Economy (page 2)

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    Looks like Cooper moved his reopening goalposts again just in time

    NC has been achieving Cooper's abandoned reopening metrics. Cooper had said his orders were just until we had a vaccine. Now he's saying wait till two-thirds of people are vaccinated. Reports are that probably won't happen, certainly not any time soon.
    Jon Sanders, May 5, 2021
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    Corporate welfare program continues to benefit wealthy counties, awards another $624 million in 2020

    North Carolina’s largest “economic incentive” program continued to favor the state’s already wealthy counties, according to a new report. The Job Development Investment Grant (JDIG) program is North Carolina’s premiere corporate welfare program, doling out hundreds of millions of dollars in targeted tax breaks to politically-selected…
    Brian Balfour, May 4, 2021
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    The NC Threat-Free Index for the week ending May 3

    It's been over a year. It's well, well, well past time for the governor to end this open-ended "emergency" rule. 
    Jon Sanders, May 4, 2021
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    Chlorine Is the New Toilet Paper

    At the height of the pandemic and Gov. Cooper’s draconian shutdown of North Carolina’s economy, finding a store with toilet paper on the shelf was cause for celebration. The supply chain was reeling from the sudden surge in demand by a fearful public forced out of our jobs and…
    Donna Martinez, May 4, 2021
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    Tech companies focusing on profits over politics

    Allison Shrager writes for City Journal about a welcome development in the tech world. Tech firms are returning to business models that focus on products and profits rather than politics and causes. Well, two are, anyway. The web software firm Basecamp is asking employees not to discuss politics…
    Mitch Kokai, May 3, 2021
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    New Carolina Journal Online features

    Donna King reports for Carolina Journal Online on North Carolina’s nearly $1 billion incentive deal for Apple. John Hood’s CJ Opinion explains how conspiracy theories damage democracy.
    Mitch Kokai, May 3, 2021
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    If there’s a gas shortage this summer, this is why

    I’m from a truck-driving family. My dad worked in the fields harvesting crops for many years, but he was finally able to move up to driving a delivery truck and unloading groceries at every stop. For a time there were no mechanized palettes; it was all done by hand and…
    Donna Martinez, April 30, 2021
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    Corporate activism overtakes duty to shareholders

    Zachary Halaschak writes for the Washington Examiner about a disturbing development in corporate America. Increasing corporate involvement in political and social justice initiatives has led some investors to worry they are straying from solely prioritizing shareholder value. Over the past few months, and really years, companies have begun…
    Mitch Kokai, April 29, 2021