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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