Richmond, Virginia—According to CNBC, Virginia has dropped from the topped rank state to do business in the country to third place. Virginia has held the top spot since 2019, under Democratic leadership, but since Governor Glenn Youngkin took office and started his culture wars and attacks on public schools, the Commonwealth has slipped in the rankings.
“It’s not a coincidence that under Democratic leadership, Virginia was ranked as the top spot in the country to do business several years in a row. Now, with Governor Youngkin’s poor leadership, attacks on public schools, and focus on MAGA Republican policies like restricting access to abortion, it’s no wonder we’ve lost the top spot,” LaTwyla Mathias, Executive Director of Progress Virginia, said. “Virginia should be a place where everyone can thrive, regardless of what they look like, how much money they make, or where they live. We need a Governor who will focus on getting us back in the top spot to do business and also ensure that we’re the best place for working families, and Glenn Youngkin has proved over and over that he isn’t it.”
In CNBC Ranking, Virginia Knocked From Top Spot as America’s Best State to do Business [VPM News, Whittney Evans]
“Virginia has lost its coveted ranking as CNBC’s top state for business — a spot it’s held since 2019. Democrats say Gov. Glenn Youngkin’s politics are partly to blame.”
“‘Governor Youngkin’s culture war and failed business practices are hurting Virginians and making our commonwealth less competitive,’ said state Sen. L. Louise Lucas (D-Portsmouth) during a press conference Wednesday. ‘His political ambition is costing Virginia its world-class economic status. And that’s a damn shame, if you ask me.’”
“Jennifer Boysko (D-Fairfax) represents part of Virginia’s technology hub in Northern Virginia. She said Youngkin’s focus on socially-divisive issues, like abortion, drives away job creators.”
“CNBC included new metrics in its rankings this year, looking at the availability of child-care resources for employees, as well as support for emerging industries like cryptocurrency and cannabis.”