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Tag: colorado economy

  • Businesses say they’re almost twice as worried about Colorado’s economic future as nation’s

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    DENVER — Colorado businesses said they’re almost twice as worried about our state’s economic future as they are about the nation’s.

    This is from the Colorado Business Roundtable survey that just came out.

    The survey asked 50 business executives about what’s concerning them. The responses point toward Colorado’s affordability issues and policies supporting workers.

    “What we’ve been seeing over time is really the layering on effect of regulation, rules for businesses that really add a cost of doing business to Colorado,” Colorado Business Roundtable President Debbie Brown said. “When the economy is strong, our view is that everybody benefits. But also, as a former small business owner, I really appreciate the fact that unneeded regulation and overburden regulate regulatory environment can really dampen that system for everybody.”

    Brown owned a consulting firm when Proposition 118 was voted into law in Colorado in 2020. It was enacted last year and guarantees the right to paid family or medical leave.

    While it’s a good move for worker rights in Colorado, it only adds to the cost of doing business here.

    Brown said when you add on Denver’s minimum wage — which is among the top in the nation — and housing affordability issues, 65% of the executive surveyed said state policy is having a negative impact on business versus 47% blaming national policy.

    Businesses almost twice as worried about Colorado’s economic future as U.S.

    65% of respondents also said they expect Colorado’s business climate to trend downward in the future, compared to 35% saying they expect the national climate to do the same.

    “For many, many years, we’d have a positive net migration of folks flocking to Colorado, and now we’re seeing that stagnant or declining [because of affordability],” Brown said. “So to some degree, that puts pressures on businesses in terms of workforce talent strategies.”

    Despite these numbers, 60% of executives said they plan to keep or grow their workforce here in Colorado, which Brown said points to the desire our state provides.

    Denver7 | Your Voice: Get in touch with Dan Grossman

    Denver7 morning anchor Dan Grossman shares stories that have an impact in all of Colorado’s communities, but specializes in covering consumer and economic issues. If you’d like to get in touch with Dan, fill out the form below to send him an email.

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  • Former ICE field director seizes on immigration in race against Rep. Jason Crow to represent Aurora

    Former ICE field director seizes on immigration in race against Rep. Jason Crow to represent Aurora

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    John Fabbricatore enforced federal immigration laws in his position as an ICE field office director until two years ago, and now he hopes to help secure America’s borders as a congressman.

    The Republican candidate in Colorado’s 6th Congressional District is drawing on his career with U.S. Immigration and Customs Enforcement as he runs against U.S. Rep. Jason Crow in the Nov. 5 election. Crow, a Democrat, just finished his third term in Congress as the representative of the district, which includes Aurora, Littleton, Englewood, Greenwood Village and Centennial.

    The odds weigh heavily in Crow’s favor. The nonpartisan Cook Political Report doesn’t consider the fight for the 6th District to be competitive. It’s ranked as solidly Democratic, in part because Crow, 45, won all three of his elections by double-digit percentages and redistricting in 2020 resulted in boundaries more favorable to Democrats.

    That’s a change from 2018 when the district was seen as a battleground and Crow won his first race by unseating then-U.S. Rep. Mike Coffman, now Aurora’s mayor.

    But this time, Fabbricatore, 52, says voters are looking for a candidate who will prioritize the economy and lower taxes — and he contends that he’s the person for the job.

    “They want someone that wants to fight,” Fabbricatore said.

    He and Crow share certain traits. They’re both veterans: Fabbricatore served in the U.S. Air Force, and Crow was an Army Ranger. They’re hunters, each having longstanding experience with firearms. Neither hails from Colorado originally, with Fabbricatore raised in New York City and Crow in Madison, Wisconsin.

    And the candidates, both fathers of two children, reside in Aurora.

    Beyond that, their stances on major issues diverge — including on immigration, which Fabbricatore refers to as his “subject matter expertise.”

    He argues jobs are going to immigrants compensated with lower wages, taking positions that could be filled by Americans for higher pay. Fabbricatore says he supports “legal, vetted” immigration and more stringent enforcement of existing laws.

    “If we actually just enforce those laws, we will be doing much better than we are doing today with immigration,” he said.

    In recent weeks, Fabbricatore has raised the alarm alongside former President Donald Trump and other conservatives about the presence of Venezuelan gangs in Aurora — while Crow has called out exaggerations and criticized Trump for distorting the problems in certain apartment complexes.

    Crow notes that he represents “one of the most diverse districts in the nation,” with nearly 20% of his constituents born outside of the U.S. He wants to use federal grants and other programs to help immigrants and defend them against racist rhetoric.

    He said he backed a bipartisan immigration deal that ran aground earlier this year after failing to earn enough Republican support. It would have boosted the number of border patrol agents, immigration judges and officers that oversee asylum cases, as well as established more legal pathways for migrants and others without documentation.

    Fabbricatore said in a Denver Post candidate questionnaire that he would not have supported the bipartisan bill, instead preferring another bill with a greater focus on border security.

    Gun violence is what motivated Crow to run for office. He backs a ban on assault weapons and supports universal background checks. He’s also working to pass a bill that would apply the same restrictions to out-of-state residents when they purchase long guns and shotguns as they face when buying handguns — requiring that the gun be shipped to a federally licensed seller in their home state, with a background check performed there.

    Gun violence is “just an unacceptable, avoidable, ongoing national tragedy,” Crow said. “We don’t have to live with mass shootings.”

    Fabbricatore says he believes in gun rights and is instead pushing for investments in mental health.

    The candidates differ on abortion. Crow favors abortion rights, saying he aligns with the majority of Coloradans who back legal access to abortion — and he would support a federal law establishing that as a right. Fabbricatore says Congress should leave abortion’s legal status to the states. He opposes abortion, but he says he recognizes a need for exceptions, including in cases of rape.

    “Having been someone who worked in sex trafficking and saw what many women went through, I could never tell a woman that she couldn’t have a medical procedure to end what happened to her,” he said.

    Fabbricatore points to the economy as his No. 1 issue, saying it’s impacted by energy policy and immigration. He sees Colorado’s potential to participate in the energy sector through solar, wind, fracking and coal.

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    Megan Ulu-Lani Boyanton

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