Daily Archives: August 24, 2011
In 1993, Canada’s federal debt was equal to 67 percent of the nation’s annual economic output, and in 1995 the Wall Street Journal called it an honorary member of the third world. How times have changed. By 2009, that level of debt had fallen to 29 percent of economic output, and Canada’s debt appears toContinue Reading
Reporter Mark Binker at the Greensboro News & Record has an analysis of how the votes might square on a marriage amendment in the N.C. General Assembly this September. Rumor is that such an amendment will be among several lawmakers will take up. Binker points out an interesting disparity: some Democrats will probably vote forContinue Reading
New information gathered by The Business Journals rank North Carolina 37th in job growth over the past twelve months. As Rick wrote last week, unemployment and jobs numbers are a bit confusing and Hood warned to proceed with caution in analyzing the data. One thing seems clear. With the Republican supported budget in effect forContinue Reading
As politicos bandy about the notion of another round of economic stimulus, the following excerpt from the latest edition of Carolina Journal Radio comes to mind. Economist Paul Cwik of Mount Olive College discusses the key element of a concept labeled Say’s Law. If you’ve ever heard of that law, it’s likely that you’ve heardContinue Reading
Tea Party types are marked by four character qualities: “Authoritarianism, ontological insecurity, libertarianism and nativism.” That’s according to a new study from researchers at the University of North Carolina at Chapel Hill and Vanderbilt University. OK, it makes a good headline for the Left. Those crazy “tea baggers” are paranoid, authoritarian, libertarian (anyone else seeContinue Reading
John Stossel’s latest column challenges a number of popular misconceptions, such as that price gouging laws help protect victims of natural disasters from greedy and unethical business people and that it ought to remain illegal to sell human organs.
John Hood isn’t the only one who’s noticing the increasingly important role private intercity bus travel is playing in American transportation. Michael Barone devotes his latest Washington Examiner article to the topic. Bus travel used to be decidedly downscale, with a clientele that scared off middle-class travelers. That’s because, back in the days of heavilyContinue Reading