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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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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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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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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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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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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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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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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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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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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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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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High taxes have stifled North Carolina's economic growth for decades. The Tar Heel State has the highest taxes in the Southeast and ranks 44th as the worst state in the country for business, according to the Tax Foundation.
Published: Monday, July 15th, 2013 @ 7:22 pm
By: Thom Goolsby
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Has North Carolina's economy turned the corner? It depends on how you define "turn the corner." And it depends on what measure you choose.
Published: Tuesday, March 5th, 2013 @ 8:09 am
By: John Locke Foundation
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The Great Recession offered new ammunition to those attacking the American system of free enterprise, while defenders of that system have spent recent years refining their arguments.
Published: Friday, December 21st, 2012 @ 12:48 pm
By: John Locke Foundation
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Randal O'Toole is an observant fellow. A senior fellow at the Cato Institute and longtime analyst of state and local growth management, O'Toole took a close look at the Great Recession and its antecedent, the Great Housing Bubble, and saw something that few others did.
Published: Tuesday, October 30th, 2012 @ 1:46 pm
By: John Locke Foundation
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The two candidates for governor have spent lots of energy and money debating whether North Carolina has lost our mojo, pointing out who is to blame. With days remaining before the November 6 elections it's time to debunk the rhetoric.
Published: Saturday, September 22nd, 2012 @ 9:37 pm
By: Tom Campbell
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Since the onset of the Great Recession, federal legislators have rapidly expanded debt-financed aid-to-state programs.
Published: Monday, August 27th, 2012 @ 5:12 pm
By: John Locke Foundation
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Over the past three fiscal years, the University of North Carolina system has received hundreds of millions of dollars less in state tax dollars than it sought, as legislators of both parties struggled to close the fiscal gaps triggered by the Great Recession.
Published: Friday, July 13th, 2012 @ 7:06 pm
By: John Locke Foundation
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Does that sound like federal policies of the last decade that in large part gave rise to the housing bubble, the bursting of which prompted our economy to spiral into the "Great Recession"?
Published: Tuesday, June 12th, 2012 @ 5:04 pm
By: Civitas Insitute
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North Carolina owes the federal government $2.8 billion the state borrowed to pay unemployment benefits since the depths of the Great Recession.
Published: Saturday, April 14th, 2012 @ 1:12 am
By: John Locke Foundation
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To understand what I'm about to say requires you to either accept that this nation, state and county are in serious financial trouble.
Published: Friday, May 6th, 2011 @ 12:09 pm
By: Beaufort Observer Editorial Team
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