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Wednesday, March 31, 2021

Daily Digest 3/30 – ‘Fiasco Waiting To Happen’: Millions At Risk Of Losing Power Over Unpaid Bills, The “Unvaccinated” Question

Economy

US Reports Most New COVID Cases In A Month With Blue States In The Lead

At this point, the spread of SARS-CoV-2 and the various mutant strains has been accelerating for five weeks as restrictions on businesses and movement have been relaxed. Over in the US, which ceded its position as the worst outbreak in the world to Brazil back in February, when the 7-day average for Brazil’s daily tally per million population topped the US’s for the first time.

Climate Change: How much did it cost US economy in 2020?

The year 2020 saw a record number of costly hurricanes, wildfires, and storms, resulting in billions of dollars in damages.

Since records began in 1980, billion-dollar climate disasters have become much more frequent, and in total have cost the US economy $1.875tn over those four decades, according to the National Oceanic and Atmospheric Administration.

‘Fiasco Waiting To Happen’: Millions At Risk Of Losing Power Over Unpaid Bills

Millions of people are at risk of losing electricity in the coming weeks because of unpaid power bills, even as Congress has authorized billions of dollars in supplemental relief.

Overdue power bills have mushroomed during the pandemic as job losses mounted and residential power consumption soared.

IRS delays IRA, health savings account contribution deadlines until May 17

Americans have until May 17 to contribute to their individual retirement accounts and health savings accounts — the same day that federal income taxes are due, the Internal Revenue Service said Monday.

The policy change gives individuals an extra month to make contributions to their individual retirement accounts for 2020, including IRA and Roth IRAs, health savings accounts, Archer Medical Savings Accounts and Coverdell education savings accounts. The deadline was originally April 15.

The “Unvaccinated” Question

So, the New Normals are discussing the Unvaccinated Question. What is to be done with us? No, not those who haven’t been “vaccinated” yet. Us. The “Covidiots.” The “Covid deniers.” The “science deniers.” The “reality deniers.” Those who refuse to get “vaccinated,” ever.

There is no place for us in New Normal society. The New Normals know this and so do we. To them, we are a suspicious, alien tribe of people. We do not share their ideological beliefs. We do not perform their loyalty rituals, or we do so only grudgingly, because they force us to do so. We traffic in arcane “conspiracy theories,” like “pre-March-2020 science,” “natural herd immunity,” “population-adjusted death rates,” “Sweden,” “Florida,” and other heresies.

President Biden intends to pay for the $2 trillion package of infrastructure spending he will propose on Wednesday with a substantial increase in corporate taxes, people briefed on the plan said Tuesday.

The scale of the infrastructure program — one of the most ambitious attempts in generations to shore up the nation’s aging roads, bridges, rail lines and utilities — is so big that it will require 15 years of higher taxes on corporations to pay for eight years of spending, they said.

Gold & Silver

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The post Daily Digest 3/30 – ‘Fiasco Waiting To Happen’: Millions At Risk Of Losing Power Over Unpaid Bills, The “Unvaccinated” Question appeared first on Peak Prosperity.



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