Both Cory Gardner and John Hickenlooper claim credit for Colorado’s economy. But how much do they deserve?
For a decade before the coronavirus crisis, a wave of economic growth swept through the United States, and Colorado was at its crest. The state’s economy outpaced the nation in key indicators like gross domestic product growth and unemployment, data points that earned recognition as the best economy in the nation.
It’s a compelling tale that Sen. Cory Gardner and former Gov. John Hickenlooper are invoking in the U.S. Senate contest. Both claim partial credit for creating the economic boom during their time in office, whether through votes or policies, and both say they are best to help lead the state out of the current recession.
Gardner, the Republican incumbent, credits deregulation and tax cuts he supported in the U.S. Senate for creating expansion. “I helped cut taxes,” Gardner told The Sun. “I helped stop reckless regulations under the Obama administration that would have killed jobs, and I helped to make sure we brought new employees to Colorado.”
Hickenlooper, the Democratic challenger, has reminded voters of his economic focus as governor and huge job growth coming out of the Great Recession. “We made this a place where young people want to come, and when young people want to come … it’s the foundation where you attract some of those tech companies,” he said.
But experts say Colorado’s economic success has been driven by factors disparate from any policy Gardner or Hickenlooper helped put in place.
Read more via The Colorado Sun.