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Economy

Under Obama, Labor Force Shrinks to Historic Lows

Under Obama, Labor Force Shrinks to Historic Lows

The labor force participation rate dropped from 62.8 to 62.7 percent in September – the lowest point in 37 years.

Imagine NC Growing Without Handouts to Cronies

Imagine NC Growing Without Handouts to Cronies

Imagine with me for a moment what would happen if Gov. Pat McCrory’s office and state legislative leaders released the following joint statement regarding a special session to address economic development in North Carolina: The governor’s office and leaders of the General Assembly are today calling a special legislative session…

New Study: Oil and Gas Exploration Would be a Huge Win for North Carolina

New Study: Oil and Gas Exploration Would be a Huge Win for North Carolina

The benefits of allowing offshore oil and gas production far outweigh the costs in North Carolina and the rest of the Atlantic states.

Free to choose: Union members have the right to leave

Free to choose: Union members have the right to leave

Imagine talking with a friend who tells you that he’s been forced to support the Duke basketball team for the past five years, even though he doesn’t like the Blue Devils. He’d much rather be a fan of the University of North Carolina, but he doesn’t think he has a…

Teacher Pay, Corporate Welfare and Banjo Museums

Teacher Pay, Corporate Welfare and Banjo Museums

The Good, the Bad, and the Ugly in the 2014-15 NC Budget. News accounts of the recently-passed $21.1 billion General Fund budget focus primarily on the teacher pay raise provided by budget writers. There is much more, however, included in the North Carolina budget worthy of mention. Some of it…

Time to Slow Down the Runaway Solar Train

Time to Slow Down the Runaway Solar Train

Trains are notoriously hard to slow down – even when we need them to. North Carolina’s solar subsidies, some of the most generous in the nation, are sort of like a runaway train that just keeps moving forward. Maybe now is the time to tap the brakes. With the intention…

 

The Myth of ‘Trickle-Down Economics’

Pop quiz: what do you do when you are a politician who finds himself incapable of debating the merits of an opposing viewpoint? Answer: invent a viewpoint no one holds, critique that viewpoint, and claim intellectual victory. That’s what happens when politicians talk about “trickle-down economics” – when in fact…

To create jobs, promote access to opportunity via human networks

To create jobs, promote access to opportunity via human networks

By U.S. Sen. Mike Lee Like most Americans, I support the ability of individuals to collect unemployment insurance for a limited amount of time. But in order to start solving the problem of long-term unemployment, this debate has to begin addressing the president’s broken policies that are making it more…

 

The Big Mo: Raleigh Area’s Success Offers Lessons

A new survey suggesting the future looks bright for the greater Raleigh area has important lessons for the whole state. The website newgeography.org 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,…

 

Medicaid Expansion: A Quick Primer

In North Carolina, most news coverage on the Affordable Care Act (ACA), also known as Obamacare, has focused on the massive technical failures of the federal exchange website. But there is another healthcare issue that is heating up all over the country: Medicaid expansion. This article should help provide some…

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