Poli-Sci
Search topics and people
Watch
Help & Safety
Get the App
Loading…
Graham Forgey on Jackson Hole Economic Discussion
Graham Forgey
Jackson Hole Economic Discussion
Claims and stances
0:00
Graham Forgey strongly supports: Record high inflation in Jackson Hole has created an economic crisis for the local workforce, making it increasingly difficult for service and tourism workers to afford to live in the area.
0:27
Graham Forgey strongly supports: The economic crisis in Jackson Hole is being exacerbated in surrounding tourist destinations and ski towns due to severe land scarcity.
0:52
Graham Forgey strongly supports: The presence of high-net-worth individuals and billionaires in Jackson Hole creates a disproportionate tax and interest rate environment that makes the city unaffordable for average-wage earners.
Transcript
0:00
To comment on Luca's discussion of the Jackson Hole inflation crisis, I myself have been there and I have seen what is happening.
0:08
The record high inflation seen in Jackson Hole is becoming an economic crisis in the city.
0:14
Those who work there, such as the liftees, those who work at the restaurants, those who manage the mountain and manage the town altogether, then make it the people who make it one of the best tourist destinations in America are struggling to live there.
0:27
This has become a huge problem around other cities such as Vail and other ski towns and popular tourist destinations that do not have much land to work with.
0:38
This crisis is affecting them even more because Jackson Hole not only is a popular tourist destination, but is also home is but is also home to the highest GDP per capita town in America.
0:52
Many billionaires have their family homes or have their vacation homes in Jackson Hole, making the tax rates and in and interest rates in the city unbearable to normal citizens trying to make who make a average wage.