Economy

 

Life Sciences Development Act Puts Tax Dollars At Risk While Expanding Government Control Of Industry

The NC House is set to take up HB 530 on the first day of session. This bill would establish an investment vehicle by which investors can provide capital to startup life sciences corporations, but their risk in investing will be guaranteed by taxpayers. The state of North Carolina would…

 

Governor Perdue’s Budget Plan Increases Spending Again During “Great Recession”

On April 20, Governor Bev Perdue released her recommended adjustments for the fiscal year 2010-11 North Carolina state budget. Included in her recommendations are an increase in spending over the current year’s expected appropriations, the elimination of roughly 600 mostly vacant state positions, a cut to public education and public…

 

Gov. Perdue’s 2010-11 Budget Recommendations: Transportation

Governor Perdue’s total proposed FY 2010-11 budget for Transportation is $2.8 billion. This includes a $7 increase (from $28 to $35) in annual registration fees for cars and light trucks.

 

Gov. Perdue’s 2010-11 Budget Recommendations: Natural and Economic Resources

Governor Perdue’s recommended spending adjustments to the FY 2010-11 budget includes a 7.3% increase for the Department of Natural and Economic Resources (NER), the largest such recommended expansion, percentage-wise, among all state agencies.

 

Why Gov. Perdue’s “Back to Work” Incentive Fund Will Not Work

Included in Gov. Perdue’s Recommended Adjustments for the 2010-11 state budget was a line item for $15 million for a “Back to Work” incentive fund. The fund was included as part of Perdue’s “JobsNow” proposal to bolster job growth in the state. In her budget, she describes the purpose of…

 

10 Worst Federal Stimulus Projects in North Carolina

One year later, the debate over the stimulus bill’s effectiveness rages on. A close inspection of stimulus grants and contracts awarded to North Carolina reveals a rather questionable strategy for the disbursement of stimulus funds. Many projects seem completely unrelated to avoiding an economic “catastrophe,” but rather an ad hoc…

 

20 Changes For 2010: Protecting Private Property

Our Nation’s forefathers and framers of the U.S. Constitution regarded the defense of property rights as one of the few and fundamentally unchanging roles of our government. Changing regulations and ambiguous language in the state’s general statutes threaten to diminish the property rights of North Carolina residents.

 

Conservative Group Says Three Triad Projects Waste Stimulus Money

Conservative Group Says Three Triad Projects Waste Stimulus Money

 

Hot Flashes, Dead Bugs, and Cocaine for Monkeys: The 10 Worst Federal Stimulus Projects in North Carolina

The debate over the stimulus bill’s effectiveness rages on. A close inspection of stimulus grants and contracts awarded to North Carolina reveals a rather questionable strategy for the disbursement of stimulus funds. Many projects seem completely unrelated to avoiding an economic “catastrophe,” but rather an ad hoc satisfaction of countless…

 

20 Changes For 2010: Jobs

The first two recommendations in the Civitas Institute 2010 Agenda: “20 Changes for 2010: A Primer for State Reform” focus on policies that will promote job creation. The Problem: High Unemployment and Slow Job Growth

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