Budget, Taxation & Economy
At the state legislature, Locke advocates for limiting the expenditure of tax dollars and strictly limiting its tax burdens on families and businesses.
Inflation Climbs to 9.1%, a Four-Decade High
Consumer prices increased 1.3% on a seasonally adjusted basis in June, according to the latest data released by the Bureau of Labor Statistics. The annualized rate is now 9.1% before seasonal adjustment,…
Most Corporate Welfare in NC Goes to the Wealthiest Counties
Economic development incentives divert taxpayer money to politically favored companies at the expense of the rest of the state. These programs themselves do not create jobs and are a minor…
Progressives’ War on the Working Class
The elitist progressives can't hide their disdain for the working people of North Carolina.
Three-quarters of PPP Benefits Went to Unintended Recipients
In response to the Covid shutdown recession, the Small Business Administration and Department of the Treasury rolled out the Paycheck Protection Program (PPP). PPP distributed $800 billion within two years with the…
Coalition Seeks Alternative for Transportation Revenue in North Carolina
A 17-state coalition seeking out gas tax alternatives is looking for volunteers in North Carolina to test mileage-based user fees (MBUF). In response to increased usage of fuel efficient and…
Where Government Bureaucracy Goes, Administrative Bloat Follows
Three charts show how bad administrative bloat gets when government bureaucracy takes over.
North Carolina Unemployment Rates Up in All Fifteen Metropolitan Areas
Eighty-nine of North Carolina’s one hundred counties experienced an increase in unemployment last month, according to the latest release from the North Carolina Department of Commerce. Only six counties saw a decrease…
Six Items to Consider in North Carolina’s Latest Budget Proposal
Republican budget writers released their conference budget adjustments for the new fiscal year on Tuesday, circumventing the traditional appropriations process. The budget proposal would increase bottom-line spending, add to the…
No Such Thing as “Wage Push” Inflation
If all wages, the cost of production, and prices are going up, i.e., if there is inflation, where does the money come from?
Bidenflation Threatens to Tear Down Main Street
The unlegislated tax of inflation plagues small businesses with higher costs, threatens to reverse recovery, and stifles optimism. Unlike an Apple or a Walmart, the average small business cannot draw…
How Not to Lower Gas Prices
Basic Econ 101 tells us: to lower the price of a good, all else being equal, either the demand for the good needs to fall, or the supply of it…
Household Debt on the Rise, Washington Sees Puppies and Rainbows
As inflation continues to steam ahead, more consumers are turning to debt to stay afloat. Whether this is out of necessity or fiscal missteps, the fact remains: dollars are not…