John Hood's Syndicated Weekly Column | 2015 Archive


May

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.

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April

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.

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March

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.

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February

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.

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January

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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