The Stanly News and Press (Albemarle, NC)

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February 11, 2013

Red Cross makes budget adjustment

Monday, February 11, 2013 — The town of Red Cross met briefly Monday evening, with an amendment to their current budget as only item of new business.

Councilman Jerry Jordan said that the amendment will help the town balance their debt retirement.

For more on the meeting from Red Cross, see Tuesday’s Stanly News & Press.

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    NEW YORK - Economists love hamburgers. Specifically fast-food burgers. This is partly because all right-thinking human beings love ground meat on a bun, but it's also because the sandwich makes a handy yardstick for international financial comparisons. The ingredients and labor involved in preparing a Big Mac are pretty much the same no matter where you are in the world, so by looking at how many hours of toiling it takes a worker to earn enough to purchase one, you can get a sense of how wages really stack up across countries. The Economist famously created the Big Mac index in 1986 to see which currencies were overvalued. It started as a joke. Now, as the magazine proudly notes, it's a subject of academic study.

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West Stanly softball home game with Butler on April 2, 2014

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