No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Wednesday, March 18, 2026
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

Trump insists during North Carolina visit he’s brought down costs, but residents say they’re feeling squeezed

by TheAdviserMagazine
3 months ago
in Business
Reading Time: 4 mins read
A A
Trump insists during North Carolina visit he’s brought down costs, but residents say they’re feeling squeezed
Share on FacebookShare on TwitterShare on LInkedIn


ROCKY MOUNT, N.C.: She had worked 22 days straight in her job as a technician at an engine plant to save up, and now Daijah Bryant could finally do what she was putting off: Christmas shopping.

Bryant pushed her cart out of a Walmart in Rocky Mount, North Carolina, and loaded her sedan’s backseat with bags of gifts. While they would soon bring joy to her friends and family, it was difficult for the 26-year-old to feel good about the purchases.

“Having to pay bills, if you happen to pay rent and try to do Christmas all at the same time, it is very, very hard,” she said with exasperation. Ahead of President Donald Trump’s Friday evening visit to Rocky Mount, some residents said they were feeling an economic squeeze that seems hard to escape. The uneasy feeling spans political affiliation in the town, which is split between two largely rural and somewhat impoverished counties, although some were more hopeful than others that there are signs of reprieve on the horizon.

It was Trump’s second event this month aimed at championing his economic policies ahead of a consequential midterm election next year, both held in presidential battleground states. Similar to Trump’s earlier stop in Pennsylvania, Rocky Mount sits in a U.S. House district that has been historically competitive. But earlier this year, the Republican-controlled legislature redrew the boundaries for the eastern North Carolina district to favor their party as part of Trump’s push to have GOP-led states gerrymander their congressional districts to help his party retain its House majority for the last half of his term.

Live Events

Rocky Mount may be in a politically advantageous location, but the hardships its residents report mirror the tightening financial strains many Americans say they are feeling, with high prices for groceries, housing and utilities among their top concerns. Polls show persistently high prices have put Americans in a grumpy mood about the state of the economy, which a large majority say is performing poorly. Trump has insisted the economy is trending upward and the country will see some relief in the new year and beyond. In some cases, he has dismissed affordability concerns and encouraged Americans to decrease their consumption.In his Friday night speech, he leaned into a persistent refrain: Democratic President Joe Biden alone was to blame for any economic distress Americans may be feeling, but things are getting better under his watch.

He boasted that steps he’s taken-including generating billions of dollars of revenue through tariffs, pressing pharmaceutical giants to slash the prices of some medicines, and a so-called $1776 “warrior dividend” for U.S. troops that is being paid through a provision in a tax cut extensions and expansions bill he signed into law in July-will have real impact on American’s pocketbooks.

“I inherited the mess. I got the prices down and they are going down still further,” Trump said. He added, “Over the past 11 months, we have brought more positive change to Washington than any administration in the history of our country.”

‘Without the businesses, it’s dead’

Crimson smokestacks tower over parts of downtown Rocky Mount, reminding the town’s roughly 54,000 residents of its roots as a once-booming tobacco market. Through the heart of downtown, graffiti-covered trains still lug along on the railroad tracks that made Rocky Mount a bustling locomotive hotspot in the last century.

Those days seem long gone for some residents who have watched the town change over the decades. Rocky Mount has adapted by tapping into other industries such as manufacturing and biopharmaceuticals, but it’s also had to endure its fair share of challenges. Most recently, financial troubles in the city’s government have meant higher utility prices for residents.

The city has been investing to try to revitalize its downtown, but progress has been slow. Long stretches of empty storefronts that once contained restaurants, furniture shops and drug stores line the streets. Most stores were closed Thursday morning, and not much foot traffic roamed the area.

That’s left Lucy Slep, who co-owns The Miner’s Emporium jewelry store with her husband, waiting for Trump’s promised “Golden Age of America.”

The jewelry store has been in downtown Rocky Mount for nearly four decades, just about as long as the 64-year-old said she has lived in the area. But the deterioration of downtown Rocky Mount has spanned at least a decade, and Slep said she’s still hoping it will come back to life.

“Every downtown in every little town is beautiful,” she said. “But without the businesses, it’s dead.”

Slep’s store hasn’t escaped the challenges other Rocky Mount small businesses have endured. Instead of buying, more people have recently been selling their jewelry to the shop, Slep said.

Customers have been scarce. About a week out from Christmas, the store – with handmade molded walls and ceilings resembling cave walls – sat empty aside from the rows of glass cases containing jewelry. It’s been hard, Slep said, but she and her husband are trying to make it through.

“This year is just not a jewelry Christmas, for whatever reason,” she said.

Better times on the horizon – depending on whom you ask

Slep is already looking ahead to next year for better times. She is confident that Trump’s economic policies – including upcoming tax cuts – will make a marked difference in people’s cost of living. In her eyes, the financial strains people are feeling are residual effects from the Biden administration that eventually will fade.

Optimism about what’s to come under Trump’s economy might also depend on whether residents feel their economic conditions have changed drastically in the past year. Shiva Mrain, an engineer in Rocky Mount, said his family’s situation has not “become worse nor better.” He’s been encouraged by seeing lower gas prices.

Bryant, the engine technician, feels a bit more disillusioned.

She didn’t vote in the last election because she didn’t think either party could enact changes that would improve her life. Nearly a year into the Trump administration, Bryant is still waiting to see whether the president will deliver.

“I can’t really say … that change is coming,” she said. “I don’t think anything is going to change.”



Source link

Tags: broughtCarolinaCostsFeelinghesinsistsNorthResidentssqueezedtheyreTrumpvisit
ShareTweetShare
Previous Post

Tariff engineering 101

Next Post

Epstein files: One of the few revelations is a copy of the earliest known red flag from 1996

Related Posts

edit post
Cloud security co Native emerges from stealth with b funding

Cloud security co Native emerges from stealth with $42b funding

by TheAdviserMagazine
March 17, 2026
0

Cybersecurity company Native Security has emerged from stealth mode and announced $42 million in funding. The company has also...

edit post
Cable & wire stocks fall up to 17% in March on metal price spike

Cable & wire stocks fall up to 17% in March on metal price spike

by TheAdviserMagazine
March 17, 2026
0

ET Intelligence Group: Shares of cable and wire companies have dropped 6-17% in March so far as a sudden jump...

edit post
McDonald’s newest  value menu is sounding an alarm about America’s K-shaped economy

McDonald’s newest $3 value menu is sounding an alarm about America’s K-shaped economy

by TheAdviserMagazine
March 17, 2026
0

McDonald’s is rolling out its cheapest value menu in years, a move that could speak more to the state of...

edit post
A gaming CEO asked ChatGPT how to avoid paying a 0 million bonus. It didn’t work

A gaming CEO asked ChatGPT how to avoid paying a $250 million bonus. It didn’t work

by TheAdviserMagazine
March 17, 2026
0

When Changhan Kim, CEO of the South Korean gaming company Krafton, decided he needed a way out of a costly...

edit post
Stocks haven’t hit bottom yet, says the analyst who called a ‘rolling recession’ when everyone else saw a boom

Stocks haven’t hit bottom yet, says the analyst who called a ‘rolling recession’ when everyone else saw a boom

by TheAdviserMagazine
March 17, 2026
0

Morgan Stanley’s Mike Wilson spent years insisting a “rolling recession” was hiding in plain sight while Wall Street celebrated what...

edit post
Analysts revise AI hyperscaler debt forecasts after Amazon bond sale

Analysts revise AI hyperscaler debt forecasts after Amazon bond sale

by TheAdviserMagazine
March 17, 2026
0

Analysts anticipate a higher supply of debt being raised by the Big Five hyperscaler companies this year as they race...

Next Post
edit post
Epstein files: One of the few revelations is a copy of the earliest known red flag from 1996

Epstein files: One of the few revelations is a copy of the earliest known red flag from 1996

edit post
Fidelity’s director predicts Bitcoin will enter bear market in 2026, bottoming near K

Fidelity's director predicts Bitcoin will enter bear market in 2026, bottoming near $65K

  • Trending
  • Comments
  • Latest
edit post
Foreclosure Starts are Up 19%—These Counties are Seeing the Highest Distress

Foreclosure Starts are Up 19%—These Counties are Seeing the Highest Distress

February 24, 2026
edit post
7 States Reporting a Surge in Norovirus Cases

7 States Reporting a Surge in Norovirus Cases

February 22, 2026
edit post
2025 Delaware State Tax Refund – DE Tax Brackets

2025 Delaware State Tax Refund – DE Tax Brackets

February 16, 2026
edit post
The Growing Movement to End Property Taxes Continues in Kentucky, And What It Means For Investors

The Growing Movement to End Property Taxes Continues in Kentucky, And What It Means For Investors

March 2, 2026
edit post
Who Is Legally Next of Kin in North Carolina?

Who Is Legally Next of Kin in North Carolina?

February 28, 2026
edit post
How Age Affects Your Social Security Disability Claim

How Age Affects Your Social Security Disability Claim

March 2, 2026
edit post
LegalZoom Review 2026: Pros, Cons, Top Alternatives

LegalZoom Review 2026: Pros, Cons, Top Alternatives

0
edit post
A gaming CEO asked ChatGPT how to avoid paying a 0 million bonus. It didn’t work

A gaming CEO asked ChatGPT how to avoid paying a $250 million bonus. It didn’t work

0
edit post
15 Budget-Friendly Ways Startups Can Address Cybersecurity Threats

15 Budget-Friendly Ways Startups Can Address Cybersecurity Threats

0
edit post
Power Couple OpenAI + Amazon May Have Just Won Consumer Agentic Commerce

Power Couple OpenAI + Amazon May Have Just Won Consumer Agentic Commerce

0
edit post
Financial advisor pay is a powerful strategic lever for RIAs

Financial advisor pay is a powerful strategic lever for RIAs

0
edit post
Where America’s Largest Renter Demographic Wants to Live

Where America’s Largest Renter Demographic Wants to Live

0
edit post
SEC’s Paul Atkins Floats Crypto ‘Safe Harbor’ Exemptions

SEC’s Paul Atkins Floats Crypto ‘Safe Harbor’ Exemptions

March 17, 2026
edit post
Cloud security co Native emerges from stealth with b funding

Cloud security co Native emerges from stealth with $42b funding

March 17, 2026
edit post
Cable & wire stocks fall up to 17% in March on metal price spike

Cable & wire stocks fall up to 17% in March on metal price spike

March 17, 2026
edit post
LegalZoom Review 2026: Pros, Cons, Top Alternatives

LegalZoom Review 2026: Pros, Cons, Top Alternatives

March 17, 2026
edit post
BASF – BAS: Breakout-Setup, aber …!

BASF – BAS: Breakout-Setup, aber …!

March 17, 2026
edit post
15 Budget-Friendly Ways Startups Can Address Cybersecurity Threats

15 Budget-Friendly Ways Startups Can Address Cybersecurity Threats

March 17, 2026
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • SEC’s Paul Atkins Floats Crypto ‘Safe Harbor’ Exemptions
  • Cloud security co Native emerges from stealth with $42b funding
  • Cable & wire stocks fall up to 17% in March on metal price spike
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.