State of North Carolina Archives: on Corporations

Pat McCrory: NC Competes: promote long-term job growth in global market

Our plan, "NC Competes," will promote long-term sustainable job growth and capital investment. It will encourage mid and large scale manufacturing, because manufacturing is part of our DNA. It will leverage our university research advantage to attract venture capital and a new generation of entrepreneurs, as well as help retain North Carolina's home-grown talent. This plan is based on a series of guiding principles--principles designed to grow North Carolina while protecting our taxpayers. NC Competes recognizes the importance of economic strength in all regions but emphasizes support to areas of high unemployment. NC Competes will require strong financial safeguards to provide a positive return to state revenues.

David Rouzer: Let businesses effectively compete in global economy

We must:
• Reform our federal tax code so that it is fair to everyone and reduce taxes across the board.
• Cut spending and reform our government to operate on less--just like every business and family has been forced to do.
• Bring common sense back to our federal regulatory structure so that small businesses and entrepreneurs can get their products and services to the marketplace and effectively compete in the global economy.
• Repeal ObamaCare and replace it with market-driven solutions to encourage competition and increase transparency and thereby reduce costs and enable more to be able to afford health insurance.

Pat McCrory: Eliminate cumbersome and duplicative regulations

Elaine Marshall: When capitalism takes over, we get economic collapse

Marshall pointed to stronger regulation, saying the mentality on Capitol Hill has been that Wall Street will heal itself and that market forces will take care of things. She said that regulators need more funding, and that businesses have had too cozy of a relationship with the government officials that oversee them. "We've seen what happens when capitalism takes over," said Marshall, a regulator herself as NC's secretary of state.

Burr said government shouldn't be playing a bigger role with a stronger hand but should focus on regulating the products that were overlooked--such as the complex derivatives blamed in the nation's economic collapse--and to make sure the existing regulators are doing their jobs.