Tag Archives: hb2
This, mind you, is shocking news. The News & Observer and PolitifactNC just had to report that, blast it, Lt. Gov. Dan Forest is right about HB2’s lack of economic impact, specifically when he said this in Texas in support of a similar measure there: If you look at the most extreme instances of economicContinue Reading
Here’s a fun little exercise in which WRAL tried to add up the costs of HB2 but discovers “they have created only a tiny ripple on the state economy.” WRAL added cities’ economic impact figures for canceled businesses expansions, canceled conventions and conferences, and canceled sporting events, which together “top $505 million.” Nevertheless, it’s a tiny fraction of the state’s overall economy. AccordingContinue Reading
$500 million, how ’bout a billion? $1 billion? $2.4 billion! Thank you, sir. $2.4 billion, how ’bout ten billion?
I’m no clairvoyant; I’ve just seen this game played too often. This was a lamentably easy call: Local media would be and no doubt are expected to seize upon such a report as if it were hard economic fact, and one would be hard-pressed to imagine any “financial impact” figure that would strike them as tooContinue Reading
For background, read this. A snippet: Local media would be and no doubt are expected to seize upon such a report as if it were hard economic fact, and one would be hard-pressed to imagine any “financial impact” figure that would strike them as too large to be believable. HB2 will cost the state millions?Continue Reading
Projecting huge economic losses to the state from HB2 is apparently so easy, an after-school news-clipping temp job can do it in a number of weeks. How is that? Part is the fact that reporters are essentially wearing “KEEP CALM and GIVE US YOUR BIGGEST NUMBER TO RUN ON” shirts. I wrote earlier this month that (emphasis added): oneContinue Reading