Paige Terryberry

Fiscal Policy Analyst

Posts by Paige Terryberry (page 1)

  • Build Back Better Would Damage the Economy

    House Democrats passed the centerpiece to Biden’s agenda last week with only one Democrat dissenter. The “Build Back Better” bill supposedly shrunk over time from $3.5 trillion to $2 trillion, yet this is only due to “temporary” programs and misleading math. By scheduling some of the massive programs to expire,…
    Paige Terryberry, November 23, 2021
  • October Jobs Report

    North Carolina’s unemployment rate decreased in October while the September rate was revised up to 4.3% according to the new release from the North Carolina Department of Commerce. At 4.1%, the October rate is still well below the national average which has decreased to 4.6%. The Labor Force also…
    Paige Terryberry, November 19, 2021
  • North Carolina’s Budget Should Do These Five Things

    The General Assembly is expected to release their conference budget on Monday. The budget should do the following: 1. Respect North Carolinians’ tax dollars through fiscal responsibility.  Earlier this year, state leaders in the General Assembly judiciously agreed to limit spending. North Carolina’s history of fiscal restraint allowed the…
    Paige Terryberry, November 11, 2021
  • Inflation Intensifies, Reaches 30-Year High

    The U.S. consumer-price index (CPI) rose 0.9% in October, doubling the September rate increase. At an annual rate, CPI rose 6.2%, hitting a 30-year high. As inflation intensifies for everyday goods and services, the poor are affected most. The energy index rose 4.8% over the month while gasoline…
    Paige Terryberry, November 10, 2021
  • InFAKEstructure Bill Passes US House

    Thirteen Republicans voted with the House Democrats on Friday to pass H.R. 3684, the $1.2 trillion “infrastructure” bill. Only 11%, $110 billion, is for traditional infrastructure. This is much less than the $159 billion dedicated to traditional infrastructure in the original version of the bill, the American…
    Paige Terryberry, November 8, 2021
  • How are North Carolina Cities Spending “Emergency” Funds?

    “We urge you to take immediate action” reads a letter penned in February by more than 420 U.S. mayors, including 13 from North Carolina. These local leaders begged Congress to pass President Biden’s $1.9 trillion American Rescue Plan Act (ARPA) claiming, “urgent action needed”! In March 2021, Biden signed…
    Paige Terryberry, November 5, 2021
  • We Need Less, Not More, Welfare

    The latest Senate Joint Economic Committee study provides further evidence we should be rolling back, not growing, the welfare state. The report shows that workers are increasingly leaving the labor force and offers some common arguments, and then debunks them: Productivity is outpacing pay Technology is lowering demand for…
    Paige Terryberry, October 28, 2021
  • Tax Cuts Are Coming! We Hope.

    Are you on the edge of your seat waiting for the North Carolina budget? Likely not. According to the October Civitas Poll, 49.6% of North Carolinians do not believe their life has been impacted by the lack of a new state budget. Another 22.2% are unsure if their life…
    Paige Terryberry, October 27, 2021