Justin Fairfax believes in Virginia’s economic prosperity, and therefore he came up with the agendas that will spearhead the growth and improvement of the economy. His manifestos to cushion the economy include; grow small businesses, increase the minimum wage, and expand workforce training and development. However, for Justin to achieve these, he should consider threats that may hinder his promises to Virginia’s people. I strongly feel the measures he has put in place will not help cushion the economy due to Virginia. Even if he is elected, no significant changes in the economy
A large Virginians operate small businessntreprises that were greatly affected by the Corona virus.The revenues collected from the small business declined with asignifacnt margin compared to other years, thus the government of Virginia also was stranded on how to b alance the economy.Although Justin and his wife runs a small business at Virginia and knows the best ways of providing condusive environment it wsould be hard because there would be sources of relief to improve the welfare of small business operrators.
Additionally ,Justin looks forward to increase minimum wages of the Virginia workers to support and create economic security for their families.If Justin increases minimum wages he will be killing the economy of Virgnia, if Virgians receive increase in their wages, there will be a rise in consumer spending.Higher spending will cause knock on effects in the economy of the Virginia and thus causing lower employment which leads to negative impact on the economy of Virgina.
Further, Justin wants to expand the workforce training and development in middle skills individual among th people of Viginia but this has already been done since most of the Virgians are semi skilled and have the qualifications to perform other professioinal job. The government of the day has set up vocational treaining institutions where the people are equipped with the necessarily skills and therefore they Virgians provide skilled labor.