Much has already been written about Joe Biden’s presidency. His plans that will expand the size and scope of the federal government receive the most attention. Biden quickly pushed a $1.9 trillion coronavirus relief package through Congress, despite unanimous Republican opposition. This was on top of $3 trillion of relief passed while Donald Trump was...
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...
If the supply of oil goes up, the price of oil and gasoline falls. If the supply of oranges goes up, the price of oranges and orange juice goes down. If the supply of computers, televisions, and smart phones increases, the prices of all these products decline. These are all examples of how the basic...
Since 2010, state and local spending as a share of North Carolina’s economy has dropped by 10 percent. The goal of North Carolina conservatives is not to reduce it to zero.
North Carolina truly deserves its national reputation as a leader of conservative reform. Within the state, however, there’s work to be done on renewing relationships and rebuilding trust.
Burton Abrams lists 10 of the worst government blunders of the last century.
Lower fuel prices affect not only gasoline and energy purchases but also the cost of all petroleum-based products, many of them an integral part of production activities. The lower the costs of these inputs, the lower the costs of production across the board, the greater the increase in output and job growth, and the lower the prices for consumers.
Ever since conservatives won majorities in the North Carolina General Assembly and began reducing taxes, spending, and state regulation, liberals have predicted doom.
While the media misses the boat, even some who like lower prices fail to understand the benefits.
RALEIGH — Some progressives continue to push for an increase in the government-mandated minimum wage. They argue that employers ought to be forced to pay their workers a “living wage.” Dr. Roy Cordato, John Locke Foundation vice president for research and resident scholar, finds flaws in their thinking. Cordato discussed the issue with Donna Martinez for Carolina Journal Radio.
The supporters of UI extended benefits predicted dire economic consequences from the expiration of those benefits. The predicted consequences didn’t happen.
