Displaying items by tag: inflation

RALEIGH — On May 12, as gas prices in N.C. hit a record high of $4.202 per gallon and the U.S. hit a record of $4.418, according to AAA, President Joe Biden’s administration canceled three potential leases for oil and gas drilling on a million acres in Alaska’s Cooke Inlet. In a statement, the Department of the Interior cited “lack of industry interest” and limited inquiries from oil companies on the lease. But industry insiders say that there is a breakdown between the administration and the petroleum industry that prevents providers from increasing production.

Published in Local News

Thanks to inflation, Americans increasingly cannot afford their grocery bills. Global food prices are projected to increase 23 percent this year, on top of the 30 percent they increased last year. And per usual, those already living on the margins are feeling the consequences the most.

Published in Opinion

North Carolina’s labor markets are healing — slowly. As of March, our state’s headline unemployment rate was 3.5%, comparable to where it was before the onset of the COVID-19 pandemic in early 2020. More importantly, while our labor-force participation is still significantly below the pre-COVID rate 59.2%, it is improving. It was 57.7% in March, up from 56.2% a year ago.

Published in Opinion

Climate change is real. Emissions of greenhouse gases from human activities such as power generation and transportation are a causal factor. Because the net effects of climate change are likely to be harmful, governments should enact prudent policy responses.

Published in Opinion

This may be the dumbest thing you read today. Not my words, but this CNN article I’m about to tell you about.

Published in Opinion

"Today’s inflation report," U.S. president Joe Biden told us on March 10, "is a reminder that Americans’ budgets are being stretched by price increases and families are starting to feel the impacts of Putin’s price hike."

Published in Opinion
Friday, 04 March 2022 14:06

OPINION: A look at the state of America

President Biden’s State of the Union Address represents much of America today, a meandering belief in big government that’s woefully short on economic coherence. Yet, the state of the union is pretty evident to most.

Published in Opinion

According to numbers released by the U.S. government, consumer prices have increased by 7.5 percent in the past year, the steepest increase since 1982. The actual price increases are even worse than the government numbers suggest, given that the “official” statistics are manipulated to understate the real rate of price increases. According to John Williams of ShadowStats, prices have actually increased by around 15 percent over the past year.

Published in Opinion
Monday, 21 February 2022 13:08

OPINION: Sidelined workers help fuel inflation

What’s the hottest political issue right now? According to recent poll results, it’s inflation. Welcome to the 1970s, folks.

Published in Opinion

The subject of inflation has been on many tongues in the public policy world of late — especially as Republican politicians comb every nook and cranny of the news cycle for topics with which to launch broadsides at the Biden administration.

Published in Opinion
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Lutz, Nechvilova earn first Al…

ROCKINGHAM — A pair of Lady Raider soccer players were selected to this year’s All-Sandhills Athletic Conference team. Read more

Sandhills Center announces Jun…

WEST END — The Family Support and Community Collaboration Programs are funded by Sandhills Center and conducted through a contract with North Carolina Families United. The programs support families of... Read more

Hamlet High School grads celeb…

HAMLET — More than 350 former students, staff and spouses celebrated the 100th anniversary of the former Hamlet High School this past weekend. Read more

N.C. Senate bill looks to help…

RALEIGH — Hemp growers and retailers in North Carolina may be helped by a provision in a Senate bill that was discussed in Senate’s Agriculture, Energy, and Environment Senate Standing Committee... Read more

OPINION: Governor’s office mus…

As most voters have shown they understand, Roy Cooper has been one of the best governors in modern North Carolina history. He’s a skilled lawyer, pragmatic politician, and a caring... Read more

N.C. Parents' Bill of Rights h…

RALEIGH — A “Parents' Bill of Rights” will get its first discussion in committee Wednesday morning in the N.C. Senate. Senate leaders in the N.C. General Assembly outlined the measure... Read more

Richmond County Sheriff's Offi…

ROCKINGHAM — Two men are charged with murder in connection to homicide last week in the Little Philadelphia community. Read more

Wallace becomes 8th RSHS stude…

ROCKINGHAM — Another student-athlete at Richmond Senior High School signed her letter of commitment on Tuesday. Read more

Hamlet Police charge 18-year-o…

HAMLET— A teen already facing robbery and attempted murder charges is accused in another recent robbery. Read more

- Richmond County Sheriff's Office charges 2 in Little Philadelphia murder - Hamlet Police charge 18-year-old in robbery - Riggins shreds to win at Rockingham Speedway for MB Drift's first comp of... Read more