Editorial: Tillis' 'transformed' North Carolina is rosy fantasy
Tuesday, Oct. 10, 2017 -- Sen. Thom Tillis' "analysis" in the Wall Street Journal was big on sweeping declarations and short on specifics. Who can blame him for painting over the details of reality with the broad brush of generalizations?
Posted — UpdatedSen. Thom Tillis so desperately wants to make North Carolina a red state he’s taken to wearing rose-tinted glasses.
Readers perusing the piece could be forgiven if they came away thinking the former state House speaker had paved the streets with gold, made public school teachers’ supply closets overflow with resources, given state workers big raises, ended waiting lines at the DMV, slashed costs for university students and made sure everyone had easy and affordable access to health care.
While Tillis claimed he held off hordes of special interest lobbyists seeking special tax breaks in his so-called tax reforms, the truth is he worked hand-in-hand with the business lobbyists to deliver a huge corporate tax cut that hasn’t stimulated the economy, nor led to further investment.
The Tillis “analysis” was big on sweeping declarations and short on specifics. Who can blame him for looking to paint over the details of reality with the broad brush of generalizations?
Let’s add a few facts to the senator’s grandiose conclusions and provide the kind of reality check that middle class North Carolinians know all too well.
“More than 350,000 jobs have been created, and the unemployment rate has been cut nearly in half,” says Tillis. Well, how many jobs were lost over that time? How many frustrated workers just gave up and left the workforce?
When comparing North Carolina’s pre-recession employment numbers with the numbers today, there’s a clearer picture: Employment growth hasn’t come close to keeping up with the state’s population growth.
North Carolina’s population has increased 11 percent over the last decade but the size of the prime-age workforce (ages 25-54) increased just 8 percent – suggesting that some people who should be in the workforce have dropped out, including many still in their prime who lost jobs in the recession and eventually gave up trying to find something else. And that’s not to mention the number of people who have been forced to take jobs at lower rates of pay or fewer hours than they desired.
That is slightly better than treading water, in our book.
What’s really going on with those Thom Tillis tax cuts?
What Tillis calls tax reform has really been a massive shift in who pays the cost of government and how they do it. In simple terms, the Tillis plan cut taxes on corporations and raised sales and use taxes on everyone else. In the last decade, sales tax collections have increased 40 percent while corporate income taxes have DROPPED 48 percent. The burden of paying the costs of government is being moved onto lower income taxpayers from higher income ones.
Tillis used overly broad strokes to paint his rosy and unrealistic picture of a “transformed” North Carolina. But when you take a closer look at the numbers that show the state’s economic performance, a different picture emerges.
Faith in trickle-down economics has left Tillis all wet and his rank-and-file constituents’ hopes for economic improvement high and dry.
While Tillis and his fellow leaders in the General Assembly have been busy taking care of the state’s comfortable big corporations – show horses – the middle and working class households of the state are left in their dust.
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