November consumer prices jumped 6.8 percent in November compared to a year earlier. That’s the highest annual inflation rate in nearly four decades. LSU economist, Dr. Loren Scott, says fixing the supply chain issues won’t likely do much to erase inflation. Scott talks about what he says is the inflationary impact of a very accommodating monetary policy by the Federal Reserve as being a major cause for rising prices.
Thanksgiving weekend was among the deadliest on Louisiana roadways this year with 15 crashes responsible for now 26 fatalities. DOTD spokesperson Rodney Mallett says after reviewing data from law enforcement a majority of the traffic fatalities were caused by speeding, impaired, or distracted driving all of which are preventable.
Tomorrow is Election Day for 34 Louisiana parishes, consisting of local matters, municipal runoffs, some tax proposals, and gaming for St. Tammany Parish. Secretary of State Kyle Ardoin says he already expected voter turnout to be low due to only a few things on the ballot, but inclement weather could reduce earlier predictions. In St. Tammany however, Ardoin says early voting there was significant and he expects the largest turnout to be in the southeast parish to decide if they will allow a gaming casino in Slidell.
In addition to gaming in St. Tammany, Ardoin says there are several races to be decided in the neighboring parish of Orleans.
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