In our opinion: Keep a wary eye as Utah's economy hums

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  • george of the jungle goshen, UT
    July 14, 2018 6:38 p.m.

    Congress had one job, take care of the money. They gave that job to the Rothschild Federal Reserve bank. Since then we have been in a recession. The value of the dollar goes down every year as inflation an taxes an insurance goes up an churches say we need your money. There is only so much ya can do. Weight till the financial war with China really gets going. There won't be money. Too expensive to print.

  • Makid Salt Lake City, UT
    July 13, 2018 9:56 a.m.

    If people want to make sure High Density development happens in the more Urban cores, they need to make sure that the open land in the suburban areas is not left empty. They need to work with their cities to purchase the land and develop it as parks or as mid-density developments.

    They can work with the Counties to purchase empty lands to keep as open space and to work with farmers to keep the farms as working farms for future generations.

    This will ensure that any and all empty space is not available or is used and will force higher density in urban areas. Otherwise, developers will see the open and empty land and will buy it cheaply. The cheaper the land, the more profit the developer can make on their higher density development.

    The last effort that citizens can do is to force cities to raise the impact fees for high density development. Cities won't though because they need the tax revenue. Without the revenue, they would need to raise the taxes on the rest of the citizens because their other taxes are too low already to support what is already built (roads, utilities, cops, fire and parks).

  • NoNamesAccepted St. George, UT
    July 12, 2018 8:49 p.m.

    My goodness, yet another editorial arguing for high density?

    We don't want high density in the suburbs. It doesnt solve housing costs, transportation, or pollution. It enriches developers by robbing value from existing home owners as neighborhood streets become overcrowded, power, water, and sewer systems have to be upgraded, and crime rises.

    High density belongs in urban cores where residents can enjoy true walkable communities. High density I, suburbs just generates more automobile traffic, damaging lifestyle for everyone.

  • Hutterite American Fork, UT
    July 12, 2018 8:19 p.m.

    There are warning signs about. Oil is getting expensive. For some of us, that's good. For some, not so much. There's talk of interest rate hikes. Plus the trump trade wars.
    Economies are cyclical. At some point, we will head down that long slope.

  • Shaun Sandy, UT
    July 12, 2018 11:45 a.m.

    High density isn’t the answer. There are townhouses within a mile of me going from 330k to 400k. How is that affordable?

  • HSTucker Salt Lake City, UT
    July 12, 2018 9:36 a.m.

    "I think a recession would be a great benefit to Utah-- fewer cars on the road, less pollution, more people cooking at home, more family time together."

    More people on welfare, more people on food stamps. I can see why some people would see that as beneficial. This is why Trump won in 2016 and will win again in 2020.

  • 4601 Salt Lake City, UT
    July 12, 2018 9:19 a.m.

    Down turns will come. There has never been an economy that has not experienced fluctuating business cycles. The best Utah can hope for is that there will be a soft landing.

  • Mark from Montana Davis County, UT
    July 12, 2018 8:51 a.m.

    Sorry if I tend to disagree some with the thoughts in this editorial. If nothing else, the growth didn't start until 2010 or so, meaning we have had about 8 years of growth. As one of those hit by the recession, I will never 'recover'. We lost everything when our company failed in southern UT. Greedy bankers, politicians and others, made out with huge windfalls, while so many lost everything they owned. Many of those were honorable people who did all they could to pay their debts. Others became politicians so they could better feed at the public trough. I know many did what I did, paid their employees everything owed. Paid all vendors every penny. Didn't take any money for work they could not do.

    Yes we need to be vigilant, but none if it will be sufficient. Our political leaders, all those that have served for so long while lining their pockets, will do it to us again. I look forward to the day these people stand before God to be judged, as we all must do.

  • sgallen Salt Lake City, UT
    July 12, 2018 8:23 a.m.

    I think a recession would be a great benefit to Utah-- fewer cars on the road, less pollution, more people cooking at home, more family time together.