Wednesday, August 29, 2012

Two Different Worlds: O'Malley and McDonnell


The Potomac River divides more than just a pair of states. On one side of the river,a flagship Democrat, Gov. Martin O'Malley, has been dealing with a flagging economy with his party's job creation "plan". On the other side, Virginia Governor Bob McDonnell, a promiment Republican, has been using conservative values to influence his jobs creation plan. Which one has been more effective? 

Wall Street Journal has come out with a very insightful article today about the difference between these two starkly opposite administrations.

Bob McDonnell has shown across the board that common-sense, conservative values are the answer to our current economic situation. Virginia is holding fast at 5.9% unemployment, while O'Malley's "reforms" have put Maryland jobless numbers up to 7%. O'Malley has seen an exodus of 30,000 taxpayers from the wealthiest tax areas, costing the state 1.7 Billion dollars in tax revenue over the last 5 years.

Businesses have flooded across the Potomac since these two polarizing plans have come into effect. Gov. O'Malley has lost valuable corporate taxes since companies such as Northrop Grumman, Bechtel, and Hilton Hotels move south into Virginia with jobs and cashflow behind them.

This comparison is significant beyond our 2 respective states. The two governors of which we speak are the heads of their respective Governors' Associations. They are both nationally prominent in the media. This is a nationally important example of conservative principles healing an economically stagnant business environment. Governor McDonnell has led the Commonwealth to a surplus, and we are top tier in job creation.

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