- July 19, 2021
- Posted by: Stratford Team
- Category: Business
The oft-propagated notion (at least by those on the political right) that progressive policies are somehow bad for business and economic development received another thorough debunking last week in a new national assessment from CNBC. This is from a story by reporters Graham Moomaw and Ned Oliver of the Virginia Mercury entitled “Virginia Republicans have been warning Democratic control is bad for business. CNBC disagrees.”
After Democrats took control of the General Assembly in 2020, a common refrain emerged among Republicans who opposed legislation that raised the minimum wage and added new anti-discrimination protections for employees.
“The Democrat majority has done much to diminish Virginia’s reputation for being America’s ‘best state for business,’” said Senate Minority Leader Tommy Norment, R-James City, as Democrats’ first legislative session in power in more than two decades…