Oregon's Circle of Scarcity

Over the past decade, Oregon's per capita income has fallen to about 91% of the U.S. average, and the recession has been the hardest on Oregonians since the Great Depression.

Our long-term slump in incomes, combined with the job losses of the current recession, has resulted in hardship for Oregon families and a structural budget deficit for state government.

At the same time, the way we have been investing our limited public dollars is unsustainable and counterproductive to economic growth.

Demographic challenges, healthcare cost inflation, ballot measure mandated spending on prisons, the legacy costs of a poorly designed pension system, and other factors are all leading to lower investments in education - a key ingredient for turning around our economy.

This downward spiral, which we call " The Circle of Scarcity," threatens the quality of life that we cherish in Oregon.

Category:

News & Politics

Tags:

• Oregon Business Plan
• Income
• Jobs
• Education
• Health Care
• Public Safety
• Prisons
• Per Capita Income
• John Kitzhaber

[JamesTyreeII]

retardlicans!



[abc1234029]

The lack of large companies is largely due to the 9% tax on capital gains. Big companies have lots of capital gains because they do big transactions such as buying and selling companies. Why do that in Oregon with a 9% capital gains tax rate on top of the federal capital gains tax?

[annglamgal]

The only thing SCARCE here in Oregon is COMMON SENSE!!!! Libtards are sucking the life out of this beautiful state.