Economy

 

NC Needs a Reality Check

If you check out Forbes Magazine’s List of the Best Places for Business and Careers, you will find a slideshow of silver skyscrapers hailing the prosperity of Raleigh and other North Carolina metro areas – but failing to show economic reality elsewhere in the Tar Heel State. The magazine touts…

 

Debt Crisis Hits Home

Picture this: a family of four is sitting down at the dinner table enjoying a delicious meal together. Mom asks, “How was school?” A child asks, “What did you do at work today, Dad?” The hungry teenager hastily requests, “Would you pass the potatoes, please?” The family seems happy; all…

 

UNC Center Focuses on Partisanship, not Poverty

An organization founded by ex-Sen. John Edwards was meant to fight poverty, but many clues suggest it instead focuses more on fighting partisan battles– and avoiding scrutiny by North Carolina taxpayers. The Center on Work, Poverty, and Opportunity at the UNC School of Law was founded in 2005 as a…

 

How to Get NC’s Economy On Track

This article originally appeared in the Charlotte Business Journal. North Carolina can improve its dismal 9.4% unemployment rate – currently fourth worst in the nation. To understand what that takes, however, requires an understanding of what makes a state’s economy thrive relative to those of other states. States that thrive…

 

When is a job not really a ‘created’ one?

This article first appeared in the Fayetteville Observer on June 21. It’s easy to understand why Jane would be so excited about the new economic development project in her town. She is unemployed. Luckily, Jane’s husband still has his job, but his income is not enough to support them and…

 

Lawmakers Eye Tougher Penalties for Unemployment Fraud

(RALEIGH) – Some state legislators point to a case in Scotland County that cost a businessman thousands of dollars and affected his firm’s unemployment credit rating as a prime example of why the penalty for unemployment fraud should be increased from a misdemeanor to a felony. In 2011 Gerri Clark,…

 

Held back by Red Tape 3: Policy Options for North Carolina

How can we modify licensing in North Carolina? While it is doubtful that North Carolina will do away with occupational licensing in its entirety, common-sense reforms can alleviate many of the burdens that licensing places on our economy: 1) Eliminate occupational privilege licensing. Occupational privilege licensing serves no regulatory purpose.…

 

Held Back by Red Tape 2: Fines and Missed Dreams

Steve Cooksey of Gaston County, thought he was just helping diabetics. David N. Cox of Raleigh thought he was helping his neighbors. But both North Carolinians found that they had run afoul of one of the most widespread yet least-discussed barriers to creating jobs and pursing one’s dreams: occupational licensing.…

 

Held Back by Red Tape: Occupational Licensing in North Carolina

This article is the first installment of a three-part series examining the practice of occupational licensing in North Carolina. Imagine a practice that restricts freedom, stifles competition, crushes dreams of success, and takes money out of consumers’ pockets — often for little or no good reason. Would you call it…

 

Employment Insecurity

Business leaders complain the North Carolina unemployment system needs to be completely changed so people are encouraged to train and work. A Civitas Institute video report examines the tangled system. The state is in debt to the federal government to the tune of $2.6 billion for loans to keep unemployment…

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