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Metropolitan DC Local Politics
Reply to "People’s Republic of Montgomery County"
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[quote=Anonymous][quote=Anonymous]MoCo is rapidly circling the toilet and will get flushed soon like the turd it is. MoCo has had stagnant job and business growth for almost 20 years now. The county continues to be hostile to business. MoCo has been getting its ass kicked by NoVa for bringing in jobs and businesses. The list is too long to write at this point of allllllllllllllllllll the business MoCo has lost to NoVa over the last 20 years. The only solution for MoCo is to keep doubling down on higher and higher taxes because the government that moronic voters in the county elect have no other solutions for diversifying the tax base. The county release the demographics outlook for about the next 20 years a little while ago. The projections are dire. The number of workers who will be in their prime earning years is set to continually decrease over the next 10-20 years while the number of the retirees is going to explode. That means MoCo's tax base will continue to erode, and to stop the hemorrhaging MoCo's leaders, of course, will keep trying to raise taxes. Remember, this is against the backdrop of MoCo being warned already that its credit rating was at risk because the county was robbing Peter to pay Paul since it has so much debt and obligations. With the expected demographics shift for the county that not even immigrants can make up for to attenuate the tidal wave of baby boomers completely withdrawing from the labor market in retirement, MoCo is going to enter a death spiral where it will constantly raise taxes to make up for budget shortfalls, tax hikes will cause people to flee, which will result in more taxes, and so the cycle goes. It is because MoCo's far left leaning govt has no checks and balance and diverse opinions in thought. The answer is always higher taxes and double down on what are perceived to be socially 'progressive' plans for the county that end up chasing businesses and high paying, law abiding citizens away. [/quote] I have lived in MoCo for 20 years and this is SPOT ON. [/quote]
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