Personally I prefer negative griping to negative gripping, but I digress.
Actually, I'd post positive economic news for Phoenix, but there isn't much of that lately, now is there? This is what happens to a one-horse economy built around sprawl and construction of single family homes as your dominant industry, and Talton warned of these things years ago when the party was still roaring hard. This is why Phoenix is facing $200+ million deficits and the state is selling off their office buildings for a lease back scheme. Face it, especially when it comes to state funding, Arizona is the poster child for running a Banana Republic within the United States. Mississippi of the west comes to mind...
Let's see:
313,000 jobs lost since 2006 (second highest percentage lost of all major U.S. cities)
Unemployment rising to nearly 10% from 3%
A dozen high-rise buildings abandoned or in foreclosure, perhaps more
23% of the single-family homes in Phoenix have been foreclosed, are in foreclosure, or are behind as of this writing
Whole suburban neighborhoods ravaged
New construction reduced 90% from 70,000 homes per year to 7,000
A median real estate price of $125,000, down from $266,000 in 2006 and now lower than cities like Salt Lake City, Kansas City, etc. (fourth worst in the U.S.)
17,000 businesses lost in Phoenix since 2006
A 17% drop in retail sales since 2006
Just calling a spade a spade. Sorry I don't run around with my fairy wings on with fruity tights trying to bring oodles of joy to people's lives as you seem to think that's the only thing I should do.
--don