Planning

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    January General Fund Update

    State revenues continued to outperform last year’s collections in January while appropriations fell, adding over $1 billion to the unreserved fund balance, according to the latest monthly report from the Office of the State Controller. Despite the good news, it is not clear why appropriations fell or what any…
    Joseph Coletti, February 16, 2021
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    “Fascism is the organised attempt to introduce socialist planning with the consent of big business.”

    That’s how Edward Conze defined it in 1934. By the time he wrote it Conze had been condemned by the Nazis, who saw to it that most copies of what he considered his masterwork were burned, and he’d fled Germany in search of sanctuary in England. He knew what…
    Jon Guze, January 23, 2021
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    More Zoning = Less Housing

    Not exactly a big surprise, but it’s nice to have corroboration in the form of a comprehensive, statistically rigorous study. The paper, “Land Use Regulations and Housing Development,” by Brendan Shanks, ought to be required reading for everyone involved in land use planning and zoning. Here’s the Abstract:…
    Jon Guze, December 16, 2020
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    This weekend on Carolina Journal Radio

    Now that Democrats have officially nominated Joe Biden as their presidential candidate, the electoral campaign enters a new stage in North Carolina and the rest of the country. Rick Henderson analyzes the impact of the Biden nomination and the recent Democratic National Convention in the next edition of…
    Mitch Kokai, August 28, 2020
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    Good for thee, not for me: Robert Reich edition

    Andrew Stiles of the Washington Free Beacon reports interesting news involving former U.S. Labor Secretary Robert Reich. Robert Reich, a left-wing professor at the University of California Berkeley who served as labor secretary during the Clinton administration, is very concerned about income inequality. He urged Wall Street executives…
    Mitch Kokai, August 7, 2020
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    How N.C. DOT spent $742 million more than its budget

    Poor cash management resulted in massive overspending, which left the agency in dire financial straits in 2019. These challenges are again critical as the legislature plans to use $300 million in CARES Act funds to offset the collapse in gas tax revenues. State Auditor Beth Wood’s report on…
    Joseph Coletti, May 5, 2020
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    Obama’s ‘war on the suburbs’ continues under Trump

    Stanley Kurtz writes at National Review Online that a government power grab launched during the Obama administration continues under the current administration. The Obama administration’s Affirmatively Furthering Fair Housing (AFFH) rule was arguably its most radical attempt to “fundamentally transform” the United States. As I wrote at the…
    Mitch Kokai, February 18, 2020
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    Revaluing home ownership

    Has government policy, in promoting home ownership, actually made it more difficult to own a home? It’s almost a ridiculous question: who ever heard of a government policy having unintended effects that are opposite of intended outcome? It’s like suggesting that there was gambling at Rick’s Cafe.
    Joseph Coletti, January 16, 2020