Economy

 

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.…

 

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…

 

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…

 

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…

 

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…

 

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…

 

Why We Should Eliminate the Minimum Wage

The growth of teenage unemployment has ominous implications for the future — but there is a solution, if we are willing to face economic reality. According to a host of sources, joblessness among young people is growing. For example, the Christian Science Monitor said that the unemployment rate for African-Americans…

 

Raleigh Businessman Gives the President A Sign

The founder of the iconic lunch haven Snoopy’s in Raleigh was so infuriated by President Obama saying he hadn’t built the business by himself he put up a sign to answer the President. Watch the video here...

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