Our own Max Borders had this article in yesterday’s News & Observer. In it, he dissects the wrong-headedness of government officials thinking that it’s up to them to create and preserve jobs. The economy is a dynamic ecosystem that we can’t design. While changes do affect people in the short term, we cannot continue to [...]
Monthly Archives: September 2007
- 1Sep14
It’s great to be Right-to-Work
With the SEANC/SEIU marriage being made official, and the $60 million in handouts to two union-run manufacturing plants this week, we should stop and think about the road down which NC is headed. Repealing Right-to-Work and instituting collective bargaining for government workers (two separate issues) is not a process that is going to happen overnight, [...]
- Sep14
Government predators
Imagine this scenario: a lending institution offers sub-prime interest loans to millions of people who otherwise would not have chosen to take on said debt, as time passes these people realize they are in a situation they can not handle, and are forced to take drastic action that has a devastating effect that potentially leaves [...]
- Sep14
Reagan Dinner: Inner Banks Eagle Coverage
Dean Stephens of Inner Banks Eagle attended the Michael Reagan event last night and covered it well.-Max Borders
- 1Sep14
Demagoguery: Richard Moore is Grandstanding
Gubernatorial candidate Richard Moore is grandstanding about Countrywide, according to this Under the Dome post: In the letter Moore, writes that the company rewarded employees who gave subprime mortgages to customers it knew could not afford them. "As an owner of this company and a large institutional investor, I ask that you provide me with [...]
- Sep14
Healthcare: Good News Ignored by MSM
From Galen: Premiums for job-based health insurance fell this year to 6.1%, the fourth consecutive year that costs have fallen and the lowest rate of increase since 1999, the Kaiser Family Foundation reported this week. Also, the number of firms offering high-deductible plans increased by nearly 30%, and premiums for these plans were the lowest [...]
- Sep13
NC Kids Care in Trouble — Thankfully
In spite of Democrat majorities in both chambers, the U.S. Senate and House are having a tough time agreeing on how much they want to spend — $35 billion (Senate) or $50 billion (House) — to expand SCHIP: the federal program that provides health insurance for children whose families make too much to qualify for [...]
- Sep13
Gangs in North Carolina
A NYT article on gangs in North Carolina predictably questions whether stricter law enforcement measures are really the solution to controlling the rise in gang activity. After all, it hasn’t worked in Los Angeles – so why should it work in Durham? What the NYT fails to note, however, is that L.A., along with Durham [...]
- Sep13
Jobs for Lobbyists
Pandora’s Box is open. In the wake of this week’s giveaways, its time to reflect. Whether we’re talking about $40 million for Goodyear or $60 million for a few, the economic incentives game in North Carolina has begun in earnest. It’s no longer targeted tax cuts like we got with Google and Dell, but direct [...]
- Sep13
Goodyear bill – doing the math
I promise, this will be the last on Goodyear for a while, but… I was doing a little math to figure out just how much of an impact the $60 million giveaway will have on Goodyear and Bridgestone. And here’s what I came up with… Each plant employs about 2200 full time hourly and contract [...]