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Tag Archives: recession

Dire warnings of Prop. 100 foes didn’t come to pass (access required)

Three years after voters approved Proposition 100, the naysayers’ doom-and-gloom predictions about the consequences of the temporary sales tax hike haven’t panned out.

Arguments against Gov. Jan Brewer’s proposal for a temporary 1-cent sales tax increase often veered into predictions of catastrophe. Many said it would severely hamper the state’s economic recovery efforts, that the tax hike would herald a future of tax-and-spend policies in support of an expanding and bloated government that would scare off businesses, and push Arizona toward bankruptcy and turn the state into another California.

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Rebuilding after the collapse (access required)

In 2006, Arizona-based Fulton Homes opened Fulton Ranch in Chandler, a 520-acre upscale, master-planned community. That was the height of the residential housing boom and high demand justified the financial risk.

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Minimum wage increase will help Arizona’s working families

While working families struggle to make ends meet in this sluggish economy, there is a bright spot on the horizon for Arizona’s lowest-paid workers: On Jan. 1, the state’s minimum wage increased 30 cents to $7.65, raising wages for more than 130,000 low-wage workers.

The increase not only helps hard-working Arizonans provide for their families, but also boosts the overall economy.

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