Economic development

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    New Carolina Journal Online features

    Don Carrington reports for Carolina Journal Online that the state’s recent push for an auto plant featured a megasite that was not ready for development. The Daily Journal urges Republican N.C. lawmakers to avoid using their supermajorities to rush through controversial legislation before the end of the year.
    Mitch Kokai, November 13, 2018
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    New Carolina Journal Online features

    Don Carrington reports for Carolina Journal Online on the debate surrounding a controversial theater project in Mount Airy. John Hood’s Daily Journal offers advice to Tuesday’s eventual electoral “losers.”…
    Mitch Kokai, November 5, 2018
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    Gov. Cooper apparently thinks we can mitigate hurricanes by incentivizing electric cars

    If you're a manufacturer or lobbyist for electric vehicles, forget lottery fever; Gov. Cooper just flung the door wide open for government cronyism in your field. As they say in lottery ads: "You may already be a winner!"
    Jon Sanders, November 2, 2018
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    Higher minimum wage cuts opportunity to work

    Experienced workers in Seattle had their hours cut but were able to find work outside the city to offset their lost wages, less experienced workers had no gains, and those out of work were less likely to enter the workforce. Those are the key findings of the latest look at…
    Joseph Coletti, October 22, 2018
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    Cary taxpayers on hook for boutique hotel debt

    The Town of Cary provided loans worth $2.6 million to help open a boutique hotel, the Mayton Inn, in its downtown area. The federal Department of Housing and Urban Development loaned the town $1.4 million of that total. Now the hotel’s owner, Memento Mori has filed for bankruptcy and the…
    Joseph Coletti, September 27, 2018
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    Public-choice economics in a nutshell

    If you were looking for a quick summary of public-choice economics, you could just consult Commerce Secretary Wilbur Ross' comments on Pres. Trump's tariffs.
    Jon Sanders, September 18, 2018
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    Disney gives back government subsidies

    Anaheim’s libertarian-leaning Mayor Tom Tait and unions supporting a $15 minimum wage seem to have unintentionally found a way to reduce targeted tax incentives. Disney asked the city council to end a “45-year moratorium on a gate tax and a $267 million economic assistance package for a new luxury…
    Joseph Coletti, August 31, 2018
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    Regulatory reforms that help businesses start and grow

    State governments can take a number of steps to help businesses start and expand. A new report from the Pew Charitable Trusts provides examples from across the country of how regulators have used online permitting portals to make applying for permits easier and faster, prioritized enforcement against frequent violators of regulations,…
    Joseph Coletti, August 31, 2018