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Growth of sports betting may be linked to financial woes, new studies find

While states have cheered the new tax revenue from sports gambling, some new studies have linked the burgeoning industry to lower consumer credit scores, higher credit card debt and less household savings. With access on their cellphones, gamblers can bet…

When business is booming but daily living is a struggle 

25 September 2024 at 10:30

Kristie Hilliard opened her new shop, Kristie Kandies, in downtown Rocky Mount, N.C., after getting tired of her factory job at the local Pfizer plant. She’s seen a steady flow of customers, but says she’s doesn’t think either Vice President Kamala Harris or former President Donald Trump would change her economic fortunes. (Kevin Hardy/Stateline)

Editor’s note: This five-day series explores the priorities of voters in Arizona, Georgia, Michigan, Nevada, North Carolina, Pennsylvania and Wisconsin as they consider the upcoming presidential election. With the outcome expected to be close, these “swing states” may decide the future of the country.

7 States + 5 Issues That Will Swing the 2024 Election

ROCKY MOUNT, N.C. — The signs on the empty historic buildings envision an urban utopia of sorts, complete with street cafes, bustling bike lanes and a grocery co-op.

“IMAGINE What Could Be Here,” gushes one sign outside the empty, Neoclassical post office. “IMAGINE! A Vibrant Downtown,” reads another mounted on the glass front of a long-ago closed drug store.

In a place like Rocky Mount, North Carolina, it’s not such a stretch: Just across the street, white-collar workers peck away at laptops and sip lattes at a bright coffee bar lined with dozens of potted tropical plants. A few blocks away, a mammoth events center routinely brings in thousands of visitors from across the country. And alongside a quiet river nearby, a meticulously redeveloped cotton mill would be the envy of any American city, with its modern breweries, restaurants and loft living.

An industrial community long in decline, Rocky Mount is slowly building itself back. But in this city of about 54,000, sharply divided by race and class, many residents struggle to cover the basic costs of groceries, housing and child care.

North Carolina reflects the duality of the American economy: Unemployment is low, jobs are increasing and businesses are opening new factories. But high housing and food costs have squeezed middle-class residents despite the gains of rising wages.

“The economy stinks,” said Tameika Horne, who owns an ice cream and dessert shop in Rocky Mount.

Her ingredient prices have skyrocketed, she said, but she can’t continuously raise prices on ice cream cones or funnel cakes. She said last month was her slowest ever, with only $2,000 in sales.

It’s not just the slow sales at her store: Only a few years ago, she paid $700 a month to rent a three-bedroom apartment. Now, her similarly sized rental home costs her $1,350 a month.

Aside from the ice cream shop, Horne also runs a cleaning business with her family and just started a job delivering packages for FedEx.

“It’s just hard right now,” she said.

The economy, a top issue for voters during any election, is particularly important this presidential cycle: Prices of necessities such as groceries aren’t rising as fast as they were, but years of post-pandemic inflation have soured voter attitudes.

And across the country, millions of families are struggling with rising housing costs. In four of the seven swing states — Arizona, Georgia, Michigan and Nevada — more than half of tenant families spend 30% or more of their income on rent and utilities, according to the 2023 American Community Survey.

In North Carolina, voter anxiety about the soaring rents and grocery bills could tip the scales.

“In terms of its political influence, it’s not actually your personal financial situation that is important, it’s your vision of the national economy,” said Matt Grossmann, a political science professor at Michigan State University. “So if I get a raise, I tend to credit myself. If I see higher prices, I tend to blame the government or the current situation.”

Around the corner from Horne’s ice cream store in downtown Rocky Mount, Kristie Hilliard greets a steady flow of customers to her new shop, Kristie Kandies. An armed cop, a nurse in scrubs and waist-high kids trickle in to grab a sweet treat.

After getting tired of her manufacturing job at the local Pfizer plant, Hilliard started making confections at home. As her following grew, she got a concession trailer and now has a storefront selling candied grapes, plums, kiwis and pickles.

Hilliard’s treats have attracted attention on social media, causing some buyers to drive in from as far away as Pennsylvania, she said.

A Democrat, she said she still hadn’t made up her mind on the presidential race. But she doesn’t believe either a Harris or a Trump administration would drastically change much for her business.

“They ain’t doing nothing for me now,” she said. “So, what would change?”

A community divided looks to the future

About 60 miles northeast of the state capital, Rocky Mount lies between the prosperous Research Triangle area and North Carolina’s scenic beach communities.

Railroad tracks and a county line slice through the middle of downtown. On the one side is the majority Black and lower-income Edgecombe County. On the other, the more prosperous and whiter Nash County.

While some officials say long-standing attitudes centered on division are fading, the county line has for decades provided a clear delineation of class, race and politics.

Edgecombe County is a Democratic stronghold, but the more populous Nash County is a bellwether of sorts. It was among the 10 closest of North Carolina’s 100 counties in the last presidential election, and one being closely watched this cycle. With 51,774 ballots cast, President Joe Biden took Nash County by 120 votes.

Around Rocky Mount’s downtown area, stately red brick churches and banks line the wide streets. But just a few blocks away, weeds overtake vacant lots, glass is smashed out of abandoned buildings, and razor wire tops the fencing of no-credit-needed car lots and used tire shops.

While the nearby Raleigh metro area has experienced explosive suburban growth, Rocky Mount Mayor Sandy Roberson said his community has seen an erosion of its middle class with the loss of corporate headquarters and factory jobs.

But he’s optimistic.

Young business owners are investing in downtown. Industries with operations in the Raleigh area are moving east. And both Republicans and Democrats just celebrated the news that Natron Energy plans to build a $1.4 billion electric vehicle battery plant nearby that will employ more than 1,000 people.

“We’ve got a lot of great things that are happening,” the mayor said. “But the key is, how do you build and retain a middle class? Because that’s who does the living and the dying and the investing in a community.”

The mayor’s position is nonpartisan, but Roberson is a Republican who in 2022 ran in the Republican primary for a congressional seat here. This election, however, is a difficult one for him.

Roberson said the economy and his financial position were unquestionably better during Trump’s term, but the Jan. 6, 2021, insurrection and the chaos of the last Trump presidency make him hard to support. At the same time, Roberson worries about Harris’ economic policies; he believes the current administration has accelerated inflation by pumping too much money into the economy.

“At some levels, it feels like I’m voting for somebody who wants to either be a dictator or somebody who wants to create a socialist state,” Roberson said. “And I’m not in either place.”

‘Nobody is immune’

In North Carolina and other swing states, Trump’s television ads hammer the vice president over high prices and “Bidenomics.”

Nash County Republican Party volunteer Yvonne McLeod said the economy, along with immigration, are the top concerns locally. Businesses still struggle to hire, rents have soared and food prices are still up, she said.

“Economically, we’re hurting,” she said.

Democrats must be honest about the financial pressures facing voters, said Cassandra Conover, a former Virginia prosecutor who now leads the Nash County Democratic Party. She noted that Harris ads running in North Carolina speak directly to middle-class concerns.

“Nobody is immune from what’s going on,” Conover said. “She’s telling all of us who are hurting, ‘I know, and we’re working for you.’”

Polling has shown voters are sour on the economy, with 63% saying the economy was on the wrong track in a Harvard-CAPS-Harris poll released this month. Republicans take a far dimmer view than Democrats.

“From past experience, we would expect Harris to inherit some of the blame or credit for the current economy, but so far in the polls, I would say there has been a surprising willingness of voters to not extend the blame for inflation that they had for Joe Biden onto Kamala Harris,” said Grossmann, the Michigan State University professor.

Housing anxiety

Housing costs have outstripped income gains in the past two decades, but those challenges have intensified since the COVID-19 pandemic, when demand increased, construction costs soared and interest rates spiked.

“It doesn’t matter if you’re a buyer or a renter,” said Molly Boesel, an economist at CoreLogic, a financial services information company. “You’re seeing your housing costs increase.”

Affordability is “the No. 1 issue” among voters in Nevada this year, said Mario Arias, the Nevada director of the Forward Party, a centrist political party founded by former Democratic presidential hopeful Andrew Yang.

A resident of the Las Vegas area, 30-year-old Arias said housing is his biggest financial concern. Throngs of Californians have moved into Nevada to lower their housing costs, but it’s driven up costs for everyone else, he said.

“If you want to get out of being a renter, you have to be in not just a good financial situation, but in a very stable financial situation,” he said.

The Federal Reserve cut interest rates last week for the first time in four years, whichcouldopen the housing market to more homebuyers as mortgage rates ease in the coming months.

The Biden administration has proposed several housing-related policies, including incentives to loosen zoning regulations and capping rent increases from corporate landlords. Harris has announced a proposal to provide up to $25,000 in housing assistance for a down payment to some potential first-time homeowners and promised tax incentives that she say’s would lead to 3 million more housing units by the end of her first term, if she’s elected.

Trump has not waded far into the details of how he would address the affordability issue in a second term. He has said he plans to bring down prices by barring immigrants in the country without legal authorization from getting mortgages. But his proposed immigration policies could further reduce the labor force for building homes. Previously, Trump’s administration talked about trying to cut state and local housing regulations, and it suspended federal regulations on fair housing.

In North Carolina, more than a quarter of the state’s households are cost burdened, meaning they spend more than 30% of their income on housing costs. It’s particularly challenging for renters, nearly half of which are cost burdened, according to the North Carolina Housing Coalition, a nonprofit affordable housing organization.

Stephanie Watkins-Cruz, housing policy director at the coalition, noted that the federal government’s calculation of fair market rent in North Carolina has shot up 14% in just one year — and 38% over the past five years.

“So unless everybody and their mama’s getting 14 to 20 to 38% raises, the math begins to not math,” she said.

It’s a familiar challenge in every swing state.

Wendy Winston, a middle school math teacher in Grand Rapids Michigan, said that though no one political candidate is responsible for the state of the economy, the cost of groceries and housing is hard to ignore.

“I don’t think the economy is terrible. It is sometimes difficult to make ends meet,” Winston said. “I don’t believe that it’s the fault of the government or policies of the government. I feel like it’s the individual corporations trying to make profit off the backs of the middle class.”

The average rent for a two-bedroom apartment in Grand Rapids is about $1,550 a month, according to rental site Apartments.com. Though Michigan ranks fairly average compared with other states for rent prices, the state saw some of the steepest rent increases in the country in recent years, and wages have not kept up. Residents unable to rent new, “luxury” apartments find themselves short of options for places they can afford.

“It’s not just cost, it’s availability,” Winston said. “There are a lot of new housing developments. Apartments and condos and things are being built, but I’m priced out of them. And I have a college degree, so I don’t think that’s helping our families.”

Hoping for revival

Back in North Carolina, near the banks of the Tar River, Rocky Mount Mills has a healthy waiting list for the apartments and the revamped homes it rents.

A former cotton mill built and once operated by slave labor, the campus closed in 1996, reopened in 2015 after a $75 million renovation, and is now home to breweries, restaurants and dozens of high-end apartments.

Chapel Hill native and entrepreneur Cameron Schulz never had Rocky Mount on his radar. But the development’s brewery incubator helped him launch HopFly Brewing Co., now one of the state’s largest self-distributing breweries.

After outgrowing its original space, HopFly relocated to Charlotte, but still operates a taproom in Rocky Mount. The Mills project has reinvigorated the city, Schulz said.

“Rocky Mount’s got one of the most beautiful, quintessential downtown strips that I’ve ever seen anywhere,” he said. “We’ve just got to fill it up with cool places to go, and people to go into those places.”

Main Street suffered for decades after the arrival of malls and a highway bypass. Over at Davis Furniture Company, two employees keep watch over an empty storeroom of sofas, beds and home decor.

Co-owner Melanie Davis said business has been good, though she believes customers are anxious about the presidential election. Pointing down the sidewalk to new restaurants and some loft apartments overlooking the railroad tracks, Davis said she’s bullish on the trajectory of downtown.

“I do feel like we’re on an upswing,” she said.

Michigan Advance’s Anna Liz Nichols contributed reporting.

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The Deciders: The issues and states that will determine who wins the White House

23 September 2024 at 14:00

Former President Donald Trump and Vice President Kamala Harris debate for the first time during the presidential election campaign at The National Constitution Center on Sept. 10 in Philadelphia. A handful of issues and groups of voters in battleground states could decide the race. (Alex Wong/Getty Images)

Editor’s note: This five-day series explores voter priorities in Arizona, Georgia, Michigan, Nevada, North Carolina, Pennsylvania and Wisconsin as they consider the upcoming presidential election and the nation’s future. With the outcome expected to be close, the “swing states” as they are called are often a bellwether for the country.

7 States + 5 Issues That Will Swing the 2024 Election

It’s been a wild few months in the presidential race: President Joe Biden dropped out and Vice President Kamala Harris captured the Democratic nomination. Former President Donald Trump survived an assassination attempt in Pennsylvania and was targeted again at his golf club in West Palm Beach, Florida.

Despite the historic lead-up to Election Day, the race has now settled into familiar territory: Much like 2020’s contest, top political strategists on both sides of the aisle expect control of the White House could come down to just a few thousand votes in a handful of battleground states.

“This is not going to be an election where you will see a landslide. It’s going to be won in the margins in six to seven swing states,” Democratic strategist Donna Brazile told a crowd of state lawmakers from across the country last month.

Brazile, who ran Al Gore’s 2000 presidential campaign, shared the stage with Republican strategist Kellyanne Conway, who managed Trump’s 2016 campaign and advised him in the White House.

Unsurprisingly, the pair disagreed on much.

But while speaking at the National Conference of State Legislatures in Kentucky, the two senior strategists framed the race similarly to the 2020 contest, when fewer than 50,000 votes in Arizona, Georgia and Wisconsin separated Biden and Trump from an Electoral College tie.

“It is a different race. It has turned in very short time, but the issue set hasn’t changed at all,” Conway said. “And I think that’s what’s important here.”

Voters line up on the first day of early voting in 2020 in Las Vegas, Nev. (Jeniffer Solis/Nevada Current)

Like last cycle, the two campaigns are pouring millions into Arizona, Georgia, Michigan, Nevada, North Carolina, Pennsylvania and Wisconsin.

In this “Battleground” series, States Newsroom, the nation’s largest state-focused nonprofit news organization, explores the political issues and groups of voters that could make the difference in those seven states and, consequentially, in the race for the White House.

Unsurprisingly, economic issues  namely, stubbornly high prices — are proving central for many voters across the swing states. But voters also are concerned about immigration, abortion access and the future of the Supreme Court.

In states such as Michigan and Nevada, Pennsylvania and Wisconsin, labor unions could prove instrumental for Harris after years of significant gains by organized labor.

In Georgia and North Carolina, Black voter turnout could make the difference, while Latino voters are closely divided in Nevada after helping propel Biden to victory there four years ago. In every swing state, campaigns are focused on all-important suburban voters.

The election’s outcome also could be shaped by the work of officials who have been debating who can vote and which votes should count since the mayhem of the last presidential contest.

This is not going to be an election where you will see a landslide. It’s going to be won in the margins in six to seven swing states.

– Democratic strategist Donna Brazile

Four years ago, a false narrative that questioned the security and integrity of elections took hold in some legislatures. New laws changed ballot-counting practices and made it more difficult to vote in many states, including swing states. In states such as Michigan and Wisconsin, there is broad concern that despite the checks and balances built into the voting system, local Republicans tasked with certifying elections will be driven by conspiracy theories and refuse to fulfill their duties if Trump loses again.

Fears that these efforts could sow chaos and delay results is not unfounded: Over the past four years, county officials in the swing states of Arizona, Georgia, Michigan, Nevada and Pennsylvania have refused to certify certain local elections.

With such a close race, voter turnout and motivation will be key in all the battleground states.

As in other swing states, North Carolina’s 16 Electoral College votes could hinge on how political independents vote, said Carter Wrenn, a longtime Republican strategist who has worked on many campaigns.

And those independents can be unpredictable in North Carolina: Their votes helped both Democratic Gov. Roy Cooper and Trump carry the state in the last two general elections.

“It’s the independents that are up for grabs, and they don’t mind splitting a ticket at all,” Wrenn said. “Ultimately, in the general election, that’s the key group.”

The economy

In every state this year, the economy is a central issue.

As Trump tries to fault Harris and Biden for the high costs of everyday living, polling shows voters blame Harris less for the situation than they did Biden — though likely voters profess more confidence in Trump’s ability to manage the economy.

For her part, Harris has unveiled plans to lower prices of rent, homebuying and groceries, arguing she will remain focused on the middle class from Day One, contrasting her ideas with what she characterizes as Trump’s catering to billionaires.

In Georgia, Republicans and Democrats alike have found success in recent statewide campaigns by highlighting similar kitchen table issues. After attending a Harris rally in Savannah last month, Georgia voter Sarah Damato said she doesn’t believe Trump will fight for the middle class.

At the event, the vice president told listeners she would lower costs by fighting corporate price-fixing and touted her proposal for a “care economy,” a set of progressive proposals including benefits for parents of newborns and credits for first-time homebuyers.

“Kamala Harris made it very evident today that the American family is the most important thing on her mind these days, and she’s going to make it easier for each one of us to have a brighter future,” Damato said.

In Kenosha, Wisconsin, meanwhile, Republican Party volunteer Sharon Buege said she supports the GOP ticket because she sees the race as a matter of “good versus evil.” Speaking outside a news conference by Trump running mate J.D. Vance, Buege said she opposed “the whole left agenda,” adding that her top issues in the race were border security, the economy, human trafficking, homelessness and “indoctrination” in public schools.

It is a different race. It has turned in very short time, but the issue set hasn’t changed at all.

– Republican strategist Kellyanne Conway

At that same news conference, a man who would only give his name as “John” said the economy and inflation mattered most: “I don’t need a reminder of why to support Trump. I can get that every time I go to the gas station or grocery store.”

Groups of voters

With Republicans looking to run up margins in rural parts of the battleground states and Democrats banking on big leads in cities, the suburbs remain pivotal.

In Georgia, diverse and growing suburbs have helped move the state from reliably red to purple.

In the state’s two largest suburban counties of Cobb and Gwinnett, Biden picked up more than 137,000 votes in 2020 over 2016 Democratic nominee Hillary Clinton, according to data from the Georgia Secretary of State’s office. The same year, Trump boosted his total by just under 32,000 votes over his 2016 performance.

The Trump campaign boasts a mighty in-state operation: nearly 15,000 volunteers signing up between mid-July and the end of August, nearly 300 events scheduled for September, and 4,000 neighborhood organizers and canvassers — known as Trump Force Captains — joining the cause in July and August.

But Team Harris says they are running the largest Georgia operation of any Democratic presidential campaign cycle, with more than 200 campaign staff in 28 offices. Harris’ recent visit to the more conservative south side of the state marked her 16th trip to Georgia since becoming vice president and her seventh trip this year.

Harris is hoping to fire up the young, diverse Democratic base, but her team also is hoping she can hang onto or expand on Biden’s coalition of older, affluent, educated and largely white suburbanites.

“Those are the people who are actually kind of pivotal and who will modify or change their behavior,” said University of Georgia political science professor Charles Bullock.

“These people are largely Republicans, but they can’t bring themselves to vote for Donald Trump or for Republicans who are closely associated with him,” Bullock said.

Larry Ceisler, a Philadelphia public affairs executive and political analyst, said the four suburban Philadelphia counties surrounding Pennsylvania’s largest city are key to winning that state. Once a Republican bastion, the so-called collar counties of Bucks, Chester, Delaware and Montgomery have swung strongly in the other direction since 2016.

That complicates messaging for both campaigns, Ceisler said. Trump’s anti-abortion stance and Harris’ effort to back away from her earlier statements against fracking — both positions that appeal to rural and western Pennsylvania voters — are potential liabilities in suburbs.

Democrats have a 343,000-voter registration advantage over Republicans in Pennsylvania. But the state has been decided by narrow margins in the last two presidential elections.

Daniel Mallinson, an associate professor of public policy and administration at Penn State Harrisburg, noted that the Trump campaign has paid attention to Black and Latino voters.

“One of the weaknesses that Biden had as a candidate was he had weakening support among African American voters. And then Trump has actually done fairly well, particularly in some other states, like in Florida, with Latino voters,” Mallinson said, adding that Harris’ nomination changes the equation somewhat.

After Democrats seemingly all but wrote off Arizona for Biden, the contest there is proving more winnable for Harris. Biden narrowly won Arizona in 2020, but he had been hemorrhaging Latino support this year.

Michigan strike
Employees join the picket line in September 2023 at General Motors’ Lansing Redistribution Center in Lansing, Mich. (Anna Liz Nichols/Michigan Advance)

In the manufacturing-heavy upper Midwest, labor unions could prove consequential in not only persuading voters but also motivating them to the polls.

Biden was the first sitting president to visit a picket line when the United Auto Workers last year took on the “Big Three” Detroit automakers — Ford, General Motors and Stellantis — by going on strike. That effort led to significant increases in pay and benefits for workers.

The UAW, which in August announced a national campaign to motivate its 1 million active and retired members to vote for Harris, says its membership accounted for 9.2% of Biden’s 2020 votes in Michigan alone.

“To me, this election is real simple,” UAW president Shawn Fain told a crowd of about 15,000 people last month at a rally in Detroit for Harris and her running mate, Minnesota Gov. Tim Walz. “It’s about one question. It’s a question we made famous in the labor movement: Which side are you on?”

Political weaknesses 

While Democrats are more motivated than when Biden was the presumptive nominee, they still face internal conflicts, the most high-profile of which has been about the Israel-Hamas war in Gaza.

Dee Sull, a Las Vegas attorney who works in immigration and family law, is a registered Democrat who said she would never vote for Trump. Yet she doesn’t really want to vote for Harris, leaving her “very torn” this election.

“I believe our foreign policy in Gaza is completely ridiculous. I’m very disturbed,” she said of U.S. military aid to Israel. “If we’re going to spend money, I want it spent on my kids here — on my neighbors’ kids here.”

Sull said both parties have silenced the voices of those who protest the death and destruction in Gaza. And she was irritated that Palestinian American activists were not allowed to speak at the Democratic National Convention last month.

Sull won’t sit out the election, but said she would prefer to vote for a third candidate with a viable shot at winning.

“Probably like a lot of Americans would if they had that opportunity,” she said.

For Trump, voters’ overwhelming support for abortion rights could prove a huge liability in swing states.

While Trump has wobbled in recent months on whether he would veto a national abortion ban, the Supreme Court justices he appointed dismantled abortion access across the country in 2022 — an unpopular position even in red states such as Kansas, Kentucky and Ohio that since have voted to expand abortion rights.

In Wisconsin, Planned Parenthood stopped offering abortions at its health clinics after the court’s Dobbs decision because of an 1849 “trigger” state law that immediately took effect. Wisconsin women lost all abortion services there for a year and a half, until a court re-interpreted the state law.

This summer’s shakeup has reset the race, said Amy Walter, publisher of The Cook Political Report, an independent, nonpartisan newsletter that analyzes elections. So far, likely voters in the swing states view Harris more favorably than Biden, she said. But with Trump benefiting from an electorate skeptical of the state of the economy, the newsletter characterized the race as “a battle of inches.”

The campaigns both face a lot of voters who are disenchanted with politics altogether, or else unhappy with their options.

Amy Tarkanian, a conservative television commentator who once lauded Trump to national audiences and was chair of the Nevada State Republican Party in 2011-12, said she’s at “a complete loss” this year. She remains a Republican, even after the state party heavily criticized her when, two years ago, she endorsed a pair of Democratic candidates for state offices.

“I’m not happy, or necessarily sold on Kamala,” Tarkanian said. “… But I absolutely do not want to vote for Donald Trump.”

Arizona Mirror’s Jim Small, Michigan Advance’s Anna Liz Nichols and Jon King, Nevada Current’s Hugh Jackson, NC Newsline’s Galen Bacharier, Pennsylvania Capital-Star’s Peter Hall and John Cole, Georgia Recorder’s Ross Williams, and Wisconsin Examiner’s Ruth Conniff and Henry Redman contributed reporting.

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