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Jay Heflin writes for the Washington Examiner about one economic impact of the COVID-19 pandemic.
 
What do you remember about the Stimulus Package?
What do you remember about the Stimulus Package?
 
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
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
 
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..."
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..."
 
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.
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.
 
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.
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.
 
History tells us that we are overdue for an economic recession.
 
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.
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.
 
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...
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...
 
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...
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...
 
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.
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.
 
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.
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.
 
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
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
 
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.
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.
 
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.
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.
 
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...
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...
 
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.
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.
 
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..
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..
 
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.
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.
 
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.
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.
 
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.
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.
 
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...
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...
 
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.
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.
 
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...
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...
 
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.
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.
 
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.
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.
 
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.
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.
 
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.
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.
 
Since the onset of the Great Recession, federal legislators have rapidly expanded debt-financed aid-to-state programs.
Since the onset of the Great Recession, federal legislators have rapidly expanded debt-financed aid-to-state programs.
 
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.
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.
 
A few days ago I wrote that the state spending plan just approved by the North Carolina General Assembly was the right and responsible thing to do given current fiscal and economic realities.
A few days ago I wrote that the state spending plan just approved by the North Carolina General Assembly was the right and responsible thing to do given current fiscal and economic realities.
 
To understand what I'm about to say requires you to either accept that this nation, state and county are in serious financial trouble.
To understand what I'm about to say requires you to either accept that this nation, state and county are in serious financial trouble.
 
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