Jobs and economy (page 383)

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    GOP budget creates 13,600 government jobs in August!

    Of course that’s not true. But that’s the logical conclusion one would reach if one believed last month’s spin from left-leaning politicians and pundits. At that time, they decried North Carolina’s 11,000 lost government-sector jobs in July, implying or stating categorically that Republican state budget cuts deserved the…
    Mitch Kokai, September 16, 2011
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    Latest employment release: Government job gains wiped out previous losses, ESC reports useless

    This just in: Republican budget restores lost government jobs! Or not. Today’s monthly release of statewide employment data from the Employment Security Commission shows how worthless the ESC’s use of data has become. The release (PDF) says the unemployment rate rose to 10.4 percent in August. But it downplayed…
    Rick Henderson, September 16, 2011
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    New Carolina Journal Online features

    This week’s Carolina Journal Online Friday interview features a conversation with Jesse Helms Center Free Enterprise Fellow Peter Frank about the crossroads he’s identified for the American economy. Kristen Blair’s guest Daily Journal explores some recent scandals surrounding public school standardized testing programs.
    Mitch Kokai, September 16, 2011
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    American Jobs Act: Greens looking for green

    President Obama’s “American Jobs Act” includes a provision that requires states to “give priority to the use of green [building] practices.” PART I – ELEMENTARY AND SECONDARY SCHOOLS SEC. 225. STATE AND LOCAL APPLICATIONS. (F) a description of how the State will give priority to the use…
    Terry Stoops, September 15, 2011
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    If President Obama really wants to help create jobs …

    As the president visits North Carolina today, Byron York highlights for Washington Examiner readers the impact of the Obama administration’s efforts to curb overregulation: The number and scope of federal regulations, along with the costs of those regulations and the number of federal regulators,…
    Mitch Kokai, September 14, 2011
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    Think an overly extended welfare state doesn’t matter?

    It’s not just my Hungarian heritage that leads me to highlight a Bloomberg Businessweek article about great-grandfather Kokai’s homeland. Wielding scythes and pitchforks, about 30 men and women hack through brambles on a hillside above the Hungarian village of Gyöngyöspata. With the nearest road more than…
    Mitch Kokai, September 14, 2011
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    National publication puts Moynihan on the spot again

    The latest Bloomberg Businessweek features a less-than-flatttering cover photo of an apparently worried Bank of America CEO Brian Moynihan, and the article associated with that cover questions whether it’s possible to save the Charlotte-based bank. Announced on Aug. 25, [Warren] Buffett’s purchase of $5…
    Mitch Kokai, September 14, 2011
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    Obama’s stimulus, er, jobs act obliterates federalism

    President Obama will be in the Triangle again Wednesday, touting his American Jobs Act, which, at a price tag of $477 billion, is supposed to stimulate the economy more than the $824 billion American Reinvestment and Recovery Act could not. The White House has helpfully broken down the bill’s…
    Rick Henderson, September 13, 2011