Business & Job Creation
Businesses need a friendly and fair business environment so they can compete, innovate, and create jobs. We’re keeping politicians from playing favorites by offering special deals and tax breaks to the favored few.
After Hurricane Isaac blew through Louisiana, Gov. Bobby Jindal temporarily suspended licensing rules to allow EMTs to travel from other states and care for Louisianans. Similarly, after hurricanes ravaged Florida in 2004, then-Gov. Jeb Bush sought to ease licensing rules for roofers.
Byron Schlomach, economist at the Goldwater Institute in Phoenix, and David Wells, a political economy lecturer at Arizona State University, made their assessments on Mitt Romney's economic plan on KUAT-TV's Arizona Week. Byron reminds everyone that "it's not the president who creates jobs."
The Christian Science Monitor recently reported that more than half of all Americans receive significant income from the government. About one in five Americans holds a government job. According to the U.S. Census Bureau, there were nearly 300,000 state and local government employees in Arizona last year, or approximately ten percent of the Arizona labor force.
Scottsdale's Motor Mile just may be one of the most profitable corners of real estate in Arizona. Featuring luxury cars such as Bentley and Rolls-Royce, its a safe bet most Arizonans probably will spend more time dreaming about cars like these than driving them.
So why are taxpayers footing bills for these dealerships? A few years ago, the Scottsdale City Council voted to give $1.5 million to 19 car dealers for an ad campaign to make the area the ultimate car buying destination. I guess 19 car dealerships weren't obvious enough.
Arizona wine consumers soon may be calling up their favorite wineries to order vintages that are currently off-limits. The U.S. Supreme Court will rule in early spring whether to overturn Arizona's monopoly wine distribution system.
Prospective Arizona homebuyers face a double-whammy: escalating prices compounded by skyrocketing fees imposed by voracious local governments.
Chandler recently raised its development impact fees nearly 50 percent, adding nearly $6,000 to the price of a home. Avondale's fees nearly doubled with an $8,000 increase, bringing the total burden to a whopping $18,000 per home.
The average gas price rose more than ten percent in April, allowing pandering politicians to promise relief. They don't say that consumers will suffer worse consequences if the government begins dictating how much oil companies and refiners can charge. And they ignore that government regulations and taxes already are largely responsible for high fuel prices. Instead they offer fantasy.
India may have the Taj Mahal, but when the CityNorth project is complete Phoenix will have the Taj Mah-Mall. We hope you enjoy this second political cartoon from John Taylor. This picture may be reprinted.
Economic Freedom key factor in strengthening social and political freedom
Economic freedom matters; it helps strengthen other freedoms and is related to a higher standard of living. The Cato Institute recently released the Economic Freedom of the World index and their report makes it very clear that economic freedom is just as important as other kinds of freedom. By indexing 42 pieces of objectively-measured data, the authors reduce four different areas of economic freedom into a single score.
Maybe its a good idea. A music-themed amusement park in Eloy just might work. True, the park would be in the desert between Tucson and Phoenix with a limited available work force and limited infrastructure for large numbers of visitors. Still, there have been surprises before. Who could have predicted Branson, Missouri?