Economy

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    HB 900 could be better

    HB 900 was introduced earlier this year and presented a number of options for additional taxes that municipalities would be able to levy on their citizens. I didn’t like it, and I wrote about it here. Fortunately, in the eight weeks since, the bill has been revised. The current…
    Julie Tisdale, June 26, 2017
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    Seattle minimum wage boost reduced hours and jobs among low-skilled workers

    Researchers from the University of Washington have released another study on the impact of minimum wage increases in Seattle.  In an NBER study released today, Ekaterina Jardim and her colleagues write, Our preferred estimates suggest that the Seattle Minimum Wage Ordinance caused hours worked by low-skilled workers (i.e., those earning…
    Terry Stoops, June 26, 2017
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    Do as I say, not as I do: Minimum wage edition

    Ali Meyer of the Washington Free Beacon highlights interesting information about congressional supporters of a $15 minimum wage. The majority of lawmakers sponsoring legislation to raise the minimum wage to $15 an hour do not pay their interns, according to a report from the Employment Policies Institute. The…
    Mitch Kokai, June 23, 2017
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    The political left hijacks the sports industry

    Most sports fans enjoy the competition and entertainment. In recent years, they have been forced to endure left-of-center political messaging as well. John Locke Foundation Senior Vice President Jon Pritchett and Duke University professor Ed Tiryakian discussed the impact of the left’s “hijacking” of the sports industry during a presentation…
    Mitch Kokai, June 20, 2017
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    Hmm: Is Getting Sick Actually Good For The Economy?

    Flawed economics. That’s the conclusion of JLF’s Roy Cordato after analyzing a report that concludes North Carolina’s hospitals and health care systems boost the state’s economy. He explains how and why the study is off base.
    Donna Martinez, June 19, 2017
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    Misreading the Amazon/Whole Foods deal

    Editors at Investor’s Business Daily offer an alternative view to critics of Amazon‘s buyout of Whole Foods. Consumer groups are challenging Amazon’s buying Whole Foods on antitrust grounds. They have it wrong. This isn’t a case of a monopolist gobbling up a competitor, but an innovator trying…
    Mitch Kokai, June 19, 2017
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    JLF CEO Kory Swanson Explains Onerous Impact Of Dodd-Frank

    We all share the economic burden imposed by the federal government’s financial regulation monster known as Dodd-Frank. JLF President and CEO Kory Swanson joins this week’s “Bottom Line” to explain how and why. WATCH here.
    Donna Martinez, June 16, 2017
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    Are Apprenticeships All They’re Cracked Up To Be?

    From Terry Stoops: Recently, both the North Carolina General Assembly and the Trump administration have earned praise by announcing plans to expand and strengthen apprenticeship and workforce development programs.  Nevertheless, apprenticeships are far from a foolproof way to address deficiencies in the workforce.  Before the state and federal…
    Donna Martinez, June 14, 2017