Chairman's Corner
What is the long-term legacy of the Recovery Act?
by Don Elliman, Chairman of the Colorado Economic Recovery and Accountability Board
It has been a year and a half since the Recovery Act was signed into law here in Denver by President Obama. Billions of dollars have flowed into Colorado, and billions more will come over the next year. The funds have created and saved well over 10,000 jobs across the state, funded critical infrastructure projects and helped millions of Coloradans with increased safety net and unemployment benefits. And that’s just part of the law’s total impact. As I have said before, the Recovery Act is not just about a job number. It is shifting the economy in a new direction by investing in the growth industries of today – energy, healthcare information technology and high-speed Internet. These investments will continue to help our country for decades to come. Time Magazine recently published a news story that explores the long-term legacy of the Recovery Act, especially as it relates to the energy industry. I think it’s spot on.
>>> Click here to view past blog posts from Chairman of the Board, Don Elliman