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The debate about inflation is a longstanding one in macroeconomics. There are always doomsayers warning that inflation is around the corner, and then others trying to calm those fears. Alarmists most often recall the tumultuous 1980s 14% inflation rate and are concerned a relapse might be on the horizon. There is currently considerable disagreement about how concerned people should be about inflation. Before the pandemic, the unemployment rate had fallen by quite a bit, to the point that typical economic thinking would have said it should have caused inflation to rise. But we did not see that happen. Some economists think the pent-up demand from the pandemic lifestyle is driving a rise in spending as COVID-19 becomes more under control. That influx of money into the economy could push prices higher, in turn potentially driving inflation above the Federal Reserve’s target rate of just over 2%.
Read moreResidents around the Dayton area are growing excited with anticipation that Whataburger will be coming to town. The new location is off of HWY 146 next to the Stripes gas station, across from Stephen F. Austin Elementary. This will be the 3rd location in the county, with long established ties to...
Read moreTexas celebrated the 185th anniversary of the Battle of San Jacinto yesterday, as Texans honored those that contributed to the epic 18-minute victory over Santa Anna’s 1,200 Mexican troops that ended the Texas Revolution and gave way to the Republic of Texas. The battle was led...
Read moreA large crowd of community members made their way out in some less than ideal weather conditions for a ribbon cutting at the brand new Whataburger location in Cleveland. The Greater Cleveland Chamber was excited to be a part of the event that included some of the great students at Cleveland High School. The Vindicator
Read moreAt the Liberty City Council Meeting on Tuesday night, the council voted 6-0 in favor of a resolution authorizing Liberty City Manager Tom Warner to negotiate and execute a lease agreement with Scott and Jolee Neal for the use of the clubhouse restaurant at the Liberty Municipal Golf Course.
Read moreOfficials from the City of Dayton and Liberty County were joined by U.S. Congressman Brian Babin and others for a groundbreaking ceremony for Gulf Inland Logistics Park. Dayton Mayor Caroline Wadzeck started the ceremony by welcoming CMC Railroad for their partnership...
Read moreVivian was a longtime resident of Liberty/ Dayton Texas where she grew up and attended school. Since the late 8o’s she has moved on. Vivian Graduated with a bachelor’s degree in Business Education from Texas Southern University in 1987. Afterward, she attended graduate school at Stephen F Austin...
Read moreAdams Homes is the latest builder to come to Grand Oaks Reserve in Cleveland, Texas, as community members gathered for their official ribbon-cutting ceremony.
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