Dale Folwell wants NEW TAXES.

I soooo hoped that this is some of that fake news that our state drivebys are so fond of concocting. But it isn’t.   I don’t know how much more back-stabbing and selling-out I can stand.   From what I know of Dale Folwell personally, and from what I’ve seen of his work in the General Assembly and at Employment Security, that headline makes NO SENSE.  I’d believe Folwell desiring more fiscal restraint, or less spending, before new taxes. But, that is the headline the drivebys are presenting us with.  Here are some of the highlights of the interview with…

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The rise of the freelance economy

The folks at George Mason U.’s Mercatus Center have come out with a pretty interesting study:  Are we becoming a nation of freelancers? Some fear that traditional employment is ending, a phenomenon perhaps driven by the rise of the sharing economy. Others have raised doubts that any changes are afoot in the labor market. We report on new data received from the Internal Revenue Service that sheds light on the changes in independent contracting. Our data support the claim that there has been an increase in nontraditional employment, but the data refute the idea that this increase is caused by…

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Cough up some more money or, um, um — YOUR BABIES WILL DIE !!! (Yeah. That’s it.)

 Just when I think the NC Chamber can’t sink any lower, they DO.  You expect a meme like ”Spend more government money or the babies will die” or ”Don’t cut any government spending or the babies will die and the world will end” from any of the usual left-wing suspects.  (Blinking’ Chris, for instance.) But not from the alleged defenders of capitalism in The Old North State. This is NOT your grandpa’s Chamber of Commerce.  It’s not the group who hosts golf tournaments and great banquets locally.  The NC Chamber is a gaggle of big businesses, mostly in Charlotte and…

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The economy: So, how we (really) doin’ ?

“How’m I doin’?” — campaign slogan for former NYC mayor Ed Koch _____________ It’s always good to stop, take a deep breath and assess things.  If you believe the NCGOP, North Carolina’s economy is booming.  If you believe the Democrats, the Four Horsemen of The Apocalypse are just minutes away. Well, the Bureau of Labor Statistics is out with state-by-state employment data for the first half of 2015.  Here in The Old North State, the civilian labor force has been growing steadily since January, but — unfortunately — so has the number of unemployed. According to the BLS, the civilian…

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AFP, Leftist Tourette’s syndrome & renewable energy

Rob Schofield, Robin the Boy Wonder to Blinkin’ Chris’s Bat-Girl, injects the word ‘Koch’  into his rants so often one might think he is afflicted with Tourette’s Syndrome: What’s he babbling about, you ask? Well, um, THIS: AFP is merely citing NC DENR’s March 2015 “Energy Report” and its claims about renewable energy.  Needless to say, Rob did not care for that:   Well, we only had to turn to page three of the DENR report to find what AFP was talking about: Session Law 2014-4, (Senate Bill 786) directed the Department of Environment and Natural Resources (DENR) to study several…

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O-Care: Top subsidized states are FL, CA, TX and —- NC !!!!!

That’s right. Our license tags advertise us as “First In Flight.”  But, thanks to ObamaCare, we are speeding our way toward being “First In Dependence.”  Here are the ugly facts:  North Carolina’s political leaders may not like the Affordable Care Act, but a large and growing number of residents rely on it for health insurance. Only Florida, California and Texas have more people getting subsidized coverage than North Carolina, according to a new government report on 2015 enrollment. That report shows about 515,500 North Carolinians qualified for aid, an increase of about 190,000 over 2014. The meaning of the data…

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A real-life ObamaCare horror story

We’ve all heard how nightmarish ObamaCare is.  It really hit home for me recently — thanks to the bureaucratic hell some good friends of mine are going through. My friends are a young married couple — she’s in her late 20s and he is in his early 30s.  They’ve got two kids — a newborn and a two year old. The husband recently quit his job with a local government entity to take the plunge with his wife into the world of entrepreneurship. While starting their business, they — like good citizens — went through the ObamaCare exchange to get family…

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#ncga: Emails reveal Gov. Pat’s $45 million giveaway on the ropes in House

Pat McCrory’s North Carolina Competes Act is undergoing a fight for its life in the General Assembly’s lower chamber.   The House deep-sixed a request from the governor last session for $20 million to pass out to economic development prospects.  Apparently, Gov. Pat is doubling down and trying again this session.  According to my Jones Street sources, this column by John Locke’s Becki Gray has plenty of tongues wagging and is causing plenty of folks to run like hell from HB 117.  In fact, it got cited by moderate legislator Rick Catlin (R-Wilmington) — who many thought would be a…

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Steve Forbes ON THE MONEY in re: gas tax

In Washington, we have REPUBLICANS seriously considering raising the federal gas tax.  In Raleigh, we’ve had Republicans actually push a  gas tax hike through the state Senate.  One of the brightest minds in finance, Steve Forbes, pokes all kinds of holes in the arguments of these tax-hikers in a recent issue of his name-sake magazine: IF YOU WANT TO KNOW what fuels Americans’ ire with our political class, just look at the hot new idea percolating in Washington and state capitals: Raise taxes on gasoline! Thanks to a stronger dollar and burgeoning oil inventories, gas prices have plummeted. The typical family may save…

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#ncga: GOPers pushing for a little less skin in the game for mortgage brokers

State Reps. John Bell (R) and Jonathan Jordan (R) have introduced some reforms for the mortgage industry that deserve some discussion and scrutiny. One of them does away with a requirement for an audited financial statement for licensed brokers. These people ARE working in a field that has a recent history of causing economic chaos and resulting in a massive taxpayer-funded bailout. It might be nice to have some insight into how financially healthy some of these people — and their businesses are.   An audited financial statement gives you a clue into how smart the brokers’ business decisions are….

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