Economy Action Team

The Economy Team focuses on economic justice and opportunity for all our citizens.

Goals

1) Increasing the stock of Affordable Housing in Arvada and Jefferson County.

This is needed for all residents (seniors, workforce including working families, those with disabilities).  

The income gap between the wealthiest Americans and the rest of us has been increasing over the years, and we are striving for more equity.  Affordable housing is a key issue to preventing homelessness in our communities. We meet with the City of Arvada to discuss options for increasing affordable housing, and encourage them to work with other partners (e.g. AURA),  We sponsored a Housing Resource Fair in September 2018, to educate low-middle income Arvada residents about existing programs to help them with housing needs.  Another Housing Resource Fair is planned for spring 2020 (to allow outreach on the census during the event).

2)    Employee Rights, Right to Organize and Current Initiatives

The right for workers to organize remains at the heart of employee rights in this country.   Labor law reform, collective bargaining,  pension protection, protecting overtime, fair wages, equal protection under the law, social security, worker's compensation are critical issues.  Also, the raise the wage initiative,  health care, minimum sick leave,  just cause employment and family and medical leave.  These are all part of the goals of the labor movement and our subgroup. 

3).  Employee /  Worker Cooperative Businesses. 

Expanding worker owned businesses   This movement is much bigger than most people realize and the continued expansion of employee owned businesses, especially unionized  businesses can help advance better paying jobs and democratic principles in the workplace. 

Goals:  

Follow up and get a resolution to the Arvada City Council  to support and recognize the benefits of Employee Owned Businesses.     

Get somebody from the APA group on this national CO-OP call on steady basis to stay informed.   We need to expand our sub group.  

Long term goal - 

If possible, it would great to get a few Worker co-ops started in Arvada or nearby municipalities.

4).  Public Banking

The United States has only one public bank, but more communities are considering public banking and ways to keep money in the local economy.  

From the public banking website:

The Public Banking Institute (PBI) was formed in January 2011 as an educational non-profit organization. Its mission is to further the understanding, explore the possibilities, and facilitate the implementation of public banking at all levels -- local, regional, state, and national.

PBI’s vision is to establish a distributed network of state and local publicly-owned banks that create affordable credit, while providing a sustainable alternative to the current high-risk centralized private banking system. This network will act in the public interest, using its counter-cyclical credit-generating capacity to stabilize potential credit crises, maintain the floor against threats of asset devaluations, build infrastructure, and fund expansion of critical industrial productive capacity. Most important, public banking will create jobs, by partnering with local banks to fund local business, advancing credit for public infrastructure, and augmenting government revenues. 

Raising awareness about the benefits of public banking is a goal of our subgroup.   The December 2018 APA meeting provided information to members on public banking.

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