Terry McAuliffe's campaign has released Chapter 2 of his business plan for Virginia, entitled "Encouraging Businesses to Start, Relocate, and Expand in Virginia." Here are the key items in the strategy:1. "Strategically Use Business Incentives and Tax Credits to Produce Long-Term Economic Growth in High-Wage, High-Value Jobs"
2. "Improve Access to Capital"
3. "Help Small Businesses Succeed and Encourage Entrepreneurs"
4. "Make Sure State Government Remains Business-Friendly"
5. "Develop Regional Economic Strategies"
The plan also lists "Opportunities" (e.g., Virginia's "world-class education system," "Diverse geographical assets," "Skilled and dedicated workforce") and "Challenges" (e.g., "Current economic slowdown is jeopardizing jobs and
investments and restricting credit," "Each region of the Commonwealth has its own economic strengths, weaknesses, and needs"). Not surprisingly, I particularly like the "Green Industries" subsection of strategy item #1:
As Governor, I will continue efforts to bring renewable-energy and green businesses to Virginia and make sure we are growing not just any business, but the right businesses in the Commonwealth.I look forward to future chapters of this plan as it's rolled out in coming weeks. By the way, I think it's great that we Democrats have a candidate who's developing a comprehensive approach to Virginia's future, and also that he's putting it out there so we can all examine it and make up our own mind's what we think about it. Nice job!
