CNN, Politico, the liberal media… they got the North Carolina House Bill 2 (known as “HB2”) all wrong. Why? The headlines claimed that the law has had a negative economic impact on the Tarheel State.
Politico’s alleged hard-hitting piece on the effect of HB2, entitled, “The Bathroom Bill that Ate North Carolina,” admitted the following toward the end of the article:
…Because of HB2, the state’s economic picture is bright. North Carolina’s budget surplus tops $500 million, and the state is adding thousands of jobs every month. “If [Democrat Governor] Cooper didn’t have HB2 to talk about, what could he possibly criticize Republicans for?” asked Dee Stewart, a GOP consultant in the state.
CNN’s analysis was similarly petty when it admitted the following:
HB 2 probably cost the state millions through the loss of jobs, businesses, and consumer spending. But, even the top estimate would only represent a small fraction of the state’s overall economy — about $510 billion in gross domestic product.While such economic losses are not insignificant, “the state’s overall economy is large enough that the losses are only about 0.1 percent of the total GDP,” according to Politifact.