On Monday, Phoenix reached a miserable milestone: It was the first time since 1974 that it had 18 days in a row of 110-degree or more temperatures. On Tuesday, it was poised to break that 49-year-old record and hit Day 19. The forecast called for a high of 115 degrees Fahrenheit.
People in the Southwest are used to brutal summers. Phoenix has had plenty of days that soar past 100 degrees. Water misters spritz patios, and neighborhoods and playgrounds clear out in the midday sun. Monsoons usually sweep through with refreshing relief. But this stagnant summer is testing even the hardiest, and putting many more people at risk.
My wife’s cousin is in town. She watched our kids for two hours. Me and my wife had date night. Checked out this really cute outdoor cafe. Coffee was okay but they did a lot of work on their water feature and it shows.
The past 15 years have also witnessed a decline in the amount of money Americans must set aside to service their debt. The household debt servicing ratio has fallen steadily from 13.2% of disposable income in 2007 to 9.6% at the end of the first quarter of 2023. While falling interest rates have been important to that outcome, they only account for part of the decline in debt-servicing costs. To wit, as the Fed raised rates by five percentage points over the past 18 months, household debt-servicing costs only rose by 1.5 percentage points of disposable income. That is considerably less than would have been the case if the total stock of debt were at pre-2008 levels and if the fraction of adjustable-rate borrowings had not fallen sharply oversince.
There are Christians who oppose it including the Vatican itself, but Christianity is a Religion group from the protestants to the Catholics to the sevrell orthodoxies which all hold either Pro or negative stances to it. On top to it, the two biggest Christan churches work vary Independently in each country.
Also saying it’s their Christan belief is a bullshit excuse to be bigot’s.
Raises for lower-income workers were particularly strong in early 2023. Restaurants, hotels and similar businesses hired at a brisk pace to cater to customers eager for services that were limited initially in the Covid-19 pandemic. While leisure and hospitality employment gains have slowed in recent months, workers in the industry saw their hourly pay rise faster than overall wage growth and inflation.
Wages for manufacturing and business-services workers are also outpacing inflation. Pay gains have been narrower in the tech-heavy information sector, where several large companies have cut staff.
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