Economy (page 7)

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    Minimum wage rhetoric and reality

    Kevin Williamson of National Review Online probes the real impact of the government-mandated minimum wage. There exists a vast hierarchy of values assigned to each and every good and service in the marketplace, and everybody gets to choose for himself what value he attaches to each product. He…
    Mitch Kokai, December 14, 2018
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    This weekend on Carolina Journal Radio

    N.C. legislators have loosed restrictions on the state’s targeted tax incentive program for economic development. Jon Sanders explains why that’s a bad idea during the next edition of Carolina Journal Radio. Terry Stoops offers a firsthand account of North Carolina’s charter school development process. UNC-Chapel Hill business…
    Mitch Kokai, December 14, 2018
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    New Carolina Journal Online features

    Lindsay Marchello reports for Carolina Journal Online on the bill that would shake up membership of boards overseeing N.C. elections and ethics enforcement. Jon Sanders’ Daily Journal ponders N.C. incentives and Apple’s decision to locate its new expansion in Austin.
    Mitch Kokai, December 14, 2018
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    “Medicare-for-All” ignores the benefits of private enterprise

    The idea of universal healthcare in the United States is currently more popular than ever. The idea has gained steam in Congress and among many young, progressive members of Congress as the only solution to save our inefficient healthcare system. Many on the…
    Jordan Roberts, December 13, 2018
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    Businesses Prefer More Sensible Government Policies over Tax Incentives

    Senate Bill 820 made it’s way through the North Carolina General Assembly quickly last week. It now puts into law more tax incentives for big businesses. These corporate giveaways provide financial assistance and tax advantages to wealthy corporations but JLF’s Jon Sanders points out that businesses would rather have…
    Anna Manning, December 11, 2018
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    New Carolina Journal Online features

    Lindsay Marchello reports for Carolina Journal Online on one UNC Board of Governors member’s concerns about a “strike” tied to Silent Sam. The Daily Journal highlights divisions within the N.C. Republican Party over the state’s targeted tax incentives.
    Mitch Kokai, December 11, 2018
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    Recession ahead?

    Governing magazine’s Liz Farmer finds economists are increasingly worried about the possibility of a recession. She writes that S&P sees slower growth as a more likely scenario than outright contraction, but budget timelines are not as simple. Agencies have already begun planning their budgets through June 2021—the governor will…
    Joseph Coletti, December 10, 2018
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    New book explores government’s role in keeping people poor

    Michael Tanner of the Cato Institute describes at National Review Online the role government plays in perpetuating poverty. Conservatives point to a “culture of poverty” and suggest that much deprivation is the result of flawed choices and behavior by the poor themselves. They point to a strong correlation…
    Mitch Kokai, December 6, 2018