Jeff Grundy has been writing computer-related articles and tutorials since 1995. Since that time, Grundy has written many guides to using various applications that are published on numerous how-to and tutorial sites. Born and raised in South Georgia, Grundy holds a Master of Science degree in mathematics from the Georgia Institute of Technology.
Q. I have heard a lot lately about top tier gasoline brands and read some positive comments from you about using top tier gas based on AAA testing. However, I would like to know if the brands BP and the SAM’s club brands would be considered top tier. My second question is, where I live the gas, all looks like it comes from the same terminal. How do I know I’m getting the gas I’m paying for?
A. To find is a gasoline is considered TopTier go to www.toptiergas.com. BP was once listed as TopTier gasoline but recently it looks like they are no longer on the list. All gasoline base stock is the same. The formula and quantity, of the additives are proprietary and this is what makes gasoline brands unique. These additives are installed when the tankers are filled with products.
Q. I have owned a variety of cars, from a “Bullet- Mustang” to Volkswagen GTIs and now a S-line Audi. I have been practicing about the all-new Nissan Z. I owned a 240 Z when it was actually a Datsun and have loved most (not all) versions since then. What is your opinion of the latest iteration of the Z car?
A. I recently spent a few days evaluating one and found it to be fantastic. I also took it to a local car show to judge the reaction from attendees and all comments were very favorable. I think Nissan did a very good job with both interior and exterior design paying homage to the original 240 and 260 Z cars. The ride, handling and braking were superb and the 400-horsepower turbocharged V-6 engine especially when coupled with the six-speed manual transmission was superb. The cabin was a little cozy and I would have liked to hear a bit more exhaust note, but overall this latest Z-car is a winner.
Q. I own a 2018 Acura MDX that I take every year to Florida for the winter. Now that just about all of the exit numbers have changed my factory GPS isn’t as helpful as it once was. My question is, would the update to the factory GPS be covered under my warranty?
A. Yes, exit numbers will be changing as to comply with a 2009 mandate from the Federal Highway Administration for all states to have exit numbers of match mile markers. This new numbering will take a little to get used to but will allow motorists to know the distance between exits and will also allow for easier to locate motorists if they break down. Since the navigation system is operating as it was designed it would not be covered under the warranty. That being said, I have a portable Garmin navigation unit and they did provide an update at no charge. So perhaps Acura in the spirit of customer satisfaction may do something similar.
Q. I have 2010 Mazda Miata and the rear shock mount looks rusted. I plan to replace both strut cartridges, should I replace both rear mounts? The car has low miles and is only driven in the summer, and I do plan on keeping it for a while.
A. If this were my car, I would replace the struts with an entire assemblies. There are several brands, one is Monroe, and they offer a quick-strut, which includes a completely assembled strut with the spring, bushings and mount. This is an easier to install option and will also restore the ride height and handling.
Q. I recently had the left headlight burn out on my 10-year-old Chevy Malibu. A kindly police officer stopped me-no ticket. My last Malibu that was older the entire bumper needed to come off. Is this true on this car too?
A. There have been a little improvement in this design and on the 2013 Malibu the windshield washer tank needs to be removed. Once removed you will have access to the bulbs. My advice is to replace both low beams bulbs, the light will be evenly bright and no tickets.
Q. I have a question regarding my 1968 Pontiac GTO that I have owned for almost 20 years. It’s been restored and is a low mileage California born and bred car. My problem is that the car runs smoothly at normal in town speeds (up to 60 MPH but on the freeway, once you reach 68-70 MPH the car tends to shake as if the wheels are out of balance. I recently installed a set of expensive Firestone redline wide oval radial tires purchased from Coker Tire. When they were first installed by a local shop, due to the vibration, I felt that they were not balanced properly so I had a different shop rebalance them. Unfortunately, there was no change. I have disc brakes up front and drums in the rear. Both were replaced, including the drums, within the last 1000 miles. Most front-end components and suspension parts were also replaced. Could you suggest what the next step I should take to diagnose this issue. The issue only seems to be noticeable at high speeds. A friend of mine suggested that the drive shaft could be out of balance. I’m anxious to have this car run as good as it looks.
A. First off, I don’t believe it is a driveshaft balance issue. If it, were you would feel the vibration in the body of the car much more than the steering wheel. Back in the 60’s 70’s and even 80’s we would use a on-the-car wheel balancer. These balancers would not just balance the wheels and tires but the hubs, rotors and drums. With a little investigating you may find a shop with one of there balancers. The other possibility is that the tires, wheels and hubs need to be better matched to each other. Every tire, wheel and hub have a high and low spot. If the high spot of the wheel is mounted on the high spot of the hub, even if the wheel and tire is perfectly balanced you can get a vibration. At this point it will take some time with a dial indicator and runout gauge to get everything as close to perfect as mechanically possible.
Got a car question, email the Car Doctor for a personal reply. firstname.lastname@example.org
The MarketWatch News Department was not involved in the creation of this content.
Oct 14, 2022 (The Expresswire) -- Global “HR Core Administration Software Market” (2022-2028) research report offers inside and out examination on market size, share, drivers, limitations, etc. Besides, this report remembers the inexact investigation of various portions for terms of general development, advancement, opportunity, business methodologies, and so on for the gauge time of 2028. The report contains the essentials delivered and headways by various applications Share and The most latest pattern acquiring momentum in the market that builds mindfulness about the HR Core Administration Software market. The report supplies a complete investigation of business angles like worldwide HR Core Administration Software market size, ongoing technological advances, and developments. The examination report comprises of the presentation of the market, vital participants, amazing open doors, restrictions, product and type classification, and large market investigation.
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Market Analysis: Global HR Core Administration Software Market
The global HR Core Administration Software market is projected to reach USD million by 2028 from an estimated USD million in 2022, at a CAGR of % during 2023 and 2028.
Global HR Core Administration Software manufacturers include Automatic Data Processing, LLC, SAP SE, Ultimate Software Group, Inc., Linkedin (Microsoft), Oracle Corporation, Workday, Ceridian HCM, Inc., Kronos, Inc., Infor, IBM Corporation, Cornerstone OnDemand, Paycom Software, Inc., Intuit, SumTotal Systems, LLC (SkillSoft), Sage, Epicor Software, Accenture, Workforce Software, Zenefits, Ramco Systems, EPAY Systems, PeopleStrategy, Inc., etc. The top 2 companies hold a share about 80%. Europe and China are the largest market, with a share both about 40%. In terms of product, synthetic PBO is the largest segment, with a share over %. And in terms of application, the largest application is home pest care, followed by agricultural.
This report aims to provide a comprehensive presentation of the global market for HR Core Administration Software, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding HR Core Administration Software. The HR Core Administration Software market size, estimations, and forecasts are provided in terms of output/shipments and revenue (millions), considering 2021 as the base year, with history and forecast data for the period from 2017 to 2028. This report segments the global HR Core Administration Software market comprehensively. Regional market sizes, concerning products by types, by application, and by players, are also provided. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the HR Core Administration Software manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, product type, application, and regions.
The Global HR Core Administration Software market is anticipated to rise at a considerable rate during the forecast period, between 2022 and 2028. In 2021, the market is growing at a constant rate and with the rising acquisition of strategies by leading players, the market is expected to rise over the projected horizon.
Final Report will add the analysis of the impact of COVID-19 on this industry.
According to our latest study, due to COVID-19 pandemic, the global HR Core Administration Software market size is estimated to be worth in 2021 and is forecast to a readjusted size by 2028 during review period. Online Sales accounting the HR Core Administration Software global market in 2021, is projected to value by 2028, growing in next six years. While HR Core Administration Software segment is altered between 2022 and 2028.
Moreover, it helps new businesses perform a positive assessment of their business plans because it covers a range of courses market participants must be aware of to remain competitive. The readers in the section will understand how the HR Core Administration Software market scenario changed across the globe during the pandemic, post-pandemic and Russia-Ukraine War. The study is done keeping in view the changes in aspects such as demand, consumption, transportation, consumer behavior, supply chain management, export and import, and production. The industry experts have also highlighted the key factors that will help create opportunities for players and stabilize the overall industry in the years to come.
COVID-19 and Russia-Ukraine War Influence Analysis
The readers in the section will understand how the HR Core Administration Software market scenario changed across the globe during the pandemic, post-pandemic and Russia-Ukraine War. The study is done keeping in view the changes in aspects such as demand, consumption, transportation, consumer behavior, supply chain management, export and import, and production. The industry experts have also highlighted the key factors that will help create opportunities for players and stabilize the overall industry in the years to come.
To know How COVID-19 Pandemic Will Impact This Market/Industry-Request a sample copy of the report -https://www.researchreportsworld.com/enquiry/request-covid19/21051482
Key Indicators Analyzed● Market Players and Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2017-2028 and Sales with a thorough analysis of the market's competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors. ● Global and Regional Market Analysis: The report includes Global and Regional market status and outlook 2017-2028. Further the report provides break down details about each region and countries covered in the report. Identifying its sales, sales volume and revenue forecast. With detailed analysis by types and applications. ● Market Trends: Market key trends which include Increased Competition and Continuous Innovations. ● Opportunities and Drivers: Identifying the Growing Demands and New Technology ● Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
Key Companies and Market Share Insights
In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2017-2022. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:
List of TOP KEY PLAYERS in HR Core Administration Software Market Report are -
● Automatic Data Processing, LLC
● SAP SE
● Ultimate Software Group, Inc.
● Linkedin (Microsoft)
● Oracle Corporation
● Ceridian HCM, Inc.
● Kronos, Inc.
● IBM Corporation
● Cornerstone OnDemand
● Paycom Software, Inc.
● SumTotal Systems, LLC (SkillSoft)
● Epicor Software
● Workforce Software
● Ramco Systems
● EPAY Systems
● PeopleStrategy, Inc.
The HR Core Administration Software Market is Segmented by Types:
● Core HR and Personnel Management
● Payroll Administration
● Benefits Administration
● Time and Attendance
● Employee Engagement
● Workforce Planning and Analytics
The HR Core Administration Software Market is Segmented by Applications:
● Financial Services
● Professional/Technical Services
HR Core Administration Software Market Technology Analysis:
In the global coronavirus pandemic, remote working had been introduced as a trend. But with the various virus variants and waves hitting the global locations, remote working has become a necessity to keep up with the trends and maintain a proper flow of the supply chain and production mechanism. With the rising investment in the research and development department and activities, the HR Core Administration Software solutions are acting as an efficient resource that goes easy on formatting. To collaborate motivation with efficiency and personal goals with the organizational HR Core Administration Software industry objectives, the HR Core Administration Software market size is implementing strategies so that there is a feeling of belongingness and recognition integrated with the push and need to come up with comprehensive ideas for the global growth of the market during the forecast period that ends in the year 2028.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of HR Core Administration Software in these regions, from 2021 to 2027, covering● North America (United States, Canada and Mexico) ● Europe (Germany, UK, France, Italy, Russia and Turkey etc.) ● Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam) ● South America (Brazil, Argentina, Columbia etc.) ● Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Global HR Core Administration Software Market Regional Analysis
Geographically, the global HR Core Administration Software Market is segmented into North America, Europe, South America, Europe, Asia Pacific and the Middle East and Africa. Research has a leading market share of in 2019. The market volume of HR Core Administration Software in Southeast Asia is largely connected to downstream demand.
The objective of the report is to present a comprehensive analysis of the Global HR Core Administration Software Market including all the stakeholders of the HR Core Administration Software industry. The past and current status of the industry with forecasted market share, size and latest and future trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the marketing 4.0 industry with a dedicated study of key players that includes industry top leading players, new consumers, shareholders.
Reasons to Buy This Report● This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global HR Core Administration Software market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market. ● This report will help stakeholders to understand the global industry status and trends of HR Core Administration Software and provides them with information on key market drivers, restraints, challenges, and opportunities. ● This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition. ● This report stays updated with novel technology integration, features, and the latest developments in the market ● This report helps stakeholders to understand the COVID-19 and Russia-Ukraine War Influence on the HR Core Administration Software industry. ● This report helps stakeholders to gain insights into which regions to target globally ● This report helps stakeholders to gain insights into the end-user perception concerning the adoption of HR Core Administration Software. ● This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
This HR Core Administration Software Market Research/Analysis Report Contains Answers to your following Questions● Which Manufacturing Technology is used for HR Core Administration Software? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments? ● Who Are the Global Key Players in This HR Core Administration Software Market? What are Their Company Profile, Their Product Information, and Contact Information? ● What Was Global Market Status of HR Core Administration Software Market? What Was Capacity, Production Value, Cost and PROFIT of HR Core Administration Software Market? ● What Is Current Market Status of HR Core Administration Software Industry? What’s Market Competition in This Industry, Both Company, and Country Wise? What’s Market Analysis of HR Core Administration Software Market by Taking Applications and Types in Consideration? ● What Are Projections of Global HR Core Administration Software Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about Import and Export? ● What Is HR Core Administration Software Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
An exhaustive and professional study of the global HR Core Administration Software market report has been completed by industry professionals and presented in the most particular manner to present only the details that matter the most. The report mainly focuses on the most dynamic information of the global market.
Purchase this report (Price 2900 USD for single user license)-
Major Points from Table of Contents:
1 HR Core Administration Software Market Overview
1.1 HR Core Administration Software Product Scope
1.2 HR Core Administration Software Segment by Type
1.3 HR Core Administration Software Segment by Application
1.4 HR Core Administration Software Market Estimates and Forecasts (2017-2028)
2 HR Core Administration Software Estimates and Forecasts by Region
2.1 Global HR Core Administration Software Market Size by Region: 2017 VS 2021 VS 2028
2.2 Global HR Core Administration Software Market Scenario by Region (2017-2021)
2.3 Global Market Estimates and Forecasts by Region (2022-2028)
2.4 Geographic Market Analysis: Market Facts and Figures
3 Global HR Core Administration Software Competition Landscape by Players
3.1 Global Top HR Core Administration Software Players by Sales (2017-2021)
3.2 Global Top HR Core Administration Software Players by Revenue (2017-2021)
3.3 Global HR Core Administration Software Market Share by Company Type (Tier 1, Tier 2 and Tier 3) and (based on the Revenue in HR Core Administration Software as of 2020)
3.4 Global HR Core Administration Software Average Price by Company (2017-2021)
3.5 Manufacturers HR Core Administration Software Manufacturing Sites, Area Served, Product Type
3.6 Manufacturers Mergers and Acquisitions, Expansion Plans
4 Global HR Core Administration Software Market Size by Type
4.1 Global HR Core Administration Software Historic Market Review by Type (2017-2021)
4.2 Global Market Estimates and Forecasts by Type (2022-2028)
4.2.3 Global Price Forecast by Type (2022-2028)
5 Global HR Core Administration Software Market Size by Application
5.1 Global HR Core Administration Software Historic Market Review by Application (2017-2021)
5.2 Global Market Estimates and Forecasts by Application (2022-2028)
6 North America HR Core Administration Software Market Facts and Figures
6.1 North America HR Core Administration Software by Company
6.2 North America HR Core Administration Software Breakdown by Type
6.3 North America HR Core Administration Software Breakdown by Application
7 Europe HR Core Administration Software Market Facts and Figures
8 China HR Core Administration Software Market Facts and Figures
9 Japan HR Core Administration Software Market Facts and Figures
10 Southeast Asia HR Core Administration Software Market Facts and Figures
11 India HR Core Administration Software Market Facts and Figures
12 Company Profiles and Key Figures in HR Core Administration Software Business
13 HR Core Administration Software Manufacturing Cost Analysis
13.1 HR Core Administration Software Key Raw Materials Analysis
13.1.1 Key Raw Materials
13.1.2 Key Raw Materials Price Trend
13.1.3 Key Suppliers of Raw Materials
13.2 Proportion of Manufacturing Cost Structure
13.3 Manufacturing Process Analysis of HR Core Administration Software
13.4 HR Core Administration Software Industrial Chain Analysis
14 Marketing Channel, Distributors and Customers
14.1 Marketing Channel
14.2 HR Core Administration Software Distributors List
14.3 HR Core Administration Software Customers
15 Market Dynamics
15.1 HR Core Administration Software Market Trends
15.2 HR Core Administration Software Drivers
15.3 HR Core Administration Software Market Challenges
15.4 HR Core Administration Software Market Restraints
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POUGHKEEPSIE, N.Y., Oct 6 (Reuters) - President Joe Biden on Thursday championed his administration's push to subsidize U.S. semiconductor chip manufacturing and boost blue-collar jobs at a visit to an IBM Corp (IBM.N) facility in New York.
IBM plans to invest $20 billion in New York's Hudson Valley region, once a manufacturing powerhouse, over the next decade to make and develop semiconductors, mainframe technology, artificial intelligence and quantum computing.
"Where is it written that we can’t lead manufacturing in the world?” Biden said. "The supply chain is going to start here and end here, in the United States."
Government funding is essential to boost manufacturing and ensure U.S. national security by producing critical goods now made abroad, Biden said. His administration and fellow Democrats have directed billions in federal funding to encourage private- sector spending and create jobs.
IBM's announcement is the latest in a string of investments unveiled since Biden signed the Chips and Science bill in August which funded $52 billion to subsidize semiconductor chips manufacturing and research.
"America invented these chips," Biden said.
Hefty subsidies for private businesses are necessary because China and the European Union had been awarding billions in incentives to chip companies, the White House says.
Biden has sought to capitalize on the investment announcements ahead of next month's midterm congressional elections. Last month, he traveled to Ohio to speak at the site of Intel Corp's (INTC.O) planned $20 billion semiconductor manufacturing facility.
The Hudson Valley, home of IBM's Poughkeepsie site, was an economic powerhouse during America's Industrial Revolution, but regional jobs dried up during the second half of the last century, as companies fled to lower-cost locations.
IBM, which laid off thousands of people in the region in the 1990s when it moved chip and other manufacturing, said it now plans to make the site "a global hub of the company's quantum computing development, just as it is today for mainframes."
IBM did not provide a detailed breakdown of its $20 billion investment plans.
The White House said it was sparked by Biden's economic policies.
"The industrial strategy is really helping to drive a renaissance in American manufacturing, and domestic investment ... that we haven’t seen in generations," White House National Economic Director Brian Deese told reporters en route to the IBM site.
On Tuesday, Micron Technology (MU.O) said it would invest up to $100 billion over the next 20-plus years to build a semiconductor fabrication facility in New York that is expected to create nearly 50,000 jobs, with the first phase investment of $20 billion planned this decade.
Biden was joined by IBM Chief Executive Arvind Krishna.
Reporting by Nandita Bose in Poughkeepsie, N.Y., and David Shepardson in Washington Editing by Heather Timmons and Matthew Lewis
Our Standards: The Thomson Reuters Trust Principles.
I have a question about why IBM chose to build an $8 million campus in 1956 in Rochester, which had a population of about 30,000 people. The late state lawmaker David Bishop wrote an article in 2011 that said it was the wartime friendship between the IBM CEO and a Rochester pilot that spurred Big Blue to choose the Med City over Madison, Wisconsin.
That sounds like a local legend. Is there proof that a friendship brought a major Fortune 500 company and thousands of jobs to Rochester?
Looking for Big Blue’s clues
I have heard many versions of the tale of why IBM chose Rochester. Personally, I think the version that Dave Bishop wrote is my favorite. It is a fantastic story of friendship transforming a community.
Unfortunately, it might not be completely accurate.
Here's the basic background. Thomas Watson, Jr., the son of IBM founder and future CEO, was a pilot in World War II. He flew missions with Leland (Lee) Fiegel of Rochester who was also a pilot. In 1942, they flew to Moscow for a secret mission, which later resulted in Fiegel being awarded the Distinguished Flying Cross medal for "meritorious achievement.”
I reached out to IBM to see if there was ever a recorded instance of Watson saying his connection to Fiegel drove the decision to build in Rochester.
“We have not been able to confirm this story. Yes, Thomas Watson, Jr. and Leland (Lee) Fiegel did fly on bomber missions during the war. And yes, Watson maintained a relationship with the Fiegel family following Lee’s death. However, we have not uncovered any corroboration to support the family’s assertion that Watson chose Rochester as an homage to his war buddy,” according to a response by IBM’s Lorie Luedke.
IBM historians went on to flesh out what is documented about the decision to build in Rochester.
“At the time of the announcement in 1956, the health and vibrancy of the city’s civic institutions were cited by IBM as the official reason. Decades later, in a 1989 speech at the Mayo Clinic, Watson, Jr. singled out the hospital as the chief reason,” wrote IBM’s archivist.
In that 1989 speech, Watson is quoted as saying, “When it became time to build an IBM plant out in that general area of the country, and nobody around the table had any particular idea where to go in that circle that included Lone Rock and some of your other interesting towns, I spoke up for the Mayo Clinic which accounts for the IBM plant being in that area today.”
A 1958 Post Bulletin article mentioned another reason: “Reporters were interested in why a Midwest site was chosen for this plant and how Rochester was picked. Watson explained that the company realized that it was awkward and dangerous for the customers of IBM to have its production concentrated in the East, so the executive plotted on a map the center of 12 Midwest states and swung a pencil in a radius 200 miles, which included Rochester, and then had an independent survey firm investigate about 80 cities for a possible site,” reads a Sept. 30, 1958 Post Bulletin article.
Later in the article, Watson explained, “We thought Rochester wanted an industry and it seemed the sort of place where our people could find more than the average intellectual challenge. We thought it was a very logical place to build a plant.”
Bishop’s account states that Fiegel, who was based in Washington, D.C., as a U.S. Army flight trainer, flew to New York in 1948 to meet with Watson. The return to Washington proved to be the last flight for Fiegel, who survived so many battles in World War II.
Fiegel’s plane crashed in Maryland killing him and two others. Newspaper articles in 1948 quote witnesses as saying an engine fell off the plane and it “disintegrated.”
The tragic death of his friend did come up when IBM announced the plans to build in Rochester. “Watson said that he was delighted his firm had decided on the site here (Rochester) because of his association with the Fiegel family,” reported a Sept. 27, 1958, Post Bulletin article.
The bottom line is that neither the archivists at IBM and Mayo Clinic nor the Rochester Public Library’s amazing reference librarian Susan Hansen or even the Answer Man's crack investigative team could find definitive proof that the Watson/Fiegel friendship brought IBM to Rochester.
It's still a good story.
Send questions to Answer Man at email@example.com .
The Arizona Republic sent nearly a dozen questions to both candidates for Arizona governor to help voters understand more about where they stand in one of the most important races on the Nov. 8 ballot.
The questions touched on policy and style, and Democrat Katie Hobbs and Republican Kari Lake had more than a week to respond in writing to the identical questions.
Below are the responses from Hobbs, Arizona's secretary of state. Lake did not respond and follow up calls to her campaign were not returned. This article will be updated with Lake's answers, if she chooses to provide any.
Hobbs, 52, has served a dozen years in elected office after voters first sent her to the state Legislature in 2010. She was elected secretary of state in 2018, and the office's duties include overseeing elections in the state, business registrations and records and other administrative roles.
Arizona is almost evenly divided between Republican, Democratic and independent voters. As governor, you’d represent all of them, including those who don’t share your priorities or ideology. How will you govern for all of Arizona’s over 7 million residents?
Hobbs: This election isn’t a choice between Democrats and Republicans – it’s a choice between sanity and chaos. I’m focused on bringing people together to tackle our state’s toughest challenges, and I’ve offered comprehensive plans to lower costs, address our water crisis, Boost education, and restore access to reproductive health care. These aren’t Democrat or Republican issues – they’re Arizona issues and they need Arizona solutions.
I have a track record of working across the aisle to deliver results for the people of Arizona. When I was in the Legislature, I worked with Republican governors to expand health care to over 550,000 Arizonans, I found new ways to tackle the opioid epidemic in our state and I worked with both parties to clear the state’s rape kit backlog and put sexual assault offenders in jail. That’s why Republicans and Independents have joined our coalition and know that I’ll be a governor who works for all Arizonans.
Arizona governor’s race: New poll shows tight contest between Hobbs, Lake
When Gov. Doug Ducey hands the baton to Arizona’s next governor in early 2023, the state will look very different than what he inherited when it comes to finances, educational choice, economic and population growth. What did Ducey get right, and what should he have done differently?
Hobbs: Gov. Ducey has helped restore Arizona’s image and reputation, which has encouraged Arizona’s economy to grow, businesses to move here and employees to make Arizona home. I look forward to building on these economic successes and ensuring our continued growth benefits all Arizonans.
But Gov. Ducey has also kicked the can down the road on too many of our urgent issues. Because he didn’t take aggressive action on our water crisis, the federal government came in this year and mandated draconian cuts to our water supply. And because he didn’t invest in our children’s education, Arizona has remained at the bottom of the rankings, and our children’s futures are being short-changed. I’ve never backed away from tough challenges, and as governor, I’ll tackle these head on.
As the state’s chief executive, the governor has immense power to issue executive orders and control the operation of Arizona’s government agencies. What is your philosophy about how a governor should use that power?
Hobbs: I’m running for governor to continue doing what has been my life’s work for this state: deliver accountability, transparency, and results for the people of Arizona. As secretary of state, I took a wasteful and mismanaged office and worked with Democrats and Republicans to streamline operations, fix broken systems, and make the office accountable to the people.
That’s exactly the kind of leadership I’ll bring to a Hobbs Administration when I’m elected governor. I vow to uphold what people across our state — not special interests or out-of-state investors — want, because Arizona’s government must be accountable to Arizonans.
The governor also must work with the state Legislature to achieve many policy goals, and a partisan divide between the chief executive and the party that controls the Legislature is possible. How will you work with lawmakers to achieve your policy priorities, and would you use your bully pulpit to influence issues?
Hobbs: With extremists like my opponent trying to divide us, it’s more important than ever that we find ways to come together and create common-sense solutions to the issues facing us all. This race is not about Democrats versus Republicans — and our government shouldn’t be, either.
My track record shows that I know how to find common ground where our government can deliver real solutions to the issues affecting Arizonans. That is the kind of bipartisan leadership I will champion for Arizonans when elected governor.
And when extremists in the Legislature fail to respect the will of their constituents – for example, by refusing to repeal the draconian 1901 total abortion ban – I will use every tool in the governor’s toolbox to ensure our state government reflects what Arizonans want.
Abortion in Arizona: Where Kari Lake, Katie Hobbs stand on issue
Gov. Ducey this year vetoed Proposition 400, which would have asked voters to extend a half cent sales tax that funds transportation projects across Maricopa County. In 2020, almost 52% of Arizona voters approved a tax increase on high-income earners to fund education, but Ducey and his allies defeated it after a legal battle. In what circumstances should the governor work against the will of voters, or prevent them from weighing in?
Hobbs: Arizonans are proudly independent thinkers who reject extremism in either direction, and our elected leaders should reflect that. The governor should uphold and uplift the will of Arizonans, not blatantly undercut it. Unlike my dangerously extreme opponent Kari Lake, my views and policies are in line with and informed by what the vast majority of Arizonans want in their leaders.
As governor, I will use my position to defend Arizonans’ freedoms against efforts by candidates like Lake who want to circumvent the democratic process and push their own extreme agendas at our expense.
Joe Biden won the 2020 presidential election. Do you agree, yes or no?
Hobbs: Yes. The fact that my opponent Kari Lake refuses to accept this and continues to push debunked conspiracy theories is disqualifying for any elected office — especially the state’s top elected office. Lake has gone so far as to say her “number one concern” is “fixing the 2020 election.” Arizonans, including myself, are ready to move on from the last election and get to work solving the most pressing issues we face today, like our water crisis and skyrocketing housing prices.
Election deniers in Arizona: The candidates and their claims on 2020
The FBI raided former President Donald Trump’s personal residence after he repeatedly failed to turn over hundreds of pages of government documents, including top-secret information. What should happen as a result of this?
Hobbs: While my opponent’s response was to call for dismantling the nation’s top law enforcement agency, I believe nobody is above the law in this country, and everyone should be held accountable when they break the law, even former presidents. Americans need to be able to trust that their government operates on values of justice and accountability. Protecting our national security and keeping our country and citizens safe from foreign threats must always be a top priority. I have every confidence that our country’s law enforcement agencies will follow the evidence wherever it may lead.
Arizona’s budget is bursting with cash and the state is attracting new business and industry. As governor, what will you do to support the state’s long-term economic growth?
Hobbs: Supporting our state’s growing economy and ensuring all Arizonans have the opportunity to benefit from it will be my top priority as governor. To keep our state on the path to prosperity, we need to finally tackle our water crisis so that businesses and their employees have the certainty they need to grow here or relocate to Arizona.
We also need to keep housing prices in check so that people can afford to buy or rent homes here. Ensuring the longevity of a thriving Arizona economy means ensuring that our workforce can meet the demands of today while also preparing for the world of tomorrow. I will incentivize job training and ensure our children are developing relevant skills for the workforce early on — no matter their ZIP code or economic background — and create a refundable tax credit for career and technical education opportunities.
Economic and population growth brings challenges, too, like strain on Arizona’s water resources and limited housing supply, which has driven up costs for many Arizonans. How will you balance that growth with the consequences of it?
Hobbs: For too many families, rising prices have been a heavy burden on everyday life. I know exactly what that feels like because my own family has struggled financially, and I’ve always worked more than one job to pay the bills. In 2010, during the economic collapse, my own home was foreclosed on, so the consequences of skyrocketing housing prices are very real to me.
That’s why I have an economic plan that economists say will lower costs and build a sustainable path of economic growth for working families. I’ve proposed a plan to create a state-level child tax credit, eliminate sales tax on everyday essentials like medications, and hold bad actors accountable in the housing market. You can find all my plans for Arizona at katiehobbs.org/plans.
Arizona schools are struggling to find teachers. As governor, what will you do to help find quality teachers and administrators?
Hobbs: When we invest in our children, we are investing in a bright future for Arizona. Unfortunately, our children are suffering the burden of the teacher shortage with large class sizes and a lack of experienced educators.
We need real solutions to Boost our education system for all Arizonans, starting with fixing the root causes of this crisis. We do this by providing more resources for the classroom, including more guidance counselors and mental health professionals, raising teacher salaries to the national average, providing mentorship for teachers, and building the pipeline of new teachers by expanding the Arizona Teachers Academy, which was dramatically underfunded this year.
Education: As teacher shortage worsens, program to create more educators sees cutbacks
Immigration and the border consistently rank top-of-mind for Arizona voters, but Congress has fallen short of reform, leaving governors in Arizona to take what limited measures they can. Border encounters have hit a record high this year. What will you do differently, and why should voters favor your plan over your opponent’s?
Hobbs: My plan to secure the border provides practical and immediate support and resources to Arizona’s border communities that are bearing the brunt of this crisis. Arizona border sheriffs endorsed my campaign because they know they’ll have a partner in the Governor’s Office who is serious about tackling this problem.
At the state level, I will get to work right away to boost funding for law enforcement in border communities, providing Department of Public Safety assistance directly to sheriffs on the border to ensure they have the necessary resources to handle migrant crossings humanely and efficiently. As a governor of a border state, I will be in a unique position to work with federal lawmakers on both sides of the aisle to identify solutions to secure our border and reform our immigration laws so we can finally deal with the root of the problem.
Reach reporter Stacey Barchenger at firstname.lastname@example.org or 480-416-5669. Follow her on Twitter @sbarchenger.
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This article originally appeared on Arizona Republic: Arizona governor's race: How Katie Hobbs would govern if elected
Former Goldman Sachs executive and macroeconomic expert Raoul Pal has raised an interesting argument about how Indian growth tech companies are expanding significantly in a higher interest rate environment as compared to the U.S.
“There is a puzzle in trying to figure out. Many people say that growth tech can’t grow without low rates, but I look across at India with 7.5% rates and growth tech is growing like crazy and with high valuations. 4% U.S. rates is hardly a hurdle for a fast-growing sector,” Pal tweeted.
Rate Differential: Pal’s argument points towards the interest rate differential between the two countries and the general belief that prolonged lower interest rates aid in fuelling growth at tech companies.
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The interest rate differential between India and the U.S. currently stands at over 2.5% if the policy rates are taken into account. However, when it comes to on-ground lending, the differential could be way higher, taking into account the huge spreads that Indian banks charge their customers, especially to companies that are just growing.
However, if one was to believe that the growth of tech companies is inversely proportional to the prevailing interest rates, then the firms that grew in the 70s and 80s when the Fed aggressively hiked interest rates to counter inflation present interesting case studies.
Pal cited the example of IBM IBM and Xerox Holdings Corp XRX, which witnessed their growth periods when the Fed funds rate was consistently over the 7% mark.
“Remember IBM and Xerox in the '70s and ’80s. I think rates are a red herring and I think rates go lower anyway,” he tweeted.
Another interesting American company is PayPal Holdings Inc PYPL, which was founded in the year 1998. Since its founding 24 years ago, the company has become a behemoth with a market capitalization of close to $98 billion.
As in India’s case, digital payments and financial services company Paytm, which was founded in the year 2010, when the policy rate in India was close to 5%, has currently grown to a valuation of close to $5.75 billion.
This is interesting because interest rates were on an upward path till 2014 in India when the policy rate touched its peak at 8%. Similarly, the food delivery app Zomato which was founded in 2008, is currently boasting a valuation of over $7 billion.
Demographics: One Twitter user pointed out India’s demographics could be a reason. Pal acknowledged the discussions but asserted that margins are similar globally and so are tech growth rates.
“Lots of interesting replies that India is different because of costs or demographics but the truth is margins are similar globally and tech growth rates are the same globally. Lots of inconsistencies here,” he said.
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
The MarketWatch News Department was not involved in the creation of this content.
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