Budget, Taxation & Economy
Budget, Taxation & Economy
Budget, Taxation & Economy
The Inflation Reduction Act Would Do Nothing to Reduce Inflation
Inflation is at 9.1%, the economy is in a recession, and after a year of back and forth, Senators Joe Manchin (D-WV) and Chuck Schumer (D-NY) agreed to a massive…
Budget, Taxation & Economy
US Economy Contracts Again, Harming Poor Most
The U.S. economy shrank at an annual rate of 0.9% in the second quarter of 2022, according to the advance estimate released by the Bureau of Economic Analysis (BEA) this morning. This data…
Budget, Taxation & Economy
Worker Shortage Continues: Low Wage Sectors Hardest Hit
We all have witnessed examples of the worker shortage. Signs in business windows that read: “now hiring,” “please be patient, we are short on staff,” and “reduced hours” abound. The…
Research Brief
Budget, Taxation & Economy
Latest State Budget Adds More Pork
North Carolina’s latest budget spends exorbitantly on pork and establishes a “Local Project Reserve” as a catch-all for local government projects Local projects should not be funded by statewide taxpayers…
Budget, Taxation & Economy
What is Behind North Carolina’s Economic Success?
North Carolina’s prosperity bewilders some people. Folks on the left struggle to articulate North Carolina’s growing economy that has benefitted dramatically from policies they claim “hurt the state.” Some assert…
Budget, Taxation & Economy
June Jobs Report
North Carolina’s June unemployment rate remained unchanged at 3.4% for the third consecutive month according to the latest release from the North Carolina Department of Commerce. The national rate also remains unchanged…
Freedom Focus
Budget, Taxation & Economy
Government Doesn’t Make Things “Affordable”
Government efforts to make things “affordable” instead typically make things worse. Prices are rising the fastest in industries receiving the largest government efforts to make them affordable. Programs to make…
Freedom Focus
Budget, Taxation & Economy
Is Inflation Killing the American Dream?
Inflation is more than just an expensive trip to the grocery store or gas pump. Workers sacrifice goals and dreams to combat the immediate peril of skyrocketing prices. Inflation destroys…
Budget, Taxation & Economy
Inflation Costing North Carolinians Nearly $8,000 per Year
The inflation tax is crushing household budgets, especially low-income households.
Budget, Taxation & Economy
Bidenflation Tanks Small Business Optimism
Inflation continues to wreak havoc on small businesses. The percentage of small business owners reporting inflation as the biggest business problem is at the highest level since 1980. Expectations have dropped each…
Budget, Taxation & Economy
NC Ranks as #1 Top State for Business
North Carolina has earned the top spot in CNBC's 2022 "Top States for Business" ranking.
Budget, Taxation & Economy
Inflation Climbs to 9.1%, a Four-Decade High
Consumer prices increased 1.3% on a seasonally adjusted basis in June, according to the latest data released by the Bureau of Labor Statistics. The annualized rate is now 9.1% before seasonal adjustment,…