Arizona Governor : We face a state fiscal crisis of unpar...

[DiscoTonio]

Arizona Governor Jan Brewer: "We face a state fiscal crisis of unparalleled dimension"
Mish, 24/12/2009
http://globaleconomicanalysis.blogspot. ... -face.html

C'est la reprise !

Dear Fellow Arizonan,

We face a state fiscal crisis of unparalleled dimension – one that is going to sweep over every single person in this state as well as every business and every family.

That is why I held an emergency cabinet meeting yesterday morning where I outlined for our state’s elected leaders and business leaders the ills our state faces. As I told them yesterday, we ARE faced with some of the worst days in our 97-year history.

We can debate how we got here, but we CANNOT remain paralyzed in our efforts to address the situation. We must set aside partisan politics and face the problem head on.

So here’s the TRUTH:

* The state has a budget deficit for the current fiscal year of $1.5 billion.
* Next fiscal year, 2011 -- a budget year that begins in just six months -- is even worse. Next year’s budget deficit stands at $3.4 billion. As of today -- right now, that MUST change.

..

This problem did not happen overnight.

* Five years of spending nearly doubled state government.
* The economic recession has reduced state revenues by almost 40 percent in just 3 years.
* Population growth in school children, university students, health care and welfare populations and inmates in our state prisons has fundamentally ruled out simplistic solutions like rolling the state budget back to levels from five, six, or more years ago.
* Federal and voter mandates prevent us from touching nearly two-thirds of the state budget.
* And procrastination, denial, and lack of will have allowed these problems to fester.


We must solve these problems and we must solve them now. More than calling for cooperation, today I had state government implement various emergency measures meant to ensure Arizona’s fiscal solvency. Among them:

* I ordered the Arizona Department of Corrections to return to the custody of U.S. Immigration and Customs Enforcement (“ICE”) -- as soon as possible -- all non-violent criminal aliens as is allowed under existing law. These inmates are the responsibility of the federal government (as is securing our border with Mexico). Arizona should not have to bear this cost.
* I am restating my Arizonans-only directives to state agencies to ensure that public benefits are provided only to those who are legally in this country and who reside in this state.
* Effective immediately, I have ordered all state agencies who benefits to citizens to implement means testing and sliding fee schedules. While the government safety net must stay in place, we need to secure help only for the neediest among us.

...

We owe it to the citizens of this state -- our children and grandchildren -- to adopt and approve a solution.

Sincerely,

Jan Brewer

Governor

Avec plein de graphes de "reprise" aussi...

This is the most reasonable admission of a huge budget problem by any governor to date. However, the governor fails to point out the role of unions, pensions, and bloated government bureaucracy in the mess. Otherwise it is a good start.

The jobs projection seems realistic. Please note however, the chart depicts a jobs projection, not an unemployment projection. If it does take 7 years to get back to even, Arizona's unemployment may be the same or even higher than it is today.
[...]

Arizona is first up to the confessional especially in regards to the grim employment picture. Who is next?

[taratata]

il serait intéressant de connaitre de quelles activités principales viennent les recettes fiscales de l'Arizona. La chute des recettes fiscales semble vertigineuse.

[Paf La Bulle !]

Casinos ?

Ou ça

[Incubus]

il serait intéressant de connaitre de quelles activités principales viennent les recettes fiscales de l'Arizona. La chute des recettes fiscales semble vertigineuse.

Economy
The 2006 total gross state product was $232 billion. If Arizona (and each of the other US states) were an independent country along with all existing countries (2005), it would have the 61st largest economy in the world (CIA - The World Factbook). This figure gives Arizona a larger economy than such countries as Ireland, Finland, and New Zealand. Arizona currently has the 21st largest economy among states in the United States. As a percentage of its overall budget, Arizona's projected 1.7 billion deficit for '09 is one of the largest in the country, behind such states as California, Michigan, and Florida, to name a few.[30]

The state's per capita income is $27,232, 39th in the U.S. Arizona had a median household income of $46,693 making it 27th in the country and just shy of the US national median. Early in its history, Arizona's economy relied on the "Five C's": copper (see Copper mining in Arizona), cotton, cattle, citrus, and climate (tourism). At one point Arizona was the largest producer of cotton in the country. Copper is still extensively mined from many expansive open-pit and underground mines, accounting for two-thirds of the nation's output.

[edit] Employment
The state government is Arizona's largest employer, while Wal-Mart is the state's largest private employer, with 17,343 employees (2008).

http://en.wikipedia.org/wiki/Arizona

Du point de vu taxes, ils ont de la marge

Taxation
Arizona collects personal income taxes in five brackets: 2.87%, 3.20%, 3.74%, 4.72% and 5.04%. The 'sales tax' is generally around 6.3%.

[rhnk17]

l'Arizona, c'est pas là où il y a Phoenix ? La ville en plein désert où il n'y a pas assez de terrain, et donc une bulle immobilière ?

[reflex69]

l'Arizona, c'est pas là où il y a Phoenix ? La ville en plein désert où il n'y a pas assez de terrain, et donc une bulle immobilière ?

Tu confonds avec Dubaï

[rhnk17]

vrai...c'est fou ces déserts où on manque de place...