CENTERS for

Economic Development

The key to a growing economy is increased economic development and a decrease in government intrusion into the market place. As the old saying goes, "A rising tide lifts all ships." That theory applies to economic development. If a vibrant economy is available to Virginia, then everyone benefits -- more people are employed and the tax base allows for adequate funding for government programs. Government policies and actions impact on future economic development and this Center looks at specific issues impacting on economic development based up the Mission Statement of the Thomas Jefferson Institute.

January 2015

Jefferson Journal:  Economic Forecast Shows Slow Growth at Best for Virginia
Jefferson Journal: Economic Forecast Shows Slow Growth at Best for Virginia — By Michael Thompson and Stephan Cassaday  The Jefferson Institute's 15th annual Economic Forecast for Virginia is out, and it shows that our economy -- with its overreliance on federal spending -- continues to recover slowly from the Great Recession.  More importantly, it points to a way to develop Virginia into the "Energy Capital of the East Coast."  Read It Here!

January 2015

January 22 Federal Policy Dinner:  How To Restart REAL Health Care Reform
January 22 Federal Policy Dinner: How To Restart REAL Health Care Reform — For decades America's health care debate has pitted Left against Right, federal against state, public against private.  All sides, however, have shared a similar, inhibiting mindset -- an excessive aversion to risk and deference to medical insiders -- instead of stressing the ideal goal of better health care for more people at lower cost on a continuous basis.  Dr. Robert Graboyes is author of a new study showing how this "Fortress-like" mentality has limited innovation in health care, constraining medical advances and raising costs.  This is a dinner and discussion you won't want to miss!  For more information and to register, click here!

January 2015

Virginia Economic Forecast 2015:  Virginia's Role in North American Energy Development
Virginia Economic Forecast 2015: Virginia's Role in North American Energy Development — Sponsored by Cassaday and Company, this 15th Annual Economic Forecast offers not only a picture of what Virginia's economy will look like in 2015, but also describes the important role in North American energy development.  The Commonwealth has finally surpassed its pre-recession peak level of employment, but did so months after the nation.  Key sectors, relatively more dependent on Department of Defense spending, are likely being impacted by federal spending cuts.  Meanwhile, Virginia is in position to serve as a vital connection between domestic energy production and exports to European/Asian markets through its port -- one of only two East Coast ports currently equipped for larger ships.  With its close proximity to shale gas reserves and recent approval by the federal government to allow for energy exploration off the Atlantic coast, Virginia is poised to become "the energy capital of the East Coast" in the long term.  Read It Here!

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email:
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