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Did politicians learn their lesson from the Great Recession? It’s a question I pose in my latest piece at RealClearPolicy.
Published: Wednesday, April 12th, 2023 @ 10:48 pm
By: John Locke Foundation
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New worries as home values plunge in a decrease that hasn’t been seen since the Great Recession
Published: Saturday, March 11th, 2023 @ 8:40 am
By: John Locke Foundation
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More Americans say they are “suffering” economically in 2022 than in 2008, according to a new survey.
Published: Saturday, September 3rd, 2022 @ 9:29 pm
By: Daily Wire
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The GDP (Gross Domestic Product) numbers were released today and it turns out we're in a recession.
Published: Tuesday, August 2nd, 2022 @ 11:40 am
By: Babylon Bee
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Ashworth’s Clothing in Fuquay-Varina opened in 1937. It survived through some trying times, such as World War II, the Vietnam War, and the Great Recession.
Published: Friday, February 4th, 2022 @ 11:27 pm
By: Carolina Journal
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In late March, I wrote about how North Carolina state government is likely better financially prepared than most states for the coronavirus shutdown, and certainly more prepared than it was prior to the Great Recession.
Published: Wednesday, May 13th, 2020 @ 8:48 am
By: Civitas Insitute
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Los Angeles Mayor Eric Garcetti (D-CA) announced Sunday that the economic consequences of the coronavirus outbreak and association shutdown will have a greater negative effect on the city than the Great Recession of 2008.
Published: Wednesday, April 22nd, 2020 @ 9:53 am
By: Daily Wire
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Jay Heflin writes for the Washington Examiner about one economic impact of the COVID-19 pandemic.
Published: Friday, April 17th, 2020 @ 3:09 am
By: John Locke Foundation
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North Carolina’s unemployment rate has dropped from the 10.9 percent 2010 high we experienced following The Great Recession to 4.0 percent in October. But that’s not uniform across the state.
Published: Friday, December 13th, 2019 @ 7:46 pm
By: Tom Campbell
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North Carolina appropriates less taxpayer money to state colleges and universities in real terms than it did before the onset of the Great Recession.
Published: Wednesday, May 29th, 2019 @ 4:56 pm
By: Carolina Journal
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What do you remember about the Stimulus Package?
Published: Saturday, April 29th, 2017 @ 2:57 pm
By: Alex J. Ortolano
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In North Carolina, Republican candidates for the General Assembly and statewide offices have been told that their policies are to blame for the fact that fewer high school graduates pursue teaching careers
Published: Friday, October 21st, 2016 @ 2:51 am
By: John Locke Foundation
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The Great Recession has led to greater scrutiny and tighter budgets across much of higher education. One area however that fails to reflect these trends is spending on college athletics
Published: Wednesday, October 12th, 2016 @ 4:34 pm
By: Civitas Insitute
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This latest attack on North Carolina values is being coordinated by the same people who manage the New York City pension fund that is on the verge of an "operational failure..."
Published: Tuesday, September 27th, 2016 @ 7:31 pm
By: McCrory Communications
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The writer of Ecclesiastes says, "For everything there is a season and a time for every matter under heaven." During hard times we recognize the need to hunker down and reduce spending.
Published: Saturday, April 30th, 2016 @ 10:07 am
By: Tom Campbell
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It's no secret that America's economy hasn't been growing as quickly as anyone would like since the official end of the Great Recession
Published: Monday, April 4th, 2016 @ 3:47 am
By: John Locke Foundation
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Is unemployment ever voluntary? I don't ask the question in order to blame unemployed people for their fate. On the contrary, understanding the full range of causes of unemployment is required before policymakers can effectively combat it.
Published: Wednesday, January 20th, 2016 @ 2:51 pm
By: John Locke Foundation
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History tells us that we are overdue for an economic recession.
Published: Thursday, January 7th, 2016 @ 4:30 am
By: John Locke Foundation
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In 2013, North Carolina's unemployment insurance (UI) program was in terrible shape. Like most states, North Carolina borrowed funds from the federal government to cover increased unemployment benefits during the great recession. The Tar Heel State owed Washington $2.75 billion. As a result, the sta
Published: Thursday, October 15th, 2015 @ 4:12 am
By: Civitas Insitute
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Two of the most prominent liberals in the Senate have joined forces to take on the big banks as Sen. Bernie Sanders (I-VT) has announced that he is teaming up with Sen. Elizabeth Warren (D-MA) to co-sponsor her bill that would reinstate the Glass-Steagall Act.
Published: Tuesday, August 25th, 2015 @ 6:51 am
By: Gene Scarborough
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Until recently, I was a college "bubble hawk." I saw significant parallels between the housing bubble that triggered the Great Recession and higher education. I believed that the combination of easy student loan money, rapidly increasing tuition, "creative disruption" caused by education...
Published: Friday, May 29th, 2015 @ 9:43 pm
By: John William Pope Center
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Because of tough decisions made by the General Assembly and Gov. Pat McCrory, North Carolina's payroll tax is expected to drop by about $280 million in 2016 and as much as $550 million by 2017. What you think about this sequence of events says a lot about your political philosophy and your...
Published: Friday, May 8th, 2015 @ 11:34 am
By: John Locke Foundation
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According to most economic indicators, North Carolina's economy is on the upswing. Job growth exceeds the regional and national averages. The state's recent decline in unemployment - even when you include discouraged workers who've dropped out of the labor force - is one of the largest in the...
Published: Monday, April 6th, 2015 @ 9:50 pm
By: John Locke Foundation
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If the recent review of campus-based centers by the University of North Carolina Board of Governors was all an elaborate ruse to silence a critic of state Republicans, it would probably qualify as the most improbable, elaborate, and ineffective conspiracy in North Carolina history.
Published: Wednesday, February 25th, 2015 @ 11:42 am
By: John Locke Foundation
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A new report from the Center for American Progress claims that the "Great Recession" devastated public university investments nationwide. Specifically, it says that over a five-year period, tuition has skyrocketed, states have withdrawn public investment, and low-income families have been pushed...
Published: Sunday, January 11th, 2015 @ 11:25 am
By: John Locke Foundation
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As the state prepares for the start of a new year, new laws are slated to take effect in North Carolina on January 1, 2015.
Published: Friday, January 2nd, 2015 @ 8:40 am
By: Stan Deatherage
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The U.S. economy continues to recover from the depths of the Great Recession, and North Carolina continues to recover at a faster rate than the national average. But few would describe the general trend as impressive by historical standards
Published: Thursday, December 18th, 2014 @ 12:02 am
By: John Locke Foundation
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A new report from the Center for American Progress alleges that the "Great Recession" that began in 2008 devastated public university investments nationwide.
Published: Wednesday, November 26th, 2014 @ 4:24 am
By: John William Pope Center
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Governor Pat McCrory issued the following statement after North Carolina's unemployment rate fell to 6.3 percent. That represents a 1.2 point drop from October 2013 and is 2.5 points lower than January 2013 when the governor entered office.
Published: Tuesday, November 25th, 2014 @ 10:33 am
By: Stan Deatherage
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You may have missed the media hoopla (ha!), but between FY 2010-11 and FY 2014-15, state appropriations for the K-12 education budget grew by more than $1 billion in nominal dollars.
Published: Tuesday, August 19th, 2014 @ 10:17 am
By: John Locke Foundation
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During the Great Recession and its aftermath, few issues in North Carolina politics have been as contentious as fiscal policy. According to a literature survey of recent studies examining the relationship between public policy and economic performance at the state and local level, it is clear...
Published: Sunday, May 18th, 2014 @ 4:20 pm
By: John Locke Foundation
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Newly revised employment data show that 2013 was the strongest year for job growth in North Carolina since the Great Recession. Those numbers contradict liberal arguments about the impact of policies adopted by the conservative-led General Assembly, according to new analysis from the...
Published: Friday, March 21st, 2014 @ 2:15 am
By: John Locke Foundation
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Newly released employment data show signs of growing strength in the North Carolina economy, with the second-highest reported annual increase in new jobs in the state since the onset of the Great Recession. That's the assessment of John Locke Foundation President John Hood.
Published: Friday, January 31st, 2014 @ 7:42 am
By: John Locke Foundation
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Since the onset of the Great Recession in 2007, many American households and businesses have substantially reduced their indebtedness. That was a rational decision. A key cause of the boom that led to the bust was excessive leverage, itself a product of the Federal Reserve Board's easy-money..
Published: Tuesday, January 28th, 2014 @ 1:59 pm
By: John Locke Foundation
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North Carolina state government spending has grown "significantly" in recent decades, though much of that growth has been hidden beneath headlines that focus on the state's General Fund. That's a key finding from a new John Locke Foundation Spotlight report.
Published: Friday, November 22nd, 2013 @ 9:55 pm
By: John Locke Foundation
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After the 2010 elections put North Carolina's legislature in the hands of Republicans for the first time in more than a century, state policy began a turn to the Right - that much is indisputable.
Published: Thursday, October 24th, 2013 @ 12:00 am
By: John Locke Foundation
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Most North Carolinians are painfully aware of how grim the ongoing recession has been for our state. However, few know about our oppressive Third World debt owed to the federal government for money borrowed to pay benefits to unemployed workers.
Published: Sunday, September 22nd, 2013 @ 11:55 pm
By: Thom Goolsby
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To the surprise of industry observers, the U.S. Department of Justice in August filed to lawsuit to block the pending merger of US Airways and American Airlines. Contrary to much howling in the press and from the companies, unions, and communities involved, the DOJ's action was far from...
Published: Sunday, September 22nd, 2013 @ 3:56 pm
By: John Locke Foundation
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When the July jobs report for North Carolina came out last week, showing an uptick in the unemployment rate, all the usual suspects said all the usual things.
Published: Monday, August 26th, 2013 @ 11:10 pm
By: John Locke Foundation
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Since Barack Obama took office in 2009 promising to end and reverse the effects of the Great Recession, Republican politicians and conservative critics have relentlessly pointed out how weak the economic recovery has been by historical standards. One popular rhetorical tactic has been to use a...
Published: Monday, July 15th, 2013 @ 7:26 pm
By: John Locke Foundation
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