Immigrants continue to play crucial role in U.S. economy

The United States economy continues to suffer. A pandemic struck in March and April 2020, with its effects lingering to this day. The economy took a nose dive and has struggled to recover. Amidst this struggle, entrepreneurs, businesses, investors and workers have been thrashed by raging inflation, a decline in real gross domestic product in […]

Connecting the dots a valuable use of time

As my stories in this issue of the Business Times reflect, I spent a lot of time over the past two weeks covering meetings and news conferences. That included the Grand Junction Area Chamber of Commerce state of the valley and legislative update meetings. That also included news conferences announcing an initiative to reduce tuition […]

Bad policies increase likelihood of recession

With the change in real gross domestic product turning negative in the first quarter of this year, a question keeps popping up: Are we headed into a recession? While the National Bureau of Economic Research is the official arbiter of when recessions start and end, the definition is the economy contracts for two consecutive quarters. […]

In celebrating small businesses, don’t forget role of Big Tech

In celebrating the efforts of small businesses, elected officials and policymakers must also celebrate the drivers of entrepreneurship and small business growth — and that includes Big Tech. Companies usually targeted by politicians and their appointees —  Amazon, Apple, Facebook and Google, among them —  have taken the entrepreneurial journey from startups to wildly successful […]

Danger for the dollar: Could the world reserve currency change?

Recent headlines posed the question: Is the United States dollar in danger? Corresponding newspaper and cable television reports raised concerns over the possibility the U.S. dollar could no longer serve as the world’s reserve currency. What does it mean to be the world’s reserve currency? According to “A Primer on Reserve Currencies” by Brent Radcliffe, […]

Entrepreneurship also a team sport

There’s a conception of entrepreneurs as rugged individuals who pull themselves and their ventures up by their bootstraps. They work for themselves, call their own shots and assume the risks of their pursuits. I’m not an entrepreneur myself, but I’ve reported on their activities long enough to know there’s a lot of truth to that […]

The need for smart part of the newspaper business

I’m reluctant to quote lines from a movie because of the nearly ubiquitous convention of so many who do. I’m willing to make an exception, though, because these particular lines encapsulate the sense of urgency I so often confront. I feel the need. The need for speed. Not as a jet fighter pilot, obviously. But […]

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