With a yawning budget deficit ahead and without a rapidly growing private sector, the governor’s promises for large systemic changes face tough economic headwinds.
As he sets about delivering on transformational campaign promises, state analysts are predicting that budget deficits will sprawl to $1.8 billion annually after his term ends — in large part to an ambitious education program beloved by state Democrats.
“There’s no reason to look at the assets that we have in the state of Maryland and then say, ‘Oh, by the way, our economy is the same size as it was four years ago,’ ” Moore said Thursday. “That makes absolutely no sense. And it just means that we have not been intentional, and our economy has been lazy.”The data backs him up: Adjusted for inflation, Maryland’s economy grew by a measly 0.2 percent between 2018 and 2022, compared to 3.1 percent in neighboring Pennsylvania and 7.
on national talk shows. Just last weekend, he appeared in Martha’s Vineyard for a fundraiser with Vice President Harris.cut taxes for retirees and launch major infrastructure projects.
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