No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Sunday, May 3, 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
4 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
Zoom is handing 0K to solopreneurs as AI pushes 33 million workers to become their own boss

Zoom is handing $150K to solopreneurs as AI pushes 33 million workers to become their own boss

by TheAdviserMagazine
May 3, 2026
0

As AI threatens to wipe out jobs, the American dream—stable employment, a clear ladder to climb, and a company to...

edit post
Trump vows to reduce U.S. troops in Germany ‘a lot further’ than 5,000

Trump vows to reduce U.S. troops in Germany ‘a lot further’ than 5,000

by TheAdviserMagazine
May 2, 2026
0

President Donald Trump said on Saturday that the U.S. will significantly reduce its troop presence in Germany, escalating a dispute with Chancellor...

edit post
Can the ‘blue economy’ deliver on its promise? Investors are starting see the ocean as an asset worth protecting

Can the ‘blue economy’ deliver on its promise? Investors are starting see the ocean as an asset worth protecting

by TheAdviserMagazine
May 2, 2026
0

The term “blue economy” has been circulated among environmental commentators for years—usually meaning whatever the speaker wants it to mean....

edit post
Globe Life Holds Virtual Annual Meeting, Shareholders Approve 2026 Incentive Plan and Deloitte Auditor

Globe Life Holds Virtual Annual Meeting, Shareholders Approve 2026 Incentive Plan and Deloitte Auditor

by TheAdviserMagazine
May 2, 2026
0

Key Points Shareholders approved the Globe Life Inc. 2026 Incentive Plan, enabling new equity awards, and ratified Deloitte & Touche...

edit post
Micron vs. SanDisk: Which Stock Is the Better Buy for the AI Boom?

Micron vs. SanDisk: Which Stock Is the Better Buy for the AI Boom?

by TheAdviserMagazine
May 2, 2026
0

The S&P 500 has produced a 441% return over the past 20 years. That's good, but the 8.9% annual gain...

edit post
Interest on US debt is a top driver of future deficits, as past borrowing overwhelms fiscal outlook 

Interest on US debt is a top driver of future deficits, as past borrowing overwhelms fiscal outlook 

by TheAdviserMagazine
May 2, 2026
0

U.S. debt is expected to continue soaring in the coming decades not because of excesses committed by future lawmakers, although...

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
Florida Warning: With Senior SNAP Benefits Averaging 8/Month, Thousands Risk Losing Assistance in 2026

Florida Warning: With Senior SNAP Benefits Averaging $188/Month, Thousands Risk Losing Assistance in 2026

April 27, 2026
edit post
Tax Flight Accelerates In Massachusetts

Tax Flight Accelerates In Massachusetts

April 6, 2026
edit post
The Stevia Loophole Why Some Sweetened Drinks are Still SNAP-Legal While Others are Banned in Texas

The Stevia Loophole Why Some Sweetened Drinks are Still SNAP-Legal While Others are Banned in Texas

April 4, 2026
edit post
10 Cheapest High Dividend Stocks With P/E Ratios Under 10

10 Cheapest High Dividend Stocks With P/E Ratios Under 10

April 13, 2026
edit post
Exclusive: America’s largest Black-owned bank launches podcast with mission to unlock hidden shame holding back generational wealth

Exclusive: America’s largest Black-owned bank launches podcast with mission to unlock hidden shame holding back generational wealth

April 29, 2026
edit post
I Replaced My K Salary with 2 Real Estate Deals Per Year

I Replaced My $80K Salary with 2 Real Estate Deals Per Year

April 6, 2026
edit post
67% of high school graduates opting against college cite cost-of-living concerns, poll finds

67% of high school graduates opting against college cite cost-of-living concerns, poll finds

0
edit post
Zoom is handing 0K to solopreneurs as AI pushes 33 million workers to become their own boss

Zoom is handing $150K to solopreneurs as AI pushes 33 million workers to become their own boss

0
edit post
Best money market account rates today, May 2, 2026 (best account provides 4.01% APY)

Best money market account rates today, May 2, 2026 (best account provides 4.01% APY)

0
edit post
6 months out, control of the Senate is 50-50, traders on Kalshi say

6 months out, control of the Senate is 50-50, traders on Kalshi say

0
edit post
From Risk Premia to Constraint

From Risk Premia to Constraint

0
edit post
Government Regulations Create Monopolies and Stifle Competition

Government Regulations Create Monopolies and Stifle Competition

0
edit post
Zoom is handing 0K to solopreneurs as AI pushes 33 million workers to become their own boss

Zoom is handing $150K to solopreneurs as AI pushes 33 million workers to become their own boss

May 3, 2026
edit post
This Week In Bitcoin: Top Developments That Could Signal A New Era

This Week In Bitcoin: Top Developments That Could Signal A New Era

May 3, 2026
edit post
What 40 years of showing up to hard, physical work taught me about the mental habits no productivity app will ever replicate

What 40 years of showing up to hard, physical work taught me about the mental habits no productivity app will ever replicate

May 2, 2026
edit post
Trump vows to reduce U.S. troops in Germany ‘a lot further’ than 5,000

Trump vows to reduce U.S. troops in Germany ‘a lot further’ than 5,000

May 2, 2026
edit post
Through-Channel Marketing Automation (TCMA): The 2026 Guide to Scaling Partner Demand

Through-Channel Marketing Automation (TCMA): The 2026 Guide to Scaling Partner Demand

May 2, 2026
edit post
Can the ‘blue economy’ deliver on its promise? Investors are starting see the ocean as an asset worth protecting

Can the ‘blue economy’ deliver on its promise? Investors are starting see the ocean as an asset worth protecting

May 2, 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

  • Zoom is handing $150K to solopreneurs as AI pushes 33 million workers to become their own boss
  • This Week In Bitcoin: Top Developments That Could Signal A New Era
  • What 40 years of showing up to hard, physical work taught me about the mental habits no productivity app will ever replicate
  • 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.