Yes, inflation has been going down, down, down since 6/30/22 ! The rate of inflation for the year ending: 6/30/2022 was 9.1% 7/31/2022 was 8.5% - down 1/31/2023 was 6.3% - down 2/28/2023 was 6.0% - down 3/30/2023 was 5.0% - down 4/30/2023 was 4.9% - down 5/31/2023 was 4.0% - down 6/30/2023 was 3.0% - down Jobs added: 370,000 in June 2022 with a 3.6% unemployment rate ! 568,000 in July 2022 with a 3.5% unemployment rate ! 352,000 in August 2022 with a 3.7% unemployment rate ! 350,000 in September 2022 with a 3.5% unemployment rate ! 324,000 in October 2022 with a 3.7% unemployment rate ! 290,000 in November 2022 with a 3.6% unemployment rate ! 239,000 in December 2022 with a 3.5% unemployment rate ! 472,000 in January 2023 with a 3.4% unemployment rate ! 248,000 in February 2023 with a 3.6% unemployment rate ! 217,000 in March 2023 with a 3.5% u...
The Inflation Reduction Act is a HUGE win for the climate and the American people. Some of the key provisions include: For the auto industry - The new bill would eliminate the current tax credit cap on purchasing an electric vehicle and extend the tax credit until 2032; used cars would also qualify for a credit of up to $4,000. This overall promotes the shift from fossil fuel based engines to battery/electric vehicles. For the energy industry - the bill would provide billions of dollars in rebates for Americans who buy energy efficient and electric appliances as well as tax credits for companies that build new sources of emissions-free electricity, such as wind turbines and solar panels. The package also sets aside $60 billion to encourage clean energy manufacturing in the United States. The bill also requires businesses to pay a financial penalty per metric ton for methane emissions that exceed federal limits starting in 2024. For low-income communities - the bill wou...