Articles Tagged "economic"
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Tue, 18 May 2010 18:21:27 -0700
People are always going on about the need for bipartisanship these days, so we'd like to highlight a rare case of candidates reaching across the aisle for a common cause. In this case, the cause is Prop. 100, and your candidates for Arizona treasurer agree: It must be stopped. On the Republican side, Sen. Thayer Verschoor heads Ax the Tax, the committee working to oppose the 1-cent sales tax increase. "Our most trusted and expert economic minds state that Prop. 100 will actually make our budget problems worse in the future by keeping state spending artificially high and leaving taxpayers facing larger ...read the rest of this post
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Mon, 17 May 2010 14:17:46 -0700
At a rally to urge support for her long-sought sales-tax increase, Gov. Jan Brewer again said she won't call the Legislature back into special session to consider tax cuts. "I am not looking forward to calling the Legislature to address the 'jobs bill,' " the governor said. But while ruling out broad-based tax cuts, she said she remains interested in tax incentives to spur economic recovery. Those incentives would be structured to pay for themselves -- in other words, the tax break would happen only after a certain number of jobs or revenue is created. When lawmakers might convene to consider incentives, ...read the rest of this post
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Wed, 14 Apr 2010 14:57:53 -0700
Press conferences usually have a certain rhythm to them... a nice flow, if you will. Even when faced with tough questions, government officials, by their nature, are usually adept at a finding a quick, non-committal response. But that sure wasn't the case Wednesday during the unveiling of Gov. Jan Brewer's new economic development initiative. Brewer is proposing to dissolve the Arizona Department of Commerce and replace it with a 15-member, quasi-public authority. The purpose of the authority, which would be chaired by the governor, would be to attract and retain jobs, elevate the state's economic development efforts and make Arizona more competitive with ...read the rest of this post
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Thursday, Apr 01, 10 at 07:00 AM
PRESS RELEASE -- 29 Business Groups Sign Letter in Support of Economic and Jobs Recovery Bill
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Wed, 17 Mar 2010 11:18:48 -0700
The fiscal 2011 state budget is pretty much a done deal. Still, local religious leaders have banded together to denounce recent budget cuts and asked Gov. Jan Brewer and the Legislature to try again. The leaders put out a statement Tuesday, saying that the “poorest and the most vulnerable” will suffer from the cuts. “As people of Christian faith we cannot accept these cuts,” the statement read. “Throughout the history of our faith, the prophets have warned us that an economic system that shows indifference to the needs of the poor is contrary to God's will and leads to ruin for society.” Last week, ...read the rest of this post
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Tue, 16 Feb 2010 16:13:37 -0700
Retiring lawmakers could quickly morph into lobbyists under a bill advancing in the state Senate. The measure, Senate Bill 1262, would repeal the one-year buffer that current law creates between a legislator leaving his or her post and joining the lobbying ranks. The bill's sponsor, Sen. Jack Harper, R-Surprise, said that's unfair to legislators. Senior legislative staffers, for example, can leave the statehouse one day and return the next as a lobbyist without any restriction, he said. "I feel the current ban steals the economic liberty of members when they leave the Legislature," Harper told the Senate Republican caucus. Harper said he got the idea ...read the rest of this post
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Tue, 09 Feb 2010 16:10:03 -0700
Valley architecture and engineering firms suffering through the economic downturn are finding a diversion from their distress by designing and building structures made of food cans.
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Mon, 08 Feb 2010 15:35:35 -0700
Valley architecture and engineering firms suffering through the economic downturn are finding diversion from their distress by designing and building structures made of food cans.
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Thursday, Jan 28, 10 at 08:00 AM
PRESS RELEASE -- House PASSES Arizona economic and JOB Recovery Bill HB2250 without single Democrat vote
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Mon, 11 Jan 2010 19:23:42 -0700
Gov. Jan Brewer chided state lawmakers and future political foes Monday for talking a lot about balancing the budget but doing very little about it. In her first State of the State speech, Brewer said legislators have ignored a five-point plan she unveiled in March to bring the state’s books back into balance and promote future economic growth. | Tribune editorial | Blog | Text of Gov. Brewer's speech | Brewer: Cut health care funding for poor | Brewer: Hold back 3rd-graders who can’t read
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Mon, 11 Jan 2010 13:57:27 -0700
Gov. Jan Brewer chided state lawmakers today for talking a lot about balancing the budget but doing very little about it. In her first State of the State speech, Brewer said legislators have ignored a five-point plan she unveiled in March to bring the state’s books back into balance and promote future economic growth. | Tribune editorial | Blog | Text of Gov. Brewer's speech
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Wed, 06 Jan 2010 14:45:18 -0700
A host of conservative folks are giving kudos today to House Speaker Kirk Adams following Tuesday's unveiling of a job plan that calls for a mix of incentives, corporate tax cuts and rebates to spur economic growth in Arizona. Tim Lawless, president of the state chapter for the National Association of Industrial Office Properties (NAIOP), called the proposal a "holistic package (that) will do much to re-position our state to be more economically competitive." Paradise Valley mayor and likely gubernatorial candidate Vernon Parker also backed the Adams plan - and took the requisite political swipe at primary-election rival Gov. Jan Brewer. A press ...read the rest of this post
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Tuesday, Jan 05, 10 at 08:00 AM
PRESS RELEASE -- Republicans rival plans offer no hope for Arizonas economic recovery
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Sun, 13 Dec 2009 12:54:42 -0700
The $20 million “Museum of Tolerance” proposed at Chandler’s East Valley Jewish Community Center could bring more than $16 million a year in tourism to the local economy, city officials say.
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Thu, 10 Dec 2009 08:41:00 -0500
Posted by AzBlueMeanie: I have argued that Ben Bernanke's nomination for a full six year term as Federal Reserve Board chairman currently before the Senate should be withdrawn. I would have much more confidence in Paul Volcker, who previously served in that position. Dean Baker of the Center for Economic and Policy Research makes the case in this post Yes, Virginia, It Is Bernanke’s Fault - CEPR: As the Senate debates Federal Reserve Board Chairman Ben Bernanke’s reappointment, it is striking how the media view blaming Mr. Bernanke for the Great Recession as being out of bounds. Of course Bernake bears much of the blame for this economic collapse.
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Wed, 09 Dec 2009 15:19:00 -0500
Posted by AzBlueMeanie: The New York Times reports today Audit Finds TARP Program Effective: The independent [Congressional Oversight Panel] that oversees the government’s financial bailout program concluded in a year-end review that, despite flaws and lingering problems, the program “can be credited with stopping an economic panic.” * * * In the latest monthly report released on Wednesday, the panel again criticized the Treasury Department under Secretary Timothy F. Geithner for “failure to articulate clear goals or to provide specific measures of success for the program” as it has morphed over time from rescuing financial institutions to propping up securitization markets, auto manufacturers and home mortgages in danger of default.
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Tue, 08 Dec 2009 16:48:00 -0500
Posted by AzBlueMeanie: Representatives Maurice Hinchey of New York, John Conyers of Michigan, Peter DeFazio of Oregon, Jay Inslee of Washington, and John Tierney of Massachusetts, want to restore the Glass-Steagall Act of 1933, which prohibited commercial banks from underwriting stocks and bonds. The act was repealed in 1999 at the urging of, among others, Larry Summers, now President Barack Obama's chief economic adviser. Congressmen To Call For Break-Up Of Biggest Banks The Obama administration reportedly opposes the measure - damn you to hell, Summers! [The] Depression-era law that separated Wall Street investment banking from Main Street commercial banking. If adopted, the measure would give banks one year to choose between being commercial banks or investment banks.
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Thu, 03 Dec 2009 07:12:00 -0500
A message from Rep. Steve Farley, District 28: Howdy, Friends O'Farley... I hope you had a wonderful Thanksgiving with your friends and family. I certainly did with mine, but in the back of my head at all times was the knowledge of the pain many Arizonans are experiencing right now due to our economic crisis, and due to the complete lack of leadership on display by those currently in control of our state. The latter was on prominent display last week and the week before that as we limped through a special session that continued to hack away at our education system and programs for our most vulnerable citizens -- our elders, our children, those who are sick and homeless, and victims of crime and abuse.
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Wed, 25 Nov 2009 12:15:00 -0500
Posted by AzBlueMeanie: Arizona has gone from Governor Janet Napolitano and the Republican legislature enacting a ten percent income tax cut in 2006-07 to give back a tax surplus because "it's your money," to a state in economic free fall and financial collapse in 2008-09. As anyone who attended school in Arizona from the 1950s to the 1970s will tell you, Arizona's economy was based upon the "Five C's": Copper, Cattle, Citrus, Cotton and Climate. The reality is, Arizona's post-war economy was based upon one thing: real estate. Arizona's economy is entirely dependent upon home construction fueled by the demand of rapid population growth, doubling in size approximately every twenty years.
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Mon, 23 Nov 2009 16:25:00 -0500
Posted by AzBlueMeanie: I am going to repost this essay by Sam Pizzigatti posted at Campaign for America's Future in its entirety. Sam makes essentially the same economic arguments I have made in several posts over the last couple of years with new recently released research. What Ever Happened to the Good Times the Tax-Cutters Promised? | OurFuture.org What Ever Happened to the Good Times the Tax-Cutters Promised? Don't expect an answer from the ranters and ravers who frequent 'Tea Parties' — or the politicians who egg them on. You don’t have to dig particularly deep, in the United States today, to find some striking similarities between today’s virulently anti-Obama “Tea Party” crowd and the media darlings who birthed the “Tax Revolt” phenomenon back in the late 1970s.