Doug Ducey on Budget & Economy

Problem is over-spending; so solution isn't more spending

Now maybe I'm of the old school of economics, but this strikes me as a problem. And I am just not persuaded by appeals to raise taxes so that we can spend more. I look at it this way: If the problem is spending more than we have, the solution cannot be even more spending. Instead of demanding more revenue from the people, I suggest we demand more fiscal responsibility from our government.

Balance budget without raising taxes

The requirements we impose on banks that do business with the state favor "Too-Big-To-Fail" banks, none of which are located here in Arizona. We have many fine local banks that would be capable of managing large state accounts. Let's give them the chance to compete and grow in Arizona!

Ask small businesspeople what makes their lives difficult, and--after taxes--they inevitably say it's the cost and uncertainty of complying with so many regulations. We need a government-wide review of regulations, including quantifying the costs of new rules on Arizona employers. By executive action I will eliminate bureaucratic regulations that are unreasonable and unfair to business owners and employees.