Joseph Coletti

Senior Fellow

Posts by Joseph Coletti (page 7)

  • 30 years of spending

    The General Assembly has provided real spending discipline since 2011, in marked contrast to the previous two decades. In the graphs below, we look first at the General Fund, then at total spending, then at the General Fund’s share of total spending. Within each set, we look first at inflation-adjust…
    Joseph Coletti, September 23, 2019
  • Gov. Cooper is wrong about pay gap for teachers and state employees

    Gov. Roy Cooper’s official Twitter account posted earlier today that the budget “pays teachers less than state employees.” Teachers make on average $53,975 per year. State employees earn on average $48,748. The budget provides an average 3.9 percent raise for teachers and an average 2.5 percent raise…
    Joseph Coletti, September 12, 2019
  • What replaces the old institutions?

    Younger people and older working class men are the vanguard of a loss of trust in traditional institutions. They have been hardest hit by lack of opportunity and lack of human connection. Jordan Roberts has commented on the effects among Millennials. Derek Thompson at The Atlantic highlights the…
    Joseph Coletti, September 5, 2019
  • How to pay for roads

    How can North Carolina pay for the construction and maintenance of roads in the future? The North Carolina Future Investment Resources for Sustainable Transportation (NC F1RST) Commission is looking for ways to ensure North Carolina can continue to build and maintain the roads it needs. Patrick McHugh of the NC Budget…
    Joseph Coletti, September 4, 2019
  • Preventing and responding to ransomware attacks

    Cities and counties across the country and in North Carolina are tempting targets for ransomware attacks that block access to computer systems until the hacker receives money. More attacks on governments have been reported in North Carolina this year than over the past three years combined, although it is…
    Joseph Coletti, August 30, 2019
  • Prudence in good times to avoid austerity in bad times

    Economist Valerie Ramey tells readers of the Wall Street Journal “It’s time to start worrying about the national debt.” Ramey notes that the last time debt was as high as it is today, after World War II, budget surpluses helped cut the debt by 12%, but “the main driver…
    Joseph Coletti, August 26, 2019
  • North Carolina not alone: Most states miss the mark with internet sales tax collections

    For years, budget experts have forecast billions of dollars in new revenue if state could just get online retailers to collect sales taxes like their Main Street counterparts. The National Conference of State Legislatures projected North Carolina would raise $426 million a year. Since companies started collecting sales tax for…
    Joseph Coletti, August 19, 2019
  • Refunding the surplus?

    My commentary yesterday on the possibility of refunding some or all of the surplus to people has generated some discussion, thanks in part to a simpler version on this blog and to comments on Twitter. A couple suggestions seemed worth pursuing. First, refunding money to taxpayers using the…
    Joseph Coletti, August 15, 2019