Category: Economic development
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Virginia Democrats’ Minimum Wage Bill Would Wipe Out Jobs, Especially During Recessions
from Liberty Unyielding The Democratic leaders in both houses of Virginia’s legislature have just introduced legislation that would raise the Virginia minimum wage from $12 to $15. The bill also retains provisions that make the minimum wage rise with inflation, while preventing it from ever falling due to deflation. As a result, it could rise…
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More Bad News for the Governor
Yesterday was a bad day for Gov. Glenn Youngkin. In addition to having to absorb the news about losing both houses of the General Assembly to the Democrats, he learned that the federal General Services Administration has decided to locate the long-coveted new FBI headquarters in Maryland rather than Virginia. That was bad news for…
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Casino’s Last Stand: A Nauseating Display of Hate
by Jon Baliles The second casino referendum will be decided on Tuesday and it will be a vote (again) on whether or not Richmond wants to do the get-rich-quick schemes to help people or do the hard work of methodically mapping out a strategy and building a future. The get-rich-quick schemes like the casino and…
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Virginia Set to Help Taxpayers for a Change
from The Republican Standard Good news for Virginia taxpayers. In the coming weeks, several hundred dollars are heading back into the pockets of eligible Virginians. Up to $400 per household will be heading to mailboxes and bank accounts across the Commonwealth thanks to a surplus in the state budget recently signed by Governor Glenn Youngkin.…
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Resorts Like Airports
by Jon Baliles There has been a lot of boasting from the casino advocates about their partnership with Kentucky-based Churchill Downs, Inc. (CDI). The rebranded Richmond Grand casino developer Urban One is a radio and TV conglomerate that has said they are partnering with CDI because of their huge capitalization and experience with casinos. But…
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Deep Dive: Casinos, Highways, and Ignoring RVA Voters
by Jon Baliles Republished with permission from RVA 5×5. They say the past is prologue and that if you don’t learn from history, you are doomed to repeat it, among other famous quotes that have stood the test of time. And they have a factor of truth and lesson in them. And so is the…
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Incapable at Least; Incompetent at Worst
by Jon Baliles The Richmond casino referendum this week was once again in the forefront of the news but not because of the impending vote or the discussion of the numerous proposed “benefits” the casino advocates have promised every group under the sun. No, this week it was made known that the company driving the…
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Whose Water Is It?
by Dick Hall-Sizemore There are some issues that seem to be baked into public policy and, because they affect sensitive and important areas, tend to lead to controversies periodically. Many years ago, one of the hottest controversies was the “inter-basin transfer of water.” Because Virginia is a “riparian rights” state, folks who live next to…
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“Blessed“ Is the Second RVA Casino Referendum
by Jon Baliles Early voting has begin in Virginia and the Richmond casino advocates have gone all-in with the mayor and City Council to make sure the referendum got back on the ballot and now are betting the house with an absurd amount of money to make sure the referendum passes this time. Jimmy Cloutier…
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Virginia’s “Runaway” Budget Negotiators
by Derrick A. Max (This column was first published by the Thomas Jefferson Institute for Public Policy) Fear of commitment is a common theme in Hollywood — where romantic comedies are replete with characters that sidestep long-term commitment primarily out of fear that someone better may come along. Think of Runaway Bride, where Maggie, played…
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Short Term Rentals — Long Term Impact
by Jon Balilies The City of Richmond has been discussing altering and revising regulations about short-term rentals (STR’s) and the next action will take place at the Planning Commission meeting on Tuesday afternoon (September 5th). It is an important decision because it is entirely possible the decision by the Commission and ultimately City Council could…
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Virginia Has Lost Its Mojo — Appalachia Edition
A new report, “The Future of Appalachia,” outlines economic development strategies for one of the most intractably poor regions in the country. Drawing a distinction between “southern” and “northern” Appalachia, the study observes that southern Appalachia has achieved far more economic success than its northern counterpart. Unfortunately, for purposes of this analysis, Virginia is deemed…
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Schools Shouldn’t Open Before Labor Day
by Kerry Dougherty Better sit down, youngsters. Did you know you’ll only get OUT of school two days earlier than last year? Yep, your last day of classes is June 14, 2024. Last June you finished up on June 16th. Joke’s on you. Oh, and the teachers who pushed for the new schedule believing they’d…
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Virginia Beach’s Bad Habit: Reckless Spending on Wasteful Projects
by Kerry Dougherty Feckless leadership, wasteful spending and escalating taxes have plagued Virginia Beach for decades. Despite new faces on city council, the game of spending tax dollars on insane projects that “will pay for themselves” continues. But let’s back up. Here’s one prescient story from The Virginian-Pilot in 2007. The headline: “Virginia Beach Sportsplex…
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How Did VCU Miss the Red Flags?
by Jon Baliles The unravelling saga of a failed development proposal downtown a block from City Hall that was supposed to rise out of the ashes of the failed Navy Hill project is still smoldering. The failed deal has come with a price tag of about $80 million so far (and growing) for VCU Health.…