Opinion
It’s the economy, stupid
Are you better off today than you were four years ago? Trump’s simple question resonated powerfully. Overwhelmingly, voters were drawn to a candidate who promised economic improvement.
Opinion
Recession: Not if, but when?
It would be prudent for policymakers in the General Assembly to begin formulating policy solutions to address a forthcoming recession.
Opinion
Our economic crisis is also a moral one
It is an error of the highest order to assume morality has nothing to do with economics. The stewardship of resources, seemingly spiritually devoid things like monetary policy, and the economic indicator called inflation are directly tied to our moral decisions as a nation and as individuals. For those of religious faith, as many here...
News
North Carolinians hit hard by inflation, rising rents
North Carolinians are feeling the pinch of rising inflation, with skyrocketing rent prices putting a strain on their budgets. The latest Consumer Price Index (CPI) numbers released yesterday highlight rent and car/truck prices as the primary driving factors behind national inflation. According to the CPI data, rent prices in North Carolina have been on a...
News
Mixed employment picture in N.C. draws concern for the future
Nearly 60,000 North Carolinians never re-entered the labor force after the Covid shutdowns.
News
Five policies that are driving up prices, and what we can do now
The Federal Reserve announced an increase in interest rates Wednesday, the largest increase in a single meeting in nearly 30 years. The Biden Administration is blaming Putin and says inflation is global. Economists tell a different story.
News
Economist predicts inflation, even price controls, in 2022
Whether it is filling up at the pump, paying more for goods and services, or not finding your favorite item on the grocery store shelves, there is no denying that inflation and supply chain issues have affected everyone in one way or another. Mike Walden, professor emeritus in economics at North Carolina State University, said...
Opinion
Worker shortage won’t end soon
North Carolina’s labor-force participation rate was 59.3% in November. Two years ago, in November 2019, that rate was 61.5%.
News
Former economic developer of Randolph megasite commits suicide
Former Wilmington-area theater owner Finley Powell on April 22 committed suicide at a Kure Beach house owned by his father. He was 52 and left behind a wife and three children. The day he died, the Greensboro News & Record published a story that Powell was living a double life. From 2010-15, he was an...
News
Randolph Megasite Not Ready For Prime Time Project
The 1,400-acre Greensboro-Randolph Megasite appears to be several years away from being a suitable location for the automotive plant or other large manufacturing facility it was designed to attract, based on conversations with government, business, and community officials and a review of public documents and financial statements. Moreover, Carolina Journal has learned that Duke Energy...
