David,

I was stunned by the statement that the governor’s trip to Italy was important “especially now when the dollar is not in a very strong position.” Wouldn’t that make it more likely for Italian firms to invest in NC, make NC products more cost-competitive in Italy, and make the entire boondoggle that much more expensive? Seven years ago, the governor could have gotten 1.25 euros per dollar, now he gets half a euro. How does any of this make sense?