Monetary policy (page 9)

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    Where our tax-dollars go

    Sarah Curry, October 9, 2015
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    Barron’s Epstein highlights poor economic forecasting

    Gene Epstein of Barron’s uses the occasion of Yom Kippur to focus on recent economic sins. In this annual Yom Kippur column on economic sins of omission and commission in need of atonement, Federal Reserve Chair Janet Yellen rates high on the list of…
    Mitch Kokai, September 28, 2015
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    NC can take a lesson from Wyoming

    A new article from Governing, touches on rainy day funds and when it is time to use the funds set aside by state’s. North Carolina put aside millions into its rainy day fund, to offset an unforeseen natural disaster or another recession.  Now the question that must be raised…
    Sarah Curry, September 24, 2015
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    New Study of how Federal Spending affects state budgets

    North Carolina is no stranger to how the federal government’s programs affect our state budget.  Take Medicaid for example, it has caused a problem for state budgets for years – and it is a federal program that receives a significant amount of federal spending.  If the federal government can’t keep…
    Sarah Curry, September 24, 2015
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    NC House votes on Economic Development

    The NC House voted today on the NC Competes Act, which is a bill which will increase incentives in the state.  The complete press release is below: Today the North Carolina House of Representatives passed HB-117: NC Competes Act with a bipartisan vote of 84-24. HB-117 will now need…
    Sarah Curry, September 23, 2015
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    Kudlow would like to hear money talk from GOP candidates

    Lawrence Kudlow details in a column posted at Human Events his disappointment that neither Republican presidential debate has devoted much time to issues involving money. … [I]t would have been a good thing if any of the candidates talked about our money. A strong…
    Mitch Kokai, September 23, 2015
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    NC Senate voted to increase corporate welfare

    A press release was sent out by the NC Senate late last night about their vote to extend the JDIG program for an additional 3 years.  See the entire release below: In a unanimous vote, the North Carolina Senate on Monday tentatively passed legislation that will continue efforts to recruit…
    Sarah Curry, September 22, 2015
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    Barron’s Forsyth analyzes the history of seasonal market swoons

    Randall Forsyth of Barron’s reminds us that the stock market has a tendency to weaken at this time of the season. [T]here have been an unusual number of market upheavals around this time. A partial list includes a panic that shut the New York Stock Exchange…
    Mitch Kokai, September 21, 2015