Economy

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    Why Do We Need Free Trade? Today at Noon

    Bryan Riley from the Heritage Foundation joins us at 12 Noon at JLF in downtown Raleigh to discuss the worldwide marketplace, free trade, and the Trump administration. Save your seat here.
    Donna Martinez, October 23, 2017
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    “At this point, it would be difficult to foresee a set of circumstances that would drive the headline unemployment rate much lower”

    JLF’s Mitch Kokai weighs in on new North Carolina unemployment numbers, as reported by Richard Craver of the Winston-Salem Journal. Most noteworthy in the September employer survey is that the state had a loss of 3,400 private-sector jobs from August. The biggest decline was 4,600 jobs in leisure…
    Donna Martinez, October 23, 2017
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    Policy optimism drives recent stock gains

    Randall Forsyth of Barron’s probes key factors in the Dow’s recent surge. Spurring the overall market’s advance was optimism on two policy fronts, fiscal and monetary. On the former, the Senate on Thursday passed a budget resolution that seemed to pave the way for debate on tax legislation…
    Mitch Kokai, October 23, 2017
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    The long-term challenge of federal debt

    Gene Epstein of Barron’s explains why it won’t be easy to erase the federal government’s debt. Those who deny that soaring debt can ever be a worry for the U.S. often point out that this debt is denominated in the same U.S. dollars the Fed has the ability…
    Mitch Kokai, October 23, 2017
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    JLF’s Joe Coletti Talks To WRAL About Folly of Incentives

    Tyler Dukes of WRAL reports: In the wake of the 2008 recession, about four of every 10 of the jobs state officials hoped to lure to North Carolina with the promise of millions in taxpayer money failed to materialize, new Commerce Department data show. A WRAL News analysis of…
    Donna Martinez, October 19, 2017
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    NC goes from No. 12 to No. 11 in Tax Foundation Business Climate Ranking

    NC has gone from 12 to 11 in The Tax Foundation’s Business Tax Climate Index. Here’s two bits of commentary from the Executive Summary. The rankings for all states are also included in the summary. After the most dramatic improvement in the Index’s history in 2015—from 41st to 12th in…
    Roy Cordato, October 17, 2017
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    This weekend on Carolina Journal Radio

    North Carolina school officials were happy to announce recent gains in SAT scores and Advanced Placement participation. Terry Stoops looks beyond the headlines during the next edition of Carolina Journal Radio. Julie Tisdale explains why she’s happy to see Carolina Beach discussing rules linked to accessory…
    Mitch Kokai, October 13, 2017
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    Kudlow praises top Trump tax expert

    Larry Kudlow explains at National Review Online why he’s happy to see Kevin Hassett working within the Trump administration. President Trump’s new CEA chair, Kevin Hassett, walked into the lion’s den last week with his first official speech. He used the moment to pound the leftist Tax Policy…
    Mitch Kokai, October 10, 2017