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Economy

 

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…

 

North Carolina’s Lost Decade

The first decade of the 21st Century for North Carolina was a difficult one. In terms of the state’s economic condition, many may label it a lost decade. Lost jobs, lost fiscal restraint by state government, lost opportunities for spending reform, and more lost ground in terms of worker pay.…

 

Perdue Bringing “Solyndra” Politics to North Carolina

Documents obtained by the Civitas Institute suggest Gov. Bev Perdue is attempting to strong-arm North Carolina’s three major utility companies into supplying more expensive energy to their customers in the northeastern part of the state. In a political power-play to reward big business reminiscent of the handling of the Solyndra…

 

While the Economy Busts, Lottery Sales Boom

Much like the economy, it’s more bust than boom for those playing the North Carolina Education Lottery (NCEL). Unlike the economy, however, bust is the normal state of affairs for lottery players—with slim statistical margins rarely yielding a winning ticket. However, that hasn’t deterred a strong uptick in lottery sales…

 

State Motor Fuels Tax is Set to Rise by Nearly Four Cents in January

The North Carolina Motor Fuels Tax (the state gas tax) is expected to go from 35 cents per gallon to 38.9 cents per gallon at the beginning of 2012 if no action is taken by the General Assembly, according to staff at the legislature and the Department of Transportation. The…

 

Public Records Continue to Undermine Exaggerations of Layoffs

Some Democrats and social justice advocates in North Carolina continue to throw around huge numbers of people who have been laid off due to cuts in the state budget. Representative Bill Faison (D-Orange) claimed in a press release  over 6,000 state jobs were lost because of the cuts and more…

 

Occupy Wall Street, the New Democratic Base?

As the Occupy Wall Street (OWS) protests continue, it is being increasingly portrayed as a serious movement by several media outlets and politicians alike. Democratic politicians, at first skeptical of the movement, have lined up to attend and speak at rallies. They have been met, however, with mixed reception, as…

 

Debt Downgrade – Is North Carolina Next?

The recent Standard & Poor’s downgrade of federal debt instruments sent waves of fear across indebted government agencies across the nation. Just days after the federal downgrade, S&P issued downgrades for thousands of municipal and other local bonds, including a series of bonds held by the Board of Governors of…

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