Economy
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Marc Elrich Lauds MoCo’s Minimum Wage “Indexing”, Which Could Spur Still More Inflation
Read more: Marc Elrich Lauds MoCo’s Minimum Wage “Indexing”, Which Could Spur Still More InflationMontgomery County Executive Marc Elrich doesn’t seem to understand or even be familiar with basic cost-push inflation or wage-price spiral theory. Or, if he is familiar with Keynesian economic policy (which he seems to be, based on his rapacious desire for more government “stimulus” spending in 2020-22), CE Elrich seems to think these ideas of…
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Taxpayers Investments in Biotech offer Great Opportunity
Read more: Taxpayers Investments in Biotech offer Great OpportunityThe following is a counterpoint to the article entitled, Are Taxpayer Investments in Biotech Companies Too Risky?, published on March 6 2023. Life Science investing is risky. We should scrutinize the wisdom of any public investment into private ventures. And, our elected leaders, if they don’t have experience in this or other areas,…
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Are Taxpayer Investments in Biotech Companies Too Risky?
Read more: Are Taxpayer Investments in Biotech Companies Too Risky?Montgomery County Has Showered Millions of Taxpayer Dollars on Novavax, Company Recently Warned “Substantial Doubt Exists Regarding Our Ability to Continue as a Going Concern” Last week was a volatile one for Gaithersburg, Maryland-based Novavax, as it saw its stock price decline sharply on the back of a form 10-K filing where the firm added…
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A Quick Update on MoCo’s “Boost” No-Strings “Guaranteed Income Program
Read more: A Quick Update on MoCo’s “Boost” No-Strings “Guaranteed Income ProgramA quick update post on our last piece highlighting the (frankly outrageous) County-taxpayer sponsored “Guaranteed Income Program” pilot. We were able to hear back and get answers to some of our direct questions on how the program is being run and what kind of “reporting” taxpayers could expect in the future. The following is lifted…
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Zoning (or: whom to blame for expensive housing)
Read more: Zoning (or: whom to blame for expensive housing)This post, part 3 in a series on our county’s distorted housing market, is mostly descriptive of the county’s land use policy and how it contributes to high housing costs. In addition, it also gives a chance for readers to reflect on how zoning affects them individually.is You can read Part 1 here and Part…
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What is up with the “Boost” Guaranteed Income Program?
Read more: What is up with the “Boost” Guaranteed Income Program?MoCo Council Members Jawando, Albornoz Promoting MoCo “Boost” Guaranteed Income Program That Provides No Updates to-Date on Efficacy, Has No Strings Attached on How Money Spent, and Requires No Social Security or Individual Taxpayer Number (ITIN) to Participate In a shocking display of disregard for taxpayer money, Montgomery County is partly funding ($2 million dollars…
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Promoting More Inequality and Feeding Addiction? Sen King Sponsors Expansion of Internet Gambling in Maryland
Read more: Promoting More Inequality and Feeding Addiction? Sen King Sponsors Expansion of Internet Gambling in MarylandMontgomery County, Maryland State Senator (Nancy King, a Democrat, District 39) appears as a co-lead sponsor for a bill that would push to expand internet gambling in Maryland. The bill would authorize “the State Lottery and Gaming Control Commission to issue certain licenses to certain video lottery operators to conduct or participate in certain Internet gaming…
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MoCo’s SBIR/STTR Matching Grant Program – What Do Taxpayers Really Get for Their “Invested” Dollars?
Read more: MoCo’s SBIR/STTR Matching Grant Program – What Do Taxpayers Really Get for Their “Invested” Dollars?Another ‘matching grant program’ by Montgomery County came to my attention last week. County Executive Marc Elrich’s newsletter promoted the “Montgomery County Small Business Research Innovation Research and Small Business Technology Transfer (SBIR/STTR) matching grant program”. Curious, I looked into the grant program, and note that it is designed to ‘support companies engaged in research…
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MoCo’s housing isn’t dirt cheap, but it’s close (Part 2)
Read more: MoCo’s housing isn’t dirt cheap, but it’s close (Part 2)This is Part 2 in a series on our county’s distorted housing market. You can read Part 1 here. When it comes to housing policy in Montgomery County (and probably other jurisdictions), the activists and policymakers ignore science and gravitate to unfounded generalizations that justify a policy they want to implement. Some County Council members…
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Not the Onion: County Exec Elrich Lauds the “Health and Safety Benefits” of Government Liquor Distribution
Read more: Not the Onion: County Exec Elrich Lauds the “Health and Safety Benefits” of Government Liquor DistributionLiquor, lotto, pot. The foundations of a thriving, “healthy” and “equitable” Montgomery County economy and people are all around us in 2023. Oh, and did you know that the community center gyms are “free” now? Ok, that was snark. But it isn’t far from the truth. On January 27th, County Exec Elrich wants you to…