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42% of BofA Fund Managers Predict a Recession Within Next 12 Months
It appears that 42% fund managers from Bank of America are predicting a recession within the next 12 months. This isn’t good news for the country or the Biden administration,…
Local Jobs Report Reflects State and National Woes of Smaller Labor Force
Unemployment rates increased in all but one of North Carolina’s 100 counties in January, according to the latest release from the state’s Department of Commerce. These local rates are not seasonally adjusted…
North Carolina Ranked as 8th Most Burdensome State for Occupational Licensing
A new study released this week finds that North Carolina ranks as having the 8th highest occupational licensing burden in the nation.
Samuel Spencer: On This Day in NC | March 20, 1793
Former UNC Trustee, militia colonel, and superior court judge, Samuel Spencer passed away. He was also a leading Anti-Federalist during the ratification debates at the Hillsborough Convention (1788). Willie Jones was the political faction’s mastermind, and Spencer, a…
Did Working from Home Make SVB Less Productive?
Working from home is a benefit many have enjoyed post-COVID but is it making companies less productive? As analysts review the collapse of Silicon Valley Bank (SVB), one of factors…
Save Oyster Farming from NIMBYism
The Not-in-My-Backyard (NIMBY) mentality is going after oysters. Complaining about unsightly materials and bad smells, some property owners on the coastline want oyster farmers to do their business elsewhere or…
Why High School Athletics Association Needs More Openness
The need for reforming the state's high school athletic association is highlighted by the broad bipartisan support the reform bill has in the General Assembly.
A Smart, Simple Fix for Some Unnecessary Overregulation
North Carolina’s administrative code is cluttered with over 1,000 rules whose authorizing statutes have been repealed. Though technically repealed, they were kept on the books owing to quirks in the…
How deceptive language keeps us in the dark about ‘Daylight Saving’ Time
My recent column for the Foundation for Economic Education looks at Daylight Saving Time (DST). In it I discuss the negative repercussions of DST on health, the economy, the workplace,…
Bank of America Big Winner in Silicon Valley Bank Collapse
When it comes to the collapse of Silicon Valley Bank (SVB), there’s one clear winner: Bank of America. The Charlotte-based company is one of the largest financial institutions in the…
Cooper’s “Opportunity” Budget Finds Billions for Teachers and Staff; Little to Nothing for Families who Want an Educational Option.
Governor Cooper released his budget recommendations earlier today (you can find it here). The spending is ambitious and, in some cases, eye-popping. The budget is largely a political document. Politicians…
Cooper Says We Have Enough Money for 18% Spending Increase, But Not Enough For Scheduled Tax Cuts
Governor Cooper released his recommended budget for the biennium today. The General Assembly has already begun budget writing, and the Governor’s recommendations, in this case, are purely political. Even so, it is…