Something to Think About

Last week I was reading in the New York Times an article on Jeb Bush’s plans for the economy. One of his talking points was to reduce the federal workforce by 10%. For a state as dependent on the Feds as Virginia, this could have serious financial implications. Already, in the CNBC rankings as the best state for doing business, Virginia has dropped from at or near the top to 12th in the most recent poll.  One of the reasons given was the decrease in federal spending. We can debate whether the government spends,  but such a cut in Northern Virginia and the Norfolk area could have significant impact.

— Les Schreiber