Category Archives: Economic development
North Carolina should set up two new permanent commissions to study English and math standards tied to the controversial Common Core. That’s the recommendation from Terry Stoops, who discusses his proposal during the next edition of Carolina Journal Radio. Jon Sanders discusses the John Locke Foundation’s partnership with environmental group NC WARN to sponsor aContinue Reading
Gov. Pat McCrory has announced that a Belgium company will be locating its North American manufacturing headquarters to High Point. No, the Belgian company won’t be making waffles. Yes, the company will be getting corporate welfare. McCrory and Commerce Secretary Sharon Decker announced that BuzziSpace Inc., which manufacturers workplace furniture, will operate out of aContinue Reading
As I wrote yesterday, this “innovation institute” represents the government’s idea of how to bring about innovation. With a political goal in mind, money is taken from taxpayers and handed over to cronies, opportunity costs are immediately forgotten, and of course “Success” is reaped at the time of the announcement; there is almost no interestContinue Reading
WRAL’s headline announces that “NC State to lead Obama’s manufacturing innovation institute.” Celebrate, ye people, for your government hath granted thee an innovation institute. What the heck is that, exactly? I mean, it sounds really cool and jobsy. Well, it’s “a group of six universities and 18 private-sector companies” styled the “Next Generation Power ElectronicsContinue Reading
Dan Way reports for Carolina Journal Online that Duke Energy’s top North Carolina executive explained for state legislators this week how the state’s renewable energy policies force lower-income customers to subsidize the affluent. Michael Lowrey’s Daily Journal explains how the pursuit of a new Boeing manufacturing plant represents an economic development illusion.
Why would liberal groups stand in the way of low-income families and families of children with special needs as they pursue the state’s new opportunity scholarships? Terry Stoops addresses that question in the next edition of Carolina Journal Radio. Rick Henderson turns his attention to another group of liberals: the so-called Moral Monday protesters whoContinue Reading