Friday, January 31, 2025

Virginia created twice as many jobs as Maryland in 2024


The year-end job creation numbers from the United States Bureau of Labor Statistics are a total humiliation again for the state of Maryland, and Montgomery County. Our rival across the Potomac River, Virginia, created twice as many jobs as Maryland in 2024. Virginia added 76,900 jobs last year, while Maryland created a paltry 38,400 jobs by comparison. In the closing month of December 2024, Virginia added 4,900 new jobs, while Maryland added a laughable 200. That's a 2 with only two zeros after it.

“Virginia’s labor market continues to demonstrate resilience and growth, with a strong increase in nonfarm payrolls, a growing labor force, and low unemployment,” Virginia Governor Glenn Youngkin (R) said in a statement. “Our commitment to business-friendly policies, reducing costs, and fostering innovation has created an environment where both Virginia companies and Virginians can thrive.” 


Virginia was named America's top state for business in 2024 by both CNBC and Business Facilities magazine. The latter is a professional journal covering the topic of corporate headquarters relocation. While the Old Dominion has added multiple major and Fortune 500 corporate HQs this century, Maryland was a loser in all of those competitions. Among those choosing Virginia over Maryland were Northrop Grumman, Nestle, Intelsat, Lidl, Gerber, Volkswagen, Amazon, and Hilton Hotels. Here in Montgomery County alone, our elected officials have failed to attract a single major corporate headquarters in over 25 years. 

Who can forget the Montgomery County Council laser-focusing on a bill to ban circus animals on the very day that Discovery Communications was sealing the deal with two other states to move their HQ from MoCo to their cities? Or the Council canceling the biggest transportation project in White Flint on the very day that Amazon representatives were touring that area during their HQ2 search, which we lost to...Virginia? Scrapping your biggest transportation project the same day that a logistics-obsessed firm like Amazon is visiting: Sheer genius! Heckuva job, Brownie!

While Maryland Governor Wes Moore (D) is promising higher taxes and fees, and a 75-cent charge on every Amazon and food delivery order, Youngkin is asking the Virginia legislature to cut taxes on his constituents and businesses. Virginia has made major investments in new transportation infrastructure and site development, all while keeping taxes lower than Maryland. 


Maryland elected officials, by contrast, have blocked every meaningful congestion relief project, and have directed Maryland State Highway Administration officials to increase congestion by placing absurdly-low speed limits on major commuting state highways. They've even ordered MDSHA to remove vehicle lanes from many of those highways, including Old Georgetown Road, Georgia Avenue, and University Boulevard in Montgomery County alone. 

Rather than invest in site development for corporate campuses, and high-wage research and manufacturing facilities, MoCo and Maryland leaders have instead turned such valuable land over to their developer sugar daddies for new stack-and-pack residential housing. Taxes? Nobody in the region pays more than Montgomery County taxpayers.


Given the history of Virginia decimating Maryland in job creation this century, the only surprising thing about the 2024 numbers is that yet another historic drubbing of Montgomery County and Maryland officials is not being covered by the local media. Failure and incompetence are never brought to busy voters' attention. We can still enjoy the irony that Montgomery County's international business trips are - bizarrely - most often to Communist countries like China and Cuba, but that failures in policy and economic growth of the magnitude we find in Maryland often result in removal, or even jail, in those nations.

Thursday, January 30, 2025

Wiseguy Pizza closes in Wheaton


Wiseguy Pizza
has closed at Westfield's Wheaton Plaza mall. It appears the pizzeria was the latest victim of the moribund Montgomery County economy and the high cost of doing business in MoCo. The problem wasn't the authentic deck oven pizza, as the rave online reviews indicate. 84 Google reviewers gave Wiseguy Pizza an average 4.7 stars out of 5. Real New York pizza, by-the-slice in the food court - what could possibly go wrong? Well, Montgomery County's anti-business climate can make the already-slim profit margins of the restaurant business disappear faster than a slice of Wiseguy Pizza in the hand of Davey Pageviews! 

Wednesday, January 29, 2025

H&R Block returns to Wheaton for 2025 tax season


Those 2024 tax documents are starting to pile up, and H&R Block has returned to Wheaton just in time to help you prepare your tax return. They're once again at 11208 Grandview Avenue in the Wheaton Triangle, where they had closed last summer. H&R Block is open for appointments from 9:00 AM to 8:00 PM, seven days a week. In addition to tax preparation, this office offers tax audit support and advance refunds, as well as more general payroll and bookkeeping services. Many of the employees are small business certified, and all are also available for virtual online assistance. Their phone number is 301-933-3171, and appointments can also be scheduled online.



Tuesday, January 28, 2025

Maryland restaurants aren't going out of business fast enough, lawmakers in Annapolis say


Maryland's restaurants aren't going out of business fast enough, lawmakers in the state's capital of Annapolis say, and a pair of Democrats in the legislature have a plan to speed up the process. On top of previous hikes to the state's minimum wage, which have been a factor in many restaurant closures and staff reductions statewide, their new bill would create a 2026 ballot question asking voters to approve a minimum wage of $20-an-hour. If approved by voters, the question would also force restaurant owners to pay that $20 wage to tipped workers, as well. The bill is expected to be taken up by the Democrat-controlled Maryland House and Senate next month.


Montgomery County was the vanguard of the proletariat in the effort to raise the minimum wage in the previous decade. The Montgomery County Council was warned by business owners, the Maryland Retailers Association, and the Restaurant Association of Maryland that a significant wage increase would put many enterprises out of business. Their predictions came to pass, as Montgomery's already-moribund economy was slammed by the higher wage requirements, higher taxes and new regulations, and the Council's disastrous "Nighttime Economy" initiative that ended up destroying the nighttime economy. Bars, stores, and restaurants that had endured for thirty or fifty years, serving multiple generations of Montgomery County residents, were suddenly closing left and right.


The nightlife scene in Bethesda looks starkly different from what it was prior to the last decade. In fact, you can't really look at it at all, because it no longer exists. Along with record numbers of restaurant failures countywide, at least 24 nightspots closed in Bethesda alone. Downtown Bethesda's streets are now dark and lonesome after 9:00 PM. 

Demolition of Regal Cinemas Bethesda 10
cineplex in 2017

The impact of the Council's "Nighttime Economy" catastrophe in Bethesda was capped off when Barnes and Noble closed, and the Council allowed the town's only major cineplex to be demolished, without requiring the developer to replace the theater - even though the Minor Master Plan Amendment that permitted the demolition provided the Council with the authority to impose just such a requirement. The public plaza outside the former bookstore that previously teemed with crowds during warm weather was suddenly deserted. A "spaces available" sign outside the public parking garage at Bethesda Row that usually read "FULL" during the peak dinnertime hours now showed hundreds of spaces available. The counter was eventually deactivated to cover up the embarrassment.


There are now not only fewer restaurants in Montgomery County, but fewer restaurant workers, as well. Fast food establishments that haven't closed now sport touchscreens that eliminate the number of workers needed to man (or woman) the counter. Chains like McDonald's are on the verge of total automation, only slowed by the open revolt a speedy conversion to this technology would spur among unions, and the mainstream press that already delights in bashing restaurant chains that allow working class people to eat cheaply without government welfare assistance.


Many writing for the "Buzz Insider"-style websites, and even more among the world of TikTok "influencers," were fooled into believing McDonald's' new CosMc's concept is a super-cool place to film yourself waiting in an hour-long line of cars, to get a million video views of yourself making moronic faces while sipping a Sour Cherry Energy Burst. In reality, it is a test run for the "Fight for $25" future, a future of a single supervising employee monitoring an array of robots serving precisely-made Big Macs and Egg McMuffins.


Along with Governor Wes Moore's proposal to raise taxes on the "rich," the proposed wage hike will indeed speed up the bankruptcy process for mom-and-pop restaurants across Maryland. Restaurants - and most retail - are very slim profit margin businesses to start with. The margin is even slimmer in hellaciously-anti-business counties like Montgomery. Having elected officials who don't understand this, or much of anything about how business works, is always potentially fatal to the independent entrepreneur in MoCo and Maryland.


This financial illiteracy among our elected officials leads to measures such as the higher taxes, fees, and wages being proposed fast and furiously in Annapolis this month. It leads to a state where many elected officials and government employees end up making more money annually than the private businesses they regulate. But as we've seen already in Montgomery County, which fell from its lofty perch among the Forbes "Top Ten Richest Counties in America" list during MoCo's purge of the free enterprise system last decade, the more you pile on the taxes and wage hikes, the less revenue you get. Taxation is not only theft, but generates diminishing returns as rates increase. The more you squeeze, the less you get. 


Montgomery County has already reached rock bottom in the D.C. region, or close to it, in every significant economic development category compiled by the U.S. Bureau of Labor Statistics. Even Gov. Moore has admitted Maryland's economy is stagnant, and its economic and job numbers lag far behind the national average since 2017. Yet, Annapolis wants to again join Rockville in amplifying the assault on the small businessperson even further. The question for our representatives in Annapolis this year is, "How much lower do you want to go?"

PNC Bank opening new Wheaton branch


We knew PNC Bank would open a new branch in Wheaton, and now we know where. The company has leased a space at 2525 University Boulevard W., and is now in the process of moving in, as you can see below. This storefront was once home to a campaign office of former Montgomery County Executive candidate David Blair, and before that, McCormick Paints (now at 11147 Veirs Mill Road). The new Wheaton branch is one of a dozen PNC has added last year and this year in the region, after closing dozens of branches earlier this decade.





Monday, January 27, 2025

Contents of Burtonsville Subway to be auctioned off

This Subway logo welcome mat
could be yours!


Everything must go! That phrase, heard all too often at businesses across Montgomery County over the last decade, is now being applied to Subway in Burtonsville. The entire contents of the sandwich shop are going to be auctioned off online on February 7, 2025, according to the auction listing. Items, which range from the "OPEN" sign and dining room furniture to the walk-in freezer and kitchen doors, will have to be removed from the premises on February 11.

Photo courtesy Rasmus Auctions

Friday, January 24, 2025

Suspect arrested in Silver Spring stalking, sexual assault; more victims a concern


Montgomery County police have arrested a Rockville man in connection with a disturbing stalking and sexual assault case in Silver Spring. Police say the suspect approached the adult female victim earlier this month on January 10 and January 14. He then allegedly sexually assaulted her on January 16.

Marvin Alexander De Leon Siguenza, 36, was located and arrested later that day. He has been charged with stalking and 4th-degree sexual assault. However, detectives have expressed concern that the suspect may have preyed on additional victims prior to this.

Detectives are asking anyone who may have been a victim of Marvin Alexander De Leon Siguenza to call the Montgomery County Department of Police - 4th District Investigative Section at (240) 773-5530 or Crime Solvers of Montgomery County toll-free at 1-866-411-TIPS(8477).