Yay! We’re Average!

May 4, 2012

West Virginia is wholly, undeniably, completely average according to Chief Executive.net Magazine. Considering where we have been, that is a good thing.

The publication studied taxation and regulation, workforce quality, and lifestyle. West Virginia garnered three out of five stars for each category.

The Mountain State received a total ranking of 34.  In 2011, the state rated in the bottom ten at 42.

West Virginia’s neighbors to the north tended to do worse. Ohio was 35th, Maryland 40th, and Pennsylvania made the top ten list of shame, ranked as one of the worse states in which to do business. Kentucky scored in the top half and Virginia in the top ten.

This might explain why the northern and eastern tiers of the state have leaped forward in economic and population growth while the southern and central counties lag. Morgantown and the Eastern Panhandle are simply more business friendly than the state’s northern neighbors.

Average, however, is only good in the relative sense. The state has inched forward towards policies that would ensure economic growth and strength, but must do more. Tort reform and a right to work law, in addition to tax and regulation relief, would blow open the doors and attract business from our northern neighbors.

West Virginia does not accept average in its college sports teams. Heck, West Virginia University doesn’t even accept better than average. It searched for the best and most innovative to push the football program forward. Apply that same formula to the economy, and the state will boom.

 


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