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- iHaveNet.com: Politics
by Cal Thomas
While the federal government continues to drown in a sea of debt, several states are reporting surpluses, thanks to policies Washington would do well to emulate.
Nowhere has the economic turnaround been more immediate than in Virginia. When Governor Bob McDonnell took office in January 2010, he was faced with a
Last week, the governor's office announced a surplus of
According to the Pollina Corporate Real Estate Study: "Pollina Corporate Top 10 Pro-Business States for 2011," "Virginia is the unquestionable brightest star on the American flag when it comes to pro-business. ... Virginia is truly in a class by itself." Nine other states made Pollina's list. Republican governors lead eight of them. Anyone else see a pattern?
Compared to the federal economic picture, Virginia's statistics are astounding: In less than two years, McDonnell's administration reports that it has added 48,200 net new jobs. As recently as 2009, Virginia ranked 35th nationally in jobs created. Significantly, "only 8 percent of net new jobs are government positions."
Virginia's "6.0 percent unemployment rate is tied for eighth lowest in the nation," though the
Last month,
In May, a
The Pollina study, according to the McDonnell administration, is "the gold standard for evaluating and ranking states based on 32 factors controlled by state government, including taxes, human resources, education, right-to-work legislation" (this one is key because it reduces union power to strangle businesses with ever-growing demands for benefits), "energy costs, infrastructure spending, workers compensation laws, economic incentive programs and state economic development efforts. Two new factors -- state budget deficit and state property tax index -- along with a comprehensive State Report Card are new to this year's study."
Gov. McDonnell has plans for the surplus: "We will deposit another
The reason Washington -- and especially the Obama administration -- has difficulty replicating what is occurring in Virginia and those nine other states is because it's incapable of abandoning a failed ideology. When old ideologies have proven bankrupt, they are mostly discarded and replaced with something new that has a better chance of working. But the liberal ideology that government can better care for you than you can care for yourself remains on life support, though clearly it, too, has failed.
An old Virginia slogan says, "Virginia is for Lovers." A new one might say, "Virginia is for business."
Jobs created in Texas during Governor Rick Perry's terms are receiving national attention, but Texas didn't make Pollina's list. Perhaps that's because, according to the
Should our nation's capital be moved to Richmond? Perhaps electing a Republican president in 2012 who thinks like Bob McDonnell would be easier and more practical.
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