For those who are still worried about growth, we have a message for you: there’s nothing to worry about.That’s right, there is little to no growth in Montgomery County at…
Economy
Foolonomics 101
Last week, the Washington Post reported that Fairfax County beat out Montgomery County to become the new headquarters location of Hilton Hotels. But the Post did not report Montgomery’s miserly…
Latest on the State Budget
In a fiscal update given to the General Assembly, the Department of Legislative Services (DLS) lays out the scope of the state’s budget problem and the options for dealing with…
For those readers who missed it in the comments section, this exchange between myself and County Executive spokesman Patrick Lacefield about the county’s proposed stimulus package is worth reading.Lacefield: Don’t…
Is This Really Stimulus?
The Post wrote a short article on County Executive Ike Leggett’s stimulus proposal on Friday. But in scrutinizing the details, we have yet to find where the “stimulus” is!Here are…
Edgerley Resigns at DBED
The Baltimore Business Journal is reporting that David Edgerley, Maryland’s Secretary of the Department of Business & Economic Development (DBED), is resigning.This story does not have as many political implications…
MoCo’s Great Crash, Part Two
In Part One, we made the case that Montgomery County’s real estate and construction industries together might account for one-fifth or more of the county’s private sector economic activity. And…
MoCo’s Great Crash, Part One
There is a lot of talk about a Great Crash: that of America’s stock market. And there is a lot of talk about another Great Crash: that of America’s economy….
MoCo: Not as Rich as You Think, Part Two
Because people in Montgomery County are wealthy, they can easily afford big mansions, right? WRONG.The residential real estate boom started in Montgomery County in the late 1990s, as it did…
MoCo: Not as Rich as You Think, Part One
When our state legislators go to Annapolis and look for adequate funding for our schools and transportation facilities, they confront a common attitude from the rest of the state. “You…