No Result
View All Result
  • Login
Monday, July 13, 2026
theadvisertimes.com
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
No Result
View All Result
theadvisertimes.com
No Result
View All Result
Home Business

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

by theadvisertimes.com
7 months ago
in Business
Reading Time: 4 mins read
A A
0
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

Senator Lummis to retire from Senate in 2027, focuses on crypto legislation as final legacy

Next Post

7 things lower middle class people think will make them happy but don’t

Related Posts

Iran mocks Trump’s reversal on Hormuz charges — ‘20% is of course too much. We will be fair’

Iran mocks Trump’s reversal on Hormuz charges — ‘20% is of course too much. We will be fair’

by theadvisertimes.com
July 13, 2026
0

The U.S. announced a new round of strikes on Iran on Monday, hours after President Donald Trump said Washington is “reinstating” a...

Mitch McConnell’s absence complicates Trump’s defense spending push amid Iran war

Mitch McConnell’s absence complicates Trump’s defense spending push amid Iran war

by theadvisertimes.com
July 13, 2026
0

The absence of two key Senate Republicans has complicated the Trump administration’s ambitions to pass budget appropriations and increase defense...

US stocks today: US stocks end lower as Iran tensions dampen risk appetite; chipmakers drop

US stocks today: US stocks end lower as Iran tensions dampen risk appetite; chipmakers drop

by theadvisertimes.com
July 13, 2026
0

Tech shares pulled U.S. stocks lower on Monday after President Donald Trump announced that he would reinstate a blockade on...

Exclusive: Delaware Secretary of State partners with Norm Ai to propose the AIC, a legal entity for agents

Exclusive: Delaware Secretary of State partners with Norm Ai to propose the AIC, a legal entity for agents

by theadvisertimes.com
July 13, 2026
0

In a 2023 essay published in Science, one of us argued that nothing in the law of several states clearly...

Germany opposes EU trade embargo on settlements

Germany opposes EU trade embargo on settlements

by theadvisertimes.com
July 13, 2026
0

The German government made it clear today that any vote on a boycott or toughening of trade terms with...

Germany approves healthcare costs overhaul despite significant pharma opposition

Germany approves healthcare costs overhaul despite significant pharma opposition

by theadvisertimes.com
July 13, 2026
0

Lawmakers in Germany have passed a bill that will cut health insurance costs in a shakeup that has generated strong...

Next Post
7 things lower middle class people think will make them happy but don’t

7 things lower middle class people think will make them happy but don't

Corruption In The Regulators Of Finance & Pharmaceutical

Corruption In The Regulators Of Finance & Pharmaceutical

  • Trending
  • Comments
  • Latest
Should You Offer a Concession to Get Your Apartment Leased Faster?

Should You Offer a Concession to Get Your Apartment Leased Faster?

June 15, 2026
How I Maximize My Sapphire Reserve Dining Credit

How I Maximize My Sapphire Reserve Dining Credit

July 10, 2026
Fourth of July 2026 Freebies and Deals

Fourth of July 2026 Freebies and Deals

July 3, 2026
5 things financial therapists want every advisor to know

5 things financial therapists want every advisor to know

June 26, 2026
The 10 Largest NYC Tech Startup Funding Rounds of June 2026 – AlleyWatch

The 10 Largest NYC Tech Startup Funding Rounds of June 2026 – AlleyWatch

July 6, 2026
Prime Day, June 2026: How Retailers Competed With Amazon

Prime Day, June 2026: How Retailers Competed With Amazon

June 29, 2026
Coinbase Smart Wallet Verification Upgrade Targets The Multi-Chain UX Problem

Coinbase Smart Wallet Verification Upgrade Targets The Multi-Chain UX Problem

0
New Jersey Tax-Relief Events: Three July Dates Near Seniors

New Jersey Tax-Relief Events: Three July Dates Near Seniors

0
Market Talk – July 13, 2026

Market Talk – July 13, 2026

0
Microsoft celebrates 50 years with Copilot

Microsoft celebrates 50 years with Copilot

0
What Is a Partner Portal? A Complete Guide for Manufacturers

What Is a Partner Portal? A Complete Guide for Manufacturers

0
How advisors can help clients plan for fertility treatment costs

How advisors can help clients plan for fertility treatment costs

0
Chinese humanoid startups are rushing to list

Chinese humanoid startups are rushing to list

July 13, 2026
8,924 in Esports Bets Reveal the Esports World Cup’s Biggest Week 2 Favorites

$558,924 in Esports Bets Reveal the Esports World Cup’s Biggest Week 2 Favorites

July 13, 2026
Iran mocks Trump’s reversal on Hormuz charges — ‘20% is of course too much. We will be fair’

Iran mocks Trump’s reversal on Hormuz charges — ‘20% is of course too much. We will be fair’

July 13, 2026
How advisors can help clients plan for fertility treatment costs

How advisors can help clients plan for fertility treatment costs

July 13, 2026
New Jersey Tax-Relief Events: Three July Dates Near Seniors

New Jersey Tax-Relief Events: Three July Dates Near Seniors

July 13, 2026
Mitch McConnell’s absence complicates Trump’s defense spending push amid Iran war

Mitch McConnell’s absence complicates Trump’s defense spending push amid Iran war

July 13, 2026
theadvisertimes.com

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Financial Planning
  • Investing
  • Market Analysis
  • Markets
  • Money
  • Personal Finance
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Chinese humanoid startups are rushing to list
  • $558,924 in Esports Bets Reveal the Esports World Cup’s Biggest Week 2 Favorites
  • Iran mocks Trump’s reversal on Hormuz charges — ‘20% is of course too much. We will be fair’
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • About Us
  • Contact 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
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading

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