Tuesday 26 July 2016

The GOP's misguided approach to economic development

Far behind where we should be:

How bad is the economy in the rural areas of the state? Last year, of the 83,700 jobs added in North Carolina, 75 percent were in Raleigh and Charlotte. The projection for this year is that there will be 86,000 new jobs with 55 percent in Raleigh and Charlotte.

That’s not to suggest there isn’t any growth or entrepreneurial innovation in North Carolina. But often those efforts are met with hostility instead of support. A case in point is the state’s growing clean energy economy. Rather than support one of the fastest growing renewable energy sectors in the nation, Republican leaders build roadblocks and seek to impose added and unnecessary regulation – a rather ironic ploy given the anti-regulation mantra many are given to.

It is painfully ironic. It's one thing to cross your arms and refuse to support or celebrate the growth of Solar and wind energy. But to actively oppose these things stinks of intervention by the fossil fuel industry, making it obvious to anybody with half a brain Republicans don't really care about economic growth.


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