Subcommittees were still scheduled to meet when the top Republican budget chairs in the N.C. House and Senate filed bills Tuesday that was loaded with surprises and also expectations. House Bill 584 and Senate Bill 500 has the short title “The Governor’s Budget.” The longer titles says the bill is a base budget for state operations “and other purposes.” (more…)
Posts Tagged ‘Democrat’
HOW’RE YA GONNA KEEP’EM DOWN ON THE FARM
Tuesday, April 5th, 2011MOVING THE NEEDLE IS TOUGH
Thursday, March 24th, 2011Brent Lane, director of the UNC Center for Competitive Economies, is a straight-talking, no-nonsense personality and this week he minced no words with Legislators in an appropriations meeting for Natural and Economic Resources. North Carolina, he said, is in the doldrums and dropping further down each day. His statistics were disconcerting.
Wages are down in all areas except arts and entertainment and agriculture when compared to U.S. averages. Financial sector salaries are down by 23 percent and even healthcare personnel in N.C. are earning less. In only three counties in the state are workers earnings matching the U.S. average. Since 2008, our wages have fallen from 92.8 percent of U.S. per capita income to 87 percent. If our trend continues, we will be earning 79 percent of national income average in 2014 which is where we were in 1969.
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