The Economy

There's a lot of election year rhetoric whirring around as if we live in a giant blender right now, but what is the truth about the economy? Does GDP tell the tale? Is it even possible to correct this ship now? Bill Clinton got credit for turning around an economy that was pretty rotten, but what really turned things around was the development of the PC and the internet. Is there anything out there on the horizon that is even close to those developments that could jump start this sagging economy?

Fracking been an economic miracle for N. Dakota.

Blazer Bob wrote: Fracking been an economic miracle for N. Dakota.

Do you think we should start fracking in Colorado?

archer wrote:

Blazer Bob wrote: Fracking been an economic miracle for N. Dakota.

Do you think we should start fracking in Colorado?

If it is economic to do so.

What would be the criteria? Would putting the tourist industry in jeopardy be a worthwhile swap for the jobs and money it brings in?

archer wrote: What would be the criteria? Would putting the tourist industry in jeopardy be a worthwhile swap for the jobs and money it brings in?

That would be up to local and state government.

I am not a geologist but I suspect there would not be much conflict between tourism and oil shale.

Judging by what has happened in ND....really, do you want to go there as a tourist?

My concern is that the fracking, and the resultant "boom" that it brings with it (until, inevitably, it ends) fundamentally changes the nature of the area.

archer wrote: My concern is that the fracking, and the resultant "boom" that it brings with it (until, inevitably, it ends) fundamentally changes the nature of the area.

Anything that brings an economic boom will cause changes. What was silicon valley like before silicon? What was Detroit like before Henry Ford?

Change is inevitable, stagnation is death.

I don't disagree with that...but to me, Colorado is special. I've lived all over the US.....some places rural, some big cities, north, south, east...and this is as far west as I got. I just hate to see it become a Detroit, or a Silicon Valley. I don't see catering to the tourist and ski industry as being stagnant, surely Colorado is growing, and people move here every day, but maintaining what Colorado is, and what it means to the residents and visitors alike, is important too.