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The writer of Ecclesiastes says, "For everything there is a season and a time for every matter under heaven." During hard times we recognize the need to hunker down and reduce spending.
Unemployment insurance (UI) reform in North Carolina continues to be the gift that keeps on giving. The 2013 UI reform, made possible by the Republican-dominated General Assembly and Governor Pat McCrory, will enable $240 million in tax savings for state employers in 2016 alone, thanks to a...
Is unemployment ever voluntary? I don't ask the question in order to blame unemployed people for their fate. On the contrary, understanding the full range of causes of unemployment is required before policymakers can effectively combat it.
Because of tough decisions made by the General Assembly and Gov. Pat McCrory, North Carolina's payroll tax is expected to drop by about $280 million in 2016 and as much as $550 million by 2017. What you think about this sequence of events says a lot about your political philosophy and your...
I remember, along with older folks, the days of youth when time dragged by. You looked at your grandparents as so old and wise. You wanted to do the things they did and, with my Granddaddy Williams, drive the pickup and tractor. His farm in Pickens County, SC, was the land of my dreams and wonder
If the recent review of campus-based centers by the University of North Carolina Board of Governors was all an elaborate ruse to silence a critic of state Republicans, it would probably qualify as the most improbable, elaborate, and ineffective conspiracy in North Carolina history.
Governor Pat McCrory issued the following statement after North Carolina's unemployment rate fell to 6.3 percent. That represents a 1.2 point drop from October 2013 and is 2.5 points lower than January 2013 when the governor entered office.
You may have missed the media hoopla (ha!), but between FY 2010-11 and FY 2014-15, state appropriations for the K-12 education budget grew by more than $1 billion in nominal dollars.
On the corner of South Elm Street and Lee Street on the south side of downtown Greensboro lies a seven-acre empty lot.
North Carolina remains in dire economic times. Unemployment is hiding at 9.4 percent, one of the worst in the nation.
Newly released employment data show signs of growing strength in the North Carolina economy, with the second-highest reported annual increase in new jobs in the state since the onset of the Great Recession. That's the assessment of John Locke Foundation President John Hood.
Since the onset of the Great Recession in 2007, many American households and businesses have substantially reduced their indebtedness. That was a rational decision. A key cause of the boom that led to the bust was excessive leverage, itself a product of the Federal Reserve Board's easy-money..
The website recently published a study of which metro areas have the most economic momentum as 2014 gets under way. The Praxis Strategy Group looked at factors such as GDP growth, job growth, unemployment rates, population growth and migration from other states.
North Carolina state government spending has grown "significantly" in recent decades, though much of that growth has been hidden beneath headlines that focus on the state's General Fund. That's a key finding from a new John Locke Foundation Spotlight report.
After the 2010 elections put North Carolina's legislature in the hands of Republicans for the first time in more than a century, state policy began a turn to the Right - that much is indisputable.
Most North Carolinians are painfully aware of how grim the ongoing recession has been for our state. However, few know about our oppressive Third World debt owed to the federal government for money borrowed to pay benefits to unemployed workers.
To the surprise of industry observers, the U.S. Department of Justice in August filed to lawsuit to block the pending merger of US Airways and American Airlines. Contrary to much howling in the press and from the companies, unions, and communities involved, the DOJ's action was far from...
When the July jobs report for North Carolina came out last week, showing an uptick in the unemployment rate, all the usual suspects said all the usual things.
Since Barack Obama took office in 2009 promising to end and reverse the effects of the Great Recession, Republican politicians and conservative critics have relentlessly pointed out how weak the economic recovery has been by historical standards. One popular rhetorical tactic has been to use a...
High taxes have stifled North Carolina's economic growth for decades. The Tar Heel State has the highest taxes in the Southeast and ranks 44th as the worst state in the country for business, according to the Tax Foundation.
The largest excise tax collection in North Carolina is on fuel, amounting to $1.5 billion annually.
Has North Carolina's economy turned the corner? It depends on how you define "turn the corner." And it depends on what measure you choose.
The Great Recession offered new ammunition to those attacking the American system of free enterprise, while defenders of that system have spent recent years refining their arguments.
The two candidates for governor have spent lots of energy and money debating whether North Carolina has lost our mojo, pointing out who is to blame. With days remaining before the November 6 elections it's time to debunk the rhetoric.
Since the onset of the Great Recession, federal legislators have rapidly expanded debt-financed aid-to-state programs.
The experts say the recession ended in 2009; the people in North Carolina say it's still going on. Moreover, by a large margin they expect it to drag on for two years or more.