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Business Leaders in Blue Colorado Panic as Nearly 100 Companies Flee the State for Greener Pastures

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Colorado is apparently having the same problem as many other blue states. Companies are fleeing to do business elsewhere.

It’s the same thing we have seen in California and other states that have been run exclusively by Democrats for years. This is what one-party rule gets you.

Business leaders in the state are finally starting to sound the alarm. Is it already too late?

CBS News in Colorado reports:

Hundreds of Colorado business leaders call for action as nearly 100 companies leave the state

Colorado is losing businesses and jobs at an alarming rate.

Now, the ones who’ve stuck around are calling on state leaders to make changes before things get even worse.

The Colorado Chamber of Commerce has been sounding an alarm for years about excessive regulation and, last year, more people moved out of Colorado than into the state.

The chamber says companies are also relocating out-of-state. It released data showing, since 2019, 98 companies have either left the state, expanded elsewhere, or scrapped plans to move here.

That’s resulted in more than 13,000 lost jobs.

Since 2022, Colorado has also had a net loss of 34 public company headquarters. Some of the states seeing gains from Colorado’s losses included Texas, California and North Carolina.

More than 200 business and civic leaders signed a letter to Gov. Jared Polis, Sen. John Hickenlooper, Denver Mayor Mike Johnston, and Democratic gubernatorial candidates Michael Bennet and Phil Weiser. It warns of dire consequences if Colorado doesn’t become a more welcoming place for job creators.

“We are going to be hurting Colordans not just now, but the next generation, the next generation after that. And we just want to course correct,” said tech entrepreneur and investor Dan Caruso.

It wasn’t always like this.

When people come to red states, they should leave their blue state voting habits behind.

The post Business Leaders in Blue Colorado Panic as Nearly 100 Companies Flee the State for Greener Pastures appeared first on The Gateway Pundit.




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