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IPFS News Link • Biden-Harris Deep Fake Administration

Yet Another Biden Regulation Will Increase Costs and Promote More Inflation

• https://mishtalk.com, By Mish

Davis-Bacon Act Changes

The Biden administration is redefining the Davis Bacon act, so that your tax dollars buy fewer and fewer services.

The DavisBacon Act of 1931 is a United States federal law that establishes the requirement for paying the local prevailing wages on public works projects.

A change in how prevailing wages are defined will drive up the costs of anything government touches. The cost of wind turbines, EV charging stations, road repairs, and everything federal construction project will rise as a result.

Free Raises for Everybody. Not.

The Wall Street Journal reports Free Raises for Everybody. Not.

"We are updating this law and giving workers across the nation a raise," Vice President Kamala Harris proclaimed last week. She cited a heavy-equipment operator on federally funded construction projects in Allegheny County in Pennsylvania who would see his pay increase to $28 an hour from $17.

The new rule lets DOL adopt prevailing wages determined by state and local governments rather than contractor surveys. That means Big Labor's friends in Albany and Sacramento will be able to dictate wages on public works. Prevailing wages in metro areas will also cover nearby rural counties where wages are typically lower.

The new rule extends the mandate to broadband, solar panels, wind turbines and electric-vehicle charging stations that are financed in part by Washington. Semiconductor firms receiving federal grants for new factories will have to pay construction workers the new prevailing wage.


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