Economic Truths | Eastern North Carolina Now

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.

FedEx Founder and Executive Chairman Fred Smith warned during an interview that the BRIC nations — which primarily consist of Brazil, Russia, India, and China — have set out to dethrone the U.S. dollar as the world’s reserve currency
FedEx Founder and Executive Chairman Fred Smith warned during an interview that the BRIC nations — which primarily consist of Brazil, Russia, India, and China — have set out to dethrone the U.S. dollar as the world’s reserve currency
 
The Tar Heel State earned failing marks for healthcare and its costs according to a list by Forbes Advisor ranking of all 50 states.
The Tar Heel State earned failing marks for healthcare and its costs according to a list by Forbes Advisor ranking of all 50 states.
 
Gov. Roy Cooper is asking the state Supreme Court to consider a case of bar owners suing the state for damages because of COVID-related shutdowns in 2020.
Gov. Roy Cooper is asking the state Supreme Court to consider a case of bar owners suing the state for damages because of COVID-related shutdowns in 2020.
 
North Carolina’s no-more-stringent law forbids state environmental agencies from imposing stricter environmental regulations than required by the federal government
North Carolina’s no-more-stringent law forbids state environmental agencies from imposing stricter environmental regulations than required by the federal government
 
The Department of Justice indicted two men who allegedly procured microelectronics for the Islamic Revolutionary Guard Corps (IRGC) that could be used in unmanned aerial vehicle (UAV) attacks.
The Department of Justice indicted two men who allegedly procured microelectronics for the Islamic Revolutionary Guard Corps (IRGC) that could be used in unmanned aerial vehicle (UAV) attacks.
 
Plaintiffs challenging appointments to Asheville's Human Relations Commission are seeking an emergency restraining order and injunction in federal court.
Plaintiffs challenging appointments to Asheville's Human Relations Commission are seeking an emergency restraining order and injunction in federal court.
 
Mainstream news organizations mounted attacks against Tesla on Wednesday in an apparent attempt to damage Tesla CEO Elon Musk, who also heads several other large companies.
Mainstream news organizations mounted attacks against Tesla on Wednesday in an apparent attempt to damage Tesla CEO Elon Musk, who also heads several other large companies.
 
She used the money for a "luxury lifestyle" in California and Georgia, prosecutors said.
 
VinFast, the electric vehicle maker with plans to open a $4 billion manufacturing plant in Chatham County in 2025, has sold 11,300 vehicles during the first half of 2023.
VinFast, the electric vehicle maker with plans to open a $4 billion manufacturing plant in Chatham County in 2025, has sold 11,300 vehicles during the first half of 2023.
 
From December through mid-August, 60 large whales have washed ashore East Coast beaches, coinciding with the issuance of several federal permits for whale “harassment” as a consequence of offshore wind energy development activities
From December through mid-August, 60 large whales have washed ashore East Coast beaches, coinciding with the issuance of several federal permits for whale “harassment” as a consequence of offshore wind energy development activities
 
Disney's special governing district was “a stunning deviation from the good governance standards of the State of Florida,” audit concludes
Disney's special governing district was “a stunning deviation from the good governance standards of the State of Florida,” audit concludes
 
“North Carolina’s entrepreneurial spirit is alive and well,” North Carolina Secretary of State Elaine Marshall told Council of State members at their monthly meeting on Tuesday.
“North Carolina’s entrepreneurial spirit is alive and well,” North Carolina Secretary of State Elaine Marshall told Council of State members at their monthly meeting on Tuesday.
 
As Thanksgiving approaches, Americans prepare for a holiday marked by higher grocery prices this year.
As Thanksgiving approaches, Americans prepare for a holiday marked by higher grocery prices this year.
 
Thousands of American auto dealers are pushing President Joe Biden to scrap his electric vehicle mandate because consumers are not warming up to buying EVs for various reasons.
Thousands of American auto dealers are pushing President Joe Biden to scrap his electric vehicle mandate because consumers are not warming up to buying EVs for various reasons.
 
Amazon is looking for office space in Miami as company founder Jeff Bezos plans to move to Florida after spending 29 years in Seattle.
Amazon is looking for office space in Miami as company founder Jeff Bezos plans to move to Florida after spending 29 years in Seattle.
 
It's the year 2023 and now more than ever people have options. While Black Friday shopping of years past meant standing in line at 3 a.m. outside a Walmart in hopes of scoring the last Furby, these days things have become slightly more civilized.
It's the year 2023 and now more than ever people have options. While Black Friday shopping of years past meant standing in line at 3 a.m. outside a Walmart in hopes of scoring the last Furby, these days things have become slightly more civilized.
 
The U.S. credit rating was given a negative outlook by Moody’s Investor Service in part due to the ballooning U.S. debt.
The U.S. credit rating was given a negative outlook by Moody’s Investor Service in part due to the ballooning U.S. debt.
 
According to the latest report from the N.C. Department of Commerce, North Carolina has a 3.3% unemployment rate, the lowest in decades.
According to the latest report from the N.C. Department of Commerce, North Carolina has a 3.3% unemployment rate, the lowest in decades.
 
New study from Media Research Center finds that Google consistently favors pro-abortion sources over pro-life ones.
New study from Media Research Center finds that Google consistently favors pro-abortion sources over pro-life ones.
 
Target CEO Brian Cornell deflected when he was pressed Thursday about specific Target products that generated a boycott starting in May, while suggesting blowback over transgender merch came from violent customers who threatened his employees’ safety more than the George Floyd riots.
Target CEO Brian Cornell deflected when he was pressed Thursday about specific Target products that generated a boycott starting in May, while suggesting blowback over transgender merch came from violent customers who threatened his employees’ safety more than the George Floyd riots.
 
North Carolina hospitals brought 5,922 lawsuits against 7,517 patients between January 2017 and June 2022.
North Carolina hospitals brought 5,922 lawsuits against 7,517 patients between January 2017 and June 2022.
 
A proposed $17-an-hour federal minimum wage would cost North Carolina 98,000 jobs, according to an analysis by the right-leaning Employment Policies Institute.
A proposed $17-an-hour federal minimum wage would cost North Carolina 98,000 jobs, according to an analysis by the right-leaning Employment Policies Institute.
 
The John Locke Foundation has signed onto a letter to federal officials opposing new steel tariffs. An Ohio corporation and the United Steel Workers are petitioning to raise tariffs on tinplate steel.
The John Locke Foundation has signed onto a letter to federal officials opposing new steel tariffs. An Ohio corporation and the United Steel Workers are petitioning to raise tariffs on tinplate steel.
 
VinFast, the Vietnamese electric vehicle maker Democrat North Carolina Gov. Roy Cooper credited for leading an army of clean-energy companies coming to the state, is being criticized for polluting waterways near its $4 billion EV manufacturing plant in Chatham County.
VinFast, the Vietnamese electric vehicle maker Democrat North Carolina Gov. Roy Cooper credited for leading an army of clean-energy companies coming to the state, is being criticized for polluting waterways near its $4 billion EV manufacturing plant in Chatham County.
 
Around 75,000 Kaiser Permanente health care workers went on strike this week hoping to get better pay and benefits in what has been described as the largest health care strike in U.S. history.
Around 75,000 Kaiser Permanente health care workers went on strike this week hoping to get better pay and benefits in what has been described as the largest health care strike in U.S. history.
 
Florida Governor Ron DeSantis‘ administration took a shot at the Biden administration in a letter to Transportation Secretary Pete Buttigieg this week
Florida Governor Ron DeSantis‘ administration took a shot at the Biden administration in a letter to Transportation Secretary Pete Buttigieg this week
 
At Walmart, hundreds of corporate roles no longer require a college degree.
 
"Whether our future will prove to be a blessing or a curse"
 
The agricultural industry heavily relies on poultry farming, and it plays a significant role in supporting the economy. However, poultry farmers often face challenges when dealing with large integrator companies, which control various aspects of their operations.
The agricultural industry heavily relies on poultry farming, and it plays a significant role in supporting the economy. However, poultry farmers often face challenges when dealing with large integrator companies, which control various aspects of their operations.
 
Former President Donald Trump slammed President Joe Biden on Tuesday over his electric vehicle push, saying his policies would destroy the American auto industry.
Former President Donald Trump slammed President Joe Biden on Tuesday over his electric vehicle push, saying his policies would destroy the American auto industry.
 
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