Economic dependents increasing.

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WantingToServe11 -> Economic dependents increasing. (4/11/2010 3:42:31 PM)
http://cbs4denver.com/local/Report.Colorado.is.2.1625517.html DENVER (AP) ― Colorado is growing more dependent on aid from the federal government. According to the U.S. Bureau of Economic Analysis, 13 cents of every $1 that Coloradans earned in personal income during the fourth quarter of last year came from the government. That is up from 9.7 cents on the dollar before the recession started and 8 cents on the dollar in early 2001. The Colorado Legislative Council predicts that as the recession wears on, Colorado will grow more dependent on the government. A preview published Sunday by The Denver Post predicts that in the third quarter of 2011, aid from the federal government will be 13.6 percent of personal incomes in the state. ___ Information from: The Denver Post, http://www.denverpost.com (© 2010 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.) Why are States like Colorado becoming more dependent on the Federal Government? Please give a more detailed explanation other than "the recession."

mefisto69 -> RE: Economic dependents increasing. (4/11/2010 5:47:06 PM)
well don't just sit there - start selling all that snow

pahunkboy -> RE: Economic dependents increasing. (4/11/2010 5:50:08 PM)
SO the .13 is part of CO domestic product?

Lucylastic -> RE: Economic dependents increasing. (4/11/2010 6:03:19 PM)
Companies cutting off the workforce to ensure their bottom line is lining the shareholders and managements pockets? Lazy people moving to Colorado and sucking of the states tit? Lack of good retraining for people who have lost their jobs? Greed, corruption, ignorance???? Not coming from colorado, I dont have a clue, to be able to give an informed response would mean a lot of research and honestly... I have more important and fun stuff to do This is a tongue in cheek response, are you too lazy to do the work yourself??

thishereboi -> RE: Economic dependents increasing. (4/11/2010 6:26:33 PM)
Well, DS is from there and I always liked John Denver, so what the hell. If they need a bit more, who am I to bitch. Let em have it.[:)]

DarkSteven -> RE: Economic dependents increasing. (4/11/2010 6:35:59 PM)
Colorado Springs is home to the Air Force Academy and two major AF bases (Schriever and Peterson IIRC), as well as an Army base. Denver has the mint. I believe that the FBI has a big base here as well. There is also a lot of Federal land administered under the BLM. That's all off the top of my head. If the number includes all the contractors in Colorado Springs that get paid from government contracts, I might believe that number. That would include the Lockheed Martin facility, the UAL contract, a bunch of contractors like Boeing in Aurora, etc. If so, then the number reflects defense spending mostly, and the increase is likely due to a hike in defense spending and a slowdown in the general economy.

Musicmystery -> RE: Economic dependents increasing. (4/11/2010 7:42:06 PM)
quote: The Colorado Legislative Council predicts that as the recession wears on Someone should let them know the recession ended 9 months ago. I suspect they are actually talking about continued high unemployment.

slvemike4u -> RE: Economic dependents increasing. (4/11/2010 7:42:53 PM)
quote: ORIGINAL: DarkSteven Colorado Springs is home to the Air Force Academy and two major AF bases (Schriever and Peterson IIRC), as well as an Army base. Denver has the mint. I believe that the FBI has a big base here as well. There is also a lot of Federal land administered under the BLM. That's all off the top of my head. If the number includes all the contractors in Colorado Springs that get paid from government contracts, I might believe that number. That would include the Lockheed Martin facility, the UAL contract, a bunch of contractors like Boeing in Aurora, etc. If so, then the number reflects defense spending mostly, and the increase is likely due to a hike in defense spending and a slowdown in the general economy. In other words the sky isn't falling?

DarkSteven -> RE: Economic dependents increasing. (4/11/2010 8:08:37 PM)
quote: ORIGINAL: slvemike4u quote: ORIGINAL: DarkSteven Colorado Springs is home to the Air Force Academy and two major AF bases (Schriever and Peterson IIRC), as well as an Army base. Denver has the mint. I believe that the FBI has a big base here as well. There is also a lot of Federal land administered under the BLM. That's all off the top of my head. If the number includes all the contractors in Colorado Springs that get paid from government contracts, I might believe that number. That would include the Lockheed Martin facility, the UAL contract, a bunch of contractors like Boeing in Aurora, etc. If so, then the number reflects defense spending mostly, and the increase is likely due to a hike in defense spending and a slowdown in the general economy. In other words the sky isn't falling? I can't say whether it is or isn't. The article is so bad that I can't even tell whether the defense contracts are considered to be government funded - you could make an equal case that they're private sector because the employees draw paychecks from private business. I made a huge omission previously in that I forgot the National Renewable Energy Lab in Golden, which obviously should get increased funding under Obama.

WantingToServe11 -> RE: Economic dependents increasing. (4/11/2010 8:55:13 PM)
quote: ORIGINAL: DarkSteven quote: ORIGINAL: slvemike4u quote: ORIGINAL: DarkSteven Colorado Springs is home to the Air Force Academy and two major AF bases (Schriever and Peterson IIRC), as well as an Army base. Denver has the mint. I believe that the FBI has a big base here as well. There is also a lot of Federal land administered under the BLM. That's all off the top of my head. If the number includes all the contractors in Colorado Springs that get paid from government contracts, I might believe that number. That would include the Lockheed Martin facility, the UAL contract, a bunch of contractors like Boeing in Aurora, etc. If so, then the number reflects defense spending mostly, and the increase is likely due to a hike in defense spending and a slowdown in the general economy. In other words the sky isn't falling? I can't say whether it is or isn't. The article is so bad that I can't even tell whether the defense contracts are considered to be government funded - you could make an equal case that they're private sector because the employees draw paychecks from private business. I made a huge omission previously in that I forgot the National Renewable Energy Lab in Golden, which obviously should get increased funding under Obama. The points you have brought up is exactly why I was asking my question. This article is so blunt and lacking in information that it appears it's all fear mongering. This is one of the biggest reasons why I hate the lamestream media. They never show what the numbers imply; where the numbers come from, and how the study was conducted. Perhaps this article has a deep dark agenda to it by trying to impose thoughts of political bias to those that read it? In other words, this article and many like it are trying to maintain the political division of our nation through subliminal type messaging.

Silence8 -> RE: Economic dependents increasing. (4/11/2010 9:30:28 PM)
quote: ORIGINAL: Musicmystery quote: The Colorado Legislative Council predicts that as the recession wears on Someone should let them know the recession ended 9 months ago. I suspect they are actually talking about continued high unemployment. Who drew the line, again? No, seriously, I don't remember. (I really don't remember.) [:D]

Musicmystery -> RE: Economic dependents increasing. (4/11/2010 9:53:28 PM)
What are you talking about? It's a matter of definition. Since the third quarter of 2009, we've been in positive growth--including a rather robust 5.6% in the fourth quarter. And two consecutive quarters has been the definition ever since we started calling them recessions and recoveries. Or do you mean where is the line on "high" unemployment?

Silence8 -> RE: Economic dependents increasing. (4/11/2010 10:37:09 PM)
From the way you said it, I thought that maybe some official-seeming review board or governmental committee had affirmatively proclaimed the recession 'over!' one day 9 months ago.

popeye1250 -> RE: Economic dependents increasing. (4/12/2010 12:21:37 AM)
quote: ORIGINAL: Musicmystery What are you talking about? It's a matter of definition. Since the third quarter of 2009, we've been in positive growth--including a rather robust 5.6% in the fourth quarter. And two consecutive quarters has been the definition ever since we started calling them recessions and recoveries. Or do you mean where is the line on "high" unemployment? Not here, we have 14 to 17% unemployment here. Try telling all those people there's "no recession." "Hey Obama, It's the ecoomy Stupid!"

pahunkboy -> RE: Economic dependents increasing. (4/12/2010 3:11:03 AM)
Chapman does not think CO Springs? (mil thingee) will be a good place for people to be around in the coming years. The CIA is moving its crap from DC to CO.... to what is deemed a "NWO City"

eyesopened -> RE: Economic dependents increasing. (4/12/2010 4:45:40 AM)
The article said nothing. What kind of "aid" are Coloradans receiving? I lived in Wyoming in 1979-1083. I worked for US Geological Survey. Even back then, we drove down to Denver once a month for a meeting at the Federal Tech Center. Colorado Springs and Denver have been a center for Federal agencies for a very, very long time. I would venture to guess that if someone did some homework, there were times in our recent past where a very large percentage of the labor force worked for "the goevernement" in one capacity or another. Perhaps even more than today. No. The sky isn't falling.

vincentML -> RE: Economic dependents increasing. (4/12/2010 5:56:35 AM)
quote: ORIGINAL: popeye1250 Not here, we have 14 to 17% unemployment here. Try telling all those people there's "no recession." "Hey Obama, It's the ecoomy Stupid!" True for south Florida also and yet amazingly difficult to get a restaurant reservation on a Saturday night.

Musicmystery -> RE: Economic dependents increasing. (4/12/2010 9:11:59 AM)
quote: Not here, we have 14 to 17% unemployment here. popeye, that's 1/6 of work force. Seriously--one of every six people out of work where you live?

Moonhead -> RE: Economic dependents increasing. (4/12/2010 9:34:04 AM)
Has anybody mentioned that ensuring a healthy block of wellfare dependents is a tactic beloved of monetarists who find it a useful way of driving the minimum wage down yet?

Moonhead -> RE: Economic dependents increasing. (4/12/2010 9:36:57 AM)
quote: ORIGINAL: DarkSteven quote: ORIGINAL: slvemike4u quote: ORIGINAL: DarkSteven Colorado Springs is home to the Air Force Academy and two major AF bases (Schriever and Peterson IIRC), as well as an Army base. Denver has the mint. I believe that the FBI has a big base here as well. There is also a lot of Federal land administered under the BLM. That's all off the top of my head. If the number includes all the contractors in Colorado Springs that get paid from government contracts, I might believe that number. That would include the Lockheed Martin facility, the UAL contract, a bunch of contractors like Boeing in Aurora, etc. If so, then the number reflects defense spending mostly, and the increase is likely due to a hike in defense spending and a slowdown in the general economy. In other words the sky isn't falling? I can't say whether it is or isn't. The article is so bad that I can't even tell whether the defense contracts are considered to be government funded - you could make an equal case that they're private sector because the employees draw paychecks from private business. I made a huge omission previously in that I forgot the National Renewable Energy Lab in Golden, which obviously should get increased funding under Obama. I think that your defense contractors tend to be what we call Quangos over here: Quasi Autonomous, Non Goverment Organisations. They have all of the perks of being government agencies without any of the downsides, like accountability or answering to anybody in the Government.

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