Economy

 

Waiting for Stimulation

Reflecting on the economic reality in North Carolina throughout the recently-completed year of 2010 reveals some grim truths about the so-called stimulus, which should have by now long since rescued us from the depths of recession.

 

Read Between the Lines: Perdue Lacking Clear Vision

The current $3.7 billion budget deficit facing North Carolina presents a golden opportunity to re-evaluate the size and scope of state government. Presented with this opportunity, however, Governor Bev Perdue has failed to clearly articulate her vision for government’s role in society.

 

ARRA: More Stagnation than Stimulation

Nearly $800 billion and two years later, state government analysts are revealing the true impotence of the American Recovery and Reinvestment Act (ARRA); aka the federal stimulus bill. Recent data produced by North Carolina’s Fiscal Research Division shows that the federal stimulus in North Carolina has failed to live up…

 

Public Fishing Piers Perceived as Job Creators

Five goals that spell out the purpose of three North Carolina Aquarium fishing piers do not mention the word jobs. The three piers are Jennette’s Pier – currently under construction in Nags Head – and Emerald Isle and Carolina Beach piers, which are both in early stages of financing and…

 

Creating Jobs a Risky Business

In the recently completed election season, every candidate promised to be the one to trust to "create jobs." Indeed, in spite of some pretty heated rhetoric, jobs remained the most-used four-letter word on the campaign trail.

 

Ranking North Carolina’s 21st Century Job Growth

North Carolina’s private sector workforce shrank by 0.8% over the past decade. Only 15 states saw losses at a greater rate. That’s the finding of an analysis which compared total private sector jobs from January 2000 to July 2010. North Carolina is among 18 states experiencing a net loss of…

 

Taxpayer Dollars Finance “A Good Old Fashioned Orgy”

Debate over expanding North Carolina’s film incentive program prompted the Civitas Institute to investigate the types of movies produced here. Roughly $700,000 taxpayer dollars went to subsidize the production of a raunchy R-rated film entitled, “A Good Old Fashioned Orgy” in 2008. According to Internet previews of the film, the…

 

Corporate Welfare Undermines Economy

State politicians, ranging from Gov. Beverly Perdue to U.S. Sens. Richard Burr and Kay Hagan, descended on the Research Triangle Park recently to help celebrate an economic incentive deal with Cree Inc., a Durham-based light manufacturer. The deal will reportedly "create" 244 jobs.

 

Number of Unemployed in North Carolina Tripled Since 2000

Over the last decade, the number of North Carolinians in the unemployment line almost tripled, increasing by nearly 300,000. At the same time, the state was a net loser of private sector jobs, with more than 130,000 such jobs being lost from 2000 to 2010.

 

Report Card on County Government Growth

From 2000 to 2009, 73 of North Carolina’s 100 county governments grew their workforce at a faster pace than their respective private sector employment. Furthermore, 60 county governments expanded their payrolls at a rate that exceeded the county’s population growth over the same period. Find out where your county ranks!

Page 5 of 12« First...34567...10...Last »