No government has ever spent its way to prosperity. Our proposals help governments be fiscally responsible so citizens can be prosperous.
Mesa's projected $40 million budget shortfall is being called "Armageddon" and "Apocalypse" by city council members, as if the deficit were an unexpected calamity foisted onto the city from above.
The impending deficit, however, is the result of one thing: irresponsible budgeting. City officials set a budget without having the revenue to cover costs.
Moreover, the city's priorities are questionable. Consider that nearly one-quarter of Mesa's prospective deficit is for funding art and museums. However desirable, art is hardly a public safety or health issue.
You have to admire vested interests in the education status quo: they have a flair for reinvention that rivals Madonna's, and to the same end: more money. WestEd's June 23 report claiming that preschool can solve the Social Security crisis, however, is even harder to swallow than the pop star's latest turn as a children's book author.
In her mission to woo technology development in Arizona, Governor Napolitano shepherded the Knowledge Economy Capital Fund with the goal of raising $100 million in venture capital. Seeded with $25 million from the State Compensation Fund, high-profile fund partners such as Phoenix mayor Phil Gordon hoped to amass another $75 million from the private sector.
Not surprisingly, the private sector has yet to add a dime.
In 1995, California needed to relieve congestion on Route 91, one of its busiest arteries. Instead of trying to get drivers onto mass transit, California opted for a fresh approach parallel toll lanes that were privately owned and operated.
The lanes have proven so successful in reducing congestion that several states, including Virginia and Minnesota, are using California's solution as a model.
For years, Trident claimed "4 in 5 dentists" agreed its sugarless chewing gum was the best on the market. Dentists, the advertising theory held, were the authority on the topic.
When it comes to Social Security reform, the media, at least, are taking 150 college student body presidents, who recently signed a letter opposing voluntary personal retirement accounts, as the authority. The letter received widespread attention from the Associated Press to the Washington Post.
Last Friday, Gov. Janet Napolitano signed an $8.2 billion budget, but she failed to sign a corporate scholarship tuition tax credit because it did not include a five-year sunset provision.
Politics aside, allowing businesses to make scholarship donations is good policy that brings opportunity to thousands of low-income children waiting for scholarships.
The Arizona Registrar of Contractors (ROC) is charged with protecting vulnerable consumers in Arizona from construction scams: the elderly, new home owners, the City of Tempe. The City of Tempe?
In 1998, the City of Tempe and America West Airlines entered into an agreement to redevelop part of downtown Tempe. The city agreed to convey property to America West for free and then pay America West approximately $15 million over twenty years. In return, America West pledged to develop the property and convey ownership of the improvements back to the city. Tempe agreed to then lease the property back to America West.
There's no accounting for taste, or so they say. It turns out, there's no accounting for the benefits of investment in the arts either. On the surface, "support for the arts" seems like one of those universal aspirations, something no one could be against. But it's not so simple.