Economy

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    Booming Economy = Labor Shortage = Innovative Pay Model

    The typical American worker is paid by his/her employer every two weeks or perhaps once a month. But the fast food restaurant industry is innovating in order to attract workers who have myriad options thanks to our incredibly low unemployment rate. Bloomberg reports: Restaurant chains are pulling out all…
    Donna Martinez, May 20, 2019
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    New Carolina Journal Online features

    Dan Way reports for Carolina Journal Online on criticism of solar energy output ratings. John Hood’s Daily Journal highlights the link between economic freedom and business development.
    Mitch Kokai, May 20, 2019
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    Protectionist tariffs panned

    Michael Tanner writes at National Review Online about the folly of protectionist tariffs. Conventional wisdom holds that it is the “elites” who are opposed to President Trump’s protectionist policies, including his recent ramp-up of tariffs on Chinese goods, and it is true, insofar as support for free trade…
    Mitch Kokai, May 16, 2019
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    How to use one-time money

    Yesterday, the governor’s Office of State Budget and Management and the General Assembly’s Fiscal Research Division released their latest consensus forecast, which includes the truly surprising April tax collections. Earlier reports suggested the revenue could be as much as $700 million higher than originally forecast. The final estimate is…
    Joseph Coletti, May 15, 2019
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    CJ reports: Latest Civitas Poll shows likely voters concerned about environment, education spending

    Carolina Journal reports on the latest Civitas Poll results. Most North Carolina voters think the media has covered Robert Mueller’s investigation too much, but a majority also approve of Mueller’s performance as special counsel. The data comes from the latest Civitas Institute statewide survey. The conservative public policy…
    Anna Manning, May 15, 2019
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    Forbes praises capitalism’s virtues

    Steve Forbes‘ latest contribution to Forbes magazine explains why “capitalism isn’t kaput.” HARDLY A DAY goes by without some eminence from business or finance proclaiming with furrowed brow and seeming sorrow that capitalism is in crisis and must be overhauled if it is to survive and not be…
    Mitch Kokai, May 13, 2019
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    Democrats struggle for economic answers

    A.B. Stoddard writes for Real Clear Politics about a challenge for Democrats hoping to defeat Donald Trump in the 2020 presidential election. … Americans are witnessing an economic turnaround they want to believe will eventually reach them, and this seems to be lost on the Democrats trying to…
    Mitch Kokai, May 13, 2019
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    Washington Examiner pans Trump’s approach to trade

    Editors at the Washington Examiner argue that President Trump just doesn’t “get” free trade. President Trump is taking a gamble this week on trade. He is threatening to impose massive tariffs against Chinese goods, which would be bad for American consumers but perhaps much worse for an increasingly…
    Mitch Kokai, May 9, 2019