Report: Bond would spur job growth
A report by the liberal-leaning Budget and Tax Center finds that the $2 billion Connect NC bond would spur short-term job growth.
Posted — Updatedengineering, transportation, and manufacturing. Even more broadly, all of the new employment will boost consumer demand, producing job gains in sectors like food service and retail trade."
McHugh also cautions that the bond is something of a down payment, and it will take "long-term funding commitments" to fully realize the envisioned benefits.
"An engineering building without equipment or engineers won’t make North Carolina more competitive. Zoo exhibits with no animals won’t enlighten our children, and public safety training facilities won’t do much good if we don’t hire new officers," he writes "As such, capturing the economic benefits of the Connect NC Bond will hinge on whether state leaders allocate adequate funding to use and maintain the new infrastructure."
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