There are 18 item(s) tagged with the keyword "Economy".
- Displaying: 1 - 10 of 18
- 3. The Economic Impact of the Super Bowl
If you listen to the Super Bowl Hype-a-Thon, big business interests, and the media, you would believe that everybody in Arizona will receive a huge economic boost from hosting the Super Bowl in 2015. If Governor Brewer hadn't vetoed SB1062, the Super Bowl wouldn't come to Arizona!!! (The articles on this disaster are easy to google.)
Well, what about that "economic boost"? I for one have some questions. For example, how much has it cost the taxpayers to build the Stadium that meets the requirements of the NFL? How much will it cost the taxpayers to refurbish it? How much will the taxpayers pay for additional police and fire protection? Street maintenance? Advertising?
Did you know that SRP wasted $1 million of their customers' money on a Super Bowl advertising campaign that did nothing to improve energy efficiency or serve its ratepayers? Also, SRP isn't in competition with other utilities and doesn't even need to self-promote at the Super Bowl. Stated Diane Brown, executive director of the Public Interest Research Group (PIRG), "When SRP promotes the Super Bowl, the arts or human services, no matter how valiant the program, the correlation to the purpose of providing electricy and water fails to exist and ratepayers are left with a tab they didn't order."
What about all those economic benefits?
According a Sports Illustrated article titled "There is no Blip: Super Bowl could be Super Bust for host cities, study finds":
"A look at six Super Bowls dating to 1979 -- three in Miami, two in Tampa, one in Phoenix -- found no increase in sales revenue over previous years without the big game, said Philip Porter, author of the study.
"One reason may be that the estimated 140,000 fans who attend Super Bowl events in tourist-oriented Florida, Arizona or California displace the usual visitors from colder regions, he said.
"'There ought to be a spike that sticks up like a sore thumb," said Porter, an economics professor at the University of South Florida at Tampa. "It doesn't exist. There is no blip. You don't find anything.'"
"We are being suckered," Porter said. "People who want us to do something for them are selling us snake oil."
That was then. What about now? Take a look at this January 2014 article "It's the Local Economy, Stupid"
On one side, you have the NFL. Last week, the league, as part of its non-stop hype-a-thon for the First Super Bowl Outdoors In Cold Weather Isn't Snow Just Romantic?, reported that the New York/New Jersey economy would see a $600 million boost as a result of Super Bowl spending. "Thanks to the Super Bowl, we're seeing more hotel rooms booked and restaurant tables reserved and even more excitement than usual for this time of year," U.S. Rep Carolyn Maloney told reporters.
On the other, you have the nation's sports economists, who say the actual number is a fair bit lower. Like, maybe, zero. "There still remains no ex post evidence of an economic impact," says University of South Florida professor Philip Porter, almost audibly sighing over email since, as someone who's been studying this topic for more than a decade, he gets the same question every year at this time. "Super Bowl attendees simply don't buy much that the local economy sells."
One of the researchers quoted in the above article was Victor Matheson. The abstract from his indepth study titled Economics of the Super Bowl states:Click here to read more
- 4. Misplaced Priorities
by Payson resident Don Cline
(This is Mr. Cline's response to a recent letter to the editor of the Payson Roundup. You can read Mr. Cline's letter HERE.)
Misplaced priorities, according to Larry Brophy, hurts all Americans (Roundup, Jan.14), and he is right. Mr. Brophy illustrates this perfectly, but not in the way he thinks.
Obamacare is the misplaced priority; it is illegal, unConstitutional, incredibly expensive, and has cost thousands of people their healthcare. Thank God for Tea Party Republicans; they are trying to abolish it, and that is the highest priority there is.
The Republicans have been doing something about the 20 million Americans unable to find work; they’ve been doing everything they can to stop the Democrat spending spree and reduce taxes so the money could be used to build businesses and stimulate the economy. If America has the highest inequality of wealth in history, it’s because the Democrats like it that way: They could stop spending us into bankruptcy and let the producers of wealth put the workers to work. It’s been proven time and time again: Reducing taxes stimulates the economy and puts people to work. But Mr. Brophy and his sycophants in the White House and Senate will have none of it.
Mr. Brophy thinks 9/11 never happened, Benghazi never happened, the Boston Marathon Bombing never happened, dozens of other terrorist attacks on U.S. soil and elsewhere never happened. We are being attacked regularly; does Mr. Brophy think our enemies will go home and pound sand if we eviscerate our military?
Complaining about corporations is getting old: It’s been proven over and over again, corporations pay more taxes than all others combined, and provide the most jobs.
Federal minimum wage? Here’s a fact: Workers must produce more than they cost in wages and benefits, or no one can afford to hire them. The bottom 20% of the economy will continue to receive less and less household income the higher the federal or State minimum wage goes.Click here to read more
- 5. The Truth about Job Growth in America
by Captain Rick of Atridim News Journal
The economy added 74,000 jobs in December while the unemployment rate dropped to 6.7 percent, the Labor Department reported Friday. Analysts had expected job growth of about 200,000, according to a Bloomberg survey of economists.
Captain Rick: Our economy is in sick shape...in spite of the hype we hear on the evening news...mostly being pumped by the DC political machine. This miserable jobs report is a prime example. The only reason the unemployment rate dropped to 6.7% is because a large number of job seekers have expired their unemployment benefits. Those who no longer qualify for unemployment are no longer included in the unemployment numbers. How inaccurate is that? The U.S. unemployment percentage is totally bogus...meaningless. The actual, real unemployment figure is twice as high. I believe the Fed is using this fictitious reduction to justify their reduction in Quantitative Easing...the pumping of $85 Billion (now reduced to $75 Billion) of red ink dollars into the US economy each month...in an attempt to make the US economy look like its doing OK...when it's really sucking. The truth is that the Fed must lower the red ink dollars it prints each month because the recent budget deal will not allow it...so that another rise in the U.S. National Debt can be avoided. How wonderful it would be if our political bureaucrats in DC would tell us the truth of what is really going on. I have a hunch they think most Americans are stupid and will believe the garbage fed to us via the evening news. Fortunately you have Captain Rick keeping an eye on things and reporting the truth.
For more reports from Captain Rick, visit him at Atridim News JournalClick here to read more
- 6. Center for Biological Diversity: Liars and Defamers
The Center for Biological Diversity is an evil organization that was proven guilty in 2005 of making "false, unfair, libelous, and defamatory statements against Jim Chilton, a Southern Arizona rancher."
Jim Chilton and his family were awarded $100,000 in actual damages and $500,000 in punitive damages. He planned to use part of the money to pay his lawsuit expenses, and donate the rest to the Arizona Cattle Growers Association to "promote truth and responsibility with respect to cattle grazing issues."
"Our opponents don't use science. They subvert science," stated Mr. Chilton. "Endangered species are just their tool to raise money and impose their anti-production philosophy." He is incensed over the lost livelihoods of tens of thousands of rural westerners: timber workers, ranchers, and miners who have lost productive well paid employment. "Too many other victims just couldn't defend themselves against relentless attacks by the CBD (Center for Biological Diversity) and Forest Guardians."
"Environmentalists wear people down until they can no longer function," stated a witness.
As Jim Chilton said, "Ranching is not a job. It's a culture. It's a unique western American way of life and a national cultural treasure worthy of preservation."
Dear friends of liberty, the Center for Biological Diversity is one of the many radical environmental groups that has learned how to subvert the legislative process and, between FY2009 - FY2012, fleeced American taxpayers out of over $2 million in their ESA (Endangered Species Act) lawsuits against federal agencies. It's quite a racket. See This is How Radical Environmental Groups Fleece the Taxpayer and Use the Money to Advance Their Agenda.
See also:Click here to read more
- 7. This is How Radical Environmental Groups Fleece the Taxpayer and use the Money to Advance their Agenda
It's called "Sue and Settle." Environmental groups work in close coordination with government officials. They sue the government agency to change environmental policy. The agency being sued uses "mediation" in a process to avoid a public court hearing. The lawsuit is settled for thousands of dollars, including attorney's fees, and the environmental policy is changed. All of this is done behind closed doors. No public disclosure. No legislative involvement.Take a look at the chart below titled ESA (Endangered Species Act) Litigation Expenditures by Organization to see how many millions in taxpayer dollars these radical environmentalists have been paid!
- 8. REMINDER: Please Comment regarding Two Issues relating to Mexican Gray Wolf/Dogs into Gila, Coconino, Navajo, and Graham Counties
Please comment against the two issues relating to the Reintroduction of the Mexican Gray Wolf. Deadline for comments is 12/17/2013.
1) The U.S. Fish & Wildlife Services (USFWS) plans to reintroduce wolves to Gila, Coconino, Navajo, and Graham counties. Comment by clicking HERE. You will see where to comment in the upper right hand corner. These wolves are an apex predator. This means that they have no fear of any other animal in the forest. A pack of wolves have killed grizzlies. They are capable of killing any animal they choose, including man.
2) The USFWS also intends to retain the "endangered" status of Mexican gray wolves. Comment by clicking HERE to object!. You will see where to comment in the upper right hand corner. If these animals are given this special protected status, it will have far reaching implications for all of us who live in the intended release area. It will affect our ability to use our own land! These animals are not pure wolves. There is DNA evidence suggesting they have mated with dogs. How can they be endangered if they are wolf hybrids?
Two public meetings have been set by the U.S. Fish & Wildlife Service for 12/3/2013 in Pinetop.
These meeting will be preceded by a movie and Rally sponsored by Americans for Prosperity.
Tuesday, December 3, 2013:Click here to read more
- 9. EPA's Secret Deals with Environmentalists: Sue and Settle
The EPA is under investigation for a practice called Sue and Settle. Environmentalists in government and private organizations have found ways to create new regulations by fashioning lawsuits tailored to have courts institute policy changes. Both parties involved in the lawsuits secretly decide in advance what the outcome will be and how much taxpayer money will be transferred to the environmental group in the settlement. In other words, they are exploiting the courts to change laws, and in the process, helping to fund radical environmental groups without legislative or taxpayer consent. Millions of taxpayer dollars have been given to these groups.
- 10. Report on the 11/14/2013 EPA Hearing: Navajo Generating Station
by Patrick O'Malley
Precinct Committeeman (LD12)
At the EPA Hearing on November 14, the EPA asked those who wished to speak to come up and take a seat at the front table two at a time for efficiency. So I’m making my comments and the guy sitting next to me is with the International Brotherhood of Electrical Workers. Is he supposed to be the balance to my conservative comments? No, we are both there trying to convince the EPA to leave Navajo Generating Station (NGS) alone. Or at least leave something in operation after they make their final ruling, because we both clearly see the damage changes at NGS will have on Arizona’s economy. It’s not just a federal authority out of control or state’s rights issue. This agency is messing with our everyday lives.
There were about 200 people at the hearing and about 100 of them made statements. It broke pretty cleanly into the Sierra Club wanting quick, drastic changes that will close NGS, and everybody else. Everybody else included legislators, union workers, Central Arizona Project, farmers, Indian Tribes, and average citizens. Rep. Warren Petersen and Joy Staveley from Canyoneers wanted the EPA completely out of our business and to back off completely from NGS. They have the right principles for the long term fight with the EPA, but I’m afraid it’s too late for principles to triumph on NGS.
The Technical Working Group (TWG) Negotiates a Surrender
In June of this year the Technical Working Group (TWG) got together and proposed a negotiated surrender as opposed to having the EPA force them into an unconditional surrender. TWG consists of Salt River Project and the Department of the Interior as major owners of NGS; Central Arizona Project (CAP) as the biggest customer of NGS; Gila River Indian Community as a major customer of CAP; the Navajo Nation because NGS is on their land, and they supply the coal to make it go; and two environmental groups, Environmental Defense Fund and Western Resource Advocates. The Sierra Club was originally part of TWG, but walked out when the plan wasn’t severe enough to satisfy them.Click here to read more
So why didn’t the State of Arizona get a seat at the TWG table? Technically because the EPA is dealing directly with the Navajo Nation and it’s not an Arizona issue, but it’s safe to assume the other members of TWG were afraid a State of Arizona representative couldn’t be trusted to surrender fast enough.