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Posted: June 17, 2010

Job-killers and mergers

It's summer, and we're a little hot under the collar

Kelly Brough

Summer in the city -- and the livin' is not so easy. We have been getting some figures from Coloradans for Responsible Reform ( CFRR) on the impact of Amendments 60 and 61 and Proposition 101.

They estimate that, when fully implemented, these three initiatives can kill as many as 100,000 jobs - many of them private sector -primarily because when public entities bond capital investments (construction projects), much of that work goes to the private sector.

It just makes me shake my head - Colorado is finally coming out of the recession, and these three killers show up on the scene.

Colorado has already lost over 100,000 jobs in this recession, and to lose 100,000 more would absolutely devastate our economy. (As my Grandpa used to say, "it would really give us something to cry about.")

Speaking of jobs -- It seems as though merger year is upon us. Qwest and CenturyTel, United and Continental, Frontier and Republic - all announced mergers in recent months, and unfortunately, didn't deliver or keep headquarters in Denver.

While this gives us all pause, there is some additional information you should know.

Our EDC Chief Tom Clark points out that we have secured 38 headquarters since 2003. Furthermore, what really matters are jobs for Coloradans right now. And most agree the growth will really come in the smaller companies. Those employers under 100 employees, are slowly adding positions.

Since our mantra is jobs, jobs, jobs, we need to keep our focus there. Don't get me wrong -- if we can have both, we want them, but if we can only have one, we'll take the jobs every time.

So, now we'll work hard to show CenturyTel how we will support them and ensure their success in Colorado, so they keep the majority of those 7,900 jobs right here.
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Kelly J. Brough is the current president and CEO of the Denver Metro Chamber of Commerce. She previously served as the chief of staff and deputy chief of staff for Denver Mayor John Hickenlooper. She also served as a personnel analyst and a legislative analyst for the City and County of Denver. Kelly has served on a number of boards and commissions, including the Denver Metro Chamber Leadership Foundation board. She has a bachelor's degree in sociology and criminal justice from Montana State University and an MBA from the University of Colorado at Denver.

Enjoy this article? Sign up to get ColoradoBiz Exclusives. The opinions expressed in this article are solely that of the author and do not represent ColoradoBiz magazine. Comments on articles will be removed if they include personal attacks.

Readers Respond

I really, truly wish that the Right would stop misusing the word "Socialism." This is their new label for everything they don't like since "Liberal" got old. Socialism is a social system where the means of production are owned by the State. This does not describe America, nor the desires of those in political or business power. Kelly Brough and the Metro Denver Chamber of Commerce are about as far from Socialism as a cow is from Stephen Hawking. They are firmly in the Capitalist fold. Columnists, by the way, are expressing only their own opinion, not that of the publication. Diversity of opinion is GOOD, although certain elements of the Right want to have everyone marching in lockstep and get furious if someone doesn't happen to agree with their philosophy. And Monte....every time someone has to pay a tax it isn't "Socialism." Capitalist countries also must have taxes that must be paid. No one likes to pay taxes. But it is a necessary evil. By John Heckers, MA, CPC, BCPC on 2010 06 18
Mis. Brough, businesses across Colorado also have to pay the high taxes that prop 101 addresses. I think you should be writing for the Denver left coast Post not the Coloradobiz magazine. Maybe you should change your name to Coloradosocialistbiz magazine as your buisness acumen seems to be limited. By Monte Schmidt on 2010 06 17

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