Economy (page 110)

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    Worried about bad economic impacts on the state? Support DEQ’s fight against the Clean Power Plan

    Let’s assume this sudden effluence of people worried about negative economic impacts on the state are genuine. Well, even if they aren’t, there are significance reasons — among them, economic ones — to oppose the federal imposition of the Obama administration’s so-called “Clean Power Plan.” As I wrote earlier…
    Jon Sanders, May 3, 2016
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    Ed Bastian speaks

    Ed Bastian, Delta Air Lines Inc.’s new chief executive officer, speaking to Bloomberg: “We’re looking at the international economies, we’re looking at the risks that we’ve seen on the security front in Europe,” Bastian said. “Maybe some of the flying we’re doing in the fourth quarter, particularly internationally, may…
    Michael Lowrey, May 2, 2016
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    Mike Rowe takes Wallethub to task

    Mike Rowe, an advocate for career and technical education, blasted a recent Wallethub ranking of the best and worst entry-level jobs in America.  One of the website’s authors, using his own makeshift methodology, ranked skilled trades lowest and engineering professions highest. Rowe was not pleased.  He wrote, There’s no…
    Terry Stoops, April 29, 2016
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    ‘I want a kajillion bajillion dollars!’

    Forgive me, but silly “economic impact” figures being fed to eager media gulls about the Massive Economy Losses caused by HB2 are sounding like Dr. Evil coming up the biggest number he could think of knowing full well at least they won’t laugh.
    Jon Sanders, April 25, 2016
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    The changing face of retail, April 2016 edition

    Sears Holdings has announced that it’s closing 68 Kmarts and 10 Sears stores. Among the casualties are five Kmarts in North Carolina: Brevard, Gastonia, Lumberton, Pineville, and Rocky Mount. Another bad day for retail in some of the state’s smaller cities.
    Michael Lowrey, April 21, 2016
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    Economic impact of raising student achievement

    Eric Hanushek, Jens Ruhose and Ludger Woessmann just published an amazing analysis of the economic benefits of increasing student performance to match regional, national, and international leaders. According to Hanusheck, Ruhose, and and Woessmann, raising academic achievement to the Minnesota level would produce…
    Terry Stoops, April 20, 2016
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    Another troubled city, another subsidized stadium to the rescue

    Back in May of last year, I was up in Connecticut for my cousin’s wedding. Afterwards my father and I went over to New Britain and had a blast at a Rock Cats AA minor league baseball game. (Fourth row, behind home plate, with the major league scouts sitting a…
    Michael Lowrey, April 18, 2016
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    How to grow the economy the media way

    If you pay attention to the pages of the News & Observer, or listen to other local media soothsayers, you will over time derive their principles of economic growth for our great state. But most people haven’t the time or the patience for that, so here are many that I’ve been…
    Jon Sanders, April 6, 2016