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The primary impact was in fiscal year (FY) 2021, with a smaller impact in FY 2022. No Republicans in the House of Representatives or the Senate voted for the Rescue Act. Biden followed-up with the Infrastructure Investment and Jobs Act, signed into law in November 2021. It authorized infrastructure investment of $1 trillion total over a decade ...
The reason given is: No new data from the past 12 years (ignoring the difficult to read graphs up to 2021 labeled "Inflation of the dollar"), but prices of many foods along have increased 2-4x or more as one example, but pay isn't increasing at all for most people. The actual inflation numbers would be interesting..
At the beginning of the 2023 legislative session, Moore introduced the Fair Wage Act, a bill that would accelerate the state's minimum wage build-up to reach $15 an hour by October 2023 [198] [321] and index the minimum wage to the consumer price index starting in July 2025, with increases capped at five percent per year. [222]
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Growth was driven by the extractives sector which, helped by robust demand from China, expanded by 6.9% in 2020 (compared to 1% in 2019). Meanwhile, non-mining sectors contracted by 1.6% (vs. growth of 5.7% in 2019) due to pandemic-related mobility restrictions, weaker trading activities and constrained government spending.
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