Economy
DNC Moves Convention Online, Milwaukee Businesses Lose Out

The Democratic National Committee announced Wednesday that the August convention where former Vice President Joe Biden is expected to accept his party’s nomination, is being moved mostly online and delegates should not plan to attend in person. For many businesses in the area, the decision means losing out on a highly profitable week they were banking on following COVID-19 lockdowns.
The New York Times, citing party officials, reported that the convention will be moved from Milwaukee’s professional basketball arena. Moreover, state delegates will be asked to not travel to the event over health concerns.
The Wisconsin city will still be the base for much of the live streaming and virtual events. The host site was moved from the Fiserv Forum to the Wisconsin Center.
Democrats will hold an almost entirely virtual presidential nominating convention in Milwaukee in August using live broadcasts and online streaming, party officials say. Joe Biden will accept the nomination in person. https://t.co/i2aNq7BWtE
— The Associated Press (@AP) June 24, 2020
“Milwaukee would anchor the events for the week,” the DNC press release says. “Programming would include both live broadcasts and curated content from Milwaukee and other satellite cities.”
The release adds that Biden will still travel to Wisconsin and accept the title in person. “Vice President Biden intends to proudly accept his party’s nomination in Milwaukee and take the next step forward towards making Donald Trump a one-term president,” said Biden Campaign Manager Jen O’Malley Dillon.
The drastic decrease in expected guests means a lessened need for hotel rooms, meals, and shopping.
“John Vassallo, the owner of Mo’s, A place for Steaks and Mo’s Irish Pub was expecting a sell-out week during the convention and a busy few weeks leading up to it as guests arrived,” according to an interview by local station TMJ-4. “The scaled down convention now means less guests and all auxiliary events, including state delegation parties connected to the convention, have been canceled.”
Vassallo goes on to say that he lost several buyouts, and great amounts of walk-in traffic. “We were expecting the busiest year, busiest 30 days since 2008,” said Vassallo.
With DNC downsizing, Milwaukee-area hotels and other businesses are again being clobbered by pandemic https://t.co/1SA6WHvbPs
— Journal Sentinel (@journalsentinel) June 25, 2020
After weeks of closed inside seating and trying to survive on take-out orders, Milwaukee restaurants are struggling. In fact, the Milwaukee Journal Sentinal is keeping a running list of Milwaukee restaurants that have had to close permanently. At the time of publishing, this list had ten restaurants closed forever.
As Democrats celebrate Biden in August, local businesses will see much less profit after months of struggling through lockdown orders.

Economy
Democrats passed $7,500 Electric Vehicle Tax Credit, then prices were immediately raised

A recent scenario at the Ford Motor Company is the perfect way to explain what Democrats are doing to this country when they pass bills for our “benefit.” On August 9, Senate Democrats passed a bill they praised, which included a $7,500 federal electric vehicle tax credit.
Shortly after, Ford raised the price of its electric car. By how much? $7,000. What a coincidence. “The base model of the 2023 F-150 Lightning pickup will now cost $47,000, up from it’s original price of $40,000, according to CNN.”
Daily Caller News Foundation reports ”More expensive models, such as the XLT High/Extended Range and the Lariat Extended Range have increased in price by $8,500, while other F-150 Lightning designs vary between $6,000 to $7,000 in price increases, according to the Detroit Free Press.”
The price change was attributed to “significant material cost increases and other factors,” CNN noted. Despite the changes, the increase will not impact those currently waiting for delivery of their vehicles, but impacts those who have reserved but not yet ordered the truck, CNBC reported.
But don’t just blame Ford for being forced to dance with the Democrats. General Motors also just announced it will increase the price of its electric model of the GMC Hummer. The cost will go up by $6,250, CNN reported.
The Daily Caller adds:
With eligibility and tax credit rules preparing to change under new legislation, including the passage of the Inflation Reduction Act, certain modules of the vehicle may qualify for the credit this year, according to Consumer Reports. It is unclear if the truck will be eligible in the future, according to CNN.
The electric trucks only have a range of 230 to 320 miles depending on the model, a moderate increase of 10 miles to the company’s standard battery, CNBC continued.
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