It would seem that “conventional wisdom” does not always stay in effect indefinitely.
For example, there was the long-held idea that Virginia would continuously outperform the rest of the country economically because we could depend on the federal government to supply so many jobs.
That notion is certainly changing now. And it is just one of the factors we consider as we take a close up look at the state of the Old Dominion’s economy.
Guests:
Gregory B Fairchild, M.B.A., Ph.D. - The E. Thayer Bigelow Associate Professor at the Darden School of Business, University of Virginia.
Terance J Rephann, Ph.D. - Author or co-author of numerous studies into economic conditions in Virginia. Regional Economist, Weldon Cooper Center for Public Service at the University of Virginia.
Additional Contributor:
David Toscano, J.D., Ph.D. - Democratic Party Minority Leader in the Virginia House of Delegates. Member representing the 57th District; which includes the city of Charlottesville and portions of the county of Albemarle.