The governor's race is on the ballot in Utah this year. Despite the vitriol commonly seen spewing between candidates in races across the country, the two major-party candidates here, Republican Lieutenant Governor Spencer Cox and Democratic challenger Chris Peterson have linked arms for an unconventional campaign ad, displaying a united front.
The promotion provides a look at civil discourse between two opposing candidates and the ideas they share on how to move the state forward. The candidates both agree that, through the commercial, Americans can see that those with opposing views can still tackle the toughest problems without being disrespectful toward one another.
“It really is the foundation of our country and these democratic principles that we hold so dear," Cox told Cheddar. "For 240 years we’ve been figuring out ways to get along, even when we disagree; and it just feels, in the current climate, like it’s more important than ever that we remind people that we are Americans first.”
While civility between politicians is not at the level it had been in some previous years, these candidates hope to inspire other lawmakers nationwide to take a more active approach to restore it in politics.
For Peterson, the divisive path America has traveled down is a threat to democracy.
“I worry that we're losing sight of the fact that we’re all one nation and not separate political tribes,” he said.
Spencer is calling on Americans to practice the same civility they expect from elected officials.
“That means being more civil on Facebook, on Twitter. Not surrounding ourselves with voices like ours. Not degrading and demeaning the other side but really trying to listen to learn and listen to understand,” Cox said.
The pair’s unconventional method of reaching the voters in Utah has even opened up the possibility of the two working together once a winner is declared — the results both have agreed to accept once announced.
President Joe Biden announced Friday that along with the European Union and the Group of Seven countries, the U.S. will revoke “most favored nation” trade status for Russia over its invasion of Ukraine.
The consumer price index jumped 7.9 percent in February, marking a 40-year high for inflation in the U.S. This report comes less than a week ahead of the Fed's all important meeting. Kayla Bruun, Economic Analyst, Morning Consult, joined Cheddar's Opening Bell to discuss.
Markets opened lower amid hotter-than-expected inflation data, which surged to its highest level in nearly 40 years. Lisa Erickson, Senior Vice President and Co-Head, Public Markets Group, U.S. Bank joined Cheddar's Opening Bell to discuss the significance of this figure ahead of the Federal Reserve's FOMC meeting.
As the Russia-Ukraine war disrupts the global economy, sending markets on a roller coaster ride, gold remains hovering around $2,000 an ounce. Often seen as a safe haven in times of economic crisis, Jason Cozens, founder and CEO of gold-as-currency platform Glint Pay, joined Cheddar’s Opening Bell to discuss the latest gold rush, how the war is impacting prices, and how people can use Glint to trade in the precious metal. “You know the stock markets and cryptocurrencies are risky investments," he stated. "Whereas gold is just reliable money. It's no one else's liability if you own."
As Western sanctions weigh on Russia's economy, the country is at the risk of defaulting on its debt. Fitch ratings agency has downgraded Russia's debt for the second time in a week, warning a "sovereign default is imminent." Jesse Wheeler, Economic Analyst at Morning Consult, explains what that means, and how it could have ripple effects across the global economy.
Uber Lyft and Doordash are all set to spend $1 million dollars on a campaign and efforts to stop lawmakers from classifying their gig workers as employees. The campaign features TV and online ads highlighting Washington area workers who say they prefer the flexibility of being an independent contractor rather than following the model of a company employee. Professor at NYU. Stern School of Business and author of the sharing economy, Arun Sundararajan, joined Cheddar to discuss more.
President Biden is looking at unlikely partners to buy oil, after banning all Russian energy imports. Among them is Venezuela, a regime that has been sanctioned by the U.S. since 2019. Ariel Cohen of the Atlantic Council explains to Cheddar News why that might not be a bad choice.
