Civitas Review

Economics Archives

  1. Sep
    17

    Could NC's Economy Grow Without Handouts to Cronies?

    Posted in Budget & Taxes, Economics By Brian Balfour | Tagged , , , ,

    The N&O today published my article describing what I'd like to see in a special session in Raleigh to address economic incentives. A sample: Imagine with me for a moment what would happen if Gov. Pat McCrory’s office and state legislative leaders released the following joint statement regarding a special session to address economic development […]

  2. Sep
    15

    CFO's Confirm the Obvious: Minimum Wage Hike Will Cost Jobs

    Posted in Economics By Brian Balfour | Tagged , ,

    This Triangle Business Journal article confirms the obvious: Chief financial officers in the United States say a minimum wage increase to between $10 and $15 per hour would cause immediate harm to the economy. According to a survey of chief financial officers from global companies, a minimum wage increase “would result in immediate layoffs and […]

  3. 1
    Sep
    09

    You Lose If Mudcats Grab $1.5M Scoreboard

    Posted in Budget & Taxes, Economics By Jim Tynen | Tagged , , , ,

    What would you say to an investment adviser who said, “I want you to invest some money in a failing enterprise”? Especially if she added, “You’ve already put a bunch of money into this, so you’ve got to put in more to keep from losing all of it!” You’d fire her on the spot. Or, […]

  4. none
    Sep
    05

    If I Were in Charge of the Special Session

    Posted in Budget & Taxes, Economics By Brian Balfour | Tagged , ,

    More groups keep coming out urging Gov. McCrory to call a special legislative session to expand corporate welfare programs, along with extending targeted tax credits, especially the credits for the film industry set to expire at the end of this year. Previously, I've expressed opposition to such a special session, but now I've realized this […]

  5. none
    Aug
    11

    Liberal Hypocrisy on State Taxes

    Posted in Budget & Taxes, Economics By Brian Balfour | Tagged , ,

    This news article about changes to NC's film industry tax credit program not only highlights the obvious, but illustrates how ridiculous progressive liberals sound when they  try to argue against tax cuts. First, the obvious. Without special tax breaks, there will be less investment in the film industry in NC. As stated by HBO series "Homeland" producer […]