as Reason gears up for midterms?

      1. Same as it did for the 2020 and 2018 and 2016 and 2014 and 2012 elections?

      2. I *have* noticed. lol.

  8. From what I've heard listening to the radio and podcasts inflation is caused by what they call an inflationary cycle. Greedy corporations raise prices because they're greedy, workers demand more pay, costs go up so prices go up, workers demand more pay... It all starts with the greedy, evil corporations.

    What I never hear anyone say is that money obeys the law of supply and demand, so increasing the supply of money decreases its value.

    Nobody says that. When it's so fucking obvious.

    1. "increasing the supply of money decreases it's value".

      And yet while the American money supply has been greatly expanded over the last two decades, the purchasing power of the dollar has changed much less.

      M2 2000 4.6 trillion Relative Value $100
      M2 2019 40 trillion Relative Value $59.5

      So the U.S. money supply has expanded by a factor of 10, and the value has fallen by only 40.5 percent.

      This tells you that the demand for dollars has increased while the money supply has been expanding, contrary to your assertion.

      And that makes you a Kook.

      1. the value has fallen by only 40.5 percent
        This tells you that the demand for dollars has increased

        Good grief UR retarded.

      2. No, you make you a kook.

  9. I think you're being very charitable when you claim they are "ignoring" it and not that they are "intentionally causing" it.

    1. Milton Friedman called inflation a hidden tax. It taxes away your savings, then then as the number on your paycheck grows you enter higher tax brackets. However you don't have increased purchasing power because while you're being paid more and taxed more, the money is worth less. So you get double fucked.
      There's nothing unintentional about inflation. It's just another way governments rob the people they "serve."

      1. well said

      2. I know we're changing how we claim deductions on operating costs for next year. I've always taken the standard deduction on mileage, because it usually worked out better, but this year we are keeping all our gas receipts because standard deduction doesn't pay with these gas prices.

      3. Higher levels of inflation also act to reduce the effective federal debt.

        5% inflation on 30 trillion equates to an effective reduction of the federal debt by 1.5 trillion.

        The Davis-Bacon and Related Acts apply to contractors and subcontractors performing on federally funded or assisted contracts in excess of $2,000 for the construction, alteration, or repair (including painting and decorating) of public buildings or public works. Davis-Bacon Act and Related Act contractors and subcontractors must pay their laborers and mechanics employed under the contract no less than the locally prevailing wages and fringe benefits for corresponding work on similar projects in the area.
        ---

        Reason is the enemy of the working man, as are all Republicans and Libertarians.

        1. Right. Inflation rewards financial irresponsibility and punishes fiscal discipline.

          And you seem to consider that a good thing

  10. Huh? "Worsen inflation" — How is it possible to worsen something that literally doesn't exist outside the imagination of wingnut.com?

    Because Reason's leading economics expert says the only price increase in the entire country is a 10 cent per pouch hike for spittin' tobaccy. Every other economic indicator (rig count, Warren Buffett Net Worth Index) proves the Biden economy is the best ever.

    #DefendBidenAtAllCosts

    1. If we could only concentrate adequate wealth up top it would finally trickle down properly.

  11. Why stop at 30%? Why not define "prevailing" to mean "paid to the top 10%"? Or top 1%? Clearly not compassionate person would think "prevailing" would mean something like "median" or "mode".

    They could just be up front about it, give every contractor a raise, and admit it's just because they felt like it.

    Sheesh. The way Biden talks about infrastructure, you'd think it was because he actually wanted to complete projects, not helicopter money around the country.

    1. I will believe he actually wants to fix infrastructure when they finally fix highway 16 between Canada and the Wyoming border. As it is, driving to my ranch is like driving on railroad ties.

    2. Why not define "prevailing" to mean zero.

      That is what the Chamber of Commerce wants.... Slave labor.

      Reason's author is paid to promote that idea as well.

      The Davis-Bacon and Related Acts apply to contractors and subcontractors performing on federally funded or assisted contracts in excess of $2,000 for the construction, alteration, or repair (including painting and decorating) of public buildings or public works. Davis-Bacon Act and Related Act contractors and subcontractors must pay their laborers and mechanics employed under the contract no less than the locally prevailing wages and fringe benefits for corresponding work on similar projects in the area.
      ---

      Reason is the enemy of the working man, as are all Republicans and Libertarians.

      1. I always thought the D stood for "douche", but now I believe it stands for "derp".

  12. This is what you voted for you sub human trash

  13. If only we knew Biden was beholden to public sector unions before the election.

    1. And Russian oligarchs and the CCP.

      1. Don’t sell Ukrainian oligarchs short.

        Oh shit, did I just commit treason?

        1. Maybe; were your feet on a desk when you clicked 'submit'?

  14. This is an article so stupid, someone had to write it.

    Taliban break promise on higher education for Afghan girls

    KABUL, Afghanistan (AP) — Afghanistan’s Taliban rulers unexpectedly decided against reopening schools Wednesday to girls above the sixth grade, reneging on a promise and opting to appease their hard-line base at the expense of further alienating the international community.

    The surprising decision, confirmed by a Taliban official, is bound to disrupt efforts by the Taliban to win recognition from potential international donors at a time when the country is mired in a worsening humanitarian crisis. The international community has urged Taliban leaders to reopen schools and give women their right to public space.

    What's the maximum IQ they allow to work in Journalisming?

    1. It's a dynamic scale, linked to height, in inches. 1:1 scale.

    2. Is Afgganistan in a real humanitarian crisis or is the return to Islamic law and the culture it brings the crisis?

      1. Socialists crisis; Islamic return to normal.

    3. The Biden administration is eagerly working with our regional partners to secure equal rights for Afghanistan's abandoned women, once they figure out who's paying the Big Guy his cut.

    4. Whose surprised?

  15. Dems know they're going to take a beating so they're shoveling as much of our money as they can to their allies before the gravy train comes off the rails.

  16. Mahindra Eden The stress of metropolis lifestyles vanishes as you drench your self in a global this is loaded with pleasure and harmony.

  17. Paraphrased, "Dear Taxpayers; Your STOLEN labors WILL NOT be used to shop at discount stores!!! As a matter of fact; We will find the MOST EXPENSIVE store around...."

    Because... [We] (Gov-Guns) mobs are a 3rd Party Buyer and a legal Armed Robber (UN-Constitutional Theft).

    Otherwise well described as a Communist or National Socialist Nation. Growing more Nazi every year since FDR.

    1. No one knows what you are ranting about TJJ2000. You wrote words but they carry ZERO meaning.

      Try again... This time with less mouth froth.

      1. Displaying your ignorance is not a point.

      2. Van"D" camps. "I don't know what anyone is talking about"

        There I fixed it for you.

  18. Because we wouldn't want to deal with inflation by making sure workers have more money to deal with inflation.

    You people's economic theories consist of one policy: kick the working class in the nuts harder. That'll fix it.

    1. No Tony; It's your side that keeps PULLING out GOV-GUNS against the "working class" and kicking them in the Nuts....

      Stealing mountains from working people (Enslaving Them), pocketing 90% of their labors for UN-Earned/UN-Constitutional pet projects of the lazy and unreasonable (ex. Solar), and pretending their 10% spending power is something special.

      Why? Because people on the left play 100% ignorant to the concept of *EARNING* resources but instead pretends *TAKING* things from others is 'giving'....

    2. That's not your money and you didn't earn that.

      1. Nobody ever earned anything. Earning is a story we tell ourselves.

        1. This seals it. You're an idjit.

        2. You're such a totalitarian commie piece of shit, Tony.

        3. "You didn't build that"

          Is that what you and people like VendicarD are telling us?

    3. A government that cared about workers wouldn't rob them through inflation in the first place, pinhead.

      -jcr

      1. The government is not purposely imposing a higher cost of goods.

        1. It may not be purposely doing so, but it's actions are raising costs for everyone. It doesn't matter if that is what they meant to do or not. It is exactly what they are doing.

    4. Raising wages when inflation is already heating up and sustained, just creates more inflation.

      1. Especially, when it's government raising wages by deficit spending.

      2. When should wages rise? Ever?

        1. Wages should raise as the economy raises, not by government fiat, and not by government deficit spending. Wages are like any other commodity, when demand is high, prices increase, when demand is low, wages decrease. The economy really isn't doing well, yes it's grown, but most of that can be attributed to increase prices, and decreased dollar value. If adjusted for inflation the economy is definitely stumbling right now and has been for at least six months. Profit margins, as percentage of expenditures haven't really increased, but many corporations are reporting record profits, mainly because of decreased dollar value, but they haven't really changed their percentage of profit margin, i.e. 2% of 100 dollars is smaller than 2% of 200 dollars. That is what has happened over the last year.

        2. When you do a better job.

          1. Capitalism is also about selling your own talent. If you produce more than other workers, you get paid more. Why should someone flipping burgers get paid 15 $ an hour, those jobs are for kids, they were never meant to be a career. If you want more money, apply yourself.

    5. Yeah, tony pay people with their own money and call yourself a hero.

    6. That is exactly right Tony. All libertarian organizations like Reason, exist to produce pro-corporate propaganda paid for by corporations. The purpose of the propaganda is to increase the profits and political power of corporations over the interests of the working people.

      It is no coincidence that the grand daddy of Libertarian Stink Tanks is the CATO institute, which was created by the Koch family and was originally called the Koch institute.

      In this case the attack on the Davis Bacon act is because ...

      The Davis-Bacon and Related Acts apply to contractors and subcontractors performing on federally funded or assisted contracts in excess of $2,000 for the construction, alteration, or repair (including painting and decorating) of public buildings or public works. Davis-Bacon Act and Related Act contractors and subcontractors must pay their laborers and mechanics employed under the contract no less than the locally prevailing wages and fringe benefits for corresponding work on similar projects in the area.
      ---

      Reason is the enemy of the working man, as are all Republicans and Libertarians.

      1. Maybe if you scream it louder?

  19. I was thinking it was time for an excellent reminder of Brandon's previous kickback schemes, and JTN had just the ticket:

    Don't forget the Great Reset with Russia, and how much money funneled to Obama, Biden and Clintons from it.

    https://justthenews.com/accountability/russia-and-ukraine-scandals/thururanium-oil-and-technology-how-russia-got-stronger

  20. Appoint Ron Paul as the head of the federal reserve. He'll stop inflation overnight.

    Once there's a lid on it, the right thing to do is deflate the currency at a steady, predictable rate until the USD returns to 1/16 of a troy ounce of gold, and then to abolish fiat currency in these United States, as the constitution requires.

    -jcr

    1. WHAT is this "constitution" thing all the people here keep referring to?

  21. Over the past 40 years all other expenses have inflated, except wages, especially for non-college educated workers. The result “wage deflation” for 40 years and blue-collar workers have suffered disproportionately.

    The elites have largely ignored this wage deflation. When GM laid off thousands during Christmas decades ago, the elites largely ignored it. When white-collars started getting laid off, the elites were demonstrating in the streets.

    Especially non-college educated blue collar working could use some wage-inflation. They’ve been underpaid for almost 50 years - they build your homes, cars, fix your plumbing and air conditioner. There is gross wage-inflation in the elite class of workers, for some workers.

  22. Techiespost is the Best Blogging website for the latest news in technology. From smartphones, laptops, tablets and digital cameras to gadgets like smart watches, wearables, drones and 3D printing. We cover all the latest happenings from national as well as international
    https://techiespost.com/
    https://techiespost.com/steps-for-aka-ms-remote-connect/

  23. America’s economic data system is somewhat flawed. For example: in some zip codes there has been essentially a Great Depression for decades. So particular zip codes have unique issues not covered by the one-size-fits-all data system. Let’s start here.

    1. This doesn't just apply to wages and economics, it's everything. Many conservation and environmental programs are a one size fits none approach as well. You can't manage Eastern Virginia the same way you manage Northeast Montana, or the same way you manage the northern Rockies, but that doesn't stop the federal government from trying.

    2. and if you live there and don't like it you can always move. we have 50 states each with different economies & values. make your choice.

  24. Gimme. More.

  25. nothing matters but the leftist narrative

  26. Drive greater dependence on the Government. Spend more. Make Government bigger and more powerful. That is the only objective.

  27. You want to talk panic reactions to self-inflicted crises, check the EU agricultural board begging for an end to environmental laws.

    https://www.eupoliticalreport.eu/eu-to-increase-food-production/

  28. Damn that Biden administration for victimizing every other developed country and the rest of the world into having higher inflation than the USA does.

    1. Just because inflation is worse in other places doesn’t mean it’s not happening here or that the Democrats insistence on spending over 6trillion dollars last year (nevermind their shotgunning the economy in the nuts and then trying to curb stomp it since 2020) isn’t a contributing factor. In the United States.

      (Oh, and maybe it’s horrible everywhere because other countries followed the same stupid playbook of fuck the economy and money printer go brrrr.)

  29. Biden is an economic illiterate. Everyone knows that.

  30. What is the difference between this Biden ruled economy and government, and a kleptocracy?

    1. A kleptocracy is a functional form of government. Electing Napoleon’s Mule to run things because he has met all the world leaders already is not.

  31. “In a notice published on March 18, the Department of Labor announced that it would begin the process of updating its interpretation of the Davis-Bacon Act, the 1931 federal law requiring that so-called "prevailing wages" be paid to government contractors.”

    It wouldn’t be a day ending in y if the Biden Administration wasn’t doing something overtly racist.

  32. Obviously Sloppy Joe whose communication skills are indicative of his lack of intellect and memory retention, is not going to convey any information about his failing domestic policy for fear of being told to stay in the basement.....He and Harris are possibly the worst representation the US has had in it's history of incompetent leadership, between the two there is a disparity of sentence meaning and verbal communication.....Sanctions do not deter...Biden recent......Word salad mumbo jumbo....Harris

  33. Biden admin considering using the National Defense Production Act to bypass environmental concerns in sourcing domestic.

    Lithium mines in West VA to save the environment via green cars!

    https://theintercept.com/2022/03/24/biden-defense-production-act-green-energy/

  34. Some games have a lot of ads or are very difficult to play. This is why people need some unblocked games where they can enjoy themselves without getting frustrated.

    There are many websites that provide unblocked games. Most of these sites make use of the latest technologies to make sure the user has a good experience while playing the game.
    https://www.mygeekshelp.com/basketball-legends-unblocked-games/
    https://www.mygeekshelp.com/how-to-play-tyrones-unblocked-games-in-website/

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