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Metropolitan DC Local Politics
Reply to "Wizards and Caps could be moving to Potomac Yard"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][twitter]https://x.com/RTDSchapiro/status/1800329303726452743[/twitter][/quote] But some formerly background state senator got some new followers on social media. What’s hurting the states reputation when clap backs are invaluable?[/quote] The killing of the deal shows the state is well run. This was a very bad deal for Virginia.[/quote] [b]The market disagrees.[/b] The killing of the deal introduces policy uncertainty risks for investors in VA which will play out in many different ways. It may mean that future investors will demand higher returns before investing in VA to account for this risk, as well as potentially also increase borrowing costs for the state as investors need to price in this policy uncertainty risk. Basically, it’s the state of VA’s first step towards becoming like Maryland, unless the state does something unambiguous to re-establish its reputation. So congratulations. I hope the likes and retweets were worth it. [/quote] What is your proof for this statement? "It may mean" isn't proof. Your word salad response shows a clear lack of public finance, kind of like Youngkin and the city council of Alexandria. They had no idea how these deals actually are supposed to work. [/quote]
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