Uncategorized

Freyer: “Right-sizing” government downsizes economy across all regions in the state (video)

House Speaker Thom Tillis held his latest “dutch lunch” in Salisbury Tuesday, fielding more questions about tax cuts, budget cuts, and job creation.

The town hall appearance followed Friday’s release of the August unemployment data, showing North Carolina’s jobless rate had risen to 10.4 %.

N.C. Budget & Tax Center Policy Analyst Allan Freyer says those who want to better understand the current jobs deficit, need only look at the policies and decisions made in the budget.

A recent whole-budget analysis by the Budget & Tax Center (BTC) finds that the unbalanced approach to spending and tax cuts in this year’s state budget does little to help the private-sector economy.

Freyer says the BTC study finds that every region of North Carolina will have more money taken out of the local economy through spending cuts, than is put back in through tax cuts.

Once the state budget cuts take full effect in FY2012-13, the whole-budget impact will cost each region between 1,624 and 9,242 lost jobs, according to the report.

Freyer appears on News & Views this weekend to discuss how efforts to “right-size” state government are impacting the state’s overall economy. For a preview, click below:

Check Also

The Week’s Top Five on NC Policy Watch

1. The Right wages class warfare in Washington ...

Top Stories from NCPW

  • News
  • Commentary

A pivotal legislative task force may be just beginning its dive into North Carolina’s school funding [...]

The controversy over “Silent Sam,” the Confederate monument on UNC’s Chapel Hill campus, has been ra [...]

North Carolina tries to mine its swine and deal with a poop problem that keeps piling up A blanket o [...]

This story is part of "Peak Pig," an examination of the hog industry co-published with Env [...]

Republicans in Congress are rushing to advance a tax reform bill that balloons the federal deficit s [...]

The post Charitable donations and the GOP’s chopping block appeared first on NC Policy Watch. [...]

13---percentage of households in the U.S. that were food insecure on average from 2014-2016. Meaning [...]

Five years ago, the U.S. Department of Justice (DOJ) filed a jaw-dropping civil rights lawsuit again [...]

Spotlight on Journalism

We invite you to join a special celebration of investigative journalism! The evening will feature Mike Rezendes, a member of the Pulitzer Prize-winning Boston Globe Spotlight Team known for their coverage of the cover-up of sexual abuse in the Catholic Church.

Tickets available NOW!

Spotlight On Journalism

This event will benefit NC Policy Watch, a project of the North Carolina Justice Center. Sponsorship opportunities available now!

Featured | Special Projects

NC Budget 2017
The maze of the NC Budget is complex. Follow the stories to follow the money.
Read more


NC Redistricting 2017
New map, new districts, new lawmakers. Here’s what you need to know about gerrymandering in NC.
Read more