Category Archives: Economy

Many Don’t See the Recession as Over

Has the recession ended?
That’s a question I get asked frequently from audience members before or after I start a presentation about the economy.
But in the past month, I decided to ask that question to audience members.
About 5 percent of an audience of business people and educators in the Fredericksburg area thought we were still in recession. Continue reading

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Problems with Proposed Puerto Rican Bailout

Following in the tradition of sovereign entities that spend too much, grow government too large, and do not bring in enough revenue to balance it all out, Puerto Rico finds itself facing a grave and escalating debt crisis. This American … Continue reading

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Employment Number Looking Better

In March of every year, the Virginia Employment Commission revises previously released employment estimates with more reliable quarterly census of employment and wages data through an annual process known as bench-marking. If you thought the Richmond region and state were … Continue reading

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How Virginia Might Build on the Rise of Education Capitalism

The past twenty years have brought significant growth to Northern Virginia and the Tidewater area, but there have been significant costs. The state’s economic portfolio is too heavily weighted toward government spending. No state can call itself diversified when one-fifth … Continue reading

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Turning Sea Level Rise Into a Competitive Economic Advantage

To hear Henry R. “Speaker” Pollard describe all the economic risks associated with rising sea levels in Hampton Roads — soaring insurance rates, higher financing costs, declining property values, disruption to business — one might be forgiven for wondering why … Continue reading

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