Because of multiple “pauses” by President Trump, the bulk of tariffs have been delayed until Aug. 1. It’s irresponsible to make conclusions about the impact of tariffs that have not even been implemented yet.
It’s not too late for state legislators to erase their mistake and completely cut ties with NCInnovation. Instead, they could redirect half a billion in taxpayer dollars to help victims of one of the most devastating natural disasters in state history.
In a free society, it is not the president’s — nor government’s — role forcibly to direct the labor market and production output to their desired outcomes. That’s what big-government central planning looks like.
In effect, tariffs are actually taxes on domestic consumers, not on foreign competitors.
Stein and company’s fearmongering is highly premature and irresponsible.
It's time to reclaim the power of the people's voice in policymaking in North Carolina. Let's ensure that our laws are created by those we elect, not by bureaucrats behind closed doors.
There is ample evidence to point to the incoming Trump administration being confronted with a stagnating economy — or worse.
How maddening to think that local volunteers and charitable organizations with boots on the ground can have their relief efforts halted by a FEMA bureaucrat second-guessing how “equitable” their relief is.
It’s no secret that many North Carolinians rely on government assistance programs to make ends meet. But they often get caught in a benefits cliff which disincentivizes them from looking for more meaningful work and gaining independence. Benefits cliffs occur when an individual, family, or household experiences a sudden, steep loss of government assistance as...
A recent Economist magazine article examined President Joe Biden’s industrial policy approach, describing it as “place-based industrial policy.” The article describes such policies as directing tens of billions of taxpayer dollars to specific “struggling regions” in order to boost manufacturing capacity and hopefully incentivize private investment. Specific examples the article cites include $10 billion to...
First, the good news: North Carolina’s unemployment rate is reported as being among the lowest in decades. The NC Department of Commerce reported in August that the state’s unemployment rate for July came in at 3.3%, tying two months in 2022 for the lowest rate since 1999. Now, the not-so-good news. For starters, a low...
President Biden has of late unveiled the term “Bidenomics” in an attempt to brand his administration’s economic agenda a success story. “Good jobs and lower costs: That’s Bidenomics in action,” he declared. Unfortunately for him, the American public isn’t buying it. Recent polling shows only 34% of Americans approve of his handling of the economy....