McCrory Ad Ignores Painful Financial Truth
Unemployment, Foreclosures, Public Spending All Way Up Under McCrory
Pat McCrory is out with a new television ad, which claims credit for building Charlotte “into an economic powerhouse,” but the ad completely ignores Charlotte’s track record of rising unemployment, foreclosures, taxes, and government expansion all under Mr. McCrory’s watch as Mayor.
Under Mayor McCrory, Charlotte’s unemployment rate tripled from 3.7% in 1996 to 11.5% in 2009. Foreclosure filings spiraled up by 328% from 1998 to 2007, a year before the nationwide financial meltdown. And with Pat McCrory holding the keys to the Queen City, Charlotte’s budget ballooned by 151%. Charlotte had the highest per capita tax burden of any city in North Carolina. Even salaries of McCrory’s personal staff increased by 116%. One local conservative columnist, Tom Ashcroft, even called Mayor McCrory’s government expansion “disgraceful.”
“If Pat McCrory’s economic road map for North Carolina looks anything like his track record in Charlotte, voters should take notice and steer clear,” said Gerrick Brenner, Executive Director of Progress North Carolina Action. “We judge a candidate’s vision for the future by where’s he’s been in the past. Mr. McCrory’s economic vision lacks credibility with such foggy memories of his full record as Mayor.”