Economy (page 7)

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    Income growth in 2018

    North Carolina’s one-year income growth in the third quarter of 2018 was faster than any state in the southeast. The Pew Charitable Trusts has a great tool to see this and cross-state comparisons.
    Joseph Coletti, February 14, 2019
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    New Carolina Journal Online features

    Dan Way reports for Carolina Journal Online on the first bill filed this year to reform the N.C. electoral redistricting process. Roy Cordato’s Daily Journal addresses the morality of wealth.
    Mitch Kokai, February 14, 2019
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    Poll: Voters Not Convinced Tax Increases On Wealthiest Americans Benefit the Economy

      As progressives move even further to the Left and endorse policies that clearly make them welfare statists, a new poll shows that Americans are not convinced about the call to soak the wealthy with sky-high marginal tax rates. From Rasmussen: Most voters agree that government spending and taxes…
    Donna Martinez, February 11, 2019
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    Millennials and American prosperity

    Matthew Klein explains in a Barron’s column how the millennial generation could contribute to a surge in American productivity in the years ahead. The overall age of the workforce is also important. Dartmouth College economist James Feyrer first made this argument in 2002. Workers who are young and…
    Mitch Kokai, February 11, 2019
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    New Carolina Journal Online features

    Kari Travis reports for Carolina Journal Online on nontraditional colleges and learning methods. John Hood’s Daily Journal highlights the link between economic growth and workers’ pay.
    Mitch Kokai, February 11, 2019
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    Martin Center column weighs costs, benefits of college for entrepreneurs

    Michael McGrady writes for the Martin Center about the calculations an entrepreneur should make about whether to attend college. Launching a business is always a risk. And for young entrepreneurs, their path to success isn’t clear. But the long-debated question of whether an individual should jump right into running…
    Mitch Kokai, February 8, 2019
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    “God forbid if the rich leave”

    New York has received the “greatest revenue shock in recent years,” Gov. Andrew Cuomo announced earlier this week. Cuomo said income taxes will be $2.3 billion lower than expected when he introduced a $178 billion budget last month. “That’s as serious as a heart attack. This is worse than…
    Joseph Coletti, February 7, 2019
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    Economic boom gets in the Democrats’ way

    Betsy McCaughey writes for Real Clear Politics about the economic challenge for Democrats. Democrats, now the majority in the House of Representatives, are trying to turn that body into the House of Resistance. They vowed to use the State of the Union to voice their claims that the…
    Mitch Kokai, February 7, 2019