Daily Archives: May 18, 2012

Budget Whoa’s

Budget Whoa’s The General Assembly convened last week for the short session – the second year of the biennium. Traditionally the second year of the two-year budget passed in the long session is adjusted or tweaked dependent on changes in revenue or needs. A quick re-cap of the 2011-13 budget that passed lat year:  $19,696,631,208Continue Reading

The Final Hurdle

Who says college doesn’t prepare you for the real world? Sometimes they do, right down to the final moment when the tassel is turned from right to left. I’m talking about commencement speeches, which prepare students for the many dull speeches pushing shaky political ideas they will be subjected to for the rest of theirContinue Reading

New at CJO: Drop in labor force participation helps drive down N.C. unemployment rate

Rick Henderson reports for Carolina Journal Online about North Carolina’s latest reported unemployment rate: 9.4 percent. A drop in labor-force participation helped drive a decline in the unemployment rate.

Economic benefits of curbing dropouts

According to a new report published by the Alliance for Excellent Education, states like North Carolina would receive a substantial economic boost by increasing graduation rates among racial and ethnic minority populations (African Americans, Latinos, Native Americans, and Asian Americans). If half of North Carolina’s minority dropouts in the class of 2010 had graduated, AllianceContinue Reading

The only thing that changes is the name of the tax

From the Biennial Report Of The Superintendent Public Instruction of North Carolina, Scholastic Years 1896-‘97 and 1897-‘98, C.H. Mebane, Superintendent of Public Instruction (p. 35)

Kudlow makes the case for extending Bush tax cuts now

Lawrence Kudlow‘s latest column explains how the economy would benefit from an agreement soon to extend the “Bush tax cuts.” Tax-cut certainty is so vital right now because the anemic economic recovery may be moving toward deflation. That’s the message of a gold price that has collapsed by near 20 percent, falling from around $1,900Continue Reading

Heritage expert sides with prosecution in Edwards case

Hans von Spakovsky of the Heritage Foundation, known primarily these days for his defense of Voter ID laws, uses a new National Review Online column to discuss the merits of the federal government’s prosecution of John Edwards. Misinformed critics of the government’s prosecution claim that such gifts of funds are not covered by campaign-finance law.Continue Reading

Goldberg pans the celebration of youth

Jonah Goldberg‘s latest National Review Online column questions the common practice, especially during this graduation season, of celebrating young people for being young. Seriously, if your self-esteem is remotely dependent on the year you were born, or on the accomplishments of people who happen to be the same age as you, then you don’t haveContinue Reading