I had a great time presenting alongside others at the UA Forge S. AZ Economic Impact Summit yesterday. There are so many organizations doing amazing things for our economy in Pima County-Tucson!
#OnePimaCounty #StartupTucson #UACI #Forge #Tucson #PimaCounty #EconomicDeveloment
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Jim Rounds
@_jimrounds
Champion grocery store bagger, Fry's Food Stores. Also, President/CEO of . See RCG account for primary tweets.
Jim Rounds’s Tweets
The economy is often on Arizonans' minds. And it's a particularly thought-provoking — and important — factor during election season.
To learn how important the economy is in the election, The Show speaks with and Joe Garcia of .
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Sun Devils, we have another #1 ranking to celebrate!
For the eighth year in a row, is No. 1 in innovation in the newly released annual #BestColleges rankings by .
More: ow.ly/ewTz50KH8QQ
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If we are already in a recession (we aren't quite there BTW), then we should be coming out of it around September. Thus, if you are a "recession now" candidate, then you must start saying that things are about to get much better. Well played! 🤔
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Meet one of our speakers, President of , ! We're so excited to have him join us for this year's #BizDiversity Summit. Be sure to secure your spot if you haven't yet, at members.azhcc.com/signature-even🤝
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Business leaders know Arizona’s good quality of life, great schools, skilled workforce and innovation ecosystem is the right environment for their expansion. Shared Arizona’s advantages and recent business wins with for #CoffeewithKen.
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Math is scary…
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The RCG "math based" AZ budget:
1) There's $ to immediately trigger the 2.5% flat tax.
2) Recession by '24 = $1.5B needed in rainy day fund.
3) Tax cut beyond 2.5% flat will lose AZ $.
4) Can't use GF to fund more K12, add 4/10ths cent sales tax and be done with it.
5) Adjourn.
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Monday ADHD thoughts that now I’m obsessed with…
What is the economic impact of ending mail in voting in Arizona?
How much will it cost the Arizona of people have to choose to take sick time on order to stand in a 4-5 hour line to vote?
They won’t have that sick time later
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A year of accomplishment, optimism and strength. Thank you, Arizona. On to 2022! #YearinReview
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ASU home game #236 (and last). RETIRING in the Spring after 37 years😊. What a blessing to work my whole career at ASU. Thanks to all the former student workers who traveled back to help paint. See ya at the stadium one last time tomorrow?
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Excited to be moderating a panel on AZ's manufacturing boom with diverse experts on 4/21 at #TrendsDays w/ , , , . There's just too much to talk about to fit in ONE panel. But we'll try...
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ULI Arizona’s 16th Annual Trends Days is now opened for Registration. April 20-22. arizona.uli.org/events/16th-an
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With the new federal coronavirus relief package now awaiting Biden’s signature, Arizona is expected to receive funding for health care, vaccines, education, businesses and cities.
To break down what that will mean, The Show speaks with .
bit.ly/3veXDNI
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Must read if you care about advancing the economy...
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GUEST OPINION: Making a case for New Economy Initiative azcapitoltimes.com/news/2021/02/0 via @PaulDBoyer @roundsconsult
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How Vaccines Impact Arizona's Economy - Get the facts thanks to , Phyllis Arthur ; , and Dr. Mike Mobley youtu.be/UkZ0JM25LIg (hosted by and )
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This is a very good year-end economist roundtable on AZ Horizon. Take a look, lots of good info. And thanks to for having us on each year.
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3/3 Therefore, getting this vaccine distributed quickly is the biggest & most efficient economic stimulus money can buy for a relatively low cost. Any policymakers that call themselves econ/job friendly need to get this done.
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2/3 If we can shorten the recovery by just 6 months, we collect an additional $250M in taxes (the math is more complicated, but go with this). It then gets combined with savings on reduced govt assistance payments, for a combined fiscal impact of about $400M.
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1/3 Here is a free economic analysis of the Covid-19 vaccine distribution. AZ is still down 93k jobs. The fiscal impact (tax revenues) of recovering these jobs is close to $500M/yr at the state and local levels.
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The US Senate rose to the occasion in what will be recorded as one of the darkest days in our nation’s history. @senatemajldr: “Failed insurrection.” : “Freedom wins.” And for the record, Arizona had a free and fair election.
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The Excel Center is changing lives, and state lawmakers are paying attention. This #EdPalooza session is exploring how an economic impact analysis is helping move policy across the finish line. TY
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Tweeting again to further emphasize the importance of this topic. This is a big deal!
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@AZRegents are spot on. Closing the attainment gap will result in $billions worth of addl economic activity each year, and many $millions in addl state tax revenue. If invested properly, the state will realize a positive ROI which benefits all taxpayers. twitter.com/AZRegents/stat…
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Does the economic recovery hinge on who wins the Presidential election?
We'll see what thinks at 7:12 a.m.
bit.ly/KTARListen
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MUST READ: Arizona headed for faster economic recovery than rest of nation
✅Business friendly regulatory environment
💰$1B in the rainy day fund
3⃣ Currently #3 in the country for job growth
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Due to the coronavirus, Nike no longer plans open a manufacturing plant southwest of Phoenix.
To talk more about Nike and the economy, The Show speaks with .
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In fact, every rural lawmaker should be fighting for a more aggressive statewide tourism budget/plan as we slowly emerge from the recession. This is basic business; spend money to make even more.
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Critical econ finding this week: Tourism industry crushed. 80% decline in April. Year > 65% down. Pent up demand will exist. Each 10% recapture of COVID19 loss=$100M in AZ taxes. Need to double or triple the marketing budget for 3-4 yrs. Yes, used math.
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Tonight and welcome economist on the show to discuss what a post-pandemic recovery might look like. #SocialDistancingHappyHour #ChamberBizNews
youtube.com/watch?v=DwgLF_
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“We’re going to be generating a lot more money than it’s going to be costing” … “It’ll be a positive return for taxpayers.” - on the New Economy Initiative at the AZ Senate Higher Education and Workforce Development Committee
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“With $700 million in capital investment and 2,000 jobs on the way… this is one of the most significant jobs announcements in recent memory.” - Gov. welcomes to #Arizona! 🚗🌵
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Read both op ed. Not everyone needs 4yr college. Ok. But those local market construction, plumber, electrician, etc jobs exist because of the base sector jobs that indeed require higher level education. Can work on both. If can’t walk & chew gum at the same time then take a seat.
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Dueling op-eds on @azcentral right now: It's OK not to go to college azcentral.com/story/opinion/ vs. College can benefit everyone azcentral.com/story/opinion/
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#Arizona recently ranked 3rd in the nation for economic momentum. While this is a two-spot improvement from last year, the work to improve economic health is never done >>>
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ABOR Executive Director John Arnold spoke with about the 2018 College Enrollment and Completion Report and the need to increase educational attainment in Arizona. Read the article here: chamberbusinessnews.com/2019/02/11/add
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At 6:13: We'll get Valley economist take on the newly released Economic Outlook for 2019. bit.ly/KTARListen
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US imposing addition $200 billion in tariffs on China. What does that mean for you? We'll talk to Valley economist at 6:42. bit.ly/KTARListen
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Many candidates this time of year make promises that cannot be kept because of cost and low return on investment. Debate moderators need to ask how things will be funded when ridiculous promises are being made.
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The AEA opposes a sales tax for ed. The avg family spends $1,000/yr on state sales taxes. If the xtra utility costs reach $1,200/yr it’s the same as raising the state sales tax rate to 11.7%. If up by only half, it’s still equiv to a tax rate of 8.7%. AEA is all politics, no ed.
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BREAKING: Statement from @ArizonaEA slams @apsFYI for misleading Arizona voters in latest attack ad #YESon127
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Alternative: I pledge to support education funding in a way that considers:
1) The many things that make an economy function including K12, higher ed, and workforce dev.
2) The best way to raise revenue and not harm the economy.
3) The use of proper math and analysis.
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20%/2020 will provide teachers with double the pay raise compared to Prop 207, will be carefully managed, will be part of a longer look at building the economy incl higher ed, won’t hurt small businesses, and won’t negatively impact our econ growth potential.
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Get back to us after you review the various econ dev programs, transportation network, industry composition, property taxes, workforce quality, training efforts, marketing, regulations, cost of living, university support, communications infrastructure, real estate issues, etc.
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States with the highest top income tax rates are hardly struggling. In fact, those states are experiencing more favorable economic conditions than the states with no income tax at all.
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