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Denver Economy - Alabama

 
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PostPosted: Mon Dec 07, 2015 3:00 pm    Post subject: Denver Economy - Alabama Reply with quote

PeakTrader:

Before 1990, Denver was considered a “cow town.” After 1990, high-skilled workers from other states, particularly California and Texas, drove Denver’s economy.

The Denver Tech Center, 10 miles southeast of Downtown Denver, grew faster than Silicon Valley. While the private sector created dozens of tech campuses, impressive new malls, and upper middle class housing tracts, replacing empty fields all the way to the mountains in the west and Castle Rock in the south, it also created a bigger tax base and facilitated its growth.

So, Downtown Denver was able to build three new pro sports stadiums, a new convention center, a huge central library, renovate lower downtown, repave the streets, rebuild the sidewalks, construct an international airport, a light rail system, etc..

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Samuel:

Dear Peak Trader,

What you say is interesting. Sometimes, I think that the policies currently being put forward in Wisconsin (such as cuts in education, anti-Union, etc.) is leading to this:

A grim bargain
Once a weakness, low-skilled workers who get paid little have become the Deep South’s strength
http://www.washingtonpost.com/sf/business/2015/12/01/a-grim-bargain/

Here is a quote from the article:

“Our government, they sold us down the river,” Deshler said. “They can go to hell.” His dad asked Deshler if he wanted to quit.

Instead, Deshler did something else. He started talking at work to Joseph Boykins, a fast-talking shift worker — “almost a televangelist type,” Deshler said — who had been trying for weeks to drum up interest in a union. Unions in the South were far less common than in the rest of the nation, and Deshler’s dad had always said that unions weren’t worth the trouble.

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PeakTrader:

Samuel, your article is mostly the view of one person. However, the article says half of the applicants for the new Chinese plant were rejected, because of felonies and failing drug tests, which says a lot about the community.

The article also says the average machinist earns $19 an hour in Alabama, which is a good middle class wage for Alabama, particularly with overtime.

Unions isn’t the answer, because they typically don’t promote work, and more work is needed to help build a business and a community. Also, if Americans want an education, there are more than enough opportunities.

I don’t know what the complaint is about government, except attracting a business by giving it a tax break. Would the community be better off without that business?

****

Bellanson, my point is a brain drain in one area causing a brain gain in another area has huge economic effects on both areas.

Although, the population in Colorado is much smaller than California, it has one of the highest educated workforces compared to other states.

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