School Bill Teaches a Fallacy

From John Hood's Daily Journal:

Coastal Carolina businesses are reportedly unsure about how a new state law on summer vacations is going to affect them this year.

Let me offer them a prediction: their summertime receipts will jump significantly. That’s to be expected. Lobbyists for these industries played a major role in pushing for legislation requiring North Carolina school districts to scoot the beginning of the academic year towards Labor Day. With a few more weeks of August available, hoteliers, camps, and resorts expect to do very well, indeed, during this popular period.

But let me add another prediction that some may not find as staid: North Carolina’s hospitality, restaurant, and tourism industries will not see any significant change in their annual billings, or at least not change that can be attributed to the legislation.