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North Carolina budget director says HB2 is not affecting state's overall economy

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XiaNaphryz

LATIN, MATRIPEDICABUS, DO YOU SPEAK IT
http://www.charlotteobserver.com/news/politics-government/article95757872.html

Heath, who was appointed by Gov. Pat McCrory, described opponents of the law as “folks who like to say the sky is falling because a sporting event is moved out of state.”

The sporting event is the NBA All-Star Game, which recently announced it won’t come to Charlotte in 2017 because it views the law as discriminatory toward LGBT people. Tourism experts had estimated the game could have had as much as $100 million in economic impact in the Charlotte area, with tens of thousands of visitors spending money at hotels and restaurants.

PayPal also dropped its plans to add 400 jobs in Charlotte because of its opposition to HB2.

But Heath said those losses aren’t big enough to affect the state’s overall economic growth, in part because North Carolina ranks as the 23rd largest economy in the world. He compared the NBA’s departure to the impact of a canceled soccer game on the economies of Poland and Austria.

“Some of the impact of some of that controversial legislation that you hear about is not borne out by the numbers,” he said.

Heath says the state’s economy has added 300,000 new jobs since 2014. Even with additional corporate and personal income tax cuts set to take effect in January, the budget office is forecasting a 3.9 percent increase in state revenue for the current fiscal year.


“It’s projected to be moderate,” he said. “It is continued growth, and that shouldn’t be taken for granted. I don’t know that other states will be faring quite as well.”
 

dark_chris

Member
Essentially saying, "Our law that's full of hate and bigotry isn't enough to affect our economy."
Fuck this guy
 

Kusagari

Member
Unless he's arguing that the growth he touts came from HB2, they still tossed away 100 million in economic surplus and 400 new jobs for a law that only promotes bigotry.
 
what does a canceled soccer game in Austria even mean? We have multiple leagues here and even had some games closed off from spectators because of fans rioting and it's usually a big deal.
Heck when we hosted half of the EM tourism quadrupled.
 
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