Economy

The Myth of ‘Trickle-Down Economics’

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 the truth is exactly the […]

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 difficult to find work. By […]

  • 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, job growth, unemployment rates, population […]

  • 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 background information for North Carolinians […]

  • Unemployment Insurance: You Get What You Pay For

    “You get what you pay for” goes one popular old adage. And in North Carolina, it appears that we had for some time been paying to secure one of the highest unemployment rates in the nation.

  • How to Keep Poor People Poor

    If I wanted to keep poor people poor, there are several government policies I would favor. For starters, I would advocate for a robust and ever-expanding welfare state. Programs like Medicaid, food stamps, unemployment insurance, etc.? Perfect poverty traps. I would recognize that a perfect recipe for keeping poor people poor is to create incentives […]

  • Unions Vow to ‘Organize the South’

    Last month, union bosses from the AFL-CIO came together at a major convention in Los Angeles to discuss the future of organized labor in the United States. There they unveiled a new “Southern Strategy” aimed at revitalizing unionism. The AFL-CIO’s website noted: What happens in the South affects the nation, and the region’s influence will […]

  • Isn’t a “Myth” Supposed to be Untrue?

    Rob Christensen of the News & Observer recently published an article in which he claims to uncover “the truth” behind 10 “myths” about North Carolina state government. Disappointingly, Christensen gives short shrift to each point, and his “facts” are deliberately cherry-picked and incomplete in order to fit his preconceived narrative. Christensen does his readers a […]

  • The Real Fraud: Government ‘Economic Development’ Programs

    In many ways, the scandal at the RBTC is only the latest example of the problems inherent in publicly-funded economic development programs.

  • Anatomy of a Fraud: Inside the Audit of the Raleigh Business and Technology Center

    Raleigh News and Observer and WRAL reported on the scandal but their information was based on only a brief summary of the audit but we weren’t content with that. Here's the whole story.

  • Growth Patterns Show Danger Of Income Tax

    The article originally appeared in the Durham Herald Sun. Why do you work? When reading that question, any one of several answers likely jumped into your mind. But one answer that I’m willing to bet occurred to none of you is: I work to pay taxes. That noncontroversial assumption goes hand in hand with another […]

  • Raleigh Ventures Show How Businesses Work

    Andrew Leager, the owner of Boylan Bridge Brewpub and the Special Projects woodworking shop, both in Raleigh, is just one of many business owners in North Carolina facing regulation from all levels of government. He recently discussed both of his business endeavors and how government is involved. Leager started his business based on a principle […]

  • Shortsighted Government Regulations Harm Optometry Business

    An Optometrist’s Journey Dr. Jay Bailey owns Professional Eye Associates in Raleigh, North Carolina. It is a family-owned and -operated business where Bailey has accrued 23 years of experience in both practicing optometry and running his own business. Since 1987, Bailey has been committed to following his passion of helping others overcome debilitating vision deficits […]

  • Civitas Poll Sheds Light on Economic Crisis

    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.  That’s one finding from our July Civitas Poll which, along with others, reveals widespread pessimism about the economic outlook.  We asked […]

  • What the Tax-Free Weekend Can Teach Us

    Did you venture out to purchase school supplies for your aspiring young scholar during our state’s tax-free weekend? Or, perhaps your child’s school days have long passed and you simply wanted to acquire a new computer without incurring a sales tax. Either way, North Carolina recently held its annual sales tax holiday, during which the […]

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