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Readers of this newspaper might like to know how the federal government’s monetary and fiscal policies will affect them.
I was born on Thanksgiving Day, Nov. 25, 1926. I tell people I came out of a turkey but I’ve been trying to fly like an eagle all my life. So you can imagine my thoughts if God gave me one wish before I check out.
Here we go again. When Allan Greenspan was Fed chief he held the Fed rate to almost 0 percent for two years. This supposedly was to allow liquidity, allowing easy credit for everyone. The problem is that we don’t have a liquidity problem, we have a debt problem.
Arizona’s four-year public universities had the nation’s largest in-state tuition and fees increase over the past five years, according to the nonprofit organization that oversees the SAT.
The current struggle of wills regarding universal health care (Obamacare) and the debt ceiling has polarized our nation into those who believe in fiscal responsibility versus those who believe in unlimited spending. Conservatives vs. Socialists. Democrat and Republican appellations haven’t been used because there are conservatives and socialists in each party.
By the time you’re reading this, our little friends in Congress will have either settled their political hash and come up with a budget and gotten the government back to work or we’ll all be huddled around a trash can fire in a desolated parking lot, fighting for road kill in a post-apocalyptic, dystopian society.
After plenty of haggling, and a fair amount of political theater, Congress reached a last-minute agreement to raise the debt ceiling and end the partial government shutdown. Most people would agree that a fully functioning government that can pay its bills on time is a positive thing — and it’s certainly good news for investors, because a default on the part of the U.S. government could have had serious repercussions in the financial markets. But what’s next?
It’s amazing to me how the Tempe Union and Kyrene school districts are so much like the federal government when it comes to operating within a budget. Has anyone noticed that?
A debt ceiling debate? Not exactly something you’d expect to hear on a high school campus.
Our current government is a Democrat one. The executive branch, so massive now that our founders wouldn’t recognize it, is 98.5 percent of the government measured by number of employees. The senior body of Congress is also run by Democrats. This government spent its first four years telling America the economy is getting better and anything going badly is Bush’s fault in any event. As the Bush shtick stopped selling as well it became time for a new bogeyman: the Tea Party, which is represented by maybe 10 percent of our Congress.
In November, we’re being asked to vote on extending a bond override to save the Kyrene and Tempe Union school districts from financial disaster. We’re being told such an action won’t increase our taxes. Really?
Somenone needs to end this GOP tactic now
America’s middle class used to be the proud backbone of our economy. They made things, things of value that other people would pay for. Not only did the middle class prosper, they were the driver of America’s emergence as the world’s economic superpower.
I have expressed my feelings about how our country is suffering from a failure in economics many times. We have a monopoly in Keynesian economists being taught in America. The result of this is that every economist in Washington is a Keynesian economist. Keynesian economists allow politicians to spend a lot of money.
Mr. Bryan Brinkley of Arizona People Acting for a Safer Society (AZ PASS) wrote a guest commentary in the AFN on Aug. 30, titled “Should guns be loved more than other people?” in which he seems to be offended that AFN published two rebuttals by a “loud minority in the community” to the stance that he and his organization represent.
In the 2012 presidential campaign, President Obama claimed Detroit as evidence of his successful policies: “We refused to let Detroit go bankrupt. We bet on American workers and American ingenuity and, three years later, that is paying off in a big way.”
This Tuesday, Aug. 27, will be the final day to vote in the Phoenix City Council election.
Arizona students who rely on federal student loans to go to college can breathe easy — at least for now.
President Obama is scheduled to visit Desert Vista High School in Ahwatukee Foothills on Tuesday, Aug. 6 to talk about the economy and his plan to strengthen the middle class. As a supporter, I applaud the President for pursuing a plan for economic growth. As part of his agenda, I hope he also addresses the need to put our national debt on a downward path for the sake of generations to come.
Over the past couple of years, the economic picture has brightened for many cities and states — but some of them are still facing potential financial problems. As a citizen, you may well have concerns about these issues. And as an investor, these financial woes may affect your thinking about one particular type of investment vehicle: municipal bonds.
Forget fears of sequestration. And never mind the hike in payroll taxes that shrunk paychecks.
Having once again received the trifecta of AAA ratings from the three major bond rating agencies, the Maricopa Community Colleges are readying to sell $151 million in General Obligation Bonds to finance a variety of construction projects throughout Maricopa County.
Arizona’s economic recovery is flattening out statewide, with job growth outside the Phoenix metro area for this year and next predicted to be anemic.
Dillie Nerios is a Florida food stamp recruiter. Her job is to sign up 150 seniors monthly in the Supplemental Nutrition Assistance Program (SNAP).
Arizona's economic recovery is flattening out statewide, with job growth outside the Phoenix metro area for this year and next predicted to be anemic.