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Metropolitan DC Local Politics
Reply to "Montgomery County - What Happened?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]This thread is missing the point comparing moco to nova and talking about the county becoming “poor”. The issue is the local government is obsessed with spending large amounts of tax money on [b]performative virtue signaling[/b] catered parties than figuring out a strategy to lower taxes and increase business formation in the county. This will lead to lower growth, higher and higher property tax increases, a decline or stagnation in overall population, and a decline in high net worth families remaining in the county due to burdensome tax obligations. I.e basically exactly what has happened to Baltimore city. This has nothing to do with race or whatever other partisan crap people want to throw around - it’s about inept leadership. If my neighbors in moco are fine with that - great - but the area will suffer and decline over time unless changes are made [/quote] I really have no clue what this means (and I'm a MoCo resident), but I think you might be reading and watching too much right-wing media. MoCo is actually a leader in health sciences, pharma, and biomedical research, and there is tons of business formation around those industries. That might not be as splashy as Amazon, but Amazon wants to eliminate basically all jobs in favor of AI, so I'm fine with MoCo not catering to different industries besides tech and data centers.[/quote] DP. There is almost no net business formation in Montgomery County. The employment metrics are all terrible. [/quote] Can you please post whatever metrics you're talking about as compared with whatever jurisdiction you idolize?[/quote] Here is an article comparing Montgomery County the rest of the region: https://montgomeryperspective.com/2024/07/10/moco-economy-keeps-lagging-part-four/ [/quote] Wow, MoCo is doing pretty well. It gained businesses in 2023, while Fairfax, Arlington, Alexandria, and Loudoun all lost businesses. I guess those data centers aren't such a great thing after all.[/quote]
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