John Hood's Syndicated Weekly Column | 2015 Archive
May. 27th Invitation to the Dance
The primary effect of rainy-day funds in situations of fiscal stress is to head off “temporary” tax increases that can persist and fuel higher spending in the future.
May. 25th Always Take Ideas Seriously
Ideas are powerful. They change minds and motivate behavior. They are also potentially dangerous.
May. 20th House Spends Too Much
Lawmakers were right in 2013 to prioritize general needs above business subsidies. Consistency should be the rule for 2015 and beyond.
May. 18th Ask the Right Questions
The available evidence argues for a reform strategy based on higher standards, rigorous and independent assessment, differentiated pay for principals and teachers based on responsibilities and performance, and greater parental choice and competition.
May. 13th How McCrory Gets Judged
Today’s polls tell us nothing other than the McCrory-Cooper contest will be highly competitive. Over the next several months, watch North Carolina’s economic performance. It is actually the leading gubernatorial indicator.
May. 11th Stick With Fiscal Discipline
The state budget should be used to fund basic services and otherwise leave money in the hands of the North Carolinians who originally earned it, to spend as they wish.
May. 6th Taxes About to Drop Again
Because of tough decisions made by the General Assembly and Gov. Pat McCrory, North Carolina’s payroll tax is expected to drop by about $280 million in 2016 and as much as $550 million by 2017.
May. 4th Starting Point on Road Funds
When it comes to the backbone of North Carolina’s system, taxing fuel, technology has subverted its ability to serve as a stable approximation of a user fee.
Apr. 29th Fallacies Impede Sound Policy
Those who advocate rational public policy, based on a thorough understanding of the principles of human action and the benefits of voluntary exchange, are bound to be disappointed much of the time.
Apr. 27th Bond Bite Is Too Big
If the referendum were held today, I’d probably vote yes on the highway bonds and no on the infrastructure bonds. State lawmakers should boil the latter down to essentials before placing them on the ballot.
Apr. 22nd Please Raise This Tax
The main justification for exempting state and local bonds from taxation is that it helps governments afford important capital projects such as schools and roads.
Apr. 20th Budget Crisis Didn't Occur
North Carolina’s recent history shows that whenever state lawmakers enact major changes in tax policy, there is a potential for error in revenue forecasting.
Apr. 15th Freedom Is A Weighty Issue
Individual freedom will be imperiled over time in rough proportion to the degree of individual dependency on the state.
Apr. 8th Mind Your Own Business
I think that we might have a better chance of getting governmental busybodies to mind their own business if we really and truly minded our own business.
Apr. 6th A Capital Idea for Growth
Obviously infrastructure and education are important. This is an argument for spending more wisely on them, rather than just jacking up their cost. I think it’s a capital idea.
Apr. 1st Look Before You Tweet
Every false report spread virally as fact serves to insult true victims and render them less likely to be believed.
Mar. 30th Georgia On My Mind
I’m happy to say that there is, indeed, a Carolina Comeback. But I’d be even happier if we were keeping up with the Peach State Surge.
Mar. 25th Beware of Fiscal Storms
Whether for short-run or long-run needs, having more money in the state's bank account sure would come in handy.
Mar. 23rd Careful About Rule Changes
Change an electoral rule if it makes sense on the merits, but don’t do it assuming that your party will benefit. Back in the day, Democrats checked their swing. Now they’re glad they did.
Mar. 18th Job Growth Sizzled Last Year
We now have much harder numbers on recent employment trends in North Carolina, and can say with confidence that 2014 was the second-best year for job growth since the turn of the 21st century.
Mar. 16th Operatives Recycle Hagan Claim
Those now peddling Kay Hagan’s discredited claim about North Carolina’s new tax code are not serious participants in the tax-reform discussion. They are liberal propagandists and partisan operatives whose efforts will, I suspect, meet a similar fate.
Mar. 11th Of Course Taxes Matter
If North Carolina’s tax burden has no effect on business decisions and the performance of the economy, as left-of-center politicians and editorialists have repeatedly insisted, then why are they so enamored with targeted tax breaks?
Mar. 9th Fiscal Issues Divide GOP
Now that Gov. Pat McCrory has released his budget proposal for the 2015-17 biennium, there are at least two fiscal issues dividing North Carolina Republicans this year.
Mar. 4th For A Balanced Diet
Broadcasting should make up only part of an active citizen’s news consumption — and, frankly, not the largest share of it.
Mar. 2nd Making a Federal Case of It
Federalism is not a tool for protecting “states’ rights.” It’s a tool for protecting your rights, and mine.
Feb. 25th Pivot Back to Markets
I’ve always appreciated this section of Article One of the North Carolina Constitution: “Perpetuities and monopolies are contrary to the genius of a free state and shall not be allowed.” Let’s pivot back to that fundamental principle.
Feb. 23rd A Martyr to Applause
If the recent review of campus-based centers by the University of North Carolina Board of Governors was all an elaborate ruse to silence a critic of Republicans, it would probably qualify as the most improbable, elaborate, and ineffective conspiracy in North Carolina history.
Feb. 18th The Song Remains the Same
Ever since North Carolina governors gained the option of succeeding themselves, each reelection campaign has essentially followed the same script.
Feb. 16th Polls Show McCrory Gains
The narrative of a state full of voters chomping at the bit to overturn GOP control of state government is patently false.
Feb. 11th Freedom Is Our Goal
What do today’s conservatives want? For North Carolina truly to become First in Freedom.
Feb. 9th School Grades Teach Lessons
Those who care about education reform learned a lot on February 5 when North Carolina released its first letter grades for public schools.
Feb. 4th Fair Is Not Foul
Redistricting reformers would welcome any alternative as long as it is based on the principle that neutral rules should be our means and competitive elections our end.
Feb. 2nd What If NC Matters?
After Mitt Romney’s announcement that he won’t enter the race, I’m starting to think that the North Carolina primary may prove to be not just early but potentially decisive.
Jan. 28th State Sill Outpaces Region
Ever since conservatives won majorities in the North Carolina General Assembly and began reducing taxes, spending, and state regulation, liberals have predicted doom.
Jan. 26th Free Speech Faces Threats
In a free society, the proper answer to speech you don’t like is to speak yourself, individually or as part of your own voluntary associations.
Jan. 21th Burr in Obama's Saddle
During his two terms in the Senate, Richard Burr has been a workhorse, not a showhorse. So quite a few North Carolinians have formed no strong opinions about him.
Jan. 19th Read Tax Claims Skeptically
When you include all taxes together, the wealthiest 20 percent have tax burdens more than twice as large as a share of income as those of the poorest 20 percent.
Jan. 14th UNC Policy Draws Lawsuit
Another wave of bad publicity and legal questions isn’t what the University of North Carolina at Chapel Hill needs. But that’s exactly what the school is getting.
Jan. 12th In Defense of Political Mavericks
Political parties are and have always been coalitions of politicians, activists, and voters with a variety of views and interests. Partisan actors just have to have enough in common to justify working together.
Jan. 7th School Woes Aren't Werewolves
Policymakers out to improve education shouldn’t discard the silver bullet of small schools in search of a new silver bullet.
Jan. 5th Burr Favored in Duel
Key Democratic politicians will be loathe to pass up what are good reelection prospects in order to take on an incumbent senator.
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