Economy/Politics

The coming coder wars: Part two

(Editor's note: This is the second of two parts. Read Part one.) The anticipated retirement of in-house talent and the coming shortage Cobol programmers were a primary drivers behind NYSE Euronext’s decision to reengineer 1 million lines of Cobol on…

First, the good news

The dismal science of economics typically focuses on bad news. We clearly face many significant challenges.  However, there are also many favorable developments taking place within the U.S. economy. Here's some good news: Consumer-owned stocks rose by $4 trillion in the past…

Finishing this sentence

…those seeking the Presidency would discuss critical issues facing the American people, instead of so many side issues …European political leaders would finally and fully address the Continent’s sovereign debt challenges …we weren’t running a federal budget deficit this year…

Slow growth beats no growth

The “good” news?  The U.S. economy has now been in growth mode for 33 months, ever since the Great Recession ending in June 2009. The “bad” news? U.S. economic growth has averaged a 2.4 percent real (inflation adjusted) annual growth pace since…

I'll gladly pay you Tuesday...

There have been a great many articles written about Colorado’s House Bill 1046, and most have been against it. This one is too, but for a different reason. In case you don’t know, HB 1046, sponsored by Republican Rep. Jerry Sonnenberg, attempts to require those seeking public assistance to pass a...

The economic doomsayers

I do not think much of those economic forecasters whose only message is, and nearly always has been, that U.S. economic and global collapse is just around the corner. They do sell a lot of books and high-priced newsletters…after all,…

Us...and them

There’s been a lot of talk lately about class warfare, usually involving taxes and the rich. It’s a discussion worth having, but we’re starting on the wrong square. The debate should begin with the Winners and the Losers - and who is which. (Nod to Kurt Vonnegut.) Forget America for a second, and...

Power of the pool

Richard Betts has witnessed the strain of the health-care crisis from all sides. As CEO of an 18-employee company, Betts knows the struggle of insuring workers amid ever-increasing premium hikes. And with 6,000 clients across the state using his accounting…

CEBA Winner: Denver Rescue Mission

The Denver Rescue Mission, which calls itself the oldest full-service Christian charity in the Rocky Mountain region, provides food, shelter and medical care. The nonprofit, known for its "Jesus Saves" sign outside the Lawrence Street shelter, also helps return people…

Black gold

Five percent or more of the oil consumed in Colorado comes from a sticky, black substance called bitumen, which is mined 1,600 miles to the north in a forested, boggy region of the Canadian province of Alberta. The locals in Fort McMurray, the center of the mining operations, and at corporate head...

Renaissance manufacturing

The common wisdom is that we have lost our ability to “make things” in this country, lost it to China, Mexico and others.  Our nation is now a place where we simply trade information with each other and serve each…

Jobs forecast: Sunnier skies

After three years of essentially lousy employment reports, the January 2012 report was simply better. Job growth exceeded expectations, it occurred in almost every employment classification, hours worked in various sectors rose and the unemployment rate ticked down for the fifth…