Economy (page 107)

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    New Carolina Journal Online features

    Dan Way reports for Carolina Journal Online on state lawmakers’ reaction to the recent government takeover of behavioral health network Cardinal Innovations. John Hood’s Daily Journal rebuts the annual columns that portray Christmas gift exchanges as economic losers.
    Mitch Kokai, December 13, 2017
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    Can states develop better welfare work requirements?

    Workforce participation has stalled or declined among men and women of prime working age. Edward Lazear of Stanford University says 1.5 million jobs are simply “missing”. Existing work requirements for welfare programs have had limited success. Brookings Institution scholar Ron Haskins says in a recent paper the federal government…
    Joseph Coletti, December 8, 2017
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    What will happen to high-tax states?

    Ray Dalio’s team projects life without the state and local tax deduction will result in higher effective taxes in high tax states, more flight from those states and lower tax collections. The Wall Street Journal sees some of the effects in California, where Gov. Jerry Brown argues that…
    Joseph Coletti, December 8, 2017
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    New Carolina Journal Online features

    Dan Way reports for Carolina Journal Online on the latest step forward in High Point’s plan to build a taxpayer-funded downtown baseball stadium. Becki Gray’s Daily Journal compares North Caolina’s occupational licensing rules to the Grinch.
    Mitch Kokai, December 8, 2017
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    NC competes, even without incentives

    This might be a first – an entire article about a company considering a move to Raleigh, and not a single mention of incentive grants or tax breaks to get them here.  Instead, Raleigh’s lower cost and tech talent base makes it an attractive relocation site for Appian. The…
    Julie Tisdale, December 7, 2017
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    N.C. State’s Walden projects state economic picture for 2050

    Many of us wonder what lies ahead for the North Carolina economy next year. N.C. State professor Michael Walden wants to know what’s going to happen in 30 years. That’s why he titled his latest book North Carolina Beyond the Connected Age: The Tar Heel State in 2050. Walden shared…
    Mitch Kokai, December 6, 2017
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    “Yeesh. This requires government money?”

    Last week, I got an email from a colleague that read, “Yeesh.  This requires government money?” and a link to the page on Wake County’s website about Commercial Waste Reduction Grants. I think my colleague’s reaction was spot on. “Commercial waste reduction” is exactly what it sounds like –…
    Julie Tisdale, December 5, 2017
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    Roy Cordato Writing For Investor’s Business Daily: Bad Economics & Economic Impact Studies

    JLF’s Roy Cordato, published at investors.com: The formula is simple and predictable. A special-interest group that stands to benefit from the project funds an economic impact study that provides impressively large “hard numbers” on jobs, wages and additional output that will be generated. The interest group will then tout the…
    Donna Martinez, December 5, 2017