BIG JOE GIVES THE 1%ers / HIGH-ROLLER$ BOTH BARRELS!!!!!!

"With federal taxpayer dollars flowing in to plug orphaned and abandoned oil and gas wells, the Appalachian region could see thousands of jobs created in the next few decades.

A report from the Ohio River Valley Institute argues that Pennsylvania, Ohio, West Virginia and Kentucky could create 13,000-16,000 direct jobs with $1.3 billion in federal funds to
reduce methane. The reductions would come from monitoring and repairing equipment, along with plugging old orphaned oil and gas wells scattered across Northern and Central Appalachia.

The money for this initiative comes from the Infrastructure Investment and Jobs Act and the Inflation Reduction Act: about $200 million would go to Kentucky, $288 million to West Virginia, $366 million to Ohio, and $490 million to Pennsylvania."

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"With federal taxpayer dollars flowing in to plug orphaned and abandoned oil and gas wells, the Appalachian region could see thousands of jobs created in the next few decades.

A report from the Ohio River Valley Institute argues that Pennsylvania, Ohio, West Virginia and Kentucky could create 13,000-16,000 direct jobs with $1.3 billion in federal funds to
reduce methane. The reductions would come from monitoring and repairing equipment, along with plugging old orphaned oil and gas wells scattered across Northern and Central Appalachia.

The money for this initiative comes from the Infrastructure Investment and Jobs Act and the Inflation Reduction Act: about $200 million would go to Kentucky, $288 million to West Virginia, $366 million to Ohio, and $490 million to Pennsylvania."

What kind of nonsense Democrat job creation plot is this? Rob the US treasury of hundreds of millions of dollars to pay minimum-wage workers to destroy oil and gas wells formerly used to make the US energy independent?
 
"Housing experts said the deal, and the expected savings for homeowners, could trigger one of the most significant jolts in the U.S. housing market in 100 years. “This will blow up the market and would force a new business model,” said Norm Miller, a professor emeritus of real estate at the University of San Diego.

Americans pay roughly $100 billion in real estate commissions annually, and real estate agents in the United States have
some of the highest standard commissions in the world. In many other countries, commission rates hover between 1 and 3 percent. In the United States, most agents specify a commission of 5 or 6 percent, paid by the seller. If the buyer has an agent, the seller’s agent agrees to share a portion of the commission with that agent when listing the home on the market."

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There is a dumb remark from someone who has no clue whatever about the vast fortunes of the fatcats. No one is advocating that they pay more than around 36%of their incomes to the IRS.
Confiscating obscene amounts from American businessmen to fund leftist foolishness and welfare, including paying the living expenses of millions of illegals, is an economy damaging Marxist concept.
 
"Job creation in March easily topped expectations in a sign of continued acceleration for what has been a bustling and resilient labor market.

Nonfarm payrolls increased 303,000 for the month, well above the Dow Jones estimate for an increase of 200,000 and higher than the downwardly revised 270,000 gain in February, the Labor Department’s Bureau of Labor Statistics reported Friday."

 
"Record numbers of people are starting new businesses, and more and more of them are women and minorities, according to a new study.

New business applications jumped in 2020 as the pandemic started, and have continued to be filed at a record pace. More than 5 million applications were filed in 2021 and 2022 and a record 5.5 million new business applications were filed in 2023."

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"Fewer Americans applied for unemployment benefits last week as the labor market continues to hold up despite higher interest rates imposed by the Federal Reserve in its bid to curb inflation.

The Labor Department reported Thursday that unemployment claims for the week ending April 20 fell by 5,000 to 207,000 from 212,000 the previous week. That's the fewest since mid-February."

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Grocery Prices Are Finally FALLING!!!!!
May 15, 2024
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"Food shoppers can finally breathe a slight sigh of relief: After years of increases followed by months of plateau, grocery prices fell last month.

Grocery prices retreated 0.2% from March to April, adjusted for seasonal swings, according to inflation data released Wednesday by the Bureau of Labor Statistics.

In that year-long period, a number of individual items got cheaper: Ham fell 3.4%, cheese dropped 3.3% and fish and seafood, along with potatoes, decreased 2.1%. Coffee prices went down 2%. Milk slipped 1.2%, and rice ticked down 1%.

Two items saw notable drops: Apples, in the wake of a supply glut last year, plunged 12.7%. And eggs, last year the poster child for rising prices, were down 9%, continuing a more recent downward trend."

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