Displaying items by tag: economy

Congress has begun its year-end sprint, and the debate over rising taxes is as hot as ever.

Published in Opinion
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Monday, 01 November 2021 12:26

OPINION: Public conflicted on housing markets

As they witness rapidly escalating costs for building, buying, and maintaining homes, the vast majority of North Carolinians clearly want their leaders to do something about affordable housing.

Published in Opinion
Friday, 22 October 2021 10:58

OPINION: The Biden angst

When a major media source tells you to lower expectations, one can easily surmise that interference is being run for President Biden. Please ignore all those political promises like reducing the cost of prescription drugs by 60% or an even more utopian pledge to “unify the country.” Clearly, campaign season is over. It’s time to settle in for some 1970s style malaise — only don’t complain so much this time.

Published in Opinion

RALEIGH — In a new poll out Thursday, Oct. 21, there are rumblings that North Carolina voters are growing frustrated with President Joe Biden's overall performance and his handling of jobs and the economy. With North Carolina a key state in the 2022 midterm elections, this statewide survey of 600 likely voters found 38% of respondents approve of Biden overall, but 56% do not. The margin of error in the survey is plus or minus 4%.

Published in Local News

President Joe Biden has heralded his $4.5-plus trillion spending proposals and accompanying tax hikes as an investment in “leading the world versus letting it pass us by.” Yet, paradoxically, a new analysis exposes one huge way Biden’s plans would make the U.S. less competitive on the global stage. 

Published in Opinion

RALEIGH — North Carolina’s economic health seems strong. Taxes are low, cost of living is below average, and a recent CNBC study gave the state a No. 2 ranking as “Best for Business” because of solid growth, quality workforce, business friendliness, and technology. 

Published in Local News
Monday, 20 September 2021 11:11

OPINION: Income and poverty facts matter

The income of the median American household fell by nearly 3% last year as the COVID-19 pandemic and subsequent regulations shuttered many businesses for months, closed others for good, and forced still other employers to cut back on hours and wages for the people they still employed.

Published in Opinion
Tuesday, 14 September 2021 17:14

OPINION: Small businesses, big impact

When you think of a small business, what comes to mind? Is it the cozy restaurant where you’ve been going for takeout and date night for the last few years? Is it the local shop that sponsors your child’s little league team? For us, it’s our colleagues, friends, and neighbors down the street who have taken the leap to start or grow a business.

Published in Opinion
Thursday, 17 June 2021 11:45

OPINION: A tale of two recoveries

We’re about to learn a lot about economic recoveries. Back in 2009, Barack Obama, with a hefty Democratic majority in Congress, tried to pull us out of the Great Recession with a tepid relief program designed to attract Republican support. It led to a slow recovery, and when the GOP took control of the Congress and many state legislatures after the 2010 Republican wave, they instituted austerity policies to counteract Obama’s spending. Climbing out of that recession took almost all decade.

Published in Opinion

RALEIGH — North Carolina is among the top five states in the nation on metrics such as tax rates, size of state government, and income transfer programs, according to a new report from the American Legislative Exchange Council.

Published in Local News
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