Econ 101 Lesson Courtesy of the State of North Carolina

The state of North Carolina is projecting a $400 million surplus this year!

So much for the cries from the Left that tax cuts would leave our schools without teachers, our communities without police and fire protection, our children without food, our roads and bridges collapsing, and our universities closed.

Quick Econ 101 Lesson: 

• Tax cuts = more money in the pocket of producers.
• Producers use those dollars to (1) buy stuff, (2) invest, and/or (3) save. 

1. The stuff they buy must be produced by someone. That someone must be employed in order to create the stuff.
2. The dollars that are invested are put to work on something. That something requires the employed to execute and deliver it.
3. The saved dollars are loaned out by the financial institution whereby they are housed. Those loaned dollars spurs investment. See #2. 

Unlike our willfully negligent President and the national Democratic Party, the North Carolina governor and the state legislature decided they preferred a pro-business, pro-job growth agenda.

http://www.carolinajournal.com/exclusives/display_exclusive.html?id=12025