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Economic Forecast Shows Slow Growth at Best for Virginia(Comments Off)

January 7, 2015

By Stephan Cassaday and Mike Thompson The Thomas Jefferson Institute for Public Policy, the state premier public policy foundation, recently released its 15th annual Economic Forecast for Virginia and it shows that our economy continues to slowly recover from the Great Recession. Written by the state’s foremost private economics firm, Chmura Economics and Analytics of […]

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Certificate of Need: A Bad Idea with Political Staying Power

Every so often Virginia undergoes a spasm of skepticism regarding the Certificate of Need (CON) law that subjects proposals for hospital expansions and equipment purchases to regulatory approval. The law gives proof to the oft-heard claim that Virginia is “pro business” — state government protects existing businesses from the challenges of newcomers — and the lie to the idea that the […]

Learning from Buena Vista’s Golf Course Default

In 2005, the City of Buena Vista in the Shenandoah Valley issued $9.2 million in bonds to pay for construction of the Vista Links golf course. To obtain financing, the city purchased insurance for $400,000 and pledged the golf course, police station and municipal building as collateral. The city made its debt payments for several […]

Manufacturing Boom Depends On Affordable, Reliable Electricity

A year or so ago, few would have predicted the manufacturing expansion we are seeing here in Virginia. After years of seeing jobs and indeed entire manufacturing industries move offshore, we are thrilled to hear of new operations happening right here in the Commonwealth. Recent months have brought announcements of new plants and expansions. The […]

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