Transgender bathroom bill’s hit to North Carolina economy amounts to scant ‘rounding error’

by Bradford Richardson and Valerie Richardson | washingtontimes  |  published on April 4, 2017

HB2_The_Real_Cost
It turns out that the economic devastation to North Carolina wrought by the much-publicized boycott over House Bill 2 wasn’t all that devastating — and it wasn’t all about HB2.

Overlooked in the uproar leading up to last week’s repeal of the disputed transgender bathroom bill was its negligible impact on the state’s economy: The loss of business, concerts and sporting events represented just 6/100ths of 1 percent of the state’s nearly $500 billion annual economy.

That is small enough to be considered a “rounding error,” said John Connaughton, professor of financial economics at the University of North Carolina-Charlotte.

“If you back out and take a look at this on an annual basis relative to the state economy, you get less than a tenth of 1 percent. You get 6/100ths of a percent,” said Mr. Connaughton, who based the figure on an analysis released March 27 by The Associated Press. “Honest to God, that’s a rounding error.”

  • Original Anna

    And so the democrat governor just had to give in and scare the hell of little girls and teenage girls that they will find a boy or older boy watching them as they do their private body activity. One of our schools had a problem with a woman whose job was to stop bullies from picking on smaller kids in the school bathrooms. She wouldn’t go in and stop the bullying because it was boys and the union backed her up even though she was the one who demanded women’s access to men jobs in the school. My nephew and other boys stopped using the bathrooms. They went before school, did not drink or eat anything all day and ran home to use the bathroom. When girls start not going into the school bathrooms it will be worst for them because of their periods and infections they can get and I hope at that point the stupid parents start suing the school boards for terrorizing girls from doing the natural thing of going to the bathrooms and turning girls into second class citizens. When boys want to be in the girls bathroom is what they get because boys don’t count and girls aren’t even safe thanks to politicians any more in bathrooms.

  • CharlieSeattle

    When did sexual perversion get equated with civil rights anyway?

  • mort_f

    I do hope that this fiasco will put an end to the fiction that ‘sports’ are a significant factor in the real economy. Perhaps it will put an end to the public financing of stadiums, and the exorbitant ‘sports’ budgets of institutions of public learning.

  • Walter Flatt

    WE NEED LIMITS FOR ALL POLITICIANS, 8 YEARS FOR EVERONE AND NOT ALLOW THEM TO RUN FOR OFFICE AGAIN. ALL FEDERAL EMPLOYEES SHOULD BE MADE TO MOVE TO WASHINGTON, D.C. AND LIVE THERE FOR THEIR 8 YEAR TERM. THEY SHOULD BE THE LAW MAKERS OF THIS COUNTRY, NOT JUST THEIR STATE. IF THEY DIDN’T DO THEIR JOB RECALL AND REPLACE.

    YOU AND THIS GOVERNMENT HAD BETTER WORRY ABOUT THE MUSLIMS HERE AT HOME.

    PUBLIC LAW 414, PAGE 2, SECTION 212, WAS PASSED IN 1952 THAT BANS ALL PEOPLE TRYING TO DESTROY OUR COUNTY, AND MUSLIMS QUALIF TO BE DEPORTED. READ THE QURAN, THEIR BIBLE.

    COULD IT BE THAT OBAMA HAS SET US UP FOR HIM TO LEAD A MUSLIM INVASION OF OUR COUNTRY? READ THEIR BIBLE, THE QURAN.

    IF NOT,

    WHY ARE THERE 5 MUSLIM CAMPS IN N. VIRGINA, CLOSE TO DC.

    WHY TRY AND BUY UP ALL AMMO AND TAKE OUR GUNS.

    WHY ALLOW IN EXCESS OF 36 MUSLIM CAMPS. (PERHAPS HUNDREDS)

    (BUILD A FEMA CAMP IN EVERY STATE? SOME STATE HAS MORE THAN ONE. BUILT AND SUPPORTED BY YOUR TAX MONEY.

    WHY, WHILE IN OFFICE, DID HE SET HIS CABINET WITH MOSTLY MUSLIMS.

    WHY, WAS HILLIARY’S TOP AIDE A RADICAL MUSLIM,

    LAST WHY, DID OBAMA SEND BILLIONS TO HIS MUSLIM FRIENDS.

    • Walter Flatt

      WE PAY LAWMAKERS TO RUN OUR COUNTRY, NOT SPEND MOST OF THEIR TIME TRYING TO GET RE-ELECTED.

      • CharlieSeattle

        That is why we pay them, but that is NOT why they take the money!

    • CharlieSeattle

      Why??

      ☭Traitors have an agenda that transcends patriotism, the rule of law and national security.

  • Luke

    God provides for those who stand with Him…

  • Tiger

    Doing the Right Thing isn’t easy and if you believe that all that you lost was more important than your sensible decision then you don’t have the guts to fight for the right and I mean right.

    All that other stuff will come back besides those concerts given by people who don’t swing that way will still be coming and as to the Sporting Events, same thing so don’t try to hoodwink or to pull the wool over my eyes and millions like me.

    • Michelleawaldo

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  • justinwachin

    Most of those concerts and events would have returned to North Carolina in time. The same people pushing transgenderism also likes to make money. There are many performers who could well financially by heading to North Carolina.

    This whole controversy highlighted the problem with the NCAA. It is a monopoly that is free to push its agenda on governments. Do we really want a sports monopoly determining social policy? Maybe its time for the NCAA to get its own competition or for the people to elect those on the decision-making body of the NCAA. If this monopoly is going to exert that much power there needs to be some control over it.

  • Tbear

    Apparently the once great state of NC is no longer!!!!

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