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Opinion

Is it a bird, a plane, or the crazy economy?

When I was growing up in the 1950s, I was a fan of the Superman TV show. The program opened with the announcer looking up at the sky and saying, “It’s a bird; it’s a plane; it’s Superman!” I’ve used a modified version in today’s column to add some humor to the serious question of what...

Michael L. Walden
Opinion

News & Observer gets it wrong on taxes

Raleigh News & Observer editor Ned Barnett continues to be of the belief that what ails North Carolina is a state government that is too small. In his Jan. 29 editorial, he expresses frustration that hard-working North Carolinians are keeping too much of their money.   Claiming that “excessive tax cuts” over the past several years...

Brian Balfour
Opinion

If inflation subsides, is everything OK?

Most surveys show inflation is one of the top issues in the country. For several months the inflation rate has been hovering just shy of double-digits on a year-over-year basis. But what if the Federal Reserve is successful in reducing the inflation rate? Does this mean we’re fine? What if, for example, this time next...

Michael L. Walden
Opinion

Stop pushing political panic buttons

Remember when rapid automation was going to render large swaths of the workforce unemployed? Politicians and other professional worrywarts warned that robots would displace production workers, that self-driving vehicles and drones would displace truckers and delivery personnel, and the algorithms and kiosks would displace service and managerial employees. Radical responses such as universal basic income...

John Hood
Opinion

Buncombe County hit hard, but not just by COVID-19

North Carolina’s tourism industry lost more than half of its jobs in the first part of 2020 following Gov. Roy Cooper’s lockdowns. Annual visitor spending decreased 32% from 2019. Buncombe County in particular took a significant hit. Visitor spending decreased by a whopping 34.9% from 2019, the 10th largest among North Carolina counties. Given the county...

Paige Terryberry