Monday, January 16, 2017
Looking ahead to what 2017 may hold, I'm concerned that Durham and the nation are in a twilight zone. Not the Twilight Zone, but a twilight zone where investment and families that have planted themselves in Durham (making it one of the fastest growing municipalities in the nation) are showing a "wait-and-see" attitude after the election in one of the bluest counties in North Carolina. Our flickering twilight refers to how we are largely going along "business as usual" while we wait for Trump to take office. Restaurants are still filled, and the Bakery's business could not be better. We are servicing new customers, new restaurants, and showing growth with existing wholesale customers. But the anxiety remains that should Trump open the floodgates on U.S. debt through tax cuts (especially for the 1%) or by making war, US finances may quickly spiral and all the consumer confidence (and jobs) gained post-2008 may be lost.
Posted by Ari at 8:03 AM