Economic Truths | Eastern North Carolina Now

In the fog of war between Conservative Realists and the Democratic Socialist Propagandists, there are base economic truths that must be maintained, and they can be found here.

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Now that Kamala Harris has been coronated the Democratic Socialist designee for nomination as their candidate for President of these United States, after that political party's contrived primary process "democratically" elected Joseph R. Biden: What are your feelings about this party's progressive posture within their self-styled exercise of "Saving Democracy for America," and how truly critical the outcome of this presidential election will be?
0% I am ecstatic that this "Democracy's" First partially Black, First partially Indian, First female Co-Parent, and that this nation's primary necessity is to elect our First woman president.
25% I really do not care about all these "Firsts." I will continue to pray, and work for this Representative Republic to elect someone competent, and brilliantly patriotic to be our next president.
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Economic Truths  

In the fog of war between Conservative Realists and the Democratic Socialist Propagandists, there are base economic truths that must be maintained, and they can be found here.

One of the “Big Three” credit agencies lowered the United States’s rating by a tick on Tuesday, eliciting swift condemnation from Biden administration officials who said they “strongly disagree” with the change.
One of the “Big Three” credit agencies lowered the United States’s rating by a tick on Tuesday, eliciting swift condemnation from Biden administration officials who said they “strongly disagree” with the change.
 
Florida Governor Ron DeSantis unveiled his presidential economic policy agenda while on the campaign trail on Monday in New Hampshire.
Florida Governor Ron DeSantis unveiled his presidential economic policy agenda while on the campaign trail on Monday in New Hampshire.
 
President Joe Biden can call his economic policy whatever he wants — Bidenomics is the latest catchphrase — but a new poll shows the majority of the American people sum up the state of the economy in one or two words: “Struggling” and “Uncertain.”
President Joe Biden can call his economic policy whatever he wants — Bidenomics is the latest catchphrase — but a new poll shows the majority of the American people sum up the state of the economy in one or two words: “Struggling” and “Uncertain.”
 
A popular cryptocurrency influencer was declared missing last week, and his body was found dismembered in a suitcase over the weekend.
A popular cryptocurrency influencer was declared missing last week, and his body was found dismembered in a suitcase over the weekend.
 
Gas prices have jumped up to an eight-month high across the U.S. as some analysts say they will continue to get higher.
Gas prices have jumped up to an eight-month high across the U.S. as some analysts say they will continue to get higher.
 
The Federal Reserve hiked interest rates to the highest level in 22 years on Wednesday, despite easing inflationary pressures.
The Federal Reserve hiked interest rates to the highest level in 22 years on Wednesday, despite easing inflationary pressures.
 
On Tuesday, the North Carolina Senate passed House Bill 750 (H.B. 750), a bill that prohibits the use of environmental, social, and governance (ESG) criteria from being a factor in state investment decisions, by a vote of 29-18.
On Tuesday, the North Carolina Senate passed House Bill 750 (H.B. 750), a bill that prohibits the use of environmental, social, and governance (ESG) criteria from being a factor in state investment decisions, by a vote of 29-18.
 
Yellow, a trucking company that has been around for 99 years, will be filing for bankruptcy — costing up to 30,000 jobs, according to the company’s union.
Yellow, a trucking company that has been around for 99 years, will be filing for bankruptcy — costing up to 30,000 jobs, according to the company’s union.
 
Ford is working on several new hybrid cars.
 
The latest findings from a recent Civitas Poll on voter favor of capitalism over socialism
The latest findings from a recent Civitas Poll on voter favor of capitalism over socialism
 
David Stevens, a senior housing official under former President Barack Obama, condemned a proposal from President Joe Biden that will effectively penalize financially stable homebuyers to subsidize those with higher risk.
David Stevens, a senior housing official under former President Barack Obama, condemned a proposal from President Joe Biden that will effectively penalize financially stable homebuyers to subsidize those with higher risk.
 
Twitter asked a court on Thursday to stop a Federal Trade Commission (FTC) order concerning the social media platform’s privacy and security practices, citing allegations that an independent auditor felt pressured by the federal agency to dig up “negative'” information.
Twitter asked a court on Thursday to stop a Federal Trade Commission (FTC) order concerning the social media platform’s privacy and security practices, citing allegations that an independent auditor felt pressured by the federal agency to dig up “negative'” information.
 
Disney CEO Bob Iger addressed the recent flops at the box office for Marvel movies like “Ant-Man and the Wasp: Quantumania” and animated Pixar films such as “Lightyear” and “Elemental.”
Disney CEO Bob Iger addressed the recent flops at the box office for Marvel movies like “Ant-Man and the Wasp: Quantumania” and animated Pixar films such as “Lightyear” and “Elemental.”
 
Five governments spent vast resources undertaking a tax evasion probe. They came up empty—then, it seems, they decided to smear an innocent man.
Five governments spent vast resources undertaking a tax evasion probe. They came up empty—then, it seems, they decided to smear an innocent man.
 
Biden Treasury Secretary Janet Yellen said during an interview over the weekend that the administration will take action to protect national security, even if it “harms our own narrow economic interests.”
Biden Treasury Secretary Janet Yellen said during an interview over the weekend that the administration will take action to protect national security, even if it “harms our own narrow economic interests.”
 
Disney’s top Diversity, Equity, and Inclusion (DEI) officer will be leaving the entertainment giant to “pursue other endeavors” as the company continues to face headwinds from conservative customers over its promotion of LGBT themes
Disney’s top Diversity, Equity, and Inclusion (DEI) officer will be leaving the entertainment giant to “pursue other endeavors” as the company continues to face headwinds from conservative customers over its promotion of LGBT themes
 
As Americans fled the Northeast United States with its repressive social policies during the coronavirus pandemic and immigrated to states in the South, the region lost its traditional position as the leader in contributing to the national GDP — to the South.
As Americans fled the Northeast United States with its repressive social policies during the coronavirus pandemic and immigrated to states in the South, the region lost its traditional position as the leader in contributing to the national GDP — to the South.
 
State-inspected and federally inspected meat processing facilities already have to meet the same standards
 
After COVID came and mostly went, suddenly, prices began to rise. The cost of nearly everything soared, especially eggs, a dozen of which eventually cost more than a pound of beef.
After COVID came and mostly went, suddenly, prices began to rise. The cost of nearly everything soared, especially eggs, a dozen of which eventually cost more than a pound of beef.
 
A significant majority of Americans still believe that the American Dream is within reach, but doubt has grown among some demographics, a recent report from the Archbrige Institute found.
A significant majority of Americans still believe that the American Dream is within reach, but doubt has grown among some demographics, a recent report from the Archbrige Institute found.
 
Communist China announced this week new plans to restrict the export of two minerals critical to the production of electric vehicles, solar panels, military hardware, and more.
Communist China announced this week new plans to restrict the export of two minerals critical to the production of electric vehicles, solar panels, military hardware, and more.
 
The White House was dragged on Tuesday for tweeting a chart that showed inflation is lower than it was last summer — even though the chart also showed that inflation had skyrocketed after President Joe Biden was sworn in.
The White House was dragged on Tuesday for tweeting a chart that showed inflation is lower than it was last summer — even though the chart also showed that inflation had skyrocketed after President Joe Biden was sworn in.
 
Artificial intelligence (AI) might be all fun and games now, but the coming effects will be devastating, one top investment bank says.
Artificial intelligence (AI) might be all fun and games now, but the coming effects will be devastating, one top investment bank says.
 
Following backlash from consumers fed up with their focus on woke initiatives, executives at U.S. companies have cut their mentions of ESG (environmental, social, and corporate governance) and DEI (diversity, equity, and inclusion) on earnings calls by 31% from the same period last year.
Following backlash from consumers fed up with their focus on woke initiatives, executives at U.S. companies have cut their mentions of ESG (environmental, social, and corporate governance) and DEI (diversity, equity, and inclusion) on earnings calls by 31% from the same period last year.
 
Former President Donald Trump is nothing if not prescient on some of the biggest cultural and business issues of the day.
Former President Donald Trump is nothing if not prescient on some of the biggest cultural and business issues of the day.
 
Lululemon’s CEO defended his company’s decision to terminate two employees who called the police as three masked men robbed their Georgia store location.
Lululemon’s CEO defended his company’s decision to terminate two employees who called the police as three masked men robbed their Georgia store location.
 
The Californians for Equal Rights Foundation (CFER) filed a lawsuit accusing San Francisco of running racially discriminatory guaranteed income programs, which the organization says violate the 14th Amendment.
The Californians for Equal Rights Foundation (CFER) filed a lawsuit accusing San Francisco of running racially discriminatory guaranteed income programs, which the organization says violate the 14th Amendment.
 
The Senate passed bipartisan legislation Thursday night that aims to avert a U.S. debt default.
The Senate passed bipartisan legislation Thursday night that aims to avert a U.S. debt default.
 
Record drug shortages across the United States are delaying potentially lifesaving treatments for thousands of patients around the country.
Record drug shortages across the United States are delaying potentially lifesaving treatments for thousands of patients around the country.
 
The rise of electric vehicles could lead to more parking garage collapses like the one earlier this week.
The rise of electric vehicles could lead to more parking garage collapses like the one earlier this week.
 
North Carolina’s unemployment rate decreased again in April from March’s rate of 3.5% to 3.4% according to the latest release from the North Carolina Department of Commerce. The national rate also decreased to 3.4%.
North Carolina’s unemployment rate decreased again in April from March’s rate of 3.5% to 3.4% according to the latest release from the North Carolina Department of Commerce. The national rate also decreased to 3.4%.
 
The Baby Boomer generation stretched from 1946 to 1964. That means members are now 59 to 77 years old, and nearly 10,000 Boomers reach retirement age — 65 — each day.
The Baby Boomer generation stretched from 1946 to 1964. That means members are now 59 to 77 years old, and nearly 10,000 Boomers reach retirement age — 65 — each day.
 
The vice president for brand management at Target — which has come under fire and lost billions of dollars in market capitalization after its transgender and LGBTQ merchandise prompted a boycott — also serves as treasurer of an LGBT group
The vice president for brand management at Target — which has come under fire and lost billions of dollars in market capitalization after its transgender and LGBTQ merchandise prompted a boycott — also serves as treasurer of an LGBT group
 
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