Study finds that Colorado State Workers Spur Economic Growth
A new study from the Colorado Fiscal Policy Institute shows that not only does the state workforce perform essential services, but that it also helps to spur economic growth in Colorado.
Colorado's classified state workforce create an estimated 21,000 private sector jobs and $3 billion in private-sector activity. For every state job (classified), another 0.6 jobs are created in the state economy. To read the complete study, click here.
The Gap Between Public And Private Sector Wages
A new report finds that the gap between public and private sector wages has widened, making public sector jobs less competitive than they were 20 years ago. The study also found that even after factoring in public sector employee benefits such as health care and pensions, that state and local public sector employees are paid significantly less than their private sector counterparts. Click
[here] to download this report.
Misunderstandings Regarding State Debt, Pensions and Retiree Health Costs Create Unnecessary Alarm
A new analysis by the Center for Budget and Policy Priorities (CBPP) finds that recent reports which claim that state and local governments risk immediate economic ruin unless drastic actions is taken are exaggerated and misleading.
The analysis finds that most state deficits are caused by the weak economy and that while state revenues have stabilized they still remain well below pre-recession levels. As revenues dropped, the need for public services increased, stressing state services. Read the full report [here].
Colorado WINS: Stressed to the LimitA recent report,
Stressed to the Limit, found that Colorado drastically under-invests in critical state assets, has the leanest workforce in the region and that the State's workforce provides superior services for less pay. Click [
here] to read the report.
EPI: Debunking The Myth Of The Overcompensated Public Employee
A new Economic Policy Institute analysis
[ click here ] of Republican House Minority Leader John Boehner's recently-proposed two-step job creation plan finds that it would have a net job impact of one million fewer jobs nationwide. Boehner's plan, which calls for a cut in non-security-related spending to fiscal year 2008 levels and a two-year freeze on all current tax rates, would drastically reduce the budgets of basic human needs and investment programs while extending the Bush tax cuts for the wealthy. At a cost of one million jobs, this plan would reduce the deficit by a negligible amount - less than 5.5% in 2011. If his proposed tax policies are made permanent, as he has advocated, it would significantly worsen the long-term budgetary outlook.
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