Economics & Economy

The saying, “birds of a feather, flock together” refers to people of similar character, background, or taste congregating and associating with one another.

It’s a “common thread” that leads like-minded people to live near each other in neighborhoods.

But what happens when that common thread is a sexual offense?

Coffee Under Threat

Nov 21, 2013

What does global warming have to do with coffee?  One Virginia business owner says "a lot." So much that your morning cup of "joe" is going to get costlier. And he's not alone. 

Dozens of the Commonwealth’s businesses are pressuring the General Assembly and Congress to seriously confront the challenge of climate change before there is an economic crisis.

www.history.org

It’s been difficult to attract business and provide more opportunities to some of the more economically distressed parts of Virginia, but there’s hope for those areas through the national tobacco settlement. Although the money is being applied to areas within the Commonwealth’s tobacco region, HOW it's being applied will directly impact surrounding areas and indirectly boost the state's economy.

The governor’s speech was not well received in certain circles.  Some democrats and economists say McDonnell  should not claim credit for low unemployment or another budget surplus.

Under his leadership, the governor says Virginia has created more than 172,000 new jobs and the unemployment rate is just 5.5% -- the lowest in the Southeast.  UVA economist Terry Rephan says Virginia does better than other states when it comes to employment, regardless of who is governor.

Commonwealth Ends Fiscal Year with Surplus

Aug 19, 2013

Governor McDonnell has announced a $585-million surplus for the state fiscal year that ended in June. 

The General Assembly’s money committees greeted him with warm applause before he outlined the condition of the Commonwealth’s budget outlook. 

The Governor shared the credit and thanked lawmakers of both parties for work that’s resulted in surpluses during a tough economy.

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