What’s going on at Joe Biden’s Border!?

“there are a lot of factors that have nothing to do with Biden pushing migration higher. However, the level of increase, and evidence from on the ground, make clear that Biden is also a factor. I’ll split the Biden effect into two related mechanisms: perceptions and policy.”

“That migrants perceived their chances as better under Biden has been attested to by several interviews of migrants. They thought Biden would let them stay, but they were misinformed…and therefore sent back. Based on some of these interviews, it seems like some migrants have really gotten their hopes up due to Biden. That’s sad. Sad because these are false hopes, and sad because nothing Biden did should have given them that much hope. Smugglers have lied to people, telling them they could get across now, but they are usually returned in disappointment. One woman wailed while being sent back across the border, “Biden promised us!” But…he did not.”

“did Biden’s foolish policies allow a massive surge of migrants? No. Biden’s role in total migration numbers is the perception of him being more open than Trump, which there wasn’t anything he could do about. On the influx of unaccompanied children, Biden policy did at least partially cause this because: by taking unaccompanied children into the country to process their claims while at the same time returning families to the border, he created an incentive for desperate people to send their children alone.

However, much of the jump in numbers isn’t the result of Biden coming or Trump leaving. The numbers follow seasonal patterns of migration. Seeing huge month to month jumps is misleading because it ignores that there are usually huge month to month jumps at this time of year. Comparing to 2020 is misleading because Covid-19 made it a suppressed year. The best comparison is to 2019, where we see migration following the same seasonal pattern under Trump.

The elevation above those numbers is likely caused by: pent up demand due to Trump and Covid restrictions keeping people out and at the Mexican border, people crossing multiple times because they’re sent directly to the border rather than being fully processed due to Covid protocols, push factors like two record breaking hurricanes and Covid, as well as the perception that Biden would be nicer to migrants.

As far as criticisms of Biden go, this has nothing to do with open border policies because Biden doesn’t have open border policies. This has nothing to do with Biden advertising himself as opening the borders because he has been doing the opposite. Big general criticisms that blame this surge on Biden are nonsense. Criticisms more focused on removing remain in Mexico or on allowing unaccompanied children across the border but not families, may be valid, but these policy changes didn’t cause the current surge in migration.”

After four years of inaction, the EPA is finally regulating this superpollutant

“HFCs have only been used in appliances since the 1990s, as a replacement for ozone-depleting chemicals, but their use has grown at a terrifying rate. While HFCs still only comprise about 1 percent of total greenhouse emissions, they are thousands of times better at trapping heat than carbon over a 20-year period.”

“another big task awaits for President Joe Biden to rein in HFCs: ratifying the 2016 Kigali Amendment, the global agreement to phase down these dangerous chemicals by 85 percent before 2050. It’s one of many amendments that has been added to the Montreal Protocol since 1987, a treaty that has been used to phase out ozone-depleting chemicals.
Every one of these amendments was ratified and implemented successfully by the US —except Kigali, the one that came along just as Trump and Republicans took power and brought climate action to a standstill.”

Lumber mania is sweeping North America

“When the pandemic hit in the spring of 2020, many people in the lumber industry assumed business was about to go sour. Millions of people were out of work, businesses across the country were shuttered, and the country was in a recession. And so, producers reacted accordingly.

“They really dialed back, thinking that demand would fall, and the reality is that demand never slowed,” said Dustin Jalbert, senior economist and lumber industry specialist at Fastmarkets RISI.

Instead, things sped up. People stuck at home because of Covid-19 shutdowns across the country decided it was a good time to take on home improvement projects repairing and remodeling their homes — they put up fences, added on decks, built out offices, refinished basements. The DIY trend helped drive stellar sales numbers at stores such as Home Depot and Lowe’s.

Many of those who weren’t busy fixing up their homes went looking for new ones. And where they couldn’t find preexisting homes, they started to build. Whatever initial slowdown there may have been in construction pretty quickly subsided. “Us being capitalist America, if people want to buy a house because they want to move out of the city and move to the suburbs, someone will build it for them. They’ll figure out a way,” said Michael Wisnefski, CEO of MaterialsXchange, an online marketplace for lumber and plywood.”

“demand isn’t just surging in North America; it’s also up overseas, which further strains the industry.”

“Finding lumber workers was challenging pre-Covid-19; during the pandemic, it’s been even harder. Sawmills have had a hard time staffing up and adding shifts, not only because of Covid-related restrictions and safety measures but also because a lot of people don’t want to work those types of jobs. Some people I spoke with suggested expanded unemployment insurance, which adds an extra $300 a week onto state benefits until September 6, may also be a factor — though, of course, sawmills are making so much money now they might be able to afford to pay workers more and court them back.”

“He notes that many people just don’t understand how hard it is to get a sawmill up and running. “They’d like to see our industry respond to these prices and make new lumber, but a new sawmill today is $100 million, it takes two years to build, and there’s no guarantee you’re going to have the raw materials to run it.” Plus, who knows how long this current surge will last.”

“For his part, Barber, in Canada, isn’t seeing much of a bump in his paycheck. “The price of lumber has gone way up, the mill’s making a lot more money, but they’re not paying us any more,” he said. “It’s funny how that works.””

What’s going on at Joe Biden’s Border!?–Video Sources

Joe Biden’s immigration agenda overshadowed by migrant challenges in first 100 days Rebecca Morin. 4 29 2021. USA Today. https://www.usatoday.com/in-depth/news/politics/2021/04/29/bidens-100-days-immigration-agenda-overshadowed-migrant-challenge/4821671001/ Biden to push citizenship for US illegal immigrants in speech despite surging border crisis Steven Nelson. 4 28 2021. New York Post. https://nypost.com/2021/04/28/biden-to-push-citizenship-for-illegal-immigrants-in-speech-amid-border-crisis/

The home sales boom means you might end up renting

“Some 5.6 million single-family homes sold last year — more than at any time since the housing bubble — and the prices of those homes were up 9 percent from a year before, according to the National Association of Realtors. The organization expects average housing prices to go up another 9 percent this year — another huge jump from the typical 3-5 percent annual price growth and far above the rates at which people’s income is rising.

Though not the root cause, the pandemic did accelerate those costs, as schooling and working from home made having a nice, large living space all the more important.

“It has reminded us all of the importance of home and how essential it is to have a safe space of shelter from the outside world,” Zillow Group principal economist Chris Glynn told Recode.

The pandemic also allowed subsets of Americans who remained employed — usually those who were more gainfully employed in the first place — to save money for a downpayment, as there was less for them to spend their money on.”

“The reasons are demographic as well. Millennials, who make up the largest living cohort, have arrived at the age where they’re forming new households and buying their first and even second homes (though that milestone happened later than in previous generations). And as millennials with growing families flock to the housing market, the supply of homes has not been enough to keep up.

Many people, including older Americans who don’t move as much as young ones or who were afraid to let people visit their homes in the pandemic, are holding onto their homes longer, meaning many existing homes — which make up the vast majority of home sales — have not been entering the market.

Additionally, new home construction, though it has ramped up lately, has been depressed since the Great Recession devastated the construction industry. High lumber prices are also delaying and driving up the cost of new housing.

Finally, investor interest in renting out single-family homes as an asset class has led them to buy up much of the housing stock that individuals once would have. Buying homes to rent means there are fewer to buy to live in, which, by extension, has led more potential buyers to rent.”

Why there’s talk about China starting a war with Taiwan

“No American president has had to choose whether to go to war to defend Taiwan against a Chinese military invasion. President Joe Biden might have the decision thrust upon him.

The outgoing commander of US forces in the Indo-Pacific region, Navy Adm. Philip Davidson, told US lawmakers in March that he believes Beijing will attempt a takeover of the neighboring democratic island — which it considers part of mainland China — within the next six years. Davidson’s successor, Navy Adm. John Aquilino, expressed a similar concern days later.”

“The four-stars’ predictions aren’t wholly shared by everyone in the administration. “I’m not aware of any specific timeline that the Chinese have for being able to try and seize Taiwan,” said one senior US defense official, who, like others in the administration, spoke on condition of anonymity to discuss a sensitive foreign policy issue.”

“Experts I spoke to also felt Davidson and Aquilino’s claims are too alarmist and may be in service of trying to boost defense spending for operations in Asia.

But all agree that China is a more credible threat to Taiwan today than in the past. Beijing flaunts it, too. In recent weeks, China sent 25 warplanes through the island’s airspace, the largest reported incursion to date, and had an aircraft carrier lead a large naval exercise near Taiwan.”

Americans Overpay for Biden’s ‘Buy American’ Plan

“When the transit agency that serves Washington, D.C., replaced its aging trains during the last decade, it ended up paying about $400 million more than global averages—the equivalent of an additional 150 cars.

One major reason for the higher costs, according to economists with the American Action Forum who studied the D.C. Metro’s procurement process, was a federal mandate first imposed in 1982. It requires that equipment purchased by federally subsidized transit agencies contain at least 60 percent American-made components.”

“The cost of “Buy American” provisions can be significant. An analysis by the Peterson Institute for International Economics, a pro-trade think tank, found that “Buy American” rules on the books in 2017 cost taxpayers $94 billion that year—$745 per household.”

“Overpaying for subway cars didn’t make the D.C. Metro safer or more efficient. All it did was force riders and taxpayers to spend more for less. The same will be true of Biden’s policies.”