The Republican plan to generate economic growth in two sentences | Citizen
Citizen
INDY Week columnist Bob Geary's Raleigh news & politics blog

Archives | RSS

Friday, August 5, 2011

The Republican plan to generate economic growth in two sentences

Posted by on Fri, Aug 5, 2011 at 3:08 PM

broker rating
  • www.usajobs.opm.gov

No. 1: Especially in a recession, we don't need government jobs — cut 'em.*


No. 2: Instead of paying a lot of government bureaucrats, save money by privatizing public functions — the way Stephen LaRoque does it.**


Your footnotes:

No. 1 —

* Data for the public sector again reflected the ongoing state and local budget problems, with state government employment losing 23,000 jobs and local government employment dropping by 16,000. According to the Commissioner’s Statement, the state government decline was due almost entirely to the partial government shutdown in Minnesota. But even excluding these losses, state and local governments have shed over half a million jobs since their peak in August 2008.

The private sector added 154,000 jobs in July. Of these gains, 112,000 were in private service-providing industries and 42,000 were in goods-producing industries. Manufacturing gained 24,000 jobs, after adding an average of 15,000 over the prior three months. Of manufacturing’s gains, 12,000 were in motor vehicles and parts, some of which may be due to seasonal-adjustment factors related to plant shut downs for retooling. Construction grew by 8,000 in July, after adding an average of 1,000 over the prior three months.

analysis by the Economic Policy Institute

No. 2 —

** But LaRoque, who returned in January to the N.C. General Assembly after a four-year hiatus, takes aim at government waste while quietly accepting generous six-figure paychecks for running two public charities funded with $8 million in federal dollars since 1997.

He’s earned up to $195,000 a year heading the two small economic development organizations—the East Carolina Development Company and Piedmont Development Company—and used the non-profits to loan some of the public funds to his close associates and political allies. Past board members say they were kept in the dark about his pay.

— by Sarah Ovaska, N.C. Policy Watch

Tags:

Pin It

Comments

Subscribe to this thread:

Add a comment

INDY Week publishes all kinds of comments, but we don't publish everything.

  • Comments that are not contributing to the conversation will be removed.
  • Comments that include ad hominem attacks will also be removed.
  • Please do not copy and paste the full text of a press release.

Permitted HTML:
  • To create paragraphs in your comment, type <p> at the start of a paragraph and </p> at the end of each paragraph.
  • To create bold text, type <b>bolded text</b> (please note the closing tag, </b>).
  • To create italicized text, type <i>italicized text</i> (please note the closing tag, </i>).
  • Proper web addresses will automatically become links.

Latest in Citizen



Twitter Activity

Most Recent Comments

Trying to make some sense of the TPP. All you need to know it´s that while we are busy with …

by jsanchez on Fast-track trade for the TPP: David Price says — No. (With an *) Plus, an afternoon update … (Citizen)

If you or someone you know was forced out of the poker/sweepstakes business or lost their job, because this dirty …

by Constitution for games on Sweepstakes gambling on the way out in NC? (Citizen)

To those think it is addictive and a problem are the ones sounds like had the problems and not winning. …

by nickie on Sweepstakes gambling on the way out in NC? (Citizen)

You know...to those who dislike the gaming rooms..whether you have played in one or not...it is your chose to play …

by ThisWorld on Sweepstakes gambling on the way out in NC? (Citizen)

Of course you can't give airtime to fringe conspiracy theorists, flat earthers, etc! People who can take a voluntary blessing …

by Michael Czeiszperger on In Raleigh: Hitler used ovens, Obama will use hospice to kill people like me. (Citizen)

Comments

Trying to make some sense of the TPP. All you need to know it´s that while we are busy with …

by jsanchez on Fast-track trade for the TPP: David Price says — No. (With an *) Plus, an afternoon update … (Citizen)

If you or someone you know was forced out of the poker/sweepstakes business or lost their job, because this dirty …

by Constitution for games on Sweepstakes gambling on the way out in NC? (Citizen)

Most Read

No recently-read stories.

Visit the archives…

© 2016 Indy Week • 201 W. Main St., Suite 101, Durham, NC 27701 • phone 919-286-1972 • fax 919-286-4274
RSS Feeds | Powered by Foundation