North Carolina has had a great deal of economic success in recent years. Looking to the state for advice to follow in the budgeting process nationwide would most likely be a wise thing for us to do. We need to look at successful budgeting principles from the most successful states to save our nation from more economic problems.
No, we should not look to North Carolina as an example of good state budgeting, because they are not the state that is doing the best. Michigan has a far bigger budget surplus than North Carolina does. Michigan is also a good example of how a state can turn around after bad management. North Carolina is not as good of an example as Michigan.
We should not look to North Carolina as an example of good state budgeting. Their budget is so beneficial for their state in a large part due to trickle down economics, which works for some states that have medium sized populations like North Carolina, but for small states, it would be disasterous.
North Carolina is a relatively small state. It is pretty impossible to compare North Carolina to a huge state like Texas, Florida, or California. Each state has a different type of population and needs. You can't look at one state and model all of the rest after it. This is because they are not all similar.
We should not look to North Carolina as an example of good state budgeting. This is because every state is different and if we start adapting policies from another state it may not work as well everywhere. They did have a good budget and it works for them but transferring these ideas to another state would be a disaster if they did not work.