- Banned
- #46
It's all a money grab. The State promised big things from Vestas. Big things for small towns. I live in Brighton and the nacelle plant was supposed to be this great supplier of good paying jobs.Well it's ongoing, a few bits from the Denver Biz Journal:
While Colorado has recently focused on luring Australian companies to relocate or expand in the state, including launching a first-of-its-kind AUSDenver Business Hub here, the largest approved incentive offer at Thursday's EDC meeting went to "Project Chamomile," a health tech company that was the first to develop a clinically proven target treatment for diabetes.
EDC voted to offer $6.9 million in job growth incentive tax credits to the company.
Now the EDC can only offer incentives if the targeted companies create jobs that are equal or above the area's avg wage - the Project Chamomile above is a firm headquartered in San Fran, so the wage stipulation is a no brainer for the firm but talk about fanning an inflationary spiral and the resulting gentrification issues. Not totally anti-growth but offering incentives to a lot of companies that would likely relo to CO anyways is beyond my comprehension.
In reality, it's a bunch of mediocre paying temp to hire jobs with round after round of layoffs.
But wether it was a trip to Denmark for is family or cash, I'm sure Ritter was well compensated.
This will continue as long as we have career politicians. Term limits won't help. As they can do 2 terms here, 2 there, 3 here, and make a career out of it.
The only way I can think of to stop it is to go to a political draft. Put all eligible (increase eligibility requirements if we want) people into a hat and draw a name.
"Mr Dtech, you've been selected to act as US Senator for the term of two years."
Just like military service we could require employers to retain their job.
It'd be real shitty for a couple decades. But in the long run I think we'd be better off.
Sponsored
