Category Archives: Economic development

Another federal government scheme to ‘create jobs’

Elizabeth Harrington of the Washington Free Beacon shines light on one federal department’s questionable efforts to create jobs. The U.S. Department of Agriculture (USDA) says it is creating jobs by spending millions on snowmobiles, fire trucks, studying a “gluten-free mill,” and other local initiatives. The federal agency announced $18.1 million in loans and grants lastContinue Reading

There’s a dark cloud hovering over Liza Minnelli

Through no fault of her own, maybe, singer/actress Liza Minnelli is at the center of a public records dispute in North Carolina. She, along with the North Carolina Symphony, is the inaugural performer at Cape Fear Community College’s $41 million Humanities and Fine Arts Center, brought to us by the taxpayers. Yet when local station WECT askedContinue Reading

Think film incentives work? New York paid $38k for each job created…

According to a news article from a New York state news source, film studios are getting $38,000 for every full-time job they create. At a time when the $420 million a year in tax breaks has drawn increased scrutiny, a state consultant’s report quietly released in March raised new questions about the effectiveness of theContinue Reading

NC Senate compromise – hopefully NC will have a budget soon

Yesterday we heard in a press conference the Senate’s plan to speed up the budget process with their compromises.  They have decided to remove their Medicaid reform and economic development provisions from their version of the budget in efforts to pass a state spending plan before the continuing resolution expires on August 14th.  Below isContinue Reading

NC Senate brags about local income redistribution and free money to private businesses

Well, the budget still isn’t finished for the State of North Carolina, but the NC Senate has sent out a press release this morning touting their priorities.  They plan to redistribute the sales taxes collected by urban counties and give it to the rural (sorta like a modern day Robin Hood) as well as aContinue Reading

NC Senate ‘give up’ on certain budget items in the name of compromise

Senator Phil Berger (R-Rockingham) spoke this afternoon to shed light on some major policy decisions regarding the state budget.  In the Senate budget, they included some economic development policy and Medicaid reform ideas that were not very popular with the Governor nor the House.  They have decided to remove these two provisions from the SenateContinue Reading

JLF study highlighted in Greensboro News & Record

Today, the News & Record published a story about the report, “Money for nothing? Counties vary in awarding incentives, study shows”.  Click on the link to view the story, and click here to read the study and find out how much your county spent in incentives.

This weekend on Carolina Journal Radio

North Carolina counties awarded $284 million in targeted incentives from 2009 to 2014. Sarah Curry analyzes this number and other details from her first-of-its-kind compilation of county government incentives during the next edition of Carolina Journal Radio. Becki Gray discusses a state budget proposal that would increase state and local government transparency. Reason magazine’s DamonContinue Reading