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The N.C. Budget and Tax Center released a special report this morning that finds North Carolina’s economic development incentive programs could be made more effective through strategic public investments.

Due to high unemployment and a sluggish economic recovery, state leaders have lately been scrutinizing the effectiveness of the state’s economic development incentive programs in generating employment growth. These programs offer cash assistance to individual firms to induce investment and job creation in North Carolina.

The BTC report (“Mediated Incentives: Making North Carolina’s Economic Development Incentive Programs Work Better through Strategic Investments”) finds that the state’s incentive programs could be more effective at job creation if these subsidies were attached to strategic public investments in targeted, growing sectors of the state’s economy through a process called “mediation.” Read More

Don’t miss our upcoming Crucial Conversation lunches on two important aspects of the 2012 economy…

Event # 1 – Business incentives: Where they work and where they don’t

Join us as Prof. Bill Lester of the Department of City and Regional Planning at UNC Chapel Hill unveils an important new study entitled “Mediating Incentives.” According to Lester, there are circumstances in which incentives can work – if we’re smart about where, when and how we pursue them.

When: Thursday September 20 – Box lunches will be available at 11:45 a.m. and the program will start at 12:00 noon

Click here to register for this event and get more information.

Event # 2 - A talk by Kim Bobo, Founder and Director of the national advocacy organization, Interfaith Worker Justice: How wage theft is undermining the rights of working people Read More

There’s still time to RSVP for two upcoming Crucial Conversation luncheons — don’t miss the chance to hear from a pair of extremely knowledgeable speakers on two very important subjects.

 Event # 1 – Business incentives: Where they work and where they don’t

Join us as Prof. Bill Lester of the Department of City and Regional Planning at UNC Chapel Hill unveils an important new study entitled “Mediating Incentives.” According to Lester, there are circumstances in which incentives can work – if we’re smart about where, when and how we pursue them.

When: Thursday September 20 – Box lunches will be available at 11:45 a.m. and the program will start at 12:00 noon

Click here to register for this event and get more information.

Event # 2 -  A talk by Kim Bobo, Founder and Director of the national advocacy organization, Interfaith Worker Justice: How wage theft is undermining the rights of working people  Read More

No single issue is more “front and center” in the modern political debate than the state of our economy. Among other things, North Carolinians want to know:

What, if anything, can policymakers do to stimulate growth and create jobs?

How can we assure that the price of economic growth does not involve worker exploitation?

To help address these critical questions, NC Policy Watch will hold a pair of special Crucial Conversation luncheons on back-to-back Thursdays in the month of September. Please RSVP and spread the word about these important events: Read More

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Everyone knows this is a time in which jobs are at a premium and in which politicians and developers are happy to welcome just about any new business to their communities.

But, isn’t somebody going to mention the fact that Charlotte’s new big, new soon-to-be resident, Chiquita Brands International (aka United Fruit), is a corporation with a well-earned reputation as one of the most notorious and rapacious corporate exploiters in modern history?

Add to this the fact that to land the company, state and local officials had to ply it with public funds and lure it away from another American ”Queen City” in need of jobs and it’s enough to make the whole thing feel extremely dirty and distasteful.

Maybe “Chiquita” has mended some of its ways since the days in which its bosses were treating entire nations as play things, but if its most recently displayed willingness to extort public funds is any indication, it still has a long way to go.