First 2 posts talking about dire economic situations link to NYT and CNN. Can we please stop talking about how the āmainstreamā covers up for Biden?
Fortunately the additional $1,000 to $1,600 per child additional Child Tax Credit implemented in the American Rescue Plan (no thanks to the Republicans, who voted against it) will more than offset these increases.
My electricity has gone up almost every year for the last 15 years. So cal Edison is a private company. Through 3 adminsā¦ and the prices have never gone down.
Just wait until millions begin literally starving thanks to elevated energy costs.
The world is facing the prospect of a dramatic shortfall in food production as rising energy prices cascade through global agriculture, the CEO of Norwegian fertilizer giant Yara International says.
āI want to say this loud and clear right now, that we risk a very low crop in the next harvest,ā said Svein Tore Holsether, the CEO and president of the Oslo-based company. āIām afraid weāre going to have a food crisis.ā
Speaking to Fortune on the sidelines of the COP26 climate conference in Glasgow, Holsether said that the sharp rise in energy prices this summer and autumn had already resulted in fertilizer prices roughly tripling.
In Europe, the natural-gas benchmark hit an all-time high in September, with the price more than tripling from June to October alone. Yara is a major producer of ammonia, a key ingredient in synthetic fertilizer, which increases crop yields. The process of creating ammonia currently relies on hydropower or natural gas.
āTo produce a ton of ammonia last summer was $110,ā said Holsether. āAnd now itās $1,000. So itās just incredible.ā
Government offering handouts have caused these bubbles and we all know what happens when these propped up economic bubbles burst. Doesnāt look too good.
Re-post this in about 60 days when $1,600.00 ran out with the heating fuel tank. LOL
Feeding a family and keeping them warm this winter wonāt be thanks to JāBidenās āChild Tax Creditā