This is Good News Friday, where we find some good economic, energy, and environmental news and share it with PP readers. Please send any positive news to [email protected] with subject header “Good News Friday.” We will save and post weekly. Enjoy!
Colorado teachers are among the lowest-paid in the country, earning an average of $46,155 in 2016 — ranking Colorado 46th in average teacher pay, according to the National Education Association. The state also spends about $2,500 less per student each year than the national average. The new deal would boost starting pay for teachers by 7 percent, but the average pay raise for all educators, nurses, and counselors will be 11.7 percent.
Securing a room at the right nursing home may take months, but Robison said reservations for quality customer service can be made now.
“$5-worth of tips a day and you'll have the entire staff scrambling to help you,” Robison said. “They treat you like a customer, not a patient.”
I don’t want to spend much space in this column reviewing the various provisions of this new legislation. You can read the full analysis of it by the Social Security Administration’s chief actuary here. The actuary’s main finding is that the new legislation would assure that the Social Security trust fund would be solvent for at least the remainder of this century.
Dollars On The Margins (jdargis)
A $15 minimum wage is an antidepressant. It is a sleep aid. A diet. A stress reliever. It is a contraceptive, preventing teenage pregnancy. It prevents premature death. It shields children from neglect. But why? Poverty can be unrelenting, shame-inducing and exhausting. When people live so close to the bone, a small setback can quickly spiral into a major trauma. Being a few days behind on the rent can trigger a hefty late fee, which can lead to an eviction and homelessness. An unpaid traffic ticket can lead to a suspended license, which can cause people to lose their only means of transportation to work. In the same way, modest wage increases have a profound impact on people’s well-being and happiness. Poverty will never be ameliorated on the cheap. But this truth should not prevent us from acknowledging how powerfully workers respond to relatively small income boosts.
Frequent infusions of Wall Street capital have sustained the U.S. shale boom. But that largess is running out. New bond and equity deals have dwindled to the lowest level since 2007. Companies raised about $22 billion from equity and debt financing in 2018, less than half the total in 2016 and almost one-third of what they raised in 2012, according to Dealogic.
Renewable energy is also part of the larger story of GM in regards to our goal of zero crashes, zero emissions, and zero congestion.
The zero carbon resources align nicely because they support electrification.
The announcement came earlier today in a press release, in which Fiat Chrysler said it will create nearly 6,500 new jobs as it spends all of that cash on a new plant, and on adding production capacity to five existing facilities.
“Electromobility and Porsche go together perfectly; not just because they share a high-efficiency approach, but especially because of their sporty character,” Porsche AG board chairman Oliver Blume said in a statement.
Gold & Silver
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