The Uncompelling Case for NCInnovation
If we examine the case for public funding of NCInnovation, it is becoming clearer that the prospect is uncompelling.
nonprofit increasing economic opportunity in North Carolina’s rural and tobacco-dependent communities
If we examine the case for public funding of NCInnovation, it is becoming clearer that the prospect is uncompelling.
Another failed attempt by NCInnovation to justify the proposed $1.4 billion in taxpayer funds.
Before there’s any further discussion about the NCInnovation appropriation, the following concerns should be addressed.
Just before Labor Day, Gov. Roy Cooper signed the final bill appropriating money from North Carolina’s $3.6 billion share of the Coronavirus Trust Fund. He was clearly under duress. A…
John Locke Foundation’s Jon Sanders weighs in on corporate welfare for Apple Inc – As I read the details of the proposal and hear what state and local policymakers are…
Last month, Toyota and Mazda chose to locate a new joint car plant in Alabama despite a $1.6 billion incentives package offered by N.C. Department of Commerce officials. The companies…
We know North Carolinians are creative, but this is amazing. Remember, it’s a parody, but what if this were real? The North Carolina Solar Power Association is battling the perception…
The City of Greensboro announced yesterday it will receive over $8 million in grants from the Golden LEAF Foundation, the Rural Infrastructure Authority and Duke Energy to run sewer to…
Time to Dump Economic Development Policy
Obviously the big story from last night’s Greensboro City Council meeting is the Friendly-Hobbs rezoning, but flying under the radar is the council’s approval of a $2.3 million contract with…
Reporting for Carolina Journal, Don Carrington follows up on what happened to the deal with Spirit AeroSystems at the Global TransPark. When Gov. Mike Easley announced in May 2008 that…
It’s not directly from the legislature, but the Golden Leaf Foundation is planning on more economic incentives. This time, it’s $50 million to attract a car manufacturer. $50 million that…