1 / 18

What’s Ahead for Maine in Next 20 Years?

Discover the key factors that will shape Maine's future in the next 20 years, including an aging population, climate change, and technological advances. Explore potential scenarios and considerations for long-term planning.

lionelc
Download Presentation

What’s Ahead for Maine in Next 20 Years?

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. What’s Ahead for Maine in Next 20 Years? John Davulis, Chief Economist Central Maine Power Company Long Range Planning Seminar Maine Dept. of Transportation August 8, 2005

  2. Long-range planning has to be different • Short-term forecasts are dominated by events • oil prices • base closings • housing bubble • In the long run, the structure of the system will change • aging population • climate change • technological advances

  3. Credibility is important • There is another way you can tell you’re a Republican. You have faith in free enterprise, faith in the resourcefulness of the American people, and faith in the U.S. economy. To those critics who are so pessimistic about our economy, I say “Don’t be economic girlie men!” • Gov. Arnold Schwarzenegger, Republican Natl. Convention, August 31, 2004

  4. Unfortunately economic models aren’t very good at telling us about the distant future As Patrick Henry aptly observed in 1775: “I know of no way of judging the future but by the past.” Today’s economic models are offer a reasonable extrapolation of the past that is tempered by likely structural changes in the local and the national economy nothing is predetermined When, where & how big?

  5. Overview of Presentation • Global Insight’s economic forecast for Maine & its counties • no BRAC impacts are incorporated • slow employment growth • continuing loss of manufacturing jobs • slower population growth • aging population

  6. Two Possible Futures The Blonde in the Thunderbird -- we can try to revel in our past “glory” The Edukators -- we can rearrange the furniture

  7. Bruce Mau: Massive Change

  8. My Grandfather’s Axe • This is my grandfather’s axe. My father changed the blade, and I have changed the handle. Old “Polish” Saying The Economist June 23, 2005

  9. Is This My Grandfather’s Maine? • What original or early material is essential to the integrity and significance of Maine -- two decades ahead? • What design elements do we want to safeguard and maintain?

More Related