Category Archives: Economy

Bristol’s Newest Savior: a Proposed Casino and Resort

Posted on January 23, 2019 by matt ohern

The City of Bristol, having mortgaged its future with a failed mall development project, is betting on another big-ticket project: a proposed $150 million casino with accompanying hotels, conference center, retail, and restaurants built at the failed mall location. The … Continue reading →

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Party of the Rich?

Posted on January 16, 2019 by matt ohern

“Our tax code should work for everyone – not just for the highest earners.  That’s only fair.  But Washington is actually making these disparities worse” Governor Ralph Northam• “State of the Commonwealth” Address Actually, it’s the other way around. The … Continue reading →

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Give thanks that we no longer live on the precipice

Posted on November 28, 2018 by matt ohern

Thanksgiving is a good time to express our sincere gratitude that we no longer “enjoy” the “simpler life of yesteryear.” As my grandmother said, “The only good thing about the good old days is that they’re gone.” For countless millennia, … Continue reading →

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Family Incomes Doing Well

Posted on October 17, 2018 by matt ohern

Families in the Richmond region saw the rate of their inflation-adjusted incomes having the second fastest growth among all 383 metro areas in the nation. Median household income rose 5.3 percent in the Richmond metro area in 2017 compared with … Continue reading →

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Virginia and the Next Global Debt Crisis

Posted on September 19, 2018 by matt ohern

Ten years ago the Lehman Brothers debacle precipitated the financial meltdown we associate with the Great Recession, and the financial media are full of retrospectives. A key question is what lessons we learned from the epic failure. The main conclusion … Continue reading →

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