Local economist will present program to Moffat County residents

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If you go

What: Money Matters

When: 7 p.m. Monday

Where: Moffat County High School, 900 Finley Lane.

The event is free and open to the public. For more information, call 824-7031.

Darcy Trask, Craig/Moffat County Economic Development Partnership director, says that in today’s difficult climate, everybody wants to know what is going to happen with the economy.

“But, the only people who have a real good idea what that answer is, are economists,” she said.

One such economist will be visiting Moffat County.

Richard Wobbekind, who Trask said is one of Colorado’s leading economists, will present Money Matters, an event focused on discussing the current economic climate. EDP, Yampa Valley Bank and the Craig Daily Press are sponsoring the event.

Wobbekind, a professor with the Leeds School of Business at the University of Colorado at Boulder since 1985, will be speaking at 7 p.m. Monday at Moffat County High School, 900 Finley Lane.

He will discuss the current national, state and local economic situation and where recovery stands.

“This is a guy who has a pretty good crystal ball,” Trask said.

Wobbekind said he will talk about some of the issues in Moffat County and across the Western Slope.

“This economic environment (means) slower tourism economy, the slow down of government spending and the natural resources slow down,” he said.

Although the tone of the presentation will be “what is going on,” Wobbekind said visitors could take away messages of “what you should do.”

Wobbekind also said he will address how people in business can weather the economy and how long he thinks the economic recession will last.

He also will talk about short-term events and long-term economic forecasts.

“Certainly we will be discussing where we will be going in the short term because I think it is hard for any area, including (Moffat County) and the state of Colorado, as a larger area, to move ahead if the U.S. economy doesn’t move ahead,” he said.

Trask said the event will be beneficial to the whole community.

“This is a program that is great for young people, teenagers, and early 20s who are starting to look at what a career is going to look like in this new economic reality,” she said.

Trask said Money Matters is a great program for “folks that are retired and on a limited income that want to know, ‘How do I ensure, in this new economy, my economic stability?’”

Wobbekind said it is important to study the economy to understand what the future will look like.

“It is not going to be one of these things where Colorado comes busting out and the rest of the country isn’t,” he said. “So, it’s all really interconnected.”

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