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An Oceanside City Councilman is proposing a tax credit for companies who hire Oceanside residents and pay them at least ,000 a year.Councilman Christopher Rodriguez says he wants to reward Oceanside businesses who hire locally. The proposal, which the City Council will initially discuss Wednesday, would pay Oceanside companies ,500 for each new hire who lives in Oceanside and is paid that minimum salary. "It's a big problem, housing affordability in North County," Rodriguez said. "North County, Coastal Oceanside, we're up and coming. It's more expensive to live here for sure."Rodriguez said his proposal is a starting point and that he is willing to move on the numbers based on council feedback. If there is support, city staff could analyze the proposal and return in 120 days with a concrete plan.Business groups such as the Oceanside Chamber of Commerce expressed support for the plan. Peter Rodriguez, an operations manager at Beachfront Only, a vacation rental property management firm, said the credit could help his company. He says Beachfront Only often hires Oceanside residents because they are close to most of their properties. The company has two openings that pay about ,000 a year. "The ability to have one of our assistant managers down the street is kind of a selling point," he said, noting that he did not plan to specify Oceanside resident in a job ad. 1397
Around 300 Pizza Hut restaurants are expected to permanently close following a bankruptcy filing of a large franchisee owner.NPC International filed for Chapter 11 in July. The company operates more than 1,220 Pizza Hut and 380 Wendy’s locations in 27 states.NPC announced an agreement with Pizza Hut’s corporate owner, Yum! Brands, to close roughly a quarter of their pizza restaurants, while looking for buyers for the others.There was no timeline or specific locations listed at this time, however in a statement to CNN, many of the restaurants slated to close “significantly underperform” compared to other Pizza Hut locations and have dining rooms. 661
Anyone looking to buy an appliance may need to wait a while — due to the COVID-19 pandemic, some appliances are currently backordered for several weeks, even up to a few months.Tobie Stanger, a senior editor at Consumer Reports, says that anyone currently in the market for home appliances should be flexible."If you really need a refrigerator, they're out there, but you may not get what you want. So you'll have to be flexible," Stanger said.Consumer Reports has been around since 1936 and works to create a "fair" marketplace for all consumers. Stanger is an appliance expert and says some of the backlogs have to do with the pandemic and global factory shutdowns in the earlier part of the year.Add that to increased use of home appliances and increased demand, and you've got a problem."The companies are trying to ramp it up. They still, in sone cases, cannot find parts," Stanger said. "I have been told by one of our retailers that there are a couple of manufacturers that are not taking new orders until the end of September. So, they're trying, but it's a real grind."The Repair Association supports the aftermarket of "technology products" — anything with a computer chip. Gay Gordon-Byrne, the association's executive director, says the U.S. is overly reliant on China for all electronics."Everything from toys to tractors, refrigerators, cell phones, industrial controls — it is a massive problem if you can't fix that equipment," she said.Gordon-Byrne says that since things are backordered, there's a huge demand for repairs — which creates more problems."About 90% of the stuff on the market today can't be fixed — it either can't be fixed because it's made not to be fixed, or you can't fix it without the (original equipment manufacturer) because they want to make sure they're the only people that can fix it," Gordon-Byrne said.That means consumers are forced to buy new appliances — or, in this case, wait out the backlog.Gordon-Byrne suggests supporting independent, small appliance businesses and repair shops.Consumer Reports has similar advice."We recommend that, in addition to looking at the big box store, that you look at your local independent appliance dealer. They maybe have a reputation for not having as good a price, but we talked to many consumers who were able to get the independent to match the price," Stanger said.Matt Zieminski, a board member at The Repair Association, says not to ignore the refurbished option."There is actually a thriving refurbish effort right now where a repair shop will go around and pick up those units, take the effort to pick them up, clean them make them as good as new again and then resell them," Zieminski said.It may not be convenient, but the pandemic is forcing everyone to get creative and perhaps be patient to get what was once taken for granted. 2835
An elephant seal was safely returned to the waters with help from residents in Puerto Cisnes, Chile, and the Chilean Navy on Monday.According to Manuel Novoa, a presenter at Radio Autentica FM, residents of Puerto Cisnes, Chile, were surprised when they spotted an elephant seal roaming their town's streets.In a press release, Puerto Cisnes Police Captain Christian Reyes Jofré said that it's "completely normal" to see the seals outside their natural habitat in that area this time of year."Thanks to the citizens who participated and helped in the safeguarding of the return journey to the sea of the sea elephant that entered the streets of the town," Cpt. Jofré said in the news release.Cpt. Jofré said the seal returned to the sea on Monday. 755
As many former college students are getting a reprieve from paying federal student loans, some Democratic leaders are calling on the next president to suspend payments permanently.On Thursday, Senate Minority Leader Chuck Schumer called on forgiving federal student loans for those owing less than ,000. Schumer is proposing a resolution to outline how the president should forgive student debt.The resolution would not be applicable to private student loans.In a statement, Schumer said, “For far too long the sunny, American optimism of our young people has been clouded by crippling student debt. Education is supposed to be a ladder up, but studies have shown that student loans hold people back and prevent young college graduates from owning homes or starting small businesses. This holds our entire economy back, which we cannot afford after the financial devastation of COVID. That is why I will prioritize student debt forgiveness in 2021."Schumer’s comments came as the U.S. Senate Committee on Health, Education, Labor, and Pensions met with experts on the government’s student aid program FAFSA.A 2017 federal government study found that 20% of students who took out college loans during the 2003-04 academic year had paid off their debt within 12 years. Those taking out loans that year were more likely to have defaulted on a loan at least once.Dr. Judith Scott-Clayton, an economics researchers at Columbia University, went before the US Senate on Thuesday. Facing questions from Democratic Sen. Elizabeth Warren, Scott-Clayton said that the impact of student loan debt is particularly crippling to minorities.“It's really shockingly bad,” Scott-Clayton told the U.S. Senate Committee on Health, Education, Labor, and Pensions. “Even prior to the pandemic, nearly half of Black student loan borrowers would experience a student loan default within 12 years of college entry. That's-- compared to about a third of Hispanic borrowers and one in five white student borrowers. It's so bad that a Black college graduate with a bachelor's degree is more likely to experience a default than a white college dropout. And unfortunately, these stats might get worst due to the pandemic.”Last month, President Donald Trump extended a moratorium on federal student loan payments. Borrowers are not obligated to repay federal student loans through the rest of the year. The executive order was signed due to the economic fallout stemming from the COVID-19 pandemic.Collectively, Americans owe .54 trillion in student loan debt, which is nearly 0 billion more than owed on auto loans, and nearly twice the amount owed on credit cards.While many college grads are straddled with debt, having a college degree has a significant impact on earnings. According to the Bureau of Labor Statistics, the mean weekly earnings for a college graduate is ,416, compared to 9 per week for a high school graduate with no college education. 2947