AP reports that the North Carolina Chamber of Commerce is worried that cuts in federal spending on transportation, schools, and health care will cost the state 34,000 jobs.
Funny that the chamber folks didn’t have anything bad to say about a state budget that made huge cuts in spending on transportation, schools, and health care. In fact, they supported it.
Apparently public investments are bad one day and good the next. Government spends too much and it spends too little. It cannot create jobs but it can create jobs. Got that?