Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > Colorado
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 10-01-2012, 03:30 PM
 
8,317 posts, read 29,357,988 times
Reputation: 9305

Advertisements

Quote:
Originally Posted by :)> View Post
This is starting to get a little one sided. I just want to post again to let the OP that it's not all doom and gloom. I'm not sure exactly where the other folks are talking about but Denver and north, in the "I25 corridor," there are new business opening and new house construction is resuming all around us. Banks are being more careful with their screening but they are loaning and interest rates are at historic lows. Used home sales, even in the 1/2 million dollar range (a notoriously slow range) are solidly up. Car sales of new and used cars (and prices too) are very high.

It is not all doom and gloom. There are solid signs of recovery. Yes, many wish things would get better faster but they are getting better.
The area north of Denver in the I-25 corridor is the chief beneficiary of the oil drilling boom and associated business activity now ongoing in the Wattenberg Field. That has a lot to do with why that area is outpacing the remainder of the state. That should not be extrapolated to indicate that the rest of the state is in good shape economically. It is not.

And, like all natural resource booms, they are usually transitory.
Reply With Quote Quick reply to this message

 
Old 10-01-2012, 04:04 PM
 
Location: Wherabouts Unknown!
7,841 posts, read 18,925,448 times
Reputation: 9579
wanneroo wrote: Job security has always been a myth, it's just that when the economy is good and growing, it's far easier to get a new job or switch to another. Or likely a company will have a better chance of staying in business and hence keeping people employed.

Amen to that!



wanneroo wrote: What is going on right now is just like the Great Depression where the government constantly imposed new programs, taxes and regulations on business that swallowed up investment income and increased expenses on business. Everyone I talk to who owns a business is now constantly trying to keep up with all that and worried about what comes next. There are very few businesses I know of where the owners feel secure from month to month. Banks don't want to lend, people are scared of what comes next so they don't spend and they horde what they can. Money has stopped flowing through the economy and with good reason.

Business owners feeling insecure goes beyond the regulation issue, which is certainly a contributing factor. A bigger peice of the pie is that their potential customers simply don't have the money to spend because they have no jobs or jobs that don't pay very well and/or their savings got wiped out during the big bust a few years ago when the bankers ran off with everyones money. Blaming it on governement regulation doesn't hold much water. That's mostly right wing, conservative bluster.
Reply With Quote Quick reply to this message
 
Old 10-01-2012, 08:23 PM
 
9,846 posts, read 22,575,838 times
Reputation: 7737
Quote:
Originally Posted by CosmicWizard View Post
wanneroo wrote: Job security has always been a myth, it's just that when the economy is good and growing, it's far easier to get a new job or switch to another. Or likely a company will have a better chance of staying in business and hence keeping people employed.

Amen to that!

wanneroo wrote: What is going on right now is just like the Great Depression where the government constantly imposed new programs, taxes and regulations on business that swallowed up investment income and increased expenses on business. Everyone I talk to who owns a business is now constantly trying to keep up with all that and worried about what comes next. There are very few businesses I know of where the owners feel secure from month to month. Banks don't want to lend, people are scared of what comes next so they don't spend and they horde what they can. Money has stopped flowing through the economy and with good reason.

Business owners feeling insecure goes beyond the regulation issue, which is certainly a contributing factor. A bigger peice of the pie is that their potential customers simply don't have the money to spend because they have no jobs or jobs that don't pay very well and/or their savings got wiped out during the big bust a few years ago when the bankers ran off with everyones money. Blaming it on governement regulation doesn't hold much water. That's mostly right wing, conservative bluster.
$444 Billion in the past 4 years is the tally in government compliance costs imposed on business. The obama administration on average has been cranking out new regulations and dictates that cost business in excess of $10 billion a month. obamacare is going to add another pile of costs. What I would advise you to do is start talking to people that own businesses, both large and small. It might be quite informative. If you want to believe it's some sort of conservative bluster, I believe you are factually incorrect as those costs have to be paid somehow. All it does is add unnecessary costs to products and services, especially at a time when the economy is weak.
Reply With Quote Quick reply to this message
 
Old 10-02-2012, 01:02 AM
 
Location: Sunnyvale, CA
6,288 posts, read 11,717,064 times
Reputation: 3369
Quote:
Originally Posted by wanneroo View Post
Everyone I talk to who owns a business is now constantly trying to keep up with all that and worried about what comes next. There are very few businesses I know of where the owners feel secure from month to month. Banks don't want to lend, people are scared of what comes next so they don't spend and they horde what they can. Money has stopped flowing through the economy and with good reason.
There are at least a couple areas that are doing well, one is Silicon Valley and the other, from what I hear, is the oil industry.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Settings
X
Data:
Loading data...
Based on 2000-2020 data
Loading data...

123
Hide US histogram


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > Colorado
Similar Threads

All times are GMT -6.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top