{"id":107988,"date":"2025-10-24T10:32:23","date_gmt":"2025-10-24T14:32:23","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/david-marcus-virginia-new-jersey-should-note-my-states-red-renaissance-107988"},"modified":"2025-10-24T10:32:23","modified_gmt":"2025-10-24T14:32:23","slug":"david-marcus-virginia-new-jersey-should-note-my-states-red-renaissance","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/david-marcus-virginia-new-jersey-should-note-my-states-red-renaissance-107988","title":{"rendered":"DAVID MARCUS: Virginia, New Jersey should note my state’s ‘red renaissance’"},"content":{"rendered":"
\n

Much like comedian Rodney Dangerfield, West Virginia don\u2019t get no respect. But that may be starting to change, as this week S&P upgraded the Mountain State\u2019s outlook to positive from stable and affirmed the AA- rating on West Virginia\u2019s general obligation debt.<\/p>\n

According to the rating agency, “Our view of West Virginia\u2019s positively trending credit quality reflects the state’s recent run of large budgetary surpluses, multiple ample reserve funds, and management actions to control costs.”<\/p>\n

There may be a message here for voters in neighboring Virginia and nearby New Jersey as they head to the polls to elect new governors. While long thought of as a backwards backwoods, West Virginia is now booming because of strong Republican leadership.<\/p>\n

THE NEW JERSEY GOVERNOR\u2019S RACE COULD SHOW THE GOP HOW TO WIN IN MIDTERMS<\/strong><\/a><\/p>\n

The chief architect of this success is former governor, now Sen. Jim Justice, who told Fox News Digital, “We wanted to cut taxes, but we knew we\u2019d have to pay for it. We wanted to make our roads better, but not put ourselves into debt. Balancing a state budget isn\u2019t easy, but when you mind the store first, good things happen. If states want to succeed, I\u2019d encourage them to follow the playbook I ran in West Virginia.”<\/p>\n

And Justice isn\u2019t the only member of Congress who cut his teeth in West Virginia state government during the recent renaissance in Appalachia; there is also freshman Republican Rep. Riley Moore<\/a>.<\/p>\n

According to Moore, “During my time as State Treasurer, West Virginia slowed growth of the state budget, grew our reserves by more than $800 million, enacted the largest personal income tax cut in history, and attracted record-breaking private investment to create thousands of new jobs…It\u2019s good to see the credit rating agencies agree that West Virginia\u2019s outlook is positive.”<\/p>\n

VIRGINIA SPECIAL ELECTION IN DEEP-BLUE DC SUBURBS CAN STILL GIVE INSIGHT INTO KEY GOVERNOR\u2019S RACE<\/strong><\/a><\/p>\n

In New Jersey, recently, I spoke with voters who almost universally told me that energy prices and taxes are the top issues in the gubernatorial race. Regarding both issues, West Virginia is a strong model to look to.<\/p>\n

Republican candidate Jack Ciattarelli<\/a>, like Justice a businessman before politics, is committed to increasing energy production in the Garden State and to finding meaningful cuts to lower residents’ tax burden, while his opponent, Mikie Sherrill, promises more of the same stale Democrat policies.<\/p>\n

Likewise, in Virginia, GOP candidate Winsome Earle-Sears<\/a> is committed to continuing the work of current Gov. Glenn Youngkin, which led CNBC to rank the Old Dominion as the best state for business in the country, while Democratic candidate Abigail Spanberger would reverse many of those policies.<\/p>\n

FIVE RACES TO WATCH WITH 5 WEEKS TO GO UNTIL ELECTION DAY 2025<\/strong><\/a><\/p>\n

Prior to Youngkin, the attitude in West Virginia to those who move in from Virginia<\/a> to take advantage of the low cost of living was something along the lines of, “Hello, and welcome, but please don\u2019t bring your politics with you.”<\/p>\n

Today, under Republican leadership, Virginia may be starting to take care of its own house.<\/p>\n

Over the past 40 years, states like West Virginia, Ohio, and Indiana have been the biggest losers in the game of geopolitical, neoliberal economic policy, which gutted their factories and towns.<\/p>\n

TRUMP’S SHADOW LOOMS LARGE OVER HEATED RACES ONE MONTH BEFORE ELECTION DAY<\/strong><\/a><\/p>\n

Today, the Trump administration is bringing trillions of dollars<\/a> of new investment<\/a> into the United States, and the states, like West Virginia, that create business-friendly policies are set to see extraordinary economic growth.<\/p>\n

This makes the 2025 gubernatorial election in Virginia and New Jersey unusually important. Will these states adopt sound policies to take advantage of the investment Trump is bringing, or like California and New York, will they spend the rest of the Trump administration at war with the White House?<\/p>\n

In a statement regarding the S&P decision, current Republican Gov. Patrick Morrisey<\/a>, said, “I am proud to oversee the first positive rating action by S&P regarding West Virginia\u2019s creditworthiness in more than a decade.”<\/p>\n

This kind of leadership is absolutely available to voters in Virginia and New Jersey if they want it, and why wouldn’t they?<\/p>\n

It might take some getting used to, but if you want a model of a strong, stable, thriving state, you need look no further than West \u2018By God” Virginia.<\/p>\n<\/div>\n

Source – https:\/\/www.foxnews.com\/opinion\/david-marcus-virginia-new-jersey-should-note-my-states-red-renaissance <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Much like comedian Rodney Dangerfield, West Virginia don\u2019t get no respect. 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