Opinion: The Campaigns May Actually Matter

John Hood

By JOHN HOOD

I’ve changed my mind about the 2012 campaigns for North Carolina governor. I now think they may actually matter.

Well, perhaps that’s not the best choice of words. The outcome of the governor’s race was always going to matter. If Pat McCrory wins, the likely result will be a unified Republican government in Raleigh for the first time since Reconstruction – and major initiatives in 2013 to rewrite the state’s tax code, restructure the state’s education system, and continue to reform the state’s regulatory process.

Opinion: Sorry to Ruin Your Day

By JOHN HOOD

John Hood

RALEIGH, N.C. — If during the past few years of fiscal instability, you consoled yourself with the fact that at least North Carolina’s pension fund for teachers and state employees was sound, I’m going to ruin your day.

 

Bond-rating agencies and regulators are about to change the system for evaluating state and local pension funds. Rather than use the average stock-market return to estimate the future returns of pension funds, they are going to use the average rate of return on bonds.

N.C. Bankers Association Business Barometer: Uncertainty Due to Paralysis in Washington Is Holding Back the Economy

by Harry M. Davis, Ph.D.

Uncertainty is the greatest impediment to economic growth facing this country. The business community is looking for leadership from our political leaders.  U.S. corporations continue to sit on over $2 trillion in cash, the highest level in 50 years.  They refuse to invest in plant and equipment and workers. Business leaders need answers to four very important questions. What are future tax rates, what additional regulatory burdens are coming, what are future health care costs, and how will the fall elections be decided?

Opinion: Remembering the meaning of Memorial Day

Frank Williams

by Frank Williams

This weekend we celebrate Memorial Day. Memorial Day is a time set aside to remember the men and women who lost their lives serving in our nation’s Armed Forces.

As the author of USMemorialDay.org states, “Traditional observance of Memorial Day has diminished over the years. Many Americans nowadays have forgotten the meaning and traditions of Memorial Day. At many cemeteries, the graves of the fallen are increasingly ignored, neglected. Most people no longer remember the proper flag etiquette for the day. While there are towns and cities that still hold Memorial Day parades, many have not held a parade in decades.”

Opinion: Senator Thom Goolsby Letter to the Editor

The Democratic National Convention is slated to come to Charlotte in September 2012, bringing upwards of 40,000 delegates, media representatives and visitors, with it.  This event will provide a much needed economic boost to our state.  As a member of the North Carolina Senate, I understand the struggles of our state’s small businesses and how this convention would help our 10.5% unemployment rate.

Opinion: A Carolinian’s Growth Agenda

January 6, 2012

By JOHN HOOD

John Hood



RALEIGH – The president was personally liked. But his policies were failing. After initial signs of improvement, the economy again began to sputter. Job creation was virtually nonexistent. Programs meant to stimulate “aggregate demand” had in reality funded wasteful and politically connected projects. Millions of Americans feared for the future.

Opinion: Of Politicians Otherwise Occupied

John Hood

by John  Hood

If you are a current or prospective Democratic politician in North Carolina, I would expect that right about now you are either congratulating yourself for staying away from the Occupy This or That movement – or nervously trying to figure out how to distance yourself from the movement after the fact.

Opinion: Welcome Sign for Job Creators

John Hood

by John Hood

In the liberal imagination, conservatives oppose excessive government taxes and regulations because of their unwarranted faith in the competence, nobility, and perfect knowledge of business executives.

As with so many other figments of the liberal imagination, this image may tell you something about liberals but not much about how conservatives think. In reality, conservatives oppose excessive government taxes and regulations because we know full well that many business executives are incompetent, ignoble, and ignorant – and that politicians and regulators, being fellow human beings, are equally likely to be incompetent, ignoble, and ignorant.

Opinion: Capitalism and Morality

by Daren Bakst

The “Occupymovement has brought about some recent discussion regarding the merits of capitalism, but its anti-capitalist arguments are nothing new. The protesters aren’t the first to characterize capitalism as a greedy and immoral economic system that benefits only the wealthy.

It’s an unfortunate reality that some Americans forget why capitalism isn’t just important to our economic well-being, but also to our freedom. Capitalism embodies and is an extension of the morals and values that exist in the Constitution and that still exist in our society today. There are many reasons why capitalism is moral. I’ll discuss three.

Opinion: Time to Test Tillis’s Idea

John Hood

by John Hood

When during a recent speech House Speaker Thom Tillis endorsed the idea of drug testing for North Carolina welfare recipients, he set off a raging controversy.

The Mecklenburg Republican’s most-controversial suggestion wasn’t really about welfare families, actually, but about state employees. In response to an audience question, Tillis opened the door to random drug testing for state employees. He should immediately close that door – the idea is likely to be neither cost-effective nor consistent with privacy concerns.

Opinion: Tax Change Would Harm Seniors

By the Wilmington-Cape Fear Home Builders Association

Policymakers who are considering whether to eliminate or cut the mortgage interest deduction to reduce the federal deficit should think twice before taking an action that would harm the nation’s 75 million home owners, including millions of seniors who no longer utilize the deduction but still depend on it to secure their future.

Opinion: Reflecting on 9/11 and my trip to New York City in October of 2001

by Frank Williams

This Sunday marks ten years since the tragic terrorist attacks of September 11, 2001.  Like you, I will never forget that day.

Below is an article I wrote on October 11, 2001, shortly after returning from a trip to New York City following the 9/11 attacks.  The article is entitled An Unimaginable Experience in New York City.  I hope you will take a few minutes to read it and join me in reflecting on 9/11 and the impact it has had on our nation.

Opinion: Small Businesses Stand Against Excessive Regulations

by Gregg Thompson

Small business owners in North Carolina – and throughout the United States – face thousands of federal regulations that have unintended economic consequences.  Compliance costs continue to rise for small business owners who must keep up with regulations trickling down from Washington.

Opinion: A Tax Increase on Millions of Home Owners

By the Wilmington-Cape Fear Home Builders Association

Policymakers looking to target the mortgage interest deduction in the name of tax reform should think twice before imposing a huge tax increase on millions of middle-class home owners that would sink the nascent housing and economic recovery.

Cutting the tax benefits associated with owning a home would send shockwaves throughout the economy. Eliminating or limiting the mortgage interest deduction would further depress home values, raise the tax rate for millions of working families, and reduce consumer spending and confidence.

Opinion: Undermining Aspiring and Current Home Owners

By the Wilmington-Cape Fear Home Builders Association

Discussions among Washington policymakers and pundits about whether the mortgage interest deduction should be sacrificed in the name of deficit reduction are irresponsible and undermining an already fragile housing market.

With mortgage interest rates near historic lows and housing affordability at or near record levels in many markets, now is the time that young families should be looking to enter the housing market. Yet, these policy talks alone are fueling uncertainty and standing in the way of a full-fledged housing recovery.

Opinion: In Search of Religious Liberty

John Hood

by John Hood

Before Thomas Jefferson died in 1826, he wrote his own epitaph. Did he mention any of his political offices? No. Jefferson wanted only three accomplishments listed on his gravestone: author of the Declaration of Independence, founder of the University of Virginia, and author of the Virginia Statute for Religious Freedom.

Opinion: Taxes Aren’t the Problem

John Hood

by John Hood

If you want to understand why the fiscal politics of Raleigh and Washington got so heated this summer, you have two choices.

One is to delve deeply into the details of each Democratic and Republican proposal to balance government budgets. I’m certainly not going to dissuade you from doing that. For North Carolina’s budget, the John Locke Foundation (johnlocke.org) can offer you some handy shovels to dig through state government’s major programs and revenue sources.

Opinion: A Rematch, Not a Replay

John Hood

by John Hood

While there are many unanswered questions about the 2012 election cycle – about the economy, the Republican presidential nomination, and the contours of North Carolina’s electoral map, for example – no mystery remains about the state’s gubernatorial election. It will be a rematch between Democrat Beverly Perdue and Republican Pat McCrory.

Their 2008 contest was one of the closest in state history. Perdue, then lieutenant governor, narrowly defeated the outgoing Charlotte mayor, in part because of an Obama surge that benefitted Democratic candidates all the way down the ballot.

Opinion: South Carolina Does It Better

John Hood

by John Hood

Have you ever been to a state park in South Carolina?

I have. As a history buff, I’ve visited several of the Palmetto State’s excellent historic sites, such as Andrew Jackson State Park and Kings Mountain State Park. I’ve also relaxed or recreated at several South Carolina parks during trips to Myrtle Beach, where I have family, and Charleston, one of my favorite towns.

Opinion: New Communications Law Will Protect Taxpayer, Help Economy

by Wayne King

In early May, Republican majorities in the North Carolina Senate and House of Representatives passed House Bill 129, legislation to level the playing field between publicly- and privately-owned communications networks. HB 129 will have two long-lasting positive effects on our state: it will make it a more attractive place for businesses to move and invest, resulting in new jobs and higher economic growth, and it will force local governments to prioritize funding for public networks, which will eventually save taxpayers millions of dollars.

Column: Remembering the meaning of Independence Day

Frank Williams

by Frank Williams

This weekend and on Monday we will once again celebrate the birth of the greatest free society this world has ever known:  the United States of America.  Every day, we in America enjoy a level of freedom that is unprecedented in human history.  I pray that we never take our freedom for granted.

We call July 4 our “Independence Day.”  With that in mind, we should consider what exactly our forefathers fought and died to gain independence from.

Guest Column: School Choice Wins Big in 2011

John Hood

by John Hood

If someone asked me to describe the single-biggest result of conservative electoral gains in North Carolina over the past two years, my answer would consist of two words: school choice.

Now, I admit that that the most significant legislative achievement of the new General Assembly was the passage of a 2011-13 budget without imposing or extending any tax hikes. It was a bipartisan vote, large enough to override Gov. Bev Perdue’s veto. It will save North Carolina taxpayers hundreds of millions of dollars a year and create thousands of new jobs.

Opinion: Perdue Makes a Bad Bet

John Hood

by John Hood

When Gov. Beverly Perdue issued her veto of the North Carolina legislature’s budget plan for next year, she must have known that a bipartisan legislative majority would vote to override it.

So why did the governor do it? The truth is that Perdue did it for political reasons – not that there’s anything wrong with that.

Opinion: Three Visions of Public Education

John Hood

by John Hood

Because education is by far the most expensive and extensive service provided by state and local government, disagreements about education policy will always play a leading role in North Carolina politics.

In the budget debate in Raleigh, for example, most of the charges and countercharges involve education policy. Democrats say Republicans are cutting school funding too much. Republicans say Democrats didn’t spend education dollars efficiently when they were in charge. Separate measures to change school governance, reform testing, expand charter schools, and provide tuition tax credits have all provoked controversy among lawmakers and the general public, as well.

Opinion: Will Perdue Blow the House Down?

John Hood

by John Hood

After Republican House and Senate leaders announced a state budget deal May 31, Gov. Beverly Perdue again began to huff and puff about what she saw as numerous flaws with the measure, which reorganizes state government, cuts taxes, limits regulation, and authorizes $19.7 billion for next year’s General Fund.

Opinion: Ask the $8,700 Question on Schools

John Hood

by John Hood

It was a dark time in the history of North Carolina education.

Grossly underfunded public schools struggled just to keep the doors open. Tens of thousands of teachers lost their jobs, while tens of thousands of neglected students simply wandered out of their schools to form the core of a new socio-educational underclass. Ignorance bred unemployment, civil unrest, and widespread book-burnings – although perhaps North Carolinians were just trying to keep warm by burning discarded textbooks.

Opinion: Are You Smarter Than a 5th Grader?

John Hood

by John Hood

Are you smarter than a 5th grader? Not if you believe Gov. Beverly Perdue’s claim that the budget plan just passed by the North Carolina House would result in a mass layoff of 30,000 government employees.

You see, by 5th grade most students have mastered basic reading and math. As such, they would not have committed the egregious errors that led the governor and her staff to embarrass themselves with such a ridiculous claim. Instead, they would have readily discerned the critical differences between positions lost and people laid off (reading) and between gross and net (math).

Opinion: Just Gimme Some Money

John Hood

by John Hood

As the North Carolina General Assembly pursues action on annexation, the state budget, charter schools, and other topics, it may look like lawmakers are all over the map.

In reality, these issues are linked together, much like communities separated by hundreds of miles can nevertheless be connected together by geographical features such as river basins or water tables.