In her recent State of the City address for 2024, Mayor Nancy Vaughn of Greensboro put forward a bold proposal: a citywide 1% prepared-food tax. The rationale behind this initiative, according to Vaughn, is to inject much-needed revenue into the community, with estimates suggesting a minimum influx of $20 million. While on the surface, this...
In the tumultuous landscape of American politics, few stories encapsulate the complexities of ambition, loyalty, and democracy quite like that of former Congressman Mark Walker, a Triad-area Republican who just declined to pursue a runoff in the NC-6 congressional race. Walker’s political odyssey began in 2014, when he emerged as a dark-horse candidate in North...
As the United States grapples with a staggering national debt surpassing $34 trillion, which grows by further trillions every year, it’s imperative to address the root cause of this fiscal irresponsibility. Over the past century, we’ve witnessed a concerning trajectory, with the federal debt ballooning from $403 billion in 1923 to a staggering $33.17 trillion...
In recent years, the Republican Party has found itself at a crossroads, torn between traditional conservative values and the rising tide of populism. Nowhere is this conflict more evident than in North Carolina, where the battle for the soul of the GOP has profound implications for both the state and the nation as a whole....
Congressional leaders have once again narrowly averted a government shutdown by passing a short term spending bill to fund government through March. Undoubtedly most political insiders and pundits are familiar with this reoccurring dance. The perpetual reliance on short-term funding bills not only reveals deep partisan divisions but also highlights the inability of Congress to...
Como alguien que ha enseñado conocimientos financieros en todo el estado de Tar Heel, sé que las familias y las pequeñas empresas de Carolina del Norte están haciendo todo lo posible para pagar las facturas a tiempo, incluso cuando los precios siguen subiendo. Lamentablemente, una nueva propuesta de los reguladores federales de Washington pronto podría...
As someone who has taught financial literacy throughout the Tar Heel state, I know that North Carolina families and small businesses are doing everything they can to pay bills on time, even as prices continue to go up. Unfortunately, a new proposal from federal regulators in Washington could soon punish those who are trying to do the right thing. ...
Los robos, agresiones e incluso asesinatos de automóviles van en aumento en Carolina del Norte. La cantidad de jóvenes de Carolina del Norte acusados de cometer delitos violentos en 2022, como robos, homicidios y tiroteos, aumentó un 9% a 990 personas. La violencia juvenil había disminuido desde la década de 1980, pero a nivel nacional...
Car break ins, theft, assaults, and even murders are on the rise across North Carolina. The number of North Carolina youth charged with committing violent crimes in 2022 — such as robberies, homicides, and shootings — rose 9% to 990 individuals. Youth violence had been on the decline since the 1980’s, but nationally have seen...
Inflation, the sustained rise in general price levels, is a crucial concern for any economy. As the custodian of monetary policy in the United States, the Federal Reserve shoulders the responsibility of maintaining stable prices. Over the years, the Federal Reserve has employed various tools and strategies to combat inflation. To understand the current state...
The United States just averted a critical situation when Congress agreed to extend the country’s debt limit. President Biden is set to sign the bipartisan legislation. Speaker Kevin McCarthy and North Carolina Republican Patrick McHenry whipped House GOP members into line to authorize the $1.5 trillion debt limit deal struck with President Biden, but ultimate...
La seguridad alimentaria es el principal agente vinculante que mantiene el orden en la sociedad. Necesitamos alimentos para sobrevivir, y la gente históricamente se “levanta” cuando los recursos están amenazados. Según el Servicio de Investigación Económica del Departamento de Agricultura de EE. UU. (USDA ERS), 33.8 millones de hogares estadounidenses experimentaron inseguridad alimentaria en 2022,...