President Biden’s $1.9 “stimulus” is a reckless and irresponsible bill — one that, we are pleased to report, most of North Carolina’s congressional delegation voted against.
The U.S. Congress and President Trump are testing whether there are any limits to debt-financed fiscal policy. Already running a $1 trillion deficit, Congress has tripled the deficit with three bills to combat the health and economic effects of the novel coronavirus. The first bill — H.R. 6074 — Coronavirus Preparedness and Response Supplemental Appropriations Act...
In a recent tweet, former President Barack Obama declared, “Eleven years ago today, near the bottom of the worst recession in generations, I signed the Recovery Act, paving the way for more than a decade of economic growth and job creation.” The tweet set off a debate among the cable news punditry class about which...
Every day, there’s some news event, data release, or political speech that could make even the most naturally cheerful North Carolinian feel down in the dumps.
Gaining a majority of votes may give you access to governmental power – but it does not give you license to do whatever you want with that power.
A lack of logical and empirical foundation has never prevented crackpot ideas from becoming widely accepted for generations.
The best treatment for a recession is for governments to set their own broken bones and otherwise stay out of the way.
For the private economy to begin a healthy recovery, business managers, investors, and entrepreneurs need certainty about the fiscal and regulatory future.
After promising change, the 44th president simply expanded on his predecessor’s bad economic ideas.
RALEIGH -- In 2008 the federal government launched a bailout program unlike any seen since the Great Depression. The government borrowed more money, increasing the national debt. Americans were given tax rebate checks to get the economy moving.
RALEIGH -- Almost none of North Carolina's money was used to create jobs, improve infrastructure, or help small businesses; instead, it increased social programs, entitlement payouts, and government. Of the $6.1 billion, $1.4 billion patched holes in the state budget created by years of overspending by liberal lawmakers.
