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Human service agencies held a press briefing in Raleigh today to call attention to the ongoing (and growing) pain afflicting people in need as the results of the absurd acroos-the-board “sequestration” cuts enacted by Congress eralier this year.  WRAL.com has the story here.

This is from a press release distributed at the event:

As both houses of Congress continue to debate the next steps in the federal budget, non-profit groups from around the Triangle hosted a press conference Tuesday to address the extreme damage already done to working families in North Carolina due to automatic, across-the-board sequestration and to call for replacing sequestration with a balanced approach that includes new revenues. Read More

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Most people paying attention to the American economy over the least few decades are already well-aware that “trickledown economics” – the notion that if the rich are allowed to gorge themselves, significant wealth will “trickle down” to folks at the lower levels — is hogwash. As has been shown repeatedly, the gap between the rich and everyone else continues to grow at an alarming rate.

This morning, however, we do see compelling evidence of another kind of trickledown effect that is real; it’s taking place right here in North Carolina. This trickledown effect involves the state budget and its impact in the real world.

Here’s how it works: Read More

If you’re lucky enough to be among the North Carolinians who can look forward to a delicious Thanksgiving feast this week, be sure to check out this new report from the N.C. Budget and Tax Center first.  The report includes a county-by-county table  that documents the rise in unemployment and Food Stamp participation since the onset of the Great Recession.