No. 82: Davidson Alums to Play a Big Role in 2016 NC Senatorial Race?

North Carolina Democrats are beginning to roll out plans for unseating Republican Richard Burr from the Senate. This is set to be an interesting election if rumors are correct that former UNC president Tom Ross and current US Transportation Secretary Anthony Foxx are eyeing a run for the seat. Both are Davidson grads and Tom Ross was president of the school. 

I don’t take pleasure in the thought of them fighting each other for the seat, but the political environment in the state calls for good leaders and I believe both of them could fill the need. 

No. 79: Mother Ghana is Struggling

My neck hurts after shaking my head while reading this Economist piece on Ghana’s economic woes. Some highlights:

  • Public debt could reach 70 percent this year
  • The Ghana Cedi has lost over 99 percent of its value to the dollar (Keep in mind Ghana switched from the New Cedi to the Ghana Cedi)
  • Since 1966, Ghana has sought IMF help 16 times

Elections are coming up next year, so we will probably see more spending. President Mahama has a lot of work on his hands in the lead-up. I imagine he will cite progress made on addressing power issues and the exploding budget, and that he should be re-elected to continue righting the ship.

Elections are a lot of work. Perhaps, the better move would be to not seek re-election, double down and get reforms right over the next 18 months, and hand off an improving situation to his successor.