The Oregon Ledger
Data-driven analysis of Portland and Oregon economics, public finance, and public policy—focused on incentives, institutions, and consequences.
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- Aug 5, 2026
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The High Cost of Coasting (opens the original)
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“May you live in interesting times” is a classic curse disguised as a blessing. May 2007 was an interesting time in Oregon’s economy.During the dot-com boom of the 1990s, the state’s economy boomed as well. It was booming so much that politicians were worried about too much growth. Washington County went so far as to ink a deal with Intel in 1999 to charge the chip maker a “growth impact fee” if it added more than 1,000 new manufacturing jobs on top of the 4,000
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