…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 much 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.”)