No government has ever spent its way to prosperity. Our proposals help governments be fiscally responsible so citizens can be prosperous.
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.
President Bush may use his veto stamp for the first time as the 2005 federal transportation budget heading for his desk has burgeoned to $295 billion, $11 billion more than the limit he set previously. But is $284 billion really more reasonable.
Politicians often blame budget imbalances on revenue shortfalls, arguing that taxes fail to bring in the dollars to pay for the government services they claim are essential.
In one of his regular email correspondences, Phoenix Mayor Phil Gordon wrote Friday, "I said that in order to be a GREAT city, THIS city needs to excel in three areas: Education, Public Safety and Jobs."
The mayor's prescription? "This downtown Phoenix Campus of ASU is the catalyst for the first - and the foundation for the other two.
A Valley program for training orthopedic surgeons is getting ready to close its doors. Some are predicting the closure will deliver a blow to the Valley's already-scant supply of physicians. This concern is misplaced.
If you want to know why a Taxpayer Bill of Rights (TABOR) is a good idea for Arizona, see this Goldwater Institute report released yesterday. In it, you'll find out how TABOR maintains a fiscally responsible limit on the state budget, could have put $4.5 billion back in Arizonans pockets, creates predictable and sustainable budget projections, and shifts power away from budget-siphoning special interests towards voters.
Arizona Republic columnist E.J. Montini wants to call a spade a spade, but instead of unearthing the facts, his analysis throws up a lot of dirt about Arizona private schools.
The U.S. House of Representatives passed a $284 billion federal highway bill last week by an overwhelming vote. The bill includes almost 4,000 earmarks, which are special projects included in the bill for the benefit of individual members of Congress. The earmarks include funding for numerous local projects that have nothing to do with interstate travel and are prime examples of pork.
When government picks winners and losers, it's often a losing proposition for everyone.
Take the excitement over biotechnology exemplified by Phoenix mayor Phil Gordon's recent State of the City address.
Only a curmudgeon can't get excited about the mayor's vision of an "Opportunity Corridor" in downtown Phoenix, where new businesses bearing such names as "Surgical Robotics" and "Molecular Diagnostics" could spring up.