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Wake-Up Call: Fasten your seatbelts

The total number of job losses across the country announced yesterday range from 65,000 (according to the New York Times) to over 71,000 (CNN). But no matter how you add things up, the outlook looks gloomy.

Better polish your rose-colored glasses for Colorado's dual announcements coming today: Governor Bill Ritter will deliver legislators a revised budget for next year (which starts July 1), while his Department of Labor and Employment will present the latest unemployment figures for right now.

Yesterday, Colorado Senate president Peter Groff and the bipartisan Select Committee on Job Creation and Economic Growth offered a briefing on the thirty budget-boosting proposals the committee is considering; it will winnow that list down this week. "Our goal is to really have jobs by June," said senator Gail Schwartz, committee co-chair.

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Let's just hope that's June 2009.

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