Category Archives: Economy

Community Banks: Help is on the Way

In the wake of the financial meltdown in 2008, Congress passed and President Obama signed the Dodd-Frank law which was intended to regulate big banks and address the causes of the financial crisis. As so often happens with legislation, despite … Continue reading

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Is Capitalism Good for the Environment?

It has been said that capitalism works for a very simple reason – people can be counted on to do what is in their own interest. That has been the basis of human interaction since the beginning of time. One villager would catch fish and sell them to others, which helped the fisherman succeed, but also helped the others, who needed fish. In fact, the only way to make money in a free market is to supply others with something they need, and are willing to pay for. Selfishness does not profit unless it also helps others. Continue reading

Posted in Economy, Environment | 135 Comments

Understanding the Federal Budget

The president released his budget submission to Congress and there will be plenty of heat surrounding it but not nearly enough light. There will be loud talking about budget cuts that hurt the poor, the sick, the elderly, children, and … Continue reading

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The Marketplace is Speaking. Are the Counties Listening?

After CoStar Group, a provider of real estate market intelligence, announced last fall its intention to move its research division headquarters to downtown Richmond, the company offered employees from Washington, D.C., Atlanta, San Diego, and Columbia, Md., an opportunity to … Continue reading

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Demand Anticipated for Jobs in Health Care, Retail

What jobs will be in hot demand in the Richmond region during the next decade? Jobs in the health care and social assistance sector and in the retail industry top the list. For instance, the health care and social assistance … Continue reading

Posted in Economy, Health Care | 2 Comments