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Old 11-02-2016, 05:26 AM
 
Location: North Carolina
6,957 posts, read 8,493,779 times
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Quote:
Originally Posted by vulfpeck View Post
North Carolina personal income growth has beat the national average over the last year, putting us in the top 6 states for income growth!
vulpeck - Do let me know when North Carolina is not one of the top 6 states for income growth, but is one of the top 6 states in income. That'll be significant! A 3% increase when you're in the "bottom half of state income" means you're still in the "bottom half of state income".
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Old 11-02-2016, 12:26 PM
 
1,360 posts, read 1,007,924 times
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Quote:
Originally Posted by TheEmissary View Post
vulpeck - Do let me know when North Carolina is not one of the top 6 states for income growth, but is one of the top 6 states in income. That'll be significant! A 3% increase when you're in the "bottom half of state income" means you're still in the "bottom half of state income".


Adjusted for cost of living, our average household income is nowhere near the bottom


Of course it's going to take time for pro-growth economic policies to completely repair decades of Democratic failure. Have a little patience

Last edited by vulfpeck; 11-02-2016 at 12:45 PM..
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Old 11-02-2016, 12:41 PM
 
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Quote:
Originally Posted by vulfpeck View Post
Adjusted for cost of living, our average household income is nowhere near the bottom.


Looks like we are about in the bottom third:


Which States' Residents Have the Most Cash to Spend? -- The Motley Fool


Interesting enough, most of the northeast is ranked ahead of NC, despite the higher COL in that area.
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Old 11-02-2016, 12:52 PM
 
1,360 posts, read 1,007,924 times
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Quote:
Originally Posted by BC1960 View Post
Looks like we are about in the bottom third:


Which States' Residents Have the Most Cash to Spend? -- The Motley Fool


Interesting enough, most of the northeast is ranked ahead of NC, despite the higher COL in that area.
Of course data from 2012 would show our old ranking. Republicans were only in control for a year by that point. Looking at the adjusted purchasing power in that time period puts us just below the median. We're likely well above that by now with the strong growth rate we've had for 4 of the last 5 years
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Old 11-02-2016, 01:10 PM
 
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Quote:
Originally Posted by vulfpeck View Post
Of course data from 2012 would show our old ranking. Republicans were only in control for a year by that point. Looking at the adjusted purchasing power in that time period puts us just below the median. We're likely well above that by now with the strong growth rate we've had for 4 of the last 5 years
Maybe. Do you have any data to show that? The previous data you posted showed that income in NC grew by 4.1% in 2013-2015, versus 6.4% for the nation as a whole, so I would guess NC has actually fallen further behind.
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Old 11-02-2016, 01:56 PM
 
1,360 posts, read 1,007,924 times
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Quote:
Originally Posted by BC1960 View Post
Maybe. Do you have any data to show that? The previous data you posted showed that income in NC grew by 4.1% in 2013-2015, versus 6.4% for the nation as a whole, so I would guess NC has actually fallen further behind.
No, we're both just guessing at this point, but the economy has been growing gangbusters in NC since the legislature flipped. Unemployment was 11% in 2010, 9% in 2012 and is 4% now
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Old 11-02-2016, 01:58 PM
 
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Quote:
Originally Posted by vulfpeck View Post
No, we're both just guessing at this point, but the economy has been growing gangbusters in NC since the legislature flipped. Unemployment was 11% in 2010, 9% in 2012 and is 4% now
One of us is guessing. One of us is using actual data to make an educated guess.
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Old 11-02-2016, 02:06 PM
 
Location: Union County
6,151 posts, read 10,030,335 times
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Quote:
Originally Posted by vulfpeck View Post
Adjusted for cost of living, our average household income is nowhere near the bottom


Of course it's going to take time for pro-growth economic policies to completely repair decades of Democratic failure. Have a little patience
um, exactly what "pro-growth economic policies" from the current legislature are you referring to?

For those of us who live in reality, we see policies scaring employers and events away from the state.
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Old 11-02-2016, 02:15 PM
 
3,774 posts, read 8,197,915 times
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Originally Posted by MikeyKid View Post
um, exactly what "pro-growth economic policies" from the current legislature are you referring to?

For those of us who live in reality, we see policies scaring employers and events away from the state.
You're arguing with McCrory's press secretary. That's more pointless than arguing with me.
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Old 11-02-2016, 02:28 PM
 
Location: Union County
6,151 posts, read 10,030,335 times
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Quote:
Originally Posted by Native_Son View Post
You're arguing with McCrory's press secretary. That's more pointless than arguing with me.
LMAO

Honestly, when he wrote that I would guess he believes (likely in some alternate reality) that the legislature is "pro-growth" so I was hoping he could name ONE policy.... ONE! Something that would make anyone think they are "pro-growth".

I will hold my breathe waiting for his answer.
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