2012 Arizona Senate debate: on Budget & Economy


Richard Carmona: Supply-side economics is valid

Carmona allowed that some Republican economic views, like supply-side economics, hold validity, but insisted that "the markets are much more complicated than that." On taxes, however, he said that he agreed with Flake that "we have to do everything we can to lower the tax rates."

"We don't want to raise taxes now because that'll push us further into a recession, but we need to start generating some income," Carmona added.

Source: The Hill coverage of 2012 Arizona Senate debates Oct 10, 2012

David Ruben: Wealth has become concentrated in the hands of a few

Wealth in the U.S. has become concentrated in the hands of a few, Ruben said. There is nothing wrong with someone being wealthy, but the income imbalance isn't helping the economy.

If most of the money is concentrated in the hands of a few, then the average person doesn't have any money to spend to keep the economy going, he said. Increasing taxes on the wealthy won't hurt them and would help the economy by supporting services that middle- and low-income people use to help themselves get better jobs

Source: Kingman Daily Miner on 2012 Arizona Senate debate May 24, 2012

  • The above quotations are from 2012 Arizona Senate debates in primary and general election.
  • Click here for definitions & background information on Budget & Economy.
  • Click here for other issues (main summary page).
  • Click here for more quotes by Richard Carmona on Budget & Economy.
  • Click here for more quotes by Jeff Flake on Budget & Economy.
Candidates and political leaders on Budget & Economy:

Retired Senate as of Jan. 2015:
GA:Chambliss(R)
IA:Harkin(D)
MI:Levin(D)
MT:Baucus(D)
NE:Johanns(R)
OK:Coburn(R)
SD:Johnson(D)
WV:Rockefeller(D)

Resigned from 113th House:
AL-1:Jo Bonner(R)
FL-19:Trey Radel(R)
LA-5:Rod Alexander(R)
MA-5:Ed Markey(D)
MO-9:Jo Ann Emerson(R)
NC-12:Melvin Watt(D)
SC-1:Tim Scott(R)
Retired House to run for Senate or Governor:
AR-4:Tom Cotton(R)
GA-1:Jack Kingston(R)
GA-10:Paul Broun(R)
GA-11:Phil Gingrey(R)
HI-1:Colleen Hanabusa(D)
IA-1:Bruce Braley(D)
LA-6:Bill Cassidy(R)
ME-2:Mike Michaud(D)
MI-14:Gary Peters(D)
MT-0:Steve Daines(R)
OK-5:James Lankford(R)
PA-13:Allyson Schwartz(D)
TX-36:Steve Stockman(R)
WV-2:Shelley Capito(R)
Retired House as of Jan. 2015:
AL-6:Spencer Bachus(R)
AR-2:Tim Griffin(R)
CA-11:George Miller(D)
CA-25:Howard McKeon(R)
CA-33:Henry Waxman(D)
CA-45:John Campbell(R)
IA-3:Tom Latham(R)
MN-6:Michele Bachmann(R)
NC-6:Howard Coble(R)
NC-7:Mike McIntyre(D)
NJ-3:Jon Runyan(R)
NY-4:Carolyn McCarthy(D)
NY-21:Bill Owens(D)
PA-6:Jim Gerlach(R)
UT-4:Jim Matheson(D)
VA-8:Jim Moran(D)
VA-10:Frank Wolf(R)
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Page last updated: Dec 04, 2018