Economics isn’t all that complicated

By The West Virginia Record | Aug 28, 2018

Summer break’s over, and it’s back-to-school time. How better to celebrate than with a pop quiz?

Are you ready for a pop quiz? Of course, not. You’re not supposed to be. That’s the whole idea. Pop quizzes are meant to come as a surprise. They’re meant to catch you off guard, and they generally do – especially when you’re an adult who graduated years ago.

Here’s the quiz: Which is better for the economy? A) pro-growth policies, or B) anti-growth policies.

If you chose A, you’re absolutely right, but don’t let it go to your head, because the answer was obvious.

Nevertheless, and believe it or not, there are seemingly intelligent and well-educated people in West Virginia and the United States who would choose B.

If you chose B, you’re either a Democrat member of Congress, someone who’s running for Congress as a Democrat, or a member of the previous presidential administration.

You know, one of those people who think that ever higher taxes and increasingly burdensome regulations are the way to get things moving again, despite decades of evidence to the contrary. 

For the last two years, different people in West Virginia have been in charge, people who know the obvious answer to the simple quiz above, and  the economy’s humming after a decade of doldrums. 

Gov. Jim Justice reported recently that state revenue collections are up and the state has a surplus of $36 million for this fiscal year.

That’s no surprise to anyone who chose A.

Want to get notified whenever we write about State of West Virginia ?

Sign-up Next time we write about State of West Virginia, we'll email you a link to the story. You may edit your settings or unsubscribe at any time.

Organizations in this Story

State of West Virginia

More News

The Record Network