Economic Truths | Eastern NC 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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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.

Indexing the standard deduction for inflation will help avoid a tax penalty on those whose real wages have actually decreased
Indexing the standard deduction for inflation will help avoid a tax penalty on those whose real wages have actually decreased
 
Tesla CEO Elon Musk has devoted much of his energy over the past several weeks to improving Twitter, leading investors behind the electric automaker to express concern about possible reputational harm to the brand.
Tesla CEO Elon Musk has devoted much of his energy over the past several weeks to improving Twitter, leading investors behind the electric automaker to express concern about possible reputational harm to the brand.
 
Though President Biden initially took a victory lap, it looks like a devastating rail strike may be in the country’s future
Though President Biden initially took a victory lap, it looks like a devastating rail strike may be in the country’s future
 
Sticker shock is hitting some shoppers as they get ready to host Thanksgiving this year. The soaring cost of energy is slowing supply chains for grocery stores and spiking costs for farmers.
Sticker shock is hitting some shoppers as they get ready to host Thanksgiving this year. The soaring cost of energy is slowing supply chains for grocery stores and spiking costs for farmers.
 
Reliance on green energy leaves Europe vulnerable to emergency power plans and crippled nuclear reactors
Reliance on green energy leaves Europe vulnerable to emergency power plans and crippled nuclear reactors
 
Household debt rose again in the third quarter of 2022, according to the latest report from the Federal Reserve Bank of New York.
Household debt rose again in the third quarter of 2022, according to the latest report from the Federal Reserve Bank of New York.
 
Along with being one of the greatest documents for human liberty ever created, the Declaration of Independence provided an extensive list of how King George III had abused and usurped Great Britain’s American subjects’ rights under God and the law.
Along with being one of the greatest documents for human liberty ever created, the Declaration of Independence provided an extensive list of how King George III had abused and usurped Great Britain’s American subjects’ rights under God and the law.
 
My latest piece for the American Institute for Economic Research discusses a critical shortcoming in Emily Oster’s October 31 essay in The Atlantic calling for a “pandemic amnesty.”
My latest piece for the American Institute for Economic Research discusses a critical shortcoming in Emily Oster’s October 31 essay in The Atlantic calling for a “pandemic amnesty.”
 
Despite a strong job market, as Meta, Amazon and Disney all cut jobs
 
If you are hosting Thanksgiving this year, you can expect to pay much more for your feast. Nearly all your favorite ingredients will have increased in price since last year.
If you are hosting Thanksgiving this year, you can expect to pay much more for your feast. Nearly all your favorite ingredients will have increased in price since last year.
 
And interstate compacts may be one way to protect business
 
Today the North Carolina Department of Commerce released September county-level unemployment data for the state, revealing a decrease in unemployment rates for 99 of North Carolina’s 100 counties. Only Warren County saw an increase in its unemployment rate.
Today the North Carolina Department of Commerce released September county-level unemployment data for the state, revealing a decrease in unemployment rates for 99 of North Carolina’s 100 counties. Only Warren County saw an increase in its unemployment rate.
 
Earlier this year, the censor-happy Left were growing increasingly alarmed that Elon Musk would buy Twitter and restore its former free-speech policy.
Earlier this year, the censor-happy Left were growing increasingly alarmed that Elon Musk would buy Twitter and restore its former free-speech policy.
 
After two consecutive quarters of negative growth, the U.S. economy saw gains in the third quarter. U.S. gross domestic product (GDP) increased by 0.6% in Q3, according to the advance estimate released today by the Bureau of Economic Analysis.
After two consecutive quarters of negative growth, the U.S. economy saw gains in the third quarter. U.S. gross domestic product (GDP) increased by 0.6% in Q3, according to the advance estimate released today by the Bureau of Economic Analysis.
 
Families are feeling the pinch as cost of living continues to increase in North Carolina’s capitol
Families are feeling the pinch as cost of living continues to increase in North Carolina’s capitol
 
As Putin's funding environmentalist groups against fracking and pipelines show
 
North Carolina’s unemployment rate increased for the second consecutive month in September according to the latest release from the North Carolina Department of Commerce.
North Carolina’s unemployment rate increased for the second consecutive month in September according to the latest release from the North Carolina Department of Commerce.
 
The 2022 election could be critical to changing economic policy choices
 
Nearly 60,000 North Carolinians never re-entered the labor force after the Covid shutdowns.
Nearly 60,000 North Carolinians never re-entered the labor force after the Covid shutdowns.
 
Large COLA this year caused by inflation will likely mean Social Security tax hikes or benefit cuts in the near future
Large COLA this year caused by inflation will likely mean Social Security tax hikes or benefit cuts in the near future
 
Progressives across the country are working tirelessly to rewrite the history on school reopenings, claiming that it was a bipartisan effort. The reality is far different, and, in fact, progressive leaders fought to keep schools closed.
Progressives across the country are working tirelessly to rewrite the history on school reopenings, claiming that it was a bipartisan effort. The reality is far different, and, in fact, progressive leaders fought to keep schools closed.
 
The Consumer Price Index (CPI) rose 0.4% in September, greater than the increases in July and August and higher than projections, according to the latest release from the Bureau of Labor Statistics. On an annual basis, prices have increased 8.2%.
The Consumer Price Index (CPI) rose 0.4% in September, greater than the increases in July and August and higher than projections, according to the latest release from the Bureau of Labor Statistics. On an annual basis, prices have increased 8.2%.
 
Diverting scarce resources to failed projects represents waste in our economy
 
GDP growth slides another quarter, and investors are increasingly worried about the future of the economy
GDP growth slides another quarter, and investors are increasingly worried about the future of the economy
 
North Carolina’s unemployment rate increased in August for the first time since Covid-19, as we reported two weeks ago.
North Carolina’s unemployment rate increased in August for the first time since Covid-19, as we reported two weeks ago.
 
A law passed in 2021 required that the “decarbonization” plan approved by the state Utilities Commission to be reasonable, set forth the least-cost path to compliance, and maintain or improve grid adequacy and reliability
A law passed in 2021 required that the “decarbonization” plan approved by the state Utilities Commission to be reasonable, set forth the least-cost path to compliance, and maintain or improve grid adequacy and reliability
 
As reported last week by the North Carolina Department of Commerce, North Carolina unemployment increased for the first time since the pandemic-induced economic downturn.
As reported last week by the North Carolina Department of Commerce, North Carolina unemployment increased for the first time since the pandemic-induced economic downturn.
 
How the Biden’s cozy relationship with unions is leaving the country vulnerable
How the Biden’s cozy relationship with unions is leaving the country vulnerable
 
North Carolina’s unemployment rate increased to 3.5% in August after remaining flat at 3.4% for four consecutive months prior, according to the latest release from the North Carolina Department of Commerce.
North Carolina’s unemployment rate increased to 3.5% in August after remaining flat at 3.4% for four consecutive months prior, according to the latest release from the North Carolina Department of Commerce.
 
The Left’s latest pro-union resurgence discredits workers
 
Increasing productivity is the key to wealth creation
 
Credit card debt jumped again in the second quarter of 2022 as inflation caused people to spend more money to consume the same basket of goods.
Credit card debt jumped again in the second quarter of 2022 as inflation caused people to spend more money to consume the same basket of goods.
 
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